Vsee Health (VSEE) Cost of Revenue (2023 - 2026)
Vsee Health (VSEE) posted Cost of Revenue of $1.36 million for Q2 2026, up 208.0% from $440,147 a year earlier but down 30.9% from the prior quarter.
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Analysis
Vsee Health (VSEE) Cost of Revenue (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Vsee Health was $7.32 million, up 91.3% year-over-year; for FY2025, it was $7.26 million, up 123.9% from FY2024.
- In prior years, Vsee Health's Cost of Revenue was $3.24 million in FY2024 (+67.8%) and $1.93 million in FY2023.
- Quarterly Cost of Revenue has run from a low of $386,253 in Q1 2024 to a high of $2.09 million in Q4 2025 over five years.
- On a year-over-year basis, Cost of Revenue has increased in each of the last four quarters, with growth averaging 151.9% over the last seven quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q1 2025, with growth of 278.4%; the weakest was Q1 2024, with a decline of 32.9%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $1.96 million (Q1 2026), $2.09 million (Q4 2025) and $1.91 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 49.82 Bn | 22.06 Bn | 695.95 Mn | 232.01 Mn |
| 3 | Samsara | 24.69 Bn | 21.46 Bn | 392.58 Mn | 115.86 Mn |
| 4 | Ptc | 22.46 Bn | 21.27 Bn | 490.47 Mn | 109.58 Mn |
| 5 | Toast | 20.00 Bn | 12.64 Bn | 543.00 Mn | 1.44 Bn |
| 6 | Manhattan Associates | 14.81 Bn | 13.87 Bn | 174.30 Mn | 131.89 Mn |
| 7 | Bentley Systems | 14.16 Bn | 13.63 Bn | 349.55 Mn | 71.96 Mn |
| 8 | Trimble | 12.77 Bn | 11.85 Bn | 659.10 Mn | 307.70 Mn |
| 9 | Costar | 12.50 Bn | 7.89 Bn | 741.00 Mn | 211.00 Mn |
| 10 | Vsee Health | 40.24 Mn | 32.92 Mn | 206,153.00 | 1.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.36 Mn |
| Mar 31, 2026 | 1.96 Mn |
| Dec 31, 2025 | 2.09 Mn |
| Sep 30, 2025 | 1.91 Mn |
| Jun 30, 2025 | 440,147.00 |
| Mar 31, 2025 | 1.46 Mn |
| Dec 31, 2024 | 1.35 Mn |
| Sep 30, 2024 | 569,734.00 |
| Jun 30, 2024 | 934,570.00 |
| Mar 31, 2024 | 386,253.00 |
| Dec 31, 2023 | 405,187.00 |
| Sep 30, 2023 | 478,399.00 |
| Jun 30, 2023 | 474,287.00 |
| Mar 31, 2023 | 575,322.00 |
API Access
Vsee Health Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VSEE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "VSEE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VSEE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();