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

Yatsen Holding's Operating Margin history runs 7 years deep, the most recent figure standing at 0.92% for Q4 2025.

• On a quarterly basis, Operating Margin rose 3309.0% year-over-year to 0.92% in Q4 2025; TTM through Dec 2025 was 4.3%, a 1996.0% increase from a year earlier, with the FY2025 full-year figure at 4.32%, up 1999.0% from the prior year.
• Operating Margin climbed to 0.92% in Q4 2025 per YSG's latest filing, from 8.37% in the prior quarter.
• Across five years, Operating Margin topped out at 0.92% in Q4 2025 and bottomed at 50.31% in Q4 2023.
• The 5-year median for Operating Margin is 22.32% (2021), against an average of 21.17%.
• Across the five-year window, Operating Margin surged 4535 bps in 2021 and plunged 4253 bps in 2023, its largest moves.
• Year by year, Operating Margin stood at 32.84% in 2021, then surged by 76 bps to 7.78% in 2022, then tumbled by 546 bps to 50.31% in 2023, then soared by 32 bps to 34.01% in 2024, then surged by 97 bps to 0.92% in 2025.
• Per Business Quant, the three latest YSG Operating Margin figures stand at 0.92% (Q4 2025), 8.37% (Q3 2025), and 5.11% (Q2 2025).