So-Young International (SY) Q3 2025 Earnings
Reported Nov 16, 2025 at 7:00 PM ET · SEC Source
Q3 25 EPS
$-0.12
BEAT +63.87%
Est. $-0.33
Q3 25 Revenue
$54.3M
MISS 85.95%
Est. $386.6M
vs S&P Since Q3 25
-70.6%
TRAILING MARKET
SY -59.5% vs S&P +11.2%
Market Reaction
Did SY Beat Earnings? Q3 2025 Results
Revenue was $54.32 million, below the $398.24 million consensus estimate. The company reported a non-GAAP net loss of $8.66 million, compared to a non-GAAP net income of $22.25 million in the same period last year. Total revenues increased by 4.0% ye… Read more Revenue was $54.32 million, below the $398.24 million consensus estimate. The company reported a non-GAAP net loss of $8.66 million, compared to a non-GAAP net income of $22.25 million in the same period last year. Total revenues increased by 4.0% year-over-year, driven by a significant rise in aesthetic treatment services, which surged 304.6% to $25.79 million. However, information and reservation services revenues declined by 34.5% to $16.47 million. The number of verified treatment visits increased significantly, reflecting strong operational performance. Despite the revenue growth, the company faced increased costs and operating expenses, leading to a net loss. The CEO emphasized the company's focus on expanding its network of aesthetic centers and improving operational efficiency.
Key Takeaways
- • Business expansion of branded aesthetic centers
SY YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
SY Revenue by Segment
With YoY comparisons, source: SEC Filings
“In the third quarter, our branded aesthetic centers continued to deliver strong, high-quality growth with aesthetic treatment services revenues once again exceeding our guidance range.”
— Xing Jin, Q3 2025 Earnings Press Release
SY Earnings Trends
SY vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SY EPS Trend
Earnings per share: estimate vs actual
SY Revenue Trend
Quarterly revenue: estimate vs actual
SY Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $-0.72 | $-0.07 | +90.33% | $62.7M | -84.89% |
| Q4 25 BEAT FY | $-0.68 | $-0.15 | +77.99% | $65.9M | -85.12% |
| FY Full Year | $-1.35 | $-0.34 | +74.73% | $217.8M | -85.61% |
| Q3 25 BEAT | $-0.33 | $-0.12 | +63.87% | $54.3M | -85.95% |
| Q2 25 BEAT | $-0.11 | $-0.05 | +53.49% | $52.9M | -85.40% |