Vsee Health (VSEE) EBITDA (2022 - 2026)
Vsee Health's (VSEE) quarterly EBITDA came in at -$3.0 million in Q1 2026, down 62.41% YoY from -$7.9 million in Q1 2025, and up 13.52% on a QoQ basis from -$3.4 million in Q4 2025.
Vsee Health (VSEE) EBITDA (2022 - 2026) Analysis & Trends
Vsee Health (VSEE) has 5 years of EBITDA data on file, last reported at -$3.0 million in Q1 2026.
- Quarterly EBITDA fell 62.41% year-over-year to -$3.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$10.7 million (up 82.99% YoY) and the FY2025 annual result came in at -$9.6 million, up 84.58% from the prior year.
- EBITDA advanced to -$3.0 million in Q1 2026, from -$3.4 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $104060.0 in Q1 2024 to a low of -$58.3 million in Q3 2024.
- A 5-year average of -$5.0 million and a median of -$1.2 million in 2022 frame the typical range for EBITDA.
- The widest YoY moves for EBITDA: up 114.54% in 2024, down 16411.08% in 2024.
- Tracing VSEE's EBITDA over 5 years: stood at -$1.2 million in 2022, then soared by 90.43% to -$114831.0 in 2023, then sank by 2536.38% to -$3.0 million in 2024, then dropped by 13.61% to -$3.4 million in 2025, then climbed by 13.52% to -$3.0 million in 2026.
- The last three EBITDA figures came in at -$3.0 million (Q1 2026), -$3.4 million (Q4 2025), and -$2.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 273.11 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 130.39 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 102.95 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -19.56 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 40.44 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -93.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 76.04 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 33.64 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -17.90 Mn |
| 10 | Vsee Health | 1.42 Mn | 72,850.60 | 1.20 Mn | -2.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.97 Mn |
| Dec 31, 2025 | -3.44 Mn |
| Sep 30, 2025 | -2.06 Mn |
| Jun 30, 2025 | -2.25 Mn |
| Mar 31, 2025 | -1.83 Mn |
| Dec 31, 2024 | -3.03 Mn |
| Sep 30, 2024 | -58.29 Mn |
| Mar 31, 2024 | 104,060.00 |
| Dec 31, 2023 | -114,831.00 |
| Sep 30, 2023 | -353,066.00 |
| Jun 30, 2023 | -689,837.00 |
| Mar 31, 2023 | -715,855.00 |
| Dec 31, 2022 | -1.20 Mn |
| Sep 30, 2022 | -1.13 Mn |
| Jun 30, 2022 | -722,162.00 |
| Mar 31, 2022 | -543,179.00 |