Vsee Health (VSEE) Operating Income (2022 - 2026)
Vsee Health (VSEE) posted Operating Income of -$3.0 million for Q1 2026, up 13.52% on a QoQ basis from -$3.4 million in Q4 2025, and down 62.41% year-over-year from -$7.9 million in Q1 2025.
Vsee Health (VSEE) Operating Income (2022 - 2026) Analysis & Trends
Vsee Health's Operating Income history runs 5 years deep, the most recent figure standing at -$3.0 million for Q1 2026.
- Quarterly Operating Income fell 62.41% year-over-year to -$3.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$10.7 million (up 82.99% YoY) and the FY2025 annual result came in at -$9.6 million, up 84.58% from the prior year.
- Operating Income was -$3.0 million for Q1 2026 at Vsee Health, up from -$3.4 million in the prior quarter.
- Across five years, Operating Income topped out at $104060.0 in Q1 2024 and bottomed at -$58.3 million in Q3 2024.
- A 5-year average of -$5.0 million and a median of -$1.2 million in 2022 frame the typical range for Operating Income.
- Peak annual rise in Operating Income reached 114.54% in 2024, while the deepest fall reached 16411.08% in 2024.
- Vsee Health's Operating Income stood at -$1.2 million in 2022, then surged by 90.43% to -$114831.0 in 2023, then tumbled by 2536.38% to -$3.0 million in 2024, then fell by 13.61% to -$3.4 million in 2025, then increased by 13.52% to -$3.0 million in 2026.
- Business Quant data shows VSEE's Operating Income at -$3.0 million in Q1 2026, -$3.4 million in Q4 2025, and -$2.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.91 Bn | 24.60 Bn | 662.02 Mn | 273.11 Mn |
| 2 | BrightSpring Health Services | 14.61 Bn | 13.71 Bn | 482.22 Mn | 121.45 Mn |
| 3 | Healthequity | 8.29 Bn | 8.03 Bn | 256.31 Mn | 102.95 Mn |
| 4 | Hinge Health | 5.96 Bn | 5.65 Bn | 154.23 Mn | 32.07 Mn |
| 5 | 10x Genomics | 5.83 Bn | 5.29 Bn | 106.18 Mn | -17.05 Mn |
| 6 | MiniMed | 4.49 Bn | 4.19 Bn | 480.00 Mn | -93.00 Mn |
| 7 | Waystar Holding | 4.49 Bn | 4.42 Bn | 216.84 Mn | 80.47 Mn |
| 8 | Doximity | 3.98 Bn | 3.23 Bn | 125.97 Mn | 24.83 Mn |
| 9 | Privia Health | 3.17 Bn | 2.75 Bn | - | 7.42 Mn |
| 10 | Vsee Health | 3.94 Mn | 2.60 Mn | 1.20 Mn | -2.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.97 Mn |
| Dec 31, 2025 | -3.44 Mn |
| Sep 30, 2025 | -2.06 Mn |
| Jun 30, 2025 | -2.25 Mn |
| Mar 31, 2025 | -1.83 Mn |
| Dec 31, 2024 | -3.03 Mn |
| Sep 30, 2024 | -58.29 Mn |
| Mar 31, 2024 | 104,060.00 |
| Dec 31, 2023 | -114,831.00 |
| Sep 30, 2023 | -353,066.00 |
| Jun 30, 2023 | -689,837.00 |
| Mar 31, 2023 | -715,855.00 |
| Dec 31, 2022 | -1.20 Mn |
| Sep 30, 2022 | -1.13 Mn |
| Jun 30, 2022 | -722,162.00 |
| Mar 31, 2022 | -543,179.00 |