Yatsen Holding Ltd. reported total net revenues of RMB998.4 million (US$140.2 million) for the third quarter of 2025, a 47.5% increase from RMB677.0 million in the prior year period. Net revenues from Skincare Brands rose by 83.2% to RMB490.8 million (US$68.9 million), representing 49.2% of total net revenues compared to 39.6% in the previous year. Gross margin improved to 78.2% from 75.9%. Net loss narrowed by 41.9% to RMB70.4 million (US$9.9 million), while non-GAAP net loss decreased by 32.8% to RMB51.5 million (US$7.2 million). Cash, restricted cash, and short-term investments stood at RMB1.16 billion (US$162.6 million) as of September 30, 2025. The company expects total net revenues for the fourth quarter of 2025 to be between RMB1.32 billion and RMB1.49 billion, a projected year-over-year increase of approximately 15% to 30%. Major brands launched new products during the quarter, including DR.WU's PDRN Serum and Galénic's No.3 VB Serum.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yatsen Holding Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN25793) on November 17, 2025, and is solely responsible for the information contained therein.
Comments