Vsee Health (VSEE) Payables (2021 - 2026)
Vsee Health (VSEE) posted Payables of $8.9 million for Q1 2026, down 27.54% on a QoQ basis from $12.2 million in Q4 2025, and up 30.91% year-over-year from $6.8 million in Q1 2025.
Vsee Health (VSEE) Payables (2021 - 2026) Analysis & Trends
Vsee Health's Payables history runs 6 years deep, the most recent figure standing at $8.9 million for Q1 2026.
- Quarterly Payables rose 30.91% year-over-year to $8.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.9 million (up 30.91% YoY) and the FY2025 annual result came in at $12.2 million, up 12.98% from the prior year.
- Payables was $8.9 million for Q1 2026 at Vsee Health, down from $12.2 million in the prior quarter.
- Across five years, Payables topped out at $12.7 million in Q3 2025 and bottomed at $342461.0 in Q1 2022.
- A 5-year average of $6.1 million and a median of $5.3 million in 2023 frame the typical range for Payables.
- Annual changes were most pronounced in 2022 — Payables surged 1506.0% — and 2025, when it increased 3.94%.
- Vsee Health's Payables stood at $2.3 million in 2022, then jumped by 131.35% to $5.2 million in 2023, then jumped by 108.2% to $10.8 million in 2024, then grew by 12.98% to $12.2 million in 2025, then retreated by 27.54% to $8.9 million in 2026.
- Business Quant data shows VSEE's Payables at $8.9 million in Q1 2026, $12.2 million in Q4 2025, and $12.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 32.25 Bn | 24.94 Bn | 662.02 Mn | 40.66 Mn |
| 2 | BrightSpring Health Services | 14.59 Bn | 13.69 Bn | 482.22 Mn | 1.09 Bn |
| 3 | Healthequity | 8.34 Bn | 8.08 Bn | 256.31 Mn | 14.22 Mn |
| 4 | Hinge Health | 5.99 Bn | 5.67 Bn | 154.23 Mn | 69.48 Mn |
| 5 | 10x Genomics | 5.88 Bn | 5.34 Bn | 106.18 Mn | 17.43 Mn |
| 6 | MiniMed | 4.50 Bn | 4.20 Bn | 480.00 Mn | 163.00 Mn |
| 7 | Waystar Holding | 4.47 Bn | 4.41 Bn | 216.84 Mn | 58.80 Mn |
| 8 | Doximity | 3.97 Bn | 3.22 Bn | 125.97 Mn | 4.01 Mn |
| 9 | Privia Health | 3.13 Bn | 2.71 Bn | - | 80.56 Mn |
| 10 | Vsee Health | 4.09 Mn | 2.74 Mn | 1.20 Mn | 8.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.88 Mn |
| Dec 31, 2025 | 12.25 Mn |
| Sep 30, 2025 | 12.74 Mn |
| Jun 30, 2025 | 12.11 Mn |
| Mar 31, 2025 | 6.78 Mn |
| Dec 31, 2024 | 10.84 Mn |
| Sep 30, 2024 | 12.26 Mn |
| Mar 31, 2024 | 5.46 Mn |
| Dec 31, 2023 | 5.21 Mn |
| Sep 30, 2023 | 2.43 Mn |
| Jun 30, 2023 | 2.74 Mn |
| Mar 31, 2023 | 2.04 Mn |
| Dec 31, 2022 | 2.25 Mn |
| Sep 30, 2022 | 1.42 Mn |
| Jun 30, 2022 | 592,081.00 |
| Mar 31, 2022 | 342,461.00 |
| Dec 31, 2021 | 140,163.00 |