So Young (SY.US) reported its third-quarter financial results, with revenue reaching $54.3 million, up 4.0% year-over-year, surpassing market expectations. The company posted a loss per share of $0.09.

Revenue from aesthetic treatment services surged 304.6% YoY to RMB 183.6 million ($25.8 million), exceeding guidance. Verified treatment visits at branded aesthetic centers exceeded 89,800 in Q3, compared to approximately 23,600 in the same period last year. Verified aesthetic treatments surpassed 194,700, up from about 49,100 a year earlier.

Over the 12 months ending September 30, 2025, active users visiting branded aesthetic centers exceeded 130,000, compared to around 30,300 in the prior-year period. Core users increased by over 10,000 this quarter, achieving 40% sequential growth. These core members contributed 88% of aesthetic service revenue, with a quarterly repurchase rate of approximately 70%.

As of September 30, 2025, cash and cash equivalents, restricted cash, time deposits, and short-term investments totaled RMB 942.8 million (~$132.4 million), down from RMB 1.2532 billion as of December 31, 2024, primarily due to increased investment in branded aesthetic centers.

Looking ahead, for Q4 2025, So Young expects revenue from aesthetic services to range between RMB 216 million (~$30.3 million) and RMB 226 million (~$31.7 million), representing year-over-year growth of 165.8% to 178.1%.