So-Young Q2 Revenue Hits Record, Aesthetic Treatment Up 130%

Earnings
โดย GuruFocus·CN·Read original
Summary · why it matters

So-Young International reported record quarterly revenue of RMB505.2 million for Q2 2026, up 33% year over year, driven by its aesthetic treatment business, which surged approximately 130% to RMB331.4 million and exceeded the upper end of guidance for the sixth consecutive quarter. The company's net loss narrowed 37% to RMB22.7 million, while same-store sales growth improved to 52% from 14% a year earlier. So-Young expanded its clinic network to 65 centers across 18 cities, with 47 centers profitable and 51 generating positive operating cash flow. Management expects aesthetic treatment revenue of RMB352 million to RMB362 million in Q3 2026, implying growth of 91.7% to 97.2% year over year.

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