The invention relates to the technical field of cosmetics and discloses a multifunctional skin essence which comprises the following components in percentage by mass: 78.38% of water, 5% of glycerinum, 3% of polysorbate-80, 3% of polyethylene glycol-400, 2% of glyceryl stearate, 2% of polyethylene glycol-60, 1% of ethanol, 0.5% of a cladosiphon okamuranus extract, 0.5% of a ginseng root extract, 0.2% of glycine betaine, 0.03% of hyaluronic acid, 0.2% of a vaccinium myrtillus extract, 0.2% of a hydroxyethyl cellulose, 0.5% of butanediol, 0.2% of dipotassium glycyrrhizinate, 0.4% of carbomer, 0.5% of natto gum, 0.05% of tranexamic acid, 0.2% of potassium 4-methoxysalicylate, 0.2% of a yeast extract, 0.15% of methylparaben, 0.1% of potassium hydroxide, 0.02% of ascorbic acid magnesium phosphate, 0.02% of EDTA (Ethylene Diamine Tetraacetic Acid) disodium, 0.1% of a hamamelis virginiana extract, 0.02% of sodium polyglutamate, 0.5% of a glycyrrhiza glabra root extract, 0.5% of a malva sylvestris flower extract, 0.3% of a chamomilla recutita flower extract, 0.2% of a peony root extract and 0.03% of an essence. The essence plays roles of a toner, a lotion and an essence, three effects arecombined into one, one bottle of essence can replace three bottles of cosmetics, and skin nursing procedures can be simplified.