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

111 has disclosed Research & Development across 9 years of filings, most recently posting -$2.1 million for Q4 2025.

• Research & Development for Q4 2025 came in at -$2.1 million, changed 0.05% year-over-year; the trailing twelve-month figure through Dec 2025 was -$8.5 million (up 12.5% YoY), and the FY2025 annual result was $8.6 million, down 9.48% from the prior year.
• Research & Development came in at -$2.1 million for Q4 2025 at 111, up from -$2.1 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of -$2.1 million in Q2 2025 to a low of -$8.7 million in Q3 2021.
• The 5-year median for Research & Development is -$3.6 million (2023), against an average of -$4.3 million.
• Across the five-year window, Research & Development plunged 212.98% in 2021 and surged 69.47% in 2024, its largest moves.
• 111's Research & Development stood at -$4.8 million in 2021, then dropped by 11.39% to -$5.4 million in 2022, then retreated by 28.1% to -$6.9 million in 2023, then soared by 69.47% to -$2.1 million in 2024, then decreased by 0.05% to -$2.1 million in 2025.
• The last three Research & Development figures came in at -$2.1 million (Q4 2025), -$2.1 million (Q3 2025), and -$2.1 million (Q2 2025), per Business Quant data.