So-Young released FY2025 Q2 earnings on August 15 Pre-Market (EST), actual revenue USD 52.81 M (forecast USD 50.51 M), actual EPS USD -0.0496

Brief Summary

So-Young reported Q2 2025 revenue of $52.81 million and EPS of -$0.0496, surpassing revenue expectations but posting a loss per share.

Impact of The News

So-Young’s Q2 2025 financial briefing highlights some mixed results. The company achieved actual revenue of $52.81 million, which is above the market expectation of $50.51 millionZhitong+ 2. However, the earnings per share (EPS) came in at -$0.0496, indicating a lossReuters. This follows a pattern of declining revenue, as the company reported a 7.0% year-over-year decrease in revenue to RMB 378.75 million (approximately $52.81 million) for the second quarter of 2025Zhitong+ 2. Furthermore, the company recorded a net loss of approximately RMB 36 million (around $5 million) compared to a net income of RMB 18.9 million in the same period last yearReuters.

The market reacted negatively to the report, with the stock price falling over 10% in pre-market tradingZhitong+ 2. The increased loss is attributed to the company’s continued investment in expanding its beauty treatment services and developing its own products, which resulted in higher costsReuters+ 2. The company did, however, see significant growth in its aesthetic treatment services, with revenue from this segment increasing by 426.1% year-over-year to RMB 144.4 millionReuters.

In terms of future outlook, So-Young has provided guidance for Q3 2025, expecting revenue from beauty treatment services to be between RMB 150 million and RMB 170 million, representing a year-over-year growth of 230.5% to 274.6%Zhitong+ 2. This suggests that while the company is currently experiencing financial losses, its strategic investments may yield positive results in the future by enhancing its service offerings and expanding its market presence.