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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 filings provide 3 years of Gross Margin readings, the most recent being 46.72% for Q4 2025.

  • On a quarterly basis, Gross Margin fell 1704.0% to 46.72% in Q4 2025 year-over-year; TTM through Dec 2025 was 50.32%, a 2305.0% decrease, with the full-year FY2025 number at 50.32%, down 1855.0% from a year prior.
  • Gross Margin hit 46.72% in Q4 2025 for Vsee Health, 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.
  • Median Gross Margin over the past 3 years was 63.53% (2023), compared with a mean of 62.74%.
  • Biggest five-year swings in Gross Margin: soared 1641bps in 2024 and later crashed -3093bps in 2025.
  • Vsee Health's Gross Margin stood at 72.7% in 2023, then dropped by -12bps to 63.76% in 2024, then fell by -27bps to 46.72% in 2025.
  • The last three reported values for Gross Margin were 46.72% (Q4 2025), 52.08% (Q3 2025), and 46.86% (Q2 2025) per Business Quant data.