So-Young International (SY) EBT Margin (2018 - 2026)
So-Young International's (SY) quarterly EBT Margin came in at 11.78% in Q1 2026, down 8.0% year-on-year from 12.8% in Q1 2025, and up 52.71% quarter-over-quarter from 24.9% in Q4 2025.
So-Young International (SY) EBT Margin (2018 - 2026) Analysis & Trends
So-Young International's EBT Margin history runs 9 years deep, the most recent figure standing at 11.78% for Q1 2026.
- On a quarterly basis, EBT Margin fell 8.0% year-over-year to 11.78% in Q1 2026; TTM through Mar 2026 was 15.83%, a 2510.0% increase from a year earlier, with the FY2025 full-year figure at 16.16%, up 2394.0% from the prior year.
- EBT Margin climbed to 11.78% in Q1 2026 per SY's latest filing, from 24.9% in the prior quarter.
- Across five years, EBT Margin topped out at 9.03% in Q4 2022 and bottomed at 164.09% in Q4 2024.
- The 5-year median for EBT Margin is 7.15% (2024), against an average of 15.43%.
- Across the five-year window, EBT Margin sank 16624 bps in 2024 and surged 13919 bps in 2025, its largest moves.
- Year by year, EBT Margin stood at 9.03% in 2022, then slumped by 76 bps to 2.15% in 2023, then tumbled by 7743 bps to 164.09% in 2024, then surged by 85 bps to 24.9% in 2025, then soared by 53 bps to 11.78% in 2026.
- Per Business Quant, the three latest SY EBT Margin figures stand at 11.78% (Q1 2026), 24.9% (Q4 2025), and 16.47% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 39.36% |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 2.29% |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 26.06% |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | -8.52% |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 19.72% |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | -10.99% |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 19.06% |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 22.10% |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 1.54% |
| 10 | So-Young International | 149.13 Mn | 34.00 Mn | 26.35 Mn | -11.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.78% |
| Dec 31, 2025 | -24.90% |
| Sep 30, 2025 | -16.47% |
| Jun 30, 2025 | -8.69% |
| Mar 31, 2025 | -11.69% |
| Dec 31, 2024 | -164.09% |
| Sep 30, 2024 | 6.17% |
| Jun 30, 2024 | 4.31% |
| Mar 31, 2024 | -7.15% |
| Dec 31, 2023 | 2.15% |
| Sep 30, 2023 | 4.40% |
| Jun 30, 2023 | -0.51% |
| Mar 31, 2023 | -4.96% |
| Dec 31, 2022 | 9.03% |
| Sep 30, 2022 | -4.52% |
| Jun 30, 2022 | -10.55% |
| Mar 31, 2022 | -23.04% |
| Dec 31, 2021 | -9.66% |
| Sep 30, 2021 | 2.36% |
| Jun 30, 2021 | 14.92% |