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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Vsee Health (VSEE) Gross Margin (2023 - 2025)

Vsee Health's Gross Margin history spans 3 years, with the latest figure at 46.72% for Q4 2025.

  • For Q4 2025, Gross Margin fell 1704.0% year-over-year to 46.72%; the TTM value through Dec 2025 reached 50.32%, down 3555.0%, while the annual FY2025 figure was 50.32%, 1855.0% down from the prior year.
  • Gross Margin reached 46.72% in Q4 2025 per VSEE's latest filing, down from 52.08% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 83.02% in Q3 2024 to a low of 46.72% in Q4 2025.
  • Average Gross Margin over 3 years is 62.74%, with a median of 63.53% recorded in 2023.
  • Peak YoY movement for Gross Margin: surged 1641bps in 2024, then tumbled -3093bps in 2025.
  • A 3-year view of Gross Margin shows it stood at 72.7% in 2023, then dropped by -12bps to 63.76% in 2024, then fell by -27bps to 46.72% in 2025.
  • Per Business Quant, the three most recent readings for VSEE's Gross Margin are 46.72% (Q4 2025), 52.08% (Q3 2025), and 46.86% (Q2 2025).