So-Young International Inc. SY
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $217.84M, +8.4% YoY · Filed Apr 23, 2026
So-Young International Inc. (SY) files with the SEC under industry code 7374, Services-Computer Processing & Data Preparation. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $217.8 million and a net loss of $34.6 million. Free cash flow was -$43.2 million. As of Dec 31, 2025 it held $99.1 million in cash and investments and $42.9 million in total debt.
Revenue
$217.84M
+8.4% vs prior year
Net income
$-34.65M
+57.1% vs prior year
Operating cash flow
$-15.07M
-329.4% vs prior year
Free cash flow
$-43.19M
-257.5% vs prior year
EPS
—
Dividend per share
None
Shares outstanding
70.21M
Net cash
$56.23M
FY 2025
Operating margin
-18.8%
FY 2025
Company profile
- Industry
- Services-Computer Processing & Data Preparation (SIC 7374)
- Listed as
- SY (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Beijing
- SEC filer status
- Accelerated filer
- SEC CIK
- 1758530
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Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $217.8M | $200.9M | $211.0M | $182.4M | $265.6M |
| Operating income | -$40.9M | -$85.6M | -$8.6M | -$14.9M | -$5.1M |
| Net income | -$34.6M | -$80.8M | $3.0M | -$9.5M | -$1.3M |
| Operating cash flow | -$15.1M | -$3.5M | $3.2M | -$16.4M | $13.2M |
| Free cash flow | -$43.2M | -$12.1M | -$4.0M | -$18.6M | $6.2M |
| Total assets | $378.9M | $374.7M | $452.8M | $463.6M | $522.6M |
| Total liabilities | $140.3M | $106.4M | $92.0M | $85.5M | $127.6M |
| Stockholders' equity | $222.1M | $252.0M | $344.2M | $362.2M | $383.9M |
| Cash and investments | $99.1M | $118.9M | $96.8M | $133.7M | $248.6M |
| Total debt | $42.9M | $32.9M | $20.5M | $10.3M | $16.6M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Aug 31, 2026 | Aug 31, 2026 |
| 6-K | Current report (foreign issuer) | Aug 4, 2026 | Aug 4, 2026 |
| 6-K | Current report (foreign issuer) | May 22, 2026 | May 22, 2026 |
| 20-F | Annual report (foreign issuer) | Apr 23, 2026 | Dec 31, 2025 |
| 6-K | Current report (foreign issuer) | Mar 25, 2026 | Mar 25, 2026 |
| 6-K | Current report (foreign issuer) | Feb 13, 2026 | Feb 13, 2026 |
All 145 So-Young International Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.