Vsee Health VSEE
OTC VSEE
$0.02 +0.01 (+100.00%)
At close: Sep 4, 2026 · 4:00 PM EDT

Vsee Health (VSEE) Cost of Revenue (2023 - 2026)

Vsee Health's (VSEE) quarterly Cost of Revenue came in at $1.4 million in Q2 2026, up 208.02% on a YoY basis from $440147.0 in Q2 2025, and down 30.9% quarter-over-quarter from $2.0 million in Q1 2026.

Analysis

Vsee Health (VSEE) Cost of Revenue (2023 - 2026) Analysis & Trends

Vsee Health (VSEE) has reported Cost of Revenue for 4 consecutive years, with $1.4 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue rose 208.02% year-over-year to $1.4 million; the trailing twelve-month figure through Jun 2026 stood at $7.3 million (up 91.31% YoY), and the FY2025 full-year result was $7.3 million, up 123.88% from the prior year.
  • Cost of Revenue declined to $1.4 million in Q2 2026 per VSEE's latest filing, from $2.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $2.1 million in Q4 2025 and bottomed at $386253.0 in Q1 2024.
  • Historically, Cost of Revenue has averaged $1.0 million across 4 years, with a median of $575322.0 in 2023.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue tumbled 32.86% in 2024, then soared 278.38% in 2025.
  • Over 4 years, Cost of Revenue stood at $405187.0 in 2023, then surged by 233.97% to $1.4 million in 2024, then soared by 54.57% to $2.1 million in 2025, then sank by 35.19% to $1.4 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $1.4 million, $2.0 million, and $2.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Veeva Systems 44.53 Bn 37.29 Bn 695.95 Mn 232.01 Mn
2 Waystar Holding 4.81 Bn 4.62 Bn 221.99 Mn 97.69 Mn
3 Doximity 4.74 Bn 4.05 Bn 132.93 Mn 23.69 Mn
4 CCC Intelligent Solutions Holdings 4.41 Bn 4.30 Bn 210.64 Mn 75.29 Mn
5 EverCommerce 1.40 Bn 1.27 Bn 119.50 Mn 32.52 Mn
6 Schrodinger 1.32 Bn 904.47 Mn 32.43 Mn 26.46 Mn
7 Certara 1.21 Bn 1.03 Bn 58.15 Mn 35.12 Mn
8 GoodRx Holdings 1.18 Bn 887.53 Mn 179.41 Mn 21.00 Mn
9 Healthstream 853.81 Mn 787.08 Mn 54.72 Mn 29.02 Mn
10 Vsee Health 1.11 Mn 659,445.24 206,153.00 1.36 Mn
Historic Data

Historic Data

Download Data
DateValue
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
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