Coffee is a popular beverage all over the world, but spent coffee grounds (SCGs) constituting almost 75% of original beans are usually considered waste and disposed off. e present study analyzed the functionalities of SCG with a view of its reuse in the cosmetic industry. e SCG extraction was carried out by the hydrothermal method. e resultant extracts were tested for its antioxidant capacity, tyrosinase inhibition, and moisturizing ability. LC-MS/MS results showed two major components in SCG extracts, namely, trigonelline and caffeine. Also, the SCG contained total flavonoid contents of 29 ± 4.5 mg quercetin equivalents (QE)/g SCG and total phenolic contents of 9.44 ± 0.90 mg gallic acid equivalents (GAE)/g SCG. Regarding functionality analysis, SCG extracts exhibited reduction capacity of 8.18 ± 0.39 mg vitamin C equivalent (VCE)/g SCG, DPPH free-radical scavenging activity (IC 50 ) of 3.11 mg SCG/mL, ABTS free-radical scavenging activity (IC 50 ) of 13.61 mg SCG/mL, and tyrosinase inhibition capacity (IC 50 ) of 2.23 mg SCG/mL. Moreover, the volatilization rate of the extract solution (37 mg SCG/mL) reduced by 15.9%. ese results demonstrate the utility of recycling of SCG and illustrate its potential application in the development of skin care products.