YB revenueFY2025CN¥4.37B
- FY YoY
- +33.1%
YB revenue was CN¥4.37B for fiscal 2025 (ended Dec 31, 2025), up 33.1% from fiscal 2024.
Financials · YB
Yuanbao Inc. (YB) financials
For fiscal 2025 (ended Dec 31, 2025), Yuanbao Inc. reported CN¥4.37B of revenue and CN¥1.31B of net income. Figures are in CNY, the currency of its SEC filings.
- Revenue, FY2025
- CN¥4.37B
- Revenue growth, YoY
- +33.1%
- Net income, FY2025
- CN¥1.31B
- Net income growth, YoY
- +51.0%
- Net margin
- 29.9%
- Free cash flow, FY2025
- CN¥1.48B
- EPS, diluted, FY2025
- CN¥4.57
- EPS growth, YoY
- +43.3%
- Cash
- CN¥860.46M
FY2023FY2025
FY2023FY2025
FY2023FY2025
YB revenue and earnings growth
YB net incomeFY2025CN¥1.31B
- FY YoY
- +51.0%
YB net income was CN¥1.31B for fiscal 2025 (ended Dec 31, 2025), up 51.0% from fiscal 2024.
YB EPSFY2025CN¥4.57
- FY YoY
- +43.3%
YB diluted EPS was CN¥4.57 for fiscal 2025 (ended Dec 31, 2025), up 43.3% from fiscal 2024.
YB free cash flowFY2025CN¥1.48B
- FY YoY
- +22.6%
YB free cash flow was CN¥1.48B for fiscal 2025 (ended Dec 31, 2025), up 22.6% from fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Revenue | CN¥4.37B | CN¥3.28B | CN¥2.05B |
| Cost of revenue | CN¥167.46M | CN¥166.33M | CN¥137.96M |
| Gross profit | CN¥4.21B | CN¥3.12B | CN¥1.91B |
| Research and development | CN¥365.11M | CN¥231.04M | CN¥128.53M |
| Selling, general and admin | CN¥286.84M | CN¥238.64M | CN¥141.53M |
| Pre-tax income | CN¥1.41B | CN¥891.41M | CN¥205.48M |
| Income tax | CN¥101.17M | CN¥25.57M | CN¥291.0K |
| Net income | CN¥1.31B | CN¥865.85M | CN¥203.12M |
| EPS, basic | CN¥9.29 | CN¥4.34 | -CN¥4.71 |
| EPS, diluted | CN¥4.57 | CN¥3.19 | -CN¥4.71 |
| Diluted shares | 285.9M | 271.3M | 70.7M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Cash and equivalents | CN¥860.46M | CN¥1.90B | CN¥863.12M |
| Short-term investments | CN¥2.83B | CN¥336.22M | - |
| Receivables | CN¥441.41M | CN¥260.96M | - |
| Current assets | CN¥4.46B | CN¥2.67B | - |
| Total assets | CN¥4.66B | CN¥2.78B | - |
| Current liabilities | CN¥1.14B | CN¥940.81M | - |
| Total liabilities | CN¥1.31B | CN¥992.55M | - |
| Shareholders' equity | CN¥3.35B | -CN¥1.63B | -CN¥2.14B |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Operating cash flow | CN¥1.50B | CN¥1.21B | CN¥441.97M |
| Capital expenditures | CN¥19.04M | CN¥3.34M | CN¥4.64M |
| Free cash flow | CN¥1.48B | CN¥1.20B | CN¥437.33M |
| Investing cash flow | -CN¥2.72B | -CN¥157.57M | -CN¥45.26M |
| Financing cash flow | CN¥196.84M | -CN¥9.11M | CN¥18.05M |
| Stock-based compensation | CN¥74.32M | CN¥64.02M | CN¥37.11M |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Revenue growth, YoY | 33.1% | 60.6% | - |
| Net income growth, YoY | 51.0% | 326.3% | - |
| EPS growth, YoY | 43.3% | - | - |
| Gross margin | 96.2% | 94.9% | 93.3% |
| Net margin | 29.9% | 26.4% | 9.9% |
| Free cash flow margin | 33.8% | 36.7% | 21.4% |
| Return on equity | 39.1% | - | - |
| Return on assets | 28.1% | 31.1% | - |
| Current ratio | 3.91 | 2.84 | - |
Source: XBRL data Yuanbao Inc. files with the SEC, latest filing dated Apr 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
YB peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| YB | CN¥4.37B | +33.1% | CN¥1.31B | 29.9% | $477.4M |
| MRSH | $28.46B | +7.6% | $4.04B | 14.2% | $97.18B |
| AJG | $16.36B | +25.6% | $1.70B | 10.4% | $71.95B |
| AON | $17.68B | +3.8% | $3.93B | 22.2% | $71.24B |
| WTW | $10.27B | +4.8% | $1.56B | 15.2% | $30.16B |
| BRO | $6.91B | +26.1% | $1.22B | 17.7% | $23.55B |
| EQH | $13.05B | +8.7% | $1.50B | 11.5% | $14.78B |
| ERIE | $4.12B | +2.0% | $576.14M | 14.0% | $12.50B |
| FNF | $14.91B | +6.4% | $1.05B | 7.0% | $12.08B |
YB FAQ
9 questionsWhat is YB revenue?
Yuanbao Inc. (YB) reported CN¥4.37B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 33.1% from the year before.Is YB profitable?
Yes. Yuanbao Inc. earned CN¥1.31B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 29.9%.How much cash and debt does YB have?
Yuanbao Inc. reported CN¥860.46M in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is YB revenue growing?
Yuanbao Inc.'s revenue changed +33.1% in fiscal 2025, to CN¥4.37B.What is YB gross margin?
Yuanbao Inc.'s gross profit was CN¥4.21B on CN¥4.37B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 96.2%.What is YB free cash flow?
Yuanbao Inc. generated CN¥1.48B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of CN¥1.50B less capital expenditures.What is YB earnings per share?
Diluted earnings per share were CN¥4.57 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did YB last report financial results?
The latest statements here come from Yuanbao Inc.'s 20-F filed on Apr 30, 2026, covering the period ended Dec 31, 2025.Where does this YB financial data come from?
Quantisnow builds these statements from the structured XBRL data Yuanbao Inc. files with the SEC. It is provided for information only and is not investment advice.