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So-Young International (SY) Gross Margin (2019 - 2025)

Historic Gross Margin for So-Young International (SY) over the last 7 years, with Q3 2025 value amounting to 47.29%.

  • So-Young International's Gross Margin fell 144700.0% to 47.29% in Q3 2025 from the same period last year, while for Sep 2025 it was 51.72%, marking a year-over-year decrease of 114700.0%. This contributed to the annual value of 61.3% for FY2024, which is 23600.0% down from last year.
  • Latest data reveals that So-Young International reported Gross Margin of 47.29% as of Q3 2025, which was down 144700.0% from 51.27% recorded in Q2 2025.
  • In the past 5 years, So-Young International's Gross Margin registered a high of 86.99% during Q2 2021, and its lowest value of 47.29% during Q3 2025.
  • Moreover, its 5-year median value for Gross Margin was 63.51% (2023), whereas its average is 65.55%.
  • Its Gross Margin has fluctuated over the past 5 years, first skyrocketed by 90500bps in 2021, then plummeted by -209300bps in 2022.
  • Over the past 5 years, So-Young International's Gross Margin (Quarter) stood at 71.73% in 2021, then grew by 2bps to 72.87% in 2022, then dropped by -11bps to 64.76% in 2023, then dropped by -10bps to 58.55% in 2024, then fell by -19bps to 47.29% in 2025.
  • Its Gross Margin stands at 47.29% for Q3 2025, versus 51.27% for Q2 2025 and 49.06% for Q1 2025.