So-Young International (SY) Operating Expenses (2018 - 2026)
So-Young International's Operating Expenses came in at -$39.28 million for Q2 2026, compared with -$33.68 million a year earlier.
Powered by 
Analysis
So-Young International (SY) Operating Expenses (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, So-Young International reported Operating Expenses of -$156.79 million; for FY2025, it was -$144.98 million.
- Going back by year, Operating Expenses was -$208.73 million in FY2024, -$142.92 million in FY2023, -$140.26 million in FY2022 and -$219.24 million in FY2021.
- The five-year range for quarterly Operating Expenses is -$111.69 million (Q4 2024) to -$26.08 million (Q1 2025).
- Business Quant data shows SY's Operating Expenses at -$34.75 million (Q1 2026), -$46.86 million (Q4 2025) and -$35.9 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 17.74 Bn |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 828.54 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 2.58 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 582.30 Mn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 464.10 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 458.40 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 1.31 Bn |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 2.98 Bn |
| 10 | So-Young International | 41.47 Mn | -434.09 Mn | 32.84 Mn | -39.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -39.28 Mn |
| Mar 31, 2026 | -34.75 Mn |
| Dec 31, 2025 | -46.86 Mn |
| Sep 30, 2025 | -35.90 Mn |
| Jun 30, 2025 | -33.68 Mn |
| Mar 31, 2025 | -26.08 Mn |
| Dec 31, 2024 | -111.69 Mn |
| Sep 30, 2024 | -32.06 Mn |
| Jun 30, 2024 | -33.80 Mn |
| Mar 31, 2024 | -32.94 Mn |
| Dec 31, 2023 | -36.32 Mn |
| Sep 30, 2023 | -33.54 Mn |
| Jun 30, 2023 | -38.95 Mn |
| Mar 31, 2023 | -33.46 Mn |
| Dec 31, 2022 | -30.82 Mn |
| Sep 30, 2022 | -33.26 Mn |
| Jun 30, 2022 | -36.82 Mn |
| Mar 31, 2022 | -42.83 Mn |
| Dec 31, 2021 | -58.36 Mn |
| Sep 30, 2021 | -50.06 Mn |
API Access
So-Young International Operating Expenses 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=operating-expenses&ticker=SY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=SY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();