Yuanbao (YB) Income Statement

Yuanbao reported revenue of CNY 4.37B in fiscal 2025 (fiscal year ended Dec 31, 2025), up 33.1% from CNY 3.28B a year earlier. Net income was CNY 2.01B, up 132.0% year over year, a net margin of 45.9%. Gross margin was 100.0% and operating margin 96.2%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was CNY 1.39B, up 30.1% from the same quarter a year earlier.

Yuanbao Income Statement Analysis

Values in billions CNY

Income Statement Balance Sheet Cash Flow Ratios

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Yuanbao Inc. income statement - Annual data in billions CNY
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Revenue & Gross Profit
Revenue	4.37	3.28	2.05	0.85	0.39
Cost of Revenue	0.17	0.33	0.14	0.10	0.06
Gross Profit	4.37	2.95	2.05	0.75	0.39
Operating Expenses
Research & Development	0.37	0.23	0.13	0.08	0.09
Selling, General & Administrative	2.50	1.79	1.60	0.64	0.64
Operating Expenses	0.17	2.09	0.14	0.76	0.06
Operating Income	4.21	0.86	1.91	-0.02	0.32
Other Income/Expense
Interest Income	0.07	0.02	0.02	0.01	0.00
Interest Expense	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	0.07	0.01	0.03	0.01	0.00
Income
Income Before Tax	1.41	0.89	0.21	0.00	-0.40
Income Tax Expense	0.10	0.03	0.00	0.00	0.00
Net Income	2.01	0.87	-0.33	0.02	-1.22
Net Income - Continuous Operations	1.31	0.87	0.20	0.00	-0.44
Net Income - Discontinued Operations	-	-	0.00	0.02	-0.04
EBITDA	1.34	0.87	0.18	-0.01	-0.40
EBIT	1.34	0.86	0.18	-0.02	-0.40
Depreciation & Amortization	0.00	0.01	0.00	0.01	0.00
Earnings Per Share
Basic EPS	56.00	10.00	-28.00	-10.00	-382.00
Diluted EPS	27.00	10.00	-28.00	-10.00	-382.00
Basic Shares Outstanding	0.04	0.05	0.01	0.05	0.00
Diluted Shares Outstanding	0.05	0.05	0.01	0.05	0.00

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Yuanbao Financial Statements

What was Yuanbao's revenue in fiscal 2025?

Yuanbao reported revenue of CNY 4.37B in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 33.1% from CNY 3.28B a year earlier.

Is Yuanbao profitable?

Yes. Yuanbao earned net income of CNY 2.01B in fiscal 2025, a net margin of 45.9%. In fiscal 2024 it earned CNY 865.85M.

What is Yuanbao's operating margin?

Yuanbao's operating income was CNY 4.21B on revenue of CNY 4.37B in fiscal 2025, an operating margin of 96.2%, compared with 26.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition