Yatsen Holding (YSG) Operating Income (2019 - 2025)

Yatsen Holding's Operating Income history runs 7 years deep, the most recent figure standing at -$1.8 million for Q4 2025.

• On a quarterly basis, Operating Income rose 96.61% year-over-year to -$1.8 million in Q4 2025; TTM through Dec 2025 was -$26.0 million, a 77.22% increase from a year earlier, with the FY2025 full-year figure at -$26.6 million, up 76.49% from the prior year.
• Operating Income improved to -$1.8 million in Q4 2025 per YSG's latest filing, from -$11.7 million in the prior quarter.
• Across five years, Operating Income topped out at -$1.0 million in Q1 2023 and bottomed at -$78.7 million in Q4 2021.
• The 5-year median for Operating Income is -$26.8 million (2023), against an average of -$32.9 million.
• Across the five-year window, Operating Income jumped 97.85% in 2023 and slumped 1994.25% in 2024, its largest moves.
• Year by year, Operating Income stood at -$78.7 million in 2021, then surged by 85.59% to -$11.3 million in 2022, then plunged by 569.96% to -$76.0 million in 2023, then advanced by 29.59% to -$53.5 million in 2024, then soared by 96.61% to -$1.8 million in 2025.
• Per Business Quant, the three latest YSG Operating Income figures stand at -$1.8 million (Q4 2025), -$11.7 million (Q3 2025), and -$7.7 million (Q2 2025).