So-Young International (SY) Operating Income (2018 - 2026)

So-Young International's (SY) quarterly Operating Income came in at -$8.4 million in Q1 2026, down 40.3% year-on-year from -$14.1 million in Q1 2025, and up 52.26% quarter-over-quarter from -$17.6 million in Q4 2025.

So-Young International (SY) Operating Income (2018 - 2026) Analysis & Trends

So-Young International's Operating Income history runs 9 years deep, the most recent figure standing at -$8.4 million for Q1 2026.

  • On a quarterly basis, Operating Income fell 40.3% year-over-year to -$8.4 million in Q1 2026; TTM through Mar 2026 was -$42.8 million, a 50.54% increase from a year earlier, with the FY2025 full-year figure at -$40.9 million, up 52.17% from the prior year.
  • Operating Income improved to -$8.4 million in Q1 2026 per SY's latest filing, from -$17.6 million in the prior quarter.
  • Across five years, Operating Income topped out at $3.5 million in Q4 2022 and bottomed at -$82.1 million in Q4 2024.
  • The 5-year median for Operating Income is -$5.1 million (2024), against an average of -$9.4 million.
  • Biggest YoY gain for Operating Income was 343.96% in 2024; the steepest drop was 11777.13% in 2024.
  • Year by year, Operating Income stood at $3.5 million in 2022, then tumbled by 119.57% to -$691000.0 in 2023, then tumbled by 11777.13% to -$82.1 million in 2024, then surged by 78.58% to -$17.6 million in 2025, then soared by 52.26% to -$8.4 million in 2026.
  • Per Business Quant, the three latest SY Operating Income figures stand at -$8.4 million (Q1 2026), -$17.6 million (Q4 2025), and -$10.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 273.11 Mn
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 121.45 Mn
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 102.95 Mn
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn -17.05 Mn
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 32.07 Mn
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn -93.00 Mn
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 80.47 Mn
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 24.83 Mn
9 Privia Health 3.10 Bn 2.73 Bn - 7.42 Mn
10 So-Young International 149.13 Mn 34.00 Mn 26.35 Mn -8.39 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -8.39 Mn
Dec 31, 2025 -17.58 Mn
Sep 30, 2025 -10.21 Mn
Jun 30, 2025 -6.58 Mn
Mar 31, 2025 -5.98 Mn
Dec 31, 2024 -82.07 Mn
Sep 30, 2024 666,000.00
Jun 30, 2024 926,000.00
Mar 31, 2024 -5.10 Mn
Dec 31, 2023 -691,000.00
Sep 30, 2023 -273,000.00
Jun 30, 2023 -2.86 Mn
Mar 31, 2023 -4.87 Mn
Dec 31, 2022 3.53 Mn
Sep 30, 2022 -1.03 Mn
Jun 30, 2022 -6.27 Mn
Mar 31, 2022 -12.27 Mn
Dec 31, 2021 -7.76 Mn
Sep 30, 2021 2.99 Mn
Jun 30, 2021 8.93 Mn