Financials in USD. Standardized financial statements.
A compact view of how So-Young International Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.48B | $1.47B | $1.50B | $1.26B | $1.69B | $1.29B | $1.15B | $617.23M | $259.31M | $49.09M |
| Revenue Growth? | +1.0% | -2.1% | +19.1% | -25.7% | +30.7% | +12.4% | +86.6% | +138.0% | +428.2% | 0.0% |
| Cost of Revenue? | $774.04M | $567.59M | $544.34M | $393.29M | $327.89M | $212.21M | $198.63M | $91.56M | $44.80M | $25.19M |
| Gross Profit? | $707.86M | $899.11M | $953.69M | $864.58M | $1.36B | $1.08B | $953.01M | $525.66M | $214.51M | $23.90M |
| Gross Margin? | +47.8% | +61.3% | +63.7% | +68.7% | +80.6% | +83.6% | +82.8% | +85.2% | +82.7% | +48.7% |
| Operating Expenses? | $967.07M | $1.52B | $1.01B | $967.39M | $1.40B | $1.14B | $807.83M | $476.53M | $189.74M | $98.18M |
| Operating Income? | -$259.21M | -$624.49M | -$61.05M | -$102.81M | -$32.57M | -$56.69M | $145.18M | $49.13M | $24.76M | -$74.28M |
| EBITDA? | -$259.21M | -$38.39M | -$14.96M | -$55.72M | $63.39M | -$42.61M | $151.30M | $50.80M | $25.38M | -$73.72M |
| Income Before Tax | -$239.40M | -$588.09M | $7.87M | -$87.07M | -$16.41M | $93,000 | $226.46M | $58.25M | $13.22M | -$81.04M |
| Income Tax Expense | -$774,311 | -$905,000 | -$18.07M | -$20.96M | $21.23M | -$4.78M | $49.73M | $3.17M | -$3.98M | -$100,000 |
| Net Income? | -$235.70M | -$589.53M | $21.28M | -$65.55M | -$8.37M | $5.81M | $176.72M | $55.08M | $17.20M | -$81.04M |
| EPS? | $-1.78 | $-4.40 | $0.16 | $-0.48 | $-0.06 | $0.04 | $1.76 | $1.33 | $-0.25 | $-1.78 |
| Diluted EPS? | $-1.78 | $-4.39 | $0.16 | $-0.48 | $-0.06 | $0.04 | $1.65 | $1.33 | $-0.25 | $-1.78 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality