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

So-Young International (SY) recorded quarterly EBT Margin of 11.78% in Q1 2026, up 52.71% quarter-over-quarter from 24.9% in Q4 2025, and down 8.0% on a YoY basis from 12.8% in Q1 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.

  • In Q1 2026, EBT Margin fell 8.0% year-over-year to 11.78%; the TTM figure through Mar 2026 stood at 15.83% (up 2510.0% YoY), while the FY2025 annual figure was 16.16%, up 2394.0% from the prior year.
  • EBT Margin was 11.78% for Q1 2026 at So-Young International, up from 24.9% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 9.03% in Q4 2022 to a low of 164.09% in Q4 2024.
  • Historically, EBT Margin has averaged 15.43% across 5 years, with a median of 7.15% in 2024.
  • The sharpest annual moves came in 2024 and 2025: EBT Margin sank 16624 bps in 2024, then soared 13919 bps in 2025.
  • A 5-year view of EBT Margin shows it stood at 9.03% in 2022, then plunged by 76 bps to 2.15% in 2023, then sank 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.
  • The last three EBT Margin figures came in at 11.78% (Q1 2026), 24.9% (Q4 2025), and 16.47% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 39.36%
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 2.29%
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 26.06%
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 19.72%
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn -8.52%
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 22.10%
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 19.06%
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 1.54%
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 5.46%
10 So-Young International 28.43 Mn -78.18 Mn 26.35 Mn -11.78%

Historic Data

Download Data
DateValue
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%