Vsee Health (VSEE) EBITDA Margin (2023 - 2026)
Vsee Health (VSEE) recorded EBITDA Margin of -131.71% in Q2 2026, down 45.15 percentage points from -86.56% a year earlier and down 58.05 percentage points from the prior quarter.
Vsee Health (VSEE) EBITDA Margin (2023 - 2026) Analysis & Trends
On a TTM basis, Vsee Health's EBITDA Margin came in at -67.97% as of Jun 30, 2026, up 473.64 percentage points year-over-year; for FY2025, it came in at -47.85%, up 535.83 percentage points from FY2024.
- Across earlier years, EBITDA Margin came in at -583.68% in FY2024 (-551.20 pp) and -32.48% in FY2023.
- The Q2 2026 figure is the lowest quarterly EBITDA Margin since Q3 2024.
- On a year-over-year basis, EBITDA Margin has declined for three consecutive quarters, with an average year-over-year change of -28.48 percentage points over the last seven quarters.
- Per Business Quant, the preceding three quarters came in at -73.66% (Q1 2026), -71.15% (Q4 2025) and -35.31% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 52.05 Bn | 24.30 Bn | 695.95 Mn | 31.34% |
| 3 | Samsara | 25.30 Bn | 22.08 Bn | 392.58 Mn | 2.61% |
| 4 | Ptc | 22.27 Bn | 21.08 Bn | 490.47 Mn | 31.78% |
| 5 | Toast | 18.84 Bn | 11.51 Bn | 516.00 Mn | 9.85% |
| 6 | Trimble | 14.60 Bn | 13.67 Bn | 674.90 Mn | 18.84% |
| 7 | Manhattan Associates | 13.86 Bn | 12.85 Bn | 168.33 Mn | 22.79% |
| 8 | Costar | 13.30 Bn | 7.25 Bn | 728.00 Mn | 20.65% |
| 9 | Bentley Systems | 11.98 Bn | 11.44 Bn | 336.74 Mn | 25.74% |
| 10 | Vsee Health | 116.93 Mn | 109.60 Mn | 206,153.00 | -131.55% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -131.55% |
| Mar 31, 2026 | -73.58% |
| Dec 31, 2025 | -71.09% |
| Sep 30, 2025 | -34.76% |
| Jun 30, 2025 | -84.54% |
| Mar 31, 2025 | -35.04% |
| Dec 31, 2024 | -62.06% |
| Sep 30, 2024 | -1,718.18% |
| Jun 30, 2024 | -54.40% |
| Mar 31, 2024 | 6.89% |
| Dec 31, 2023 | -7.67% |
| Sep 30, 2023 | -23.34% |
| Jun 30, 2023 | -54.24% |
Vsee Health EBITDA Margin 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=ebitda-margin&ticker=VSEE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=VSEE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();