Vsee Health (VSEE) FCF Margin (2023 - 2026)
Vsee Health's FCF Margin was -79.84% in Q2 2026, down 8.28 percentage points from -71.56% a year earlier and down 1.39 percentage points from the prior quarter.
Vsee Health (VSEE) FCF Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Vsee Health's FCF Margin was -47.46% through Jun 30, 2026, down 8.98 percentage points year-over-year; for FY2025, it came in at -23.78%, up 32.31 percentage points from FY2024.
- In earlier years, FCF Margin was -56.08% in FY2024 (-45.04 pp) and -11.05% in FY2023.
- The Q2 2026 figure marks the lowest quarterly FCF Margin in data going back to Q1 2023.
- Compared with a year earlier, FCF Margin was higher in 1 of the last seven quarters, with an average year-over-year change of -24.10 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q1 2024 (a gain of 56.79 percentage points); the worst was Q4 2024 (a drop of 72.31 percentage points).
- Per Business Quant data, VSEE's FCF Margin in the three quarters before Q2 2026 was -78.44% (Q1 2026), -49.24% (Q4 2025) and -8.41% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 25.72% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 12.73% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 6.81% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 41.55% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 23.99% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 27.26% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 30.11% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 8.32% |
| 10 | Vsee Health | 126.95 Mn | 119.63 Mn | 206,153.00 | -79.84% |
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% |
Vsee Health FCF 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=fcf-margin&ticker=VSEE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=VSEE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();