111 (YI) Research & Development (2017 - 2026)
111's (YI) quarterly Research & Development came in at -$8.4 million in Q1 2026, up 10.11% year-over-year from -$7.6 million in Q1 2025, and up 6.25% quarter-over-quarter from -$9.0 million in Q4 2025.
Analysis
111 (YI) Research & Development (2017 - 2026) Analysis & Trends
111 has disclosed Research & Development across 10 years of filings, most recently posting -$8.4 million for Q1 2026.
- In Q1 2026, Research & Development rose 10.11% year-over-year to -$8.4 million; the TTM figure through Mar 2026 stood at -$35.3 million (up 15.59% YoY), while the FY2025 annual figure was -$37.0 million, down 186.0% from the prior year.
- Research & Development came in at -$8.4 million for Q1 2026 at 111, up from -$9.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$8.4 million in Q1 2026 to a low of -$24.4 million in Q4 2023.
- Average Research & Development over 5 years is -$12.9 million, with a median of -$11.1 million recorded in 2024.
- Year-over-year, Research & Development slipped 25.74% in 2023 and soared 57.3% in 2024.
- Over 5 years, Research & Development stood at -$19.4 million in 2022, then fell by 25.74% to -$24.4 million in 2023, then soared by 57.3% to -$10.4 million in 2024, then rose by 14.02% to -$9.0 million in 2025, then grew by 6.25% to -$8.4 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were -$8.4 million in Q1 2026, -$9.0 million in Q4 2025, and -$8.7 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 105.79 Bn | 103.19 Bn | 3.69 Bn | - |
| 2 | Cencora | 63.13 Bn | 60.51 Bn | 3.61 Bn | - |
| 3 | Cardinal Health | 57.48 Bn | 52.78 Bn | 2.56 Bn | - |
| 4 | Henry Schein | 10.05 Bn | 10.80 Bn | 1.10 Bn | - |
| 5 | ZeroStack | 42.83 Mn | 41.14 Mn | 1.62 Mn | - |
| 6 | 111 | 30.11 Mn | 113.01 Mn | 18.18 Mn | -8.41 Mn |
| 7 | Ridgetech | 5.33 Mn | -12.68 Mn | - | - |
| 8 | Guardian Pharmacy Services | 5.16 Mn | -72.61 Mn | 80.04 Mn | - |
| 9 | MedWellAI | 2.27 Mn | 2.28 Mn | - | - |
| 10 | DataMeds AI | 2.20 Mn | 2.15 Mn | 170,221.00 | 960,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -8.41 Mn |
| 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 |