# So-Young International Inc.: overview

SY · Nasdaq · CIK 1758530 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/sy.md) · [Financials](/companies/sy/financials.md) · [Filings](/companies/sy/filings.md) · [Insiders](/companies/sy/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

Not reported.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [266](/filings/0001104659-22-054013.md) | [182](/filings/0001104659-23-049253.md) | [211](/filings/0001104659-24-051493.md) | [201](/filings/0001410578-25-000800.md) | [218](/filings/0001104659-26-047129.md) |
| Gross margin | % | [80.6%](/filings/0001104659-22-054013.md) | [68.7%](/filings/0001104659-23-049253.md) | [63.7%](/filings/0001104659-24-051493.md) | [61.3%](/filings/0001410578-25-000800.md) | [47.8%](/filings/0001104659-26-047129.md) |
| Operating margin | % | [(1.9%)](/filings/0001104659-22-054013.md) | [(8.2%)](/filings/0001104659-23-049253.md) | [(4.1%)](/filings/0001104659-24-051493.md) | [(42.6%)](/filings/0001410578-25-000800.md) | [(18.8%)](/filings/0001104659-26-047129.md) |
| Net margin | % | [(0.5%)](/filings/0001104659-22-054013.md) | [(5.2%)](/filings/0001104659-23-049253.md) | [1.4%](/filings/0001104659-24-051493.md) | [(40.2%)](/filings/0001410578-25-000800.md) | [(15.9%)](/filings/0001104659-26-047129.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | [6.2](/filings/0001104659-22-054013.md) | [(18.6)](/filings/0001104659-23-049253.md) | [(4.0)](/filings/0001104659-24-051493.md) | [(12.1)](/filings/0001410578-25-000800.md) | [(43.2)](/filings/0001104659-26-047129.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/sy/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [TB Alternative Assets Ltd.](/funds/1483503.md) | 2026-06-30 | $4.5m | 3,067,873 |  | Unchanged |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $1.8m | 1,231,737 |  | Reduced −115,397 |
| [BARCLAYS PLC](/funds/312069.md) | 2026-06-30 | $1.7m | 1,129,166 |  | Unchanged |
| [CITIGROUP INC](/funds/831001.md) | 2026-06-30 | $1.5m | 1,035,309 |  | Unchanged |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $660.9k | 446,553 |  | Added +250,408 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $578.6k | 390,951 |  | Reduced −254,932 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $335.5k | 226,670 |  | Reduced −6,866 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $165.8k | 112,001 |  | Added +96,131 |
| [NOMURA HOLDINGS INC](/funds/1163653.md) | 2026-06-30 | $158.7k | 107,200 |  | Unchanged |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $145.8k | 98,500 | Put | Reduced −258,100 |

## Recent filings

[All 145 filings](/companies/sy/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-31 | 07:27 ET | [6-K](/filings/0001104659-26-103555.md) | Report of a foreign private issuer, period 2026-08-31 | 0001104659-26-103555 |
| 2026-08-04 | 17:15 ET | [6-K](/filings/0001104659-26-090491.md) | Report of a foreign private issuer, period 2026-08-04 | 0001104659-26-090491 |
| 2026-05-22 | 06:03 ET | [6-K](/filings/0001104659-26-065372.md) | Report of a foreign private issuer, period 2026-05-22 | 0001104659-26-065372 |
| 2026-04-23 | 06:20 ET | [20-F](/filings/0001104659-26-047129.md) | Annual report of a foreign private issuer, period 2025-12-31 | 0001104659-26-047129 |
| 2026-03-25 | 06:05 ET | [6-K](/filings/0001104659-26-034066.md) | Report of a foreign private issuer, period 2026-03-25 | 0001104659-26-034066 |
| 2026-02-13 | 06:24 ET | [6-K](/filings/0001104659-26-014641.md) | Report of a foreign private issuer, period 2026-02-13 | 0001104659-26-014641 |
| 2025-12-31 | 06:05 ET | [6-K](/filings/0001104659-25-125375.md) | Report of a foreign private issuer, period 2025-12-31 | 0001104659-25-125375 |
| 2025-11-17 | 06:17 ET | [6-K](/filings/0001104659-25-112903.md) | Report of a foreign private issuer, period 2025-11-17 | 0001104659-25-112903 |
| 2025-08-15 | 07:25 ET | [6-K](/filings/0001104659-25-079005.md) | Report of a foreign private issuer, period 2025-08-15 | 0001104659-25-079005 |
| 2025-07-03 | 06:08 ET | [6-K](/filings/0001104659-25-065526.md) | Report of a foreign private issuer, period 2025-07-03 | 0001104659-25-065526 |

## Latest annual report

[Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-047129.md), filed Apr 23, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1758530
- Tickers: SY
- Exchange: Nasdaq
- SIC code: 7374 Services-Computer Processing & Data Preparation
- State of incorporation: E9
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:47 ET. No prices; not investment advice.
