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| Date | Value |
|---|---|
| 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 |