111 (YI) Research & Development (2017 - 2025)

111 (YI) reported Research & Development of -$9.0 million for Q4 2025, up 14.02% on a YoY basis from -$7.9 million in Q4 2024, and down 3.32% sequentially from -$8.7 million in Q3 2025.

111 (YI) Research & Development (2017 - 2025) Analysis & Trends

111 (YI) has 9 years of Research & Development data on file, last reported at -$9.0 million in Q4 2025.

  • For the quarter ending Q4 2025, Research & Development rose 14.02% year-over-year to -$9.0 million; the trailing twelve-month figure through Dec 2025 stood at -$36.3 million (up 16.85% YoY), and the FY2025 full-year result was $8.6 million, down 9.48% from the prior year.
  • Research & Development slipped to -$9.0 million in Q4 2025, from -$8.7 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of -$8.7 million in Q3 2025 to a low of -$24.4 million in Q4 2023.
  • A 5-year average of -$14.5 million and a median of -$13.0 million in 2023 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development tumbled 79.96% in 2021 and surged 57.3% in 2024, its largest moves.
  • Tracing YI's Research & Development over 5 years: stood at -$19.7 million in 2021, then gained by 1.18% to -$19.4 million in 2022, then declined by 25.74% to -$24.4 million in 2023, then surged by 57.3% to -$10.4 million in 2024, then increased by 14.02% to -$9.0 million in 2025.
  • Business Quant data shows YI's Research & Development at -$9.0 million in Q4 2025, -$8.7 million in Q3 2025, and -$9.2 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Mckesson 105.15 Bn 101.18 Bn 4.04 Bn -
2 Cencora 60.58 Bn 58.40 Bn 3.59 Bn -
3 Cardinal Health 53.81 Bn 49.87 Bn 2.50 Bn -
4 Henry Schein 9.71 Bn 9.57 Bn 1.07 Bn -
5 Akso Health 3.28 Bn 3.28 Bn - -
6 111 651.73 Mn 572.63 Mn 23.58 Mn -8.97 Mn
7 Accendra Health 248.02 Mn -88.86 Mn 278.03 Mn -
8 Edap Tms 230.14 Mn 215.14 Mn 8.15 Mn 2.60 Mn
9 VitaNova Life Sciences 11.51 Mn 11.01 Mn 316,343.00 -
10 Cosmos Health 9.57 Mn 7.41 Mn 1.38 Mn 19,352.00

Historic Data

Download Data
DateValue
Dec 31, 2025 -8.97 Mn
Sep 30, 2025 -8.69 Mn
Jun 30, 2025 -9.24 Mn
Mar 31, 2025 -9.36 Mn
Dec 31, 2024 -10.44 Mn
Sep 30, 2024 -10.97 Mn
Jun 30, 2024 -11.07 Mn
Mar 31, 2024 -11.13 Mn
Dec 31, 2023 -24.44 Mn
Sep 30, 2023 -13.09 Mn
Jun 30, 2023 -12.43 Mn
Mar 31, 2023 -12.99 Mn
Dec 31, 2022 -19.44 Mn
Sep 30, 2022 -15.15 Mn
Jun 30, 2022 -15.11 Mn
Mar 31, 2022 -18.12 Mn
Dec 31, 2021 -19.67 Mn
Sep 30, 2021 -20.46 Mn
Jun 30, 2021 -20.68 Mn
Mar 31, 2021 -18.69 Mn