Quick Answer
So-Young International Inc. reported R&D Expense of $22.61 million for fiscal year 2024.
So-Young International Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $22.61M | -88.9% |
| 2023 | $203.52M | -13.4% |
| 2022 | $235.09M | -18.0% |
| 2021 | $286.57M | +25.0% |
| 2020 | $229.19M | +29.3% |
| 2019 | $177.27M | +87.1% |
| 2018 | $94.73M | +191.0% |
| 2017 | $32.56M | — |
- So-Young International Inc. showed a decrease of -88.9% in R&D Expense compared to the prior fiscal year.
- Over the 2017–2024 period, So-Young International Inc.’s r&d expense has declined by 30.6% (from $32.56 million to $22.61 million).
- The most recent figure is from So-Young International Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 18, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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