Key facts
- 111 reported Non-GAAP EPADS of -$0.60.
- 111 reported revenue of $342.36 million.
- Promotional products revenue increased 70.2% year-over-year.
- Total marketplace service revenue increased 24.7% year-over-year.
111, Inc. announced its first quarter 2026 financial results, reporting a Non-GAAP Earnings Per American Depositary Share (EPADS) of -$0.60 and revenue of $342.36 million. The company highlighted a continuing transition toward a more asset-light and operationally efficient business model. In line with this strategy, net revenue from promotional products increased by 70.2% and gross profit rose by 75.0% year-over-year. Additionally, total marketplace (MP) service revenue increased by 24.7% year-over-year.