VisionSys AI Inc VSA

Annual Quarterly

FY2025 · ended Dec 31, 2025 · Revenue $149,000, -99.9% YoY · Filed May 11, 2026

VisionSys AI Inc (VSA) files with the SEC under industry code 8200, Services-Educational Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $149,000 and net income of $245.8 million. Free cash flow was -$37.8 million.

Revenue
$149,000
-99.9% vs prior year
Net income
$245.80M
+919.3% vs prior year
Operating cash flow
$-26.90M
-61.6% vs prior year
Free cash flow
$-37.80M
-195.0% vs prior year
EPS
$1.05
+179.5% vs prior year
Dividend per share
None
Shares outstanding
54.56M
+4.0% vs prior year
Net cash
$-17.23M
FY 2024
Operating margin
-3836.9%
FY 2025

Company profile

Industry
Services-Educational Services (SIC 8200)
Listed as
VSA (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Cayman Islands
Headquarters
Yanjiao, Sanhe City
SEC filer status
Non-accelerated filer
SEC CIK
1592560
Former names
TCTM Kids IT Education Inc. (until Sep 19, 2025); Tarena International, Inc. (until Feb 20, 2024)

Other Services-Educational Services companies

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
$149,000
$160.4M
$193.7M
$357.8M
$374.5M
Operating income
-$5.7M
-$69.4M
$1.9M
$13.5M
-$57.9M
Net income
$245.8M
—
—
—
—
Diluted EPS
—
—
—
$1.05
-$1.32
Operating cash flow
-$26.9M
-$16.6M
-$16.8M
-$4.0M
$1.4M
Free cash flow
-$37.8M
—
—
—
—
Total assets
$15.2M
$13.8M
$143.4M
$193.9M
$257.6M
Total liabilities
$546,000
$260.9M
$354.9M
$412.4M
$507.5M
Stockholders' equity
$14.7M
-$247.0M
-$211.0M
-$217.5M
-$248.6M
Cash and investments
$7.9M
$9.7M
$45.3M
$58.3M
$7.3M
Total debt
—
$27.0M
$30.9M
$53.2M
$110.4M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
6-K Current report (foreign issuer) Jul 10, 2026 Jul 10, 2026
6-K Current report (foreign issuer) Jul 1, 2026 Jul 1, 2026
6-K Current report (foreign issuer) Jun 5, 2026 Jun 5, 2026
20-F Annual report (foreign issuer) May 11, 2026 Dec 31, 2025
6-K Current report (foreign issuer) Apr 21, 2026 Apr 20, 2026
6-K Current report (foreign issuer) Apr 2, 2026 Apr 2, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.