111 (YI) Cost of Revenue (2017 - 2025)

111 has disclosed Cost of Revenue across 9 years of filings, most recently posting $379.7 million for Q4 2025.

• Cost of Revenue for Q4 2025 came in at $379.7 million, down 23.97% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.7 billion (down 12.08% YoY), and the FY2025 annual result was $1.7 billion, down 9.0% from the prior year.
• Cost of Revenue came in at $379.7 million for Q4 2025 at 111, down from $396.5 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $564.7 million in Q4 2022 to a low of $18.7 million in Q1 2021.
• The 5-year median for Cost of Revenue is $455.2 million (2023), against an average of $443.1 million.
• Peak annual rise in Cost of Revenue reached 3114.28% in 2021, while the deepest fall reached 91.11% in 2021.
• 111's Cost of Revenue stood at $509.3 million in 2021, then increased by 10.88% to $564.7 million in 2022, then slipped by 2.86% to $548.5 million in 2023, then slipped by 8.95% to $499.4 million in 2024, then retreated by 23.97% to $379.7 million in 2025.
• The last three Cost of Revenue figures came in at $379.7 million (Q4 2025), $396.5 million (Q3 2025), and $421.6 million (Q2 2025), per Business Quant data.