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

So-Young International (SY) recorded quarterly Operating Income of -$8.4 million in Q1 2026, up 52.26% quarter-over-quarter from -$17.6 million in Q4 2025, and down 40.3% on a YoY basis from -$14.1 million in Q1 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.

  • In Q1 2026, Operating Income fell 40.3% year-over-year to -$8.4 million; the TTM figure through Mar 2026 stood at -$42.8 million (up 50.54% YoY), while the FY2025 annual figure was -$40.9 million, up 52.17% from the prior year.
  • Operating Income was -$8.4 million for Q1 2026 at So-Young International, up from -$17.6 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $3.5 million in Q4 2022 to a low of -$82.1 million in Q4 2024.
  • Historically, Operating Income has averaged -$9.4 million across 5 years, with a median of -$5.1 million in 2024.
  • Biggest YoY gain for Operating Income was 343.96% in 2024; the steepest drop was 11777.13% in 2024.
  • A 5-year view of Operating Income shows it stood at $3.5 million in 2022, then sank by 119.57% to -$691000.0 in 2023, then sank 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.
  • The last three Operating Income figures came in at -$8.4 million (Q1 2026), -$17.6 million (Q4 2025), and -$10.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 273.11 Mn
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 121.45 Mn
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 102.95 Mn
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 32.07 Mn
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn -17.05 Mn
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 24.83 Mn
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 80.47 Mn
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 7.42 Mn
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 16.85 Mn
10 So-Young International 28.43 Mn -78.18 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