So-Young International (SY) Operating Income (2018 - 2026)
So-Young International (SY) posted quarterly Operating Income of -$8.4 million for Q1 2026, down 40.3% year-over-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.
- 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 for Q1 2026 stood at -$8.4 million, up from -$17.6 million in the prior quarter.
- The five-year high for Operating Income was $3.5 million in Q4 2022, with the low 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.
- Peak annual rise in Operating Income reached 343.96% in 2024, while the deepest fall reached 11777.13% in 2024.
- So-Young International's Operating Income stood at $3.5 million in 2022, then plunged by 119.57% to -$691000.0 in 2023, then plunged by 11777.13% to -$82.1 million in 2024, then jumped by 78.58% to -$17.6 million in 2025, then surged by 52.26% to -$8.4 million in 2026.
- Business Quant data shows SY's Operating Income at -$8.4 million in Q1 2026, -$17.6 million in Q4 2025, and -$10.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 273.11 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 130.39 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 102.95 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -19.56 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 40.44 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -93.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 76.04 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 33.64 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -17.90 Mn |
| 10 | So-Young International | 37.66 Mn | -77.47 Mn | 26.35 Mn | -8.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |