So-young International Q2 2026 Earnings Report: Chain Business Revenue Surges 130% YoY; Group Quarterly Revenue Hits All-Time High

On August 31, So-young International released its financial results for the second quarter of 2026. During the reporting period, the Group achieved total revenue of RMB 510 million, a 33% year-on-year increase, marking a record high for quarterly revenue. The core light medical aesthetics chain business maintained strong growth, with simultaneous leaps in operational efficiency and profitability.

Driven by continued efforts to deepen user value, the scale of So-young Youth Clinics has seen rapid growth for ten consecutive quarters this quarter. As of the end of June, the clinic network covered 18 cities nationwide, with a total of 65 stores. Active users exceeded 250,000, and core members surpassed 78,000. Through the optimization of standardized, refined, and digitalized operational systems and supply chain collaboration, store efficiency has continuously improved, steadily releasing economies of scale. In the second quarter, 51 stores achieved positive cash flow, and 47 stores achieved store-level profitability. The gross margin of the chain business rose by 3.8 percentage points year-on-year to 28.1%.

Looking ahead, the Company will continue to uphold the principles of transparency, standardization, and inclusiveness, solidifying the foundation for high-quality growth in its chain business. It aims to build a premium medical service system and a barrier of consumer trust, injecting momentum into the sustainable development of the industry.

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