Growth Metrics

So-Young International (SY) Research & Development (2019 - 2025)

Historic Research & Development for So-Young International (SY) over the last 7 years, with Q3 2025 value amounting to -$36.3 million.

  • So-Young International's Research & Development rose 962.97% to -$36.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$115.5 million, marking a year-over-year increase of 1155.11%. This contributed to the annual value of $22.6 million for FY2024, which is 11110.88% up from last year.
  • So-Young International's Research & Development amounted to -$36.3 million in Q3 2025, which was up 962.97% from -$4.4 million recorded in Q2 2025.
  • So-Young International's Research & Development's 5-year high stood at -$4.4 million during Q2 2025, with a 5-year trough of -$77.1 million in Q3 2021.
  • Moreover, its 5-year median value for Research & Development was -$41.1 million (2022), whereas its average is -$39.8 million.
  • In the last 5 years, So-Young International's Research & Development skyrocketed by 9052.04% in 2022 and then tumbled by 59216.14% in 2023.
  • Quarter analysis of 5 years shows So-Young International's Research & Development stood at -$67.5 million in 2021, then surged by 39.18% to -$41.1 million in 2022, then fell by 9.56% to -$45.0 million in 2023, then rose by 4.98% to -$42.8 million in 2024, then grew by 15.05% to -$36.3 million in 2025.
  • Its last three reported values are -$36.3 million in Q3 2025, -$4.4 million for Q2 2025, and -$32.1 million during Q1 2025.