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flag So-Young International saw revenue rise in Q3 2025 but posted a net loss despite growth in treatments and users.

flag So-Young International reported third-quarter 2025 revenue of RMB386.7 million ($54.3 million), up from RMB371.8 million in 2024, driven by a surge in aesthetic treatment services to RMB183.6 million, far exceeding prior guidance. flag Despite strong revenue and user growth—verified treatment visits rose to 89,800 and active users surpassed 130,000—the company posted a net loss of RMB64.3 million ($9.0 million), compared to a net income of RMB20.3 million a year earlier. flag Core members, who made up 88% of treatment revenue, grew 40% sequentially. flag The company operated 39 branded centers across ten Chinese cities, with 20 profitable and 29 generating positive operating cash flow.

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