So-Young International (SY) Operating Leases (2019 - 2026)

So-Young International (SY) posted quarterly Operating Leases of $26.4 million for Q1 2026, up 41.36% year-over-year from $18.7 million in Q1 2025, and up 2.22% quarter-over-quarter from $25.9 million in Q4 2025.

So-Young International (SY) Operating Leases (2019 - 2026) Analysis & Trends

So-Young International's Operating Leases history runs 8 years deep, the most recent figure standing at $26.4 million for Q1 2026.

  • In Q1 2026, Operating Leases rose 41.36% year-over-year to $26.4 million; the TTM figure through Mar 2026 stood at $26.4 million (up 41.36% YoY), while the FY2025 annual figure was $26.2 million, up 52.87% from the prior year.
  • Operating Leases for Q1 2026 stood at $26.4 million, up from $25.9 million in the prior quarter.
  • The five-year high for Operating Leases was $8.3 billion in Q1 2022, with the low at $796000.0 in Q3 2023.
  • The 5-year median for Operating Leases is $16.6 million (2024), against an average of $530.4 million.
  • The sharpest annual moves came in 2022 and 2023: Operating Leases surged 62261.62% in 2022, then plunged 85.58% in 2023.
  • So-Young International's Operating Leases stood at $2.9 million in 2022, then jumped by 306.05% to $12.0 million in 2023, then soared by 45.57% to $17.4 million in 2024, then soared by 48.33% to $25.9 million in 2025, then increased by 2.22% to $26.4 million in 2026.
  • Business Quant data shows SY's Operating Leases at $26.4 million in Q1 2026, $25.9 million in Q4 2025, and $22.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Veeva Systems 39.72 Bn 32.40 Bn 662.02 Mn
2 BrightSpring Health Services 12.19 Bn 11.64 Bn 492.75 Mn
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn
4 10x Genomics 7.31 Bn 6.76 Bn 112.50 Mn
5 Hinge Health 7.10 Bn 6.71 Bn 183.95 Mn
6 MiniMed 5.66 Bn 5.36 Bn 480.00 Mn
7 Waystar Holding 4.76 Bn 4.56 Bn 221.99 Mn
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn
10 So-Young International 37.66 Mn -77.47 Mn 26.35 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 26.43 Mn
Dec 31, 2025 25.85 Mn
Sep 30, 2025 22.47 Mn
Jun 30, 2025 20.27 Mn
Mar 31, 2025 18.70 Mn
Dec 31, 2024 17.43 Mn
Sep 30, 2024 17.80 Mn
Jun 30, 2024 15.75 Mn
Mar 31, 2024 13.24 Mn
Dec 31, 2023 11.97 Mn
Sep 30, 2023 796,000.00
Jun 30, 2023 920,000.00
Dec 31, 2022 2.95 Mn
Sep 30, 2022 4.60 Mn
Jun 30, 2022 6.38 Mn
Mar 31, 2022 8.28 Bn
Dec 31, 2021 9.75 Mn
Sep 30, 2021 11.18 Mn
Jun 30, 2021 12.41 Mn
Mar 31, 2021 13.28 Mn