111 (YI) Gross Margin (2017 - 2025)
111 (YI) posted Gross Margin of 5.85% for Q4 2025, down 1.45% sequentially from 5.93% in Q3 2025, and up 58.0% YoY from 3.7% in Q4 2024.
111 (YI) Gross Margin (2017 - 2025) Analysis & Trends
111 has reported Gross Margin for 9 years, with the latest figure at 5.85% in Q4 2025.
- Quarterly Gross Margin rose 58.0% year-over-year to 5.85% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 5.75% (down 1.0% YoY) and the FY2025 annual result came in at 5.61%, down 15.0% from the prior year.
- Gross Margin fell to 5.85% in Q4 2025 per YI's latest filing, from 5.93% in the prior quarter.
- Over five years, Gross Margin peaked at 6.45% in Q1 2022 and troughed at 4.45% in Q2 2021.
- A 5-year average of 5.68% and a median of 5.88% in 2024 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 200 bps in 2021, down 105 bps in 2021.
- Over 5 years, Gross Margin stood at 5.91% in 2021, then advanced by 3 bps to 6.11% in 2022, then retreated by 15 bps to 5.21% in 2023, then climbed by 1 bps to 5.26% in 2024, then advanced by 11 bps to 5.85% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 5.85%, 5.93%, and 5.73% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 101.96 Bn | 96.80 Bn | 3.69 Bn | 3.50% |
| 2 | Cencora | 61.51 Bn | 58.69 Bn | 3.61 Bn | 4.26% |
| 3 | Cardinal Health | 54.44 Bn | 49.58 Bn | 2.56 Bn | 4.02% |
| 4 | Henry Schein | 10.05 Bn | 9.89 Bn | 1.10 Bn | 31.84% |
| 5 | Akso Health | 820.26 Mn | 820.04 Mn | - | - |
| 6 | Edap Tms | 157.62 Mn | 136.08 Mn | 7.34 Mn | 55.58% |
| 7 | Accendra Health | 96.64 Mn | 88.98 Mn | 263.41 Mn | 42.95% |
| 8 | 111 | 30.87 Mn | 109.39 Mn | 18.18 Mn | 5.31% |
| 9 | Cosmos Health | 13.39 Mn | 10.94 Mn | 1.51 Mn | 7.96% |
| 10 | VitaNova Life Sciences | 11.51 Mn | 9.91 Mn | 264,662.00 | 14.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.85% |
| Sep 30, 2025 | 5.93% |
| Jun 30, 2025 | 5.73% |
| Mar 31, 2025 | 5.52% |
| Dec 31, 2024 | 5.26% |
| Sep 30, 2024 | 5.85% |
| Jun 30, 2024 | 6.06% |
| Mar 31, 2024 | 5.91% |
| Dec 31, 2023 | 5.21% |
| Sep 30, 2023 | 5.20% |
| Jun 30, 2023 | 5.98% |
| Mar 31, 2023 | 6.39% |
| Dec 31, 2022 | 6.11% |
| Sep 30, 2022 | 6.03% |
| Jun 30, 2022 | 6.32% |
| Mar 31, 2022 | 6.45% |
| Dec 31, 2021 | 5.91% |
| Sep 30, 2021 | 4.96% |
| Jun 30, 2021 | 4.45% |
| Mar 31, 2021 | 4.51% |