So-Young International (SY) EBIT Margin (2018 - 2026)
So-Young International's EBIT Margin was -8.60% in Q2 2026, up 3.83 percentage points from -12.44% a year earlier and up 4.72 percentage points from the prior quarter.
So-Young International (SY) EBIT Margin (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, So-Young International's EBIT Margin was -16.51% through Jun 30, 2026, up 31.09 percentage points year-over-year; for FY2025, it was -18.79%, up 23.79 percentage points from FY2024.
- EBIT Margin shows a five-year change of -14.41 percentage points (FY2020 to FY2025).
- In earlier years, EBIT Margin was -42.58% in FY2024 (-38.50 pp), -4.08% in FY2023 (+4.10 pp), -8.17% in FY2022 (-6.25 pp) and -1.92% in FY2021 (+2.45 pp).
- The Q2 2026 figure marks the highest quarterly EBIT Margin since Q3 2024.
- Compared with a year earlier, EBIT Margin has increased for three straight quarters, with an average year-over-year change of -6.94 percentage points over the last eight quarters.
- The best year-over-year quarter for EBIT Margin over five years was Q4 2025 (a gain of 135.57 percentage points); the worst was Q4 2024 (a drop of 161.00 percentage points).
- Per Business Quant data, SY's EBIT Margin in the three quarters before Q2 2026 was -13.32% (Q1 2026), -26.69% (Q4 2025) and -18.70% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 15.29% |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | -10.07% |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 15.08% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 12.10% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | -38.55% |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 26.67% |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | -19.85% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 18.43% |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 16.29% |
| 10 | So-Young International | 41.47 Mn | -434.09 Mn | 32.84 Mn | -8.60% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.60% |
| Mar 31, 2026 | -13.32% |
| Dec 31, 2025 | -26.69% |
| Sep 30, 2025 | -18.70% |
| Jun 30, 2025 | -12.44% |
| Mar 31, 2025 | -14.58% |
| Dec 31, 2024 | -162.25% |
| Sep 30, 2024 | 1.23% |
| Jun 30, 2024 | 1.66% |
| Mar 31, 2024 | -11.69% |
| Dec 31, 2023 | -1.26% |
| Sep 30, 2023 | -0.52% |
| Jun 30, 2023 | -5.03% |
| Mar 31, 2023 | -10.78% |
| Dec 31, 2022 | 7.49% |
| Sep 30, 2022 | -2.36% |
| Jun 30, 2022 | -13.81% |
| Mar 31, 2022 | -25.86% |
| Dec 31, 2021 | -11.01% |
| Sep 30, 2021 | 4.45% |
So-Young International EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=SY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "SY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=SY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();