Vsee Health (VSEE) Net Margin (2023 - 2026)
Vsee Health's Net Margin was 54.25% in Q2 2026, up 301.91 percentage points from -247.66% a year earlier and up 136.53 percentage points from the prior quarter.
Vsee Health (VSEE) Net Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Vsee Health's Net Margin was -78.34% through Jun 30, 2026, up 477.27 percentage points year-over-year; for FY2025, it came in at -100.65%, up 453.04 percentage points from FY2024.
- In earlier years, Net Margin was -553.69% in FY2024 (-488.43 pp) and -65.26% in FY2023.
- The Q2 2026 figure marks the highest quarterly Net Margin in data going back to Q1 2023.
- Compared with a year earlier, Net Margin was higher in four of the last seven quarters, with an average year-over-year change of +27.56 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q3 2025 (a gain of 1600.22 percentage points); the worst was Q3 2024 (a drop of 1594.26 percentage points).
- Per Business Quant data, VSEE's Net Margin in the three quarters before Q2 2026 was -82.28% (Q1 2026), -199.96% (Q4 2025) and -7.28% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 29.47% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 3.19% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 8.07% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 19.80% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | -48.53% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 11.11% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 16.91% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 5.95% |
| 10 | Vsee Health | 126.95 Mn | 119.63 Mn | 206,153.00 | 54.25% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.25% |
| Mar 31, 2026 | -82.28% |
| Dec 31, 2025 | -199.96% |
| Sep 30, 2025 | -7.28% |
| Jun 30, 2025 | -247.66% |
| Mar 31, 2025 | -119.21% |
| Dec 31, 2024 | -85.91% |
| Sep 30, 2024 | -1,607.50% |
| Mar 31, 2024 | 3.87% |
| Dec 31, 2023 | -171.13% |
| Sep 30, 2023 | -13.24% |
| Jun 30, 2023 | -39.59% |
| Mar 31, 2023 | -33.59% |
Vsee Health Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=VSEE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "VSEE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=VSEE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();