111 (YI) Cost of Revenue (2017 - 2026)
111 (YI) reported Cost of Revenue of $319.5 million for Q2 2026, down 24.2% from $421.63 million a year earlier and down 1.4% from the prior quarter.
111 (YI) Cost of Revenue (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, 111's Cost of Revenue came in at $1.42 billion, down 23.8% year-over-year; for FY2025, it was $1.69 billion, down 9.0% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of 7.1% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $1.86 billion in FY2024 (-6.4%), $1.99 billion in FY2023 (+8.0%), $1.84 billion in FY2022 (-0.8%) and $1.85 billion in FY2021 (+54.2%).
- The Q2 2026 figure ranks as the lowest quarterly Cost of Revenue since Q2 2020.
- Year over year, Cost of Revenue has now declined in each of the last seven quarters, with an average decline of 13.5% over the last eight quarters.
- The high point for year-over-year Cost of Revenue in five years was Q3 2021 (growth of 47.4%); the low point was Q1 2026 (a decline of 29.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $324.1 million (Q1 2026), $379.7 million (Q4 2025) and $396.51 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 336.54 Bn | 221.18 Bn | 36.67 Bn | 75.36 Bn |
| 2 | Cvs Health | 110.50 Bn | 63.10 Bn | 47.23 Bn | 58.86 Bn |
| 3 | Mckesson | 105.27 Bn | 91.73 Bn | 3.69 Bn | 101.70 Bn |
| 4 | Elevance Health | 83.85 Bn | -57.90 Bn | 13.45 Bn | 37.02 Bn |
| 5 | Cigna | 71.48 Bn | 41.02 Bn | 14.97 Bn | 56.70 Bn |
| 6 | Cencora | 58.97 Bn | 48.06 Bn | 3.61 Bn | 81.15 Bn |
| 7 | Cardinal Health | 53.10 Bn | 37.10 Bn | 2.56 Bn | 61.11 Bn |
| 8 | Humana | 46.62 Bn | -41.18 Bn | 5.50 Bn | 35.37 Bn |
| 9 | Centene | 31.12 Bn | -59.17 Bn | 14.55 Bn | 39.03 Bn |
| 10 | 111 | 27.93 Mn | -84.17 Mn | 19.43 Mn | 319.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 319.50 Mn |
| Mar 31, 2026 | 324.10 Mn |
| Dec 31, 2025 | 379.70 Mn |
| Sep 30, 2025 | 396.51 Mn |
| Jun 30, 2025 | 421.63 Mn |
| Mar 31, 2025 | 459.46 Mn |
| Dec 31, 2024 | 499.40 Mn |
| Sep 30, 2024 | 483.08 Mn |
| Jun 30, 2024 | 442.64 Mn |
| Mar 31, 2024 | 459.80 Mn |
| Dec 31, 2023 | 548.51 Mn |
| Sep 30, 2023 | 476.24 Mn |
| Jun 30, 2023 | 450.90 Mn |
| Mar 31, 2023 | 503.90 Mn |
| Dec 31, 2022 | 564.69 Mn |
| Sep 30, 2022 | 442.36 Mn |
| Jun 30, 2022 | 424.77 Mn |
| Mar 31, 2022 | 440.12 Mn |
| Dec 31, 2021 | 510.96 Mn |
| Sep 30, 2021 | 493.55 Mn |
111 Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=YI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "YI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=YI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();