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Yatsen Q2 Revenue Rises 5% but Net Loss Widens to RMB90.8M

Yatsen Holding logoYatsen Holding
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Yatsen’s Q2 2026 net revenues rose 5.1% year over year to RMB1.14 billion. Net loss widened to RMB90.8 million from RMB19.5 million, and operating loss margin increased to 11.5%. Net cash from operating activities turned to a RMB78.0 million outflow. Filings disclose certain convertible notes as a non-current liability rather than ordinary shares.

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