So-Young International

So-Young International (SY) Q2 2025 Earnings

Reported Aug 14, 2025 at 8:00 PM ET · SEC Source

Q2 25 EPS

$-0.05

BEAT +53.49%

Est. $-0.11

Q2 25 Revenue

$52.9M

MISS 85.40%

Est. $362.2M

vs S&P Since Q2 25

-84.3%

TRAILING MARKET

SY -69.3% vs S&P +15.0%

Market Reaction

Did SY Beat Earnings? Q2 2025 Results

Revenue was $52.87 million, below the $373.09 million consensus estimate. EPS was -$0.05, in line with the -$0.11 estimate. So-Young International Inc. Reported a net loss of $5.03 million for Q2 2025, compared to a net income of $18.94 million in Q2… Read more Revenue was $52.87 million, below the $373.09 million consensus estimate. EPS was -$0.05, in line with the -$0.11 estimate. So-Young International Inc. Reported a net loss of $5.03 million for Q2 2025, compared to a net income of $18.94 million in Q2 2024. The company experienced a 7% decline in total revenues year-over-year, primarily due to a decrease in the number of medical service providers subscribing to its platform. However, revenues from aesthetic treatment services increased significantly by 426.1% to $20.16 million, driven by the expansion of branded aesthetic centers. The company continues to focus on scaling its aesthetic center network and aims to operate 50 centers by year-end. Operating expenses slightly decreased by 1.8% to $33.68 million, reflecting cost management efforts.

Key Takeaways

  • Expansion of branded aesthetic centers.
24/7 Wall St

SY YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

24/7 Wall St

SY Revenue by Segment

With YoY comparisons, source: SEC Filings

Q4 25 Q1 26

“During the second quarter, our branded aesthetic centers became the largest contributor to revenue for the first time, a significant milestone in our transformation strategy.”

— Xing Jin, Q2 2025 Earnings Press Release