111 annual operating expenses
2018
2019
2020
2021
2022
2023
2024
2025
111 Operating Expenses Growth & History (YI)
111's operating expenses was $1.80B for fiscal 2025.
View full 111 company overview111 annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.80B | −$176.8M | −8.96% |
| 2024 | 2024-12-31 | $1.97B | −$182.0M | −8.45% |
| 2023 | 2023-12-31 | $2.15B | $141.2M | +7.01% |
| 2022 | 2022-12-31 | $2.01B | −$37.1M | −1.81% |
| 2021 | 2021-12-31 | $2.05B | $720.9M | +54.22% |
| 2020 | 2020-12-31 | $1.33B | $691.2M | +108.24% |
| 2019 | 2019-12-31 | $638.6M | $320.6M | +100.81% |
| 2018 | 2018-12-31 | $318.0M | — | — |
111 operating expenses trends
Over the last five fiscal years, 111's operating expenses increased from $1.33B to $1.80B, a change of $466.1M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review 111 source filings ↗