Vsee Health (VSEE) Net Margin (2023 - 2026)
Vsee Health's (VSEE) quarterly Net Margin came in at 54.42% in Q2 2026, up 36931.0% on a YoY basis from N/an in Q2 2025, and up 166.14% quarter-over-quarter from 82.28% in Q1 2026.
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Vsee Health (VSEE) Net Margin (2023 - 2026) Analysis & Trends
Vsee Health (VSEE) has reported Net Margin for 4 consecutive years, with 54.42% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 36931.0% year-over-year to 54.42%; the trailing twelve-month figure through Jun 2026 stood at 77.88% (up 48392.0% YoY), and the FY2025 full-year result was 100.27%, up 45342.0% from the prior year.
- Net Margin climbed to 54.42% in Q2 2026 per VSEE's latest filing, from 82.28% in the prior quarter.
- Across five years, Net Margin topped out at 54.42% in Q2 2026 and bottomed at 1607.5% in Q3 2024.
- Historically, Net Margin has averaged 201.69% across 4 years, with a median of 82.28% in 2026.
- The sharpest annual moves came in 2024 and 2025: Net Margin plunged 159513 bps in 2024, then jumped 160022 bps in 2025.
- Over 4 years, Net Margin stood at 168.86% in 2023, then surged by 49 bps to 85.91% in 2024, then plunged by 131 bps to 198.56% in 2025, then jumped by 127 bps to 54.42% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 54.42%, 82.28%, and 198.56% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 29.47% |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 12.78% |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 15.53% |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 7.27% |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 6.37% |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 10.15% |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | -59.26% |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 4.26% |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 7.96% |
| 10 | Vsee Health | 1.11 Mn | 659,445.24 | 206,153.00 | 54.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.42% |
| Mar 31, 2026 | -82.28% |
| Dec 31, 2025 | -198.56% |
| Sep 30, 2025 | -7.28% |
| Jun 30, 2025 | -314.88% |
| Mar 31, 2025 | -119.21% |
| Dec 31, 2024 | -85.91% |
| Sep 30, 2024 | -1,607.50% |
| Mar 31, 2024 | 5.85% |
| Dec 31, 2023 | -168.86% |
| Sep 30, 2023 | -12.37% |
| Jun 30, 2023 | -39.90% |
| Mar 31, 2023 | -45.49% |