111 (YI) Operating Expenses (2017 - 2025)

111 has disclosed Operating Expenses across 9 years of filings, most recently posting -$403.3 million for Q4 2025.

• Operating Expenses for Q4 2025 came in at -$403.3 million, up 23.63% year-over-year; the trailing twelve-month figure through Dec 2025 was -$1.8 billion (up 12.04% YoY), and the FY2025 annual result was $1.8 billion, down 8.96% from the prior year.
• Operating Expenses came in at -$403.3 million for Q4 2025 at 111, up from -$421.8 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of -$403.3 million in Q4 2025 to a low of -$617.2 million in Q4 2022.
• The 5-year median for Operating Expenses is -$487.4 million (2022), against an average of -$499.2 million.
• Across the five-year window, Operating Expenses slumped 105.05% in 2021 and rose 23.63% in 2025, its largest moves.
• 111's Operating Expenses stood at -$559.5 million in 2021, then slipped by 10.3% to -$617.2 million in 2022, then climbed by 1.52% to -$607.8 million in 2023, then grew by 13.1% to -$528.1 million in 2024, then gained by 23.63% to -$403.3 million in 2025.
• The last three Operating Expenses figures came in at -$403.3 million (Q4 2025), -$421.8 million (Q3 2025), and -$447.5 million (Q2 2025), per Business Quant data.