Vsee Health (VSEE) FCF Margin (2023 - 2026)
Vsee Health's (VSEE) quarterly FCF Margin came in at 79.84% in Q2 2026, down 828.0% on a YoY basis from 10.97% in Q2 2025, and down 1.78% quarter-over-quarter from 78.44% in Q1 2026.
Analysis
Vsee Health (VSEE) FCF Margin (2023 - 2026) Analysis & Trends
Vsee Health (VSEE) has reported FCF Margin for 4 consecutive years, with 79.84% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 828.0% year-over-year to 79.84%; the trailing twelve-month figure through Jun 2026 stood at 47.46% (down 898.0% YoY), and the FY2025 full-year result was 23.78%, up 3231.0% from the prior year.
- FCF Margin retreated to 79.84% in Q2 2026 per VSEE's latest filing, from 78.44% in the prior quarter.
- Across five years, FCF Margin topped out at 35.2% in Q1 2024 and bottomed at 79.84% in Q2 2026.
- Historically, FCF Margin has averaged 30.42% across 4 years, with a median of 13.62% in 2025.
- The widest YoY moves for FCF Margin: up 5679 bps in 2024, down 7231 bps in 2024.
- Over 4 years, FCF Margin stood at 7.47% in 2023, then sank by 969 bps to 79.77% in 2024, then soared by 38 bps to 49.24% in 2025, then sank by 62 bps to 79.84% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 79.84%, 78.44%, and 49.24% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 24.86% |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 13.54% |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 25.33% |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 28.83% |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 13.26% |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | -58.47% |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 3.18% |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 33.32% |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 7.05% |
| 10 | Vsee Health | 1.11 Mn | 659,445.24 | 206,153.00 | -79.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -79.84% |
| Mar 31, 2026 | -78.44% |
| Dec 31, 2025 | -49.24% |
| Sep 30, 2025 | -8.41% |
| Jun 30, 2025 | -71.56% |
| Mar 31, 2025 | -13.62% |
| Dec 31, 2024 | -79.77% |
| Sep 30, 2024 | -6.74% |
| Mar 31, 2024 | 35.20% |
| Dec 31, 2023 | -7.47% |
| Sep 30, 2023 | -3.41% |
| Jun 30, 2023 | -10.54% |
| Mar 31, 2023 | -21.60% |