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

So-Young International's (SY) quarterly Operating Leases came in at $26.4 million in Q1 2026, up 41.36% year-on-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.

  • On a quarterly basis, Operating Leases rose 41.36% year-over-year to $26.4 million in Q1 2026; TTM through Mar 2026 was $26.4 million, a 41.36% increase from a year earlier, with the FY2025 full-year figure at $26.2 million, up 52.87% from the prior year.
  • Operating Leases climbed to $26.4 million in Q1 2026 per SY's latest filing, from $25.9 million in the prior quarter.
  • Across five years, Operating Leases topped out at $8.3 billion in Q1 2022 and bottomed 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.
  • Across the five-year window, Operating Leases surged 62261.62% in 2022 and sank 85.58% in 2023, its largest moves.
  • Year by year, Operating Leases stood at $2.9 million in 2022, then surged by 306.05% to $12.0 million in 2023, then jumped by 45.57% to $17.4 million in 2024, then jumped by 48.33% to $25.9 million in 2025, then rose by 2.22% to $26.4 million in 2026.
  • Per Business Quant, the three latest SY Operating Leases figures stand at $26.4 million (Q1 2026), $25.9 million (Q4 2025), and $22.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Veeva Systems 31.74 Bn 24.42 Bn 662.02 Mn
2 BrightSpring Health Services 14.63 Bn 13.73 Bn 482.22 Mn
3 Healthequity 8.31 Bn 8.05 Bn 256.31 Mn
4 Hinge Health 5.95 Bn 5.64 Bn 154.23 Mn
5 10x Genomics 5.79 Bn 5.26 Bn 106.18 Mn
6 MiniMed 4.52 Bn 4.22 Bn 480.00 Mn
7 Waystar Holding 4.46 Bn 4.40 Bn 216.84 Mn
8 Doximity 3.96 Bn 3.22 Bn 125.97 Mn
9 Privia Health 3.17 Bn 2.75 Bn -
10 So-Young International 165.44 Mn 50.31 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