111 (YI) Operating Expenses (2017 - 2025)
111 (YI) reported Operating Expenses of -$403.3 million for Q4 2025, up 23.63% on a YoY basis from -$326.2 million in Q4 2024, and up 4.39% sequentially from -$421.8 million in Q3 2025.
111 (YI) Operating Expenses (2017 - 2025) Analysis & Trends
111 (YI) has 9 years of Operating Expenses data on file, last reported at -$403.3 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 23.63% year-over-year to -$403.3 million; the trailing twelve-month figure through Dec 2025 stood at -$1.8 billion (up 12.04% YoY), and the FY2025 full-year result was $1.8 billion, down 8.96% from the prior year.
- Operating Expenses improved to -$403.3 million in Q4 2025, 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.
- A 5-year average of -$499.2 million and a median of -$487.4 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses plunged 105.05% in 2021 and rose 23.63% in 2025, its largest moves.
- Tracing YI's Operating Expenses over 5 years: stood at -$559.5 million in 2021, then decreased by 10.3% to -$617.2 million in 2022, then advanced by 1.52% to -$607.8 million in 2023, then climbed by 13.1% to -$528.1 million in 2024, then rose by 23.63% to -$403.3 million in 2025.
- Business Quant data shows YI's Operating Expenses at -$403.3 million in Q4 2025, -$421.8 million in Q3 2025, and -$447.5 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 105.72 Bn | 101.75 Bn | 4.04 Bn | 1.89 Bn |
| 2 | Cencora | 60.96 Bn | 58.79 Bn | 3.59 Bn | 2.11 Bn |
| 3 | Cardinal Health | 53.93 Bn | 49.99 Bn | 2.50 Bn | 1.57 Bn |
| 4 | Henry Schein | 9.78 Bn | 9.65 Bn | 1.07 Bn | 73.00 Mn |
| 5 | Akso Health | 3.06 Bn | 3.06 Bn | - | - |
| 6 | 111 | 651.73 Mn | 572.63 Mn | 23.58 Mn | -403.32 Mn |
| 7 | Accendra Health | 247.26 Mn | -89.62 Mn | 278.03 Mn | 610.66 Mn |
| 8 | Edap Tms | 230.14 Mn | 215.14 Mn | 8.15 Mn | 8.39 Mn |
| 9 | VitaNova Life Sciences | 11.51 Mn | 11.01 Mn | 316,343.00 | 269,612.00 |
| 10 | Cosmos Health | 9.29 Mn | 7.13 Mn | 1.38 Mn | 3.57 Mn |
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 |