Growth Metrics

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

Vsee Health (VSEE) has disclosed Gross Margin for 3 consecutive years, with 52.08% as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Gross Margin fell 3093.0% year-over-year to 52.08%, compared with a TTM value of 54.78% through Sep 2025, down 1712.0%, and an annual FY2024 reading of 68.87%, up 240.0% over the prior year.
  • Gross Margin was 52.08% for Q3 2025 at Vsee Health, up from 46.86% in the prior quarter.
  • Across five years, Gross Margin topped out at 83.02% in Q3 2024 and bottomed at 45.4% in Q2 2024.
  • Average Gross Margin over 3 years is 62.54%, with a median of 63.53% recorded in 2023.
  • The sharpest move saw Gross Margin surged 1727bps in 2024, then tumbled -3093bps in 2025.
  • Year by year, Gross Margin stood at 72.7% in 2023, then dropped by -12bps to 63.76% in 2024, then dropped by -18bps to 52.08% in 2025.
  • Business Quant data shows Gross Margin for VSEE at 52.08% in Q3 2025, 46.86% in Q2 2025, and 56.0% in Q1 2025.