So-Young International (SY) EBT Margin (2018 - 2026)
So-Young International (SY) recorded EBT Margin of -5.37% in Q2 2026, up 3.32 percentage points from -8.69% a year earlier and up 6.40 percentage points from the prior quarter.
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Analysis
So-Young International (SY) EBT Margin (2018 - 2026) Analysis & Trends
On a TTM basis, So-Young International's EBT Margin came in at -14.28% as of Jun 30, 2026, up 30.87 percentage points year-over-year; for FY2025, it came in at -16.16%, up 23.94 percentage points from FY2024.
- Annual EBT Margin has a five-year change of -16.16 percentage points (FY2020 to FY2025).
- Across earlier years, EBT Margin came in at -40.10% in FY2024 (-40.62 pp), 0.53% in FY2023 (+7.45 pp), -6.92% in FY2022 (-5.95 pp) and -0.97% in FY2021 (-0.98 pp).
- The Q2 2026 figure is the highest quarterly EBT Margin since Q3 2024.
- On a year-over-year basis, EBT Margin rose in three of the last eight quarters, with an average year-over-year change of -7.78 percentage points.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 139.19 percentage points in Q4 2025, against a drop of 166.24 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -11.78% (Q1 2026), -24.90% (Q4 2025) and -16.47% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 12.33% |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | -8.93% |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 13.54% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 10.36% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | -35.81% |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 23.81% |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 2.30% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 16.38% |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 12.24% |
| 10 | So-Young International | 41.47 Mn | -434.09 Mn | 32.84 Mn | -5.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.37% |
| 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% |
API Access
So-Young International EBT 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=ebt-margin&ticker=SY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=SY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();