So-Young International Inc. reported total revenues of RMB386.7 million (US$54.3 million) for the third quarter of 2025, up from RMB371.8 million in the same period of 2024. Aesthetic treatment services revenues were RMB183.6 million (US$25.8 million), compared to RMB45.4 million a year earlier. The company reported a net loss attributable to So-Young International Inc. of RMB64.3 million (US$9.0 million), compared to net income of RMB20.3 million in the third quarter of 2024. Non-GAAP net loss was RMB61.6 million (US$8.7 million), compared to non-GAAP net income of RMB22.2 million last year. The number of verified treatment visits to branded aesthetic centers reached over 89,800, up from approximately 23,600 in the same period of 2024. Verified aesthetic treatments performed totaled over 194,700, compared to around 49,100 a year earlier. Active users exceeded 130,000, up from about 30,300 in the previous year. The company operated 39 branded aesthetic centers as of September 30, 2025, with 20 centers achieving profitability in the quarter and 29 generating positive quarterly operating cash flow.