Vsee Health (VSEE) Gross Margin (2023 - 2026)

Vsee Health's Gross Margin history runs 4 years deep, the most recent figure standing at 37.91% for Q1 2026.

• Quarterly Gross Margin fell 1809.0% year-over-year to 37.91% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 46.3% (down 2236.0% YoY) and the FY2025 annual result came in at 50.32%, down 1855.0% from the prior year.
• Gross Margin was 37.91% for Q1 2026 at Vsee Health, down from 46.72% in the prior quarter.
• Across five years, Gross Margin topped out at 83.02% in Q3 2024 and bottomed at 37.91% in Q1 2026.
• A 4-year average of 60.67% and a median of 63.11% in 2023 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2024 — Gross Margin jumped 1641 bps — and 2025, when it sank 3093 bps.
• Vsee Health's Gross Margin stood at 72.7% in 2023, then dropped by 12 bps to 63.76% in 2024, then fell by 27 bps to 46.72% in 2025, then fell by 19 bps to 37.91% in 2026.
• Business Quant data shows VSEE's Gross Margin at 37.91% in Q1 2026, 46.72% in Q4 2025, and 52.08% in Q3 2025.