Yatsen Holding Ltd R&D Expense

Quick Answer

Yatsen Holding Ltd reported R&D Expense of $109.29 million for fiscal year 2024.

Yatsen Holding Ltd R&D Expense — Annual History

Fiscal Year R&D Expense YoY Change
2024 $109.29M -2.2%
2023 $111.70M -12.0%
2022 $126.88M -10.7%
2021 $142.09M +113.6%
2020 $66.51M +186.9%
2019 $23.18M +777.7%
2018 $2.64M
  • Yatsen Holding Ltd showed a decrease of -2.2% in R&D Expense compared to the prior fiscal year.
  • Over the 2018–2024 period, Yatsen Holding Ltd’s r&d expense has grown by 4038.1% (from $2.64 million to $109.29 million).
  • The most recent figure is from Yatsen Holding Ltd’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 22, 2025.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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