111 (YI) Operating Expenses (2017 - 2025)
111 (YI) posted Operating Expenses of -$403.3 million for Q4 2025, up 4.39% sequentially from -$421.8 million in Q3 2025, and up 23.63% YoY from -$326.2 million in Q4 2024.
111 (YI) Operating Expenses (2017 - 2025) Analysis & Trends
111 has reported Operating Expenses for 9 years, with the latest figure at -$403.3 million in Q4 2025.
- Quarterly Operating Expenses rose 23.63% year-over-year to -$403.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$1.8 billion (up 12.04% YoY) and the FY2025 annual result came in at $1.8 billion, down 8.96% from the prior year.
- Operating Expenses improved to -$403.3 million in Q4 2025 per YI's latest filing, from -$421.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at -$403.3 million in Q4 2025 and troughed at -$617.2 million in Q4 2022.
- A 5-year average of -$499.2 million and a median of -$487.4 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2021 and 2025: Operating Expenses slumped 105.05% in 2021, then advanced 23.63% in 2025.
- Over 5 years, Operating Expenses stood at -$559.5 million in 2021, then declined by 10.3% to -$617.2 million in 2022, then increased by 1.52% to -$607.8 million in 2023, then rose by 13.1% to -$528.1 million in 2024, then climbed by 23.63% to -$403.3 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered -$403.3 million, -$421.8 million, and -$447.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 100.02 Bn | 94.85 Bn | 3.69 Bn | 2.37 Bn |
| 2 | Cencora | 60.88 Bn | 58.06 Bn | 3.61 Bn | 2.28 Bn |
| 3 | Cardinal Health | 54.14 Bn | 49.29 Bn | 2.56 Bn | 1.67 Bn |
| 4 | Henry Schein | 10.05 Bn | 9.90 Bn | 1.10 Bn | 563.00 Mn |
| 5 | Akso Health | 737.16 Mn | 736.96 Mn | - | - |
| 6 | Edap Tms | 159.12 Mn | 137.58 Mn | 7.34 Mn | 13.05 Mn |
| 7 | Accendra Health | 100.85 Mn | 93.20 Mn | 263.41 Mn | 648.38 Mn |
| 8 | 111 | 32.10 Mn | -26.65 Mn | 18.18 Mn | -345.25 Mn |
| 9 | Cosmos Health | 12.73 Mn | 10.29 Mn | 1.51 Mn | 4.44 Mn |
| 10 | VitaNova Life Sciences | 11.51 Mn | 9.91 Mn | 264,662.00 | 374,522.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -403.32 Mn |
| Sep 30, 2025 | -421.84 Mn |
| Jun 30, 2025 | -447.49 Mn |
| Mar 31, 2025 | -486.33 Mn |
| Dec 31, 2024 | -528.15 Mn |
| Sep 30, 2024 | -512.76 Mn |
| Jun 30, 2024 | -470.75 Mn |
| Mar 31, 2024 | -488.17 Mn |
| Dec 31, 2023 | -607.78 Mn |
| Sep 30, 2023 | -513.39 Mn |
| Jun 30, 2023 | -485.28 Mn |
| Mar 31, 2023 | -541.45 Mn |
| Dec 31, 2022 | -617.16 Mn |
| Sep 30, 2022 | -482.10 Mn |
| Jun 30, 2022 | -465.34 Mn |
| Mar 31, 2022 | -486.61 Mn |
| Dec 31, 2021 | -559.51 Mn |
| Sep 30, 2021 | -546.54 Mn |
| Jun 30, 2021 | -497.61 Mn |
| Mar 31, 2021 | -422.48 Mn |