So-Young International (SY) EBIT Margin (2018 - 2026)

So-Young International's (SY) quarterly EBIT Margin came in at 13.32% in Q1 2026, up 128.0% year-on-year from 5.84% in Q1 2025, and up 50.08% quarter-over-quarter from 26.69% in Q4 2025.

So-Young International (SY) EBIT Margin (2018 - 2026) Analysis & Trends

So-Young International's EBIT Margin history runs 9 years deep, the most recent figure standing at 13.32% for Q1 2026.

  • On a quarterly basis, EBIT Margin rose 128.0% year-over-year to 13.32% in Q1 2026; TTM through Mar 2026 was 18.07%, a 2503.0% increase from a year earlier, with the FY2025 full-year figure at 18.79%, up 2379.0% from the prior year.
  • EBIT Margin advanced to 13.32% in Q1 2026 per SY's latest filing, from 26.69% in the prior quarter.
  • Across five years, EBIT Margin topped out at 7.49% in Q4 2022 and bottomed at 162.25% in Q4 2024.
  • The 5-year median for EBIT Margin is 11.69% (2024), against an average of 18.16%.
  • Across the five-year window, EBIT Margin slumped 16100 bps in 2024 and jumped 13557 bps in 2025, its largest moves.
  • Year by year, EBIT Margin stood at 7.49% in 2022, then slumped by 117 bps to 1.26% in 2023, then plunged by 12817 bps to 162.25% in 2024, then soared by 84 bps to 26.69% in 2025, then jumped by 50 bps to 13.32% in 2026.
  • Per Business Quant, the three latest SY EBIT Margin figures stand at 13.32% (Q1 2026), 26.69% (Q4 2025), and 18.7% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 30.93%
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 3.36%
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 29.03%
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn -11.30%
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 17.59%
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn -11.11%
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 25.64%
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 17.08%
9 Privia Health 3.10 Bn 2.73 Bn - 1.23%
10 So-Young International 149.13 Mn 34.00 Mn 26.35 Mn -13.32%

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.32%
Dec 31, 2025 -26.69%
Sep 30, 2025 -18.70%
Jun 30, 2025 -12.32%
Mar 31, 2025 -14.60%
Dec 31, 2024 -162.25%
Sep 30, 2024 1.26%
Jun 30, 2024 1.65%
Mar 31, 2024 -11.69%
Dec 31, 2023 -1.26%
Sep 30, 2023 -0.52%
Jun 30, 2023 -5.03%
Mar 31, 2023 -10.82%
Dec 31, 2022 7.49%
Sep 30, 2022 -2.27%
Jun 30, 2022 -13.81%
Mar 31, 2022 -25.89%
Dec 31, 2021 -11.01%
Sep 30, 2021 4.45%
Jun 30, 2021 12.77%