Vsee Health (VSEE) Operating Expenses (2022 - 2026)
Vsee Health (VSEE) reported Operating Expenses of $2.9 million for Q2 2026, up 33.7% from $2.17 million a year earlier but down 30.4% from the prior quarter.
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Analysis
Vsee Health (VSEE) Operating Expenses (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Vsee Health's Operating Expenses came in at $16.48 million, down 77.2% year-over-year; for FY2025, it came in at $16.94 million, down 75.6% from FY2024.
- Operating Expenses has a four-year compound annual growth rate of 178.2% (FY2021 to FY2025).
- By year, Operating Expenses came in at $69.33 million in FY2024, $5.71 million in FY2023 (+58.7%), $3.59 million in FY2022 and $282,671 in FY2021.
- Five-year quarterly Operating Expenses spans a low of $543,179 in Q1 2022 and a high of $61.08 million in Q3 2024.
- Year over year, Operating Expenses gained in five of the last seven quarters, with growth averaging 108.9%.
- The high point for year-over-year Operating Expenses in five years was Q4 2024 (growth of 353.0%); the low point was Q3 2025 (a decline of 93.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $4.17 million (Q1 2026), $5.27 million (Q4 2025) and $4.13 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | 178,646.00 |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 420.93 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 387.71 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 364.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 323.96 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 542.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 182.80 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 231.56 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 652.00 Mn |
| 10 | Vsee Health | 126.95 Mn | 119.63 Mn | 206,153.00 | 2.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.90 Mn |
| Mar 31, 2026 | 4.17 Mn |
| Dec 31, 2025 | 5.27 Mn |
| Sep 30, 2025 | 4.13 Mn |
| Jun 30, 2025 | 2.17 Mn |
| Mar 31, 2025 | 3.69 Mn |
| Dec 31, 2024 | 5.41 Mn |
| Sep 30, 2024 | 61.08 Mn |
| Jun 24, 2024 | 654,316.00 |
| Mar 31, 2024 | 1.13 Mn |
| Dec 31, 2023 | 1.19 Mn |
| Sep 30, 2023 | 1.31 Mn |
| Jun 30, 2023 | 1.49 Mn |
| Mar 31, 2023 | 1.72 Mn |
| Dec 31, 2022 | 1.20 Mn |
| Sep 30, 2022 | 1.13 Mn |
| Jun 30, 2022 | 722,162.00 |
| Mar 31, 2022 | 543,179.00 |
API Access
Vsee Health Operating Expenses 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=operating-expenses&ticker=VSEE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=VSEE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();