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Yatsen Holding (YSG) Research & Development (2019 - 2025)

Yatsen Holding has reported Research & Development over the past 7 years, most recently at -$5.5 million for Q4 2025.

  • For Q4 2025, Research & Development fell 53.7% year-over-year to -$5.5 million; the TTM value through Dec 2025 reached -$19.3 million, down 27.16%, while the annual FY2025 figure was $19.6 million, 31.13% up from the prior year.
  • Research & Development for Q4 2025 was -$5.5 million at Yatsen Holding, up from -$5.6 million in the prior quarter.
  • Over five years, Research & Development peaked at -$3.1 million in Q1 2025 and troughed at -$6.8 million in Q4 2021.
  • A 5-year average of -$4.6 million and a median of -$4.5 million in 2021 define the central range for Research & Development.
  • Biggest five-year swings in Research & Development: crashed 170.86% in 2021 and later skyrocketed 46.37% in 2022.
  • Year by year, Research & Development stood at -$6.8 million in 2021, then skyrocketed by 46.37% to -$3.6 million in 2022, then plummeted by 42.39% to -$5.2 million in 2023, then soared by 30.46% to -$3.6 million in 2024, then plummeted by 53.7% to -$5.5 million in 2025.
  • Business Quant data shows Research & Development for YSG at -$5.5 million in Q4 2025, -$5.6 million in Q3 2025, and -$5.0 million in Q2 2025.