Vsee Health (VSEE) Retained Earnings (2021 - 2026)
Vsee Health posted quarterly Retained Earnings of -$85.0 million for Q1 2026, down 18.63% year-on-year from -$104.5 million in Q1 2025, and down 3.16% on a QoQ basis from -$82.4 million in Q4 2025.
Vsee Health (VSEE) has 6 years of Retained Earnings data on file, last reported at -$85.0 million in Q1 2026.
- For the quarter ending Q1 2026, Retained Earnings fell 18.63% year-over-year to -$85.0 million; the trailing twelve-month figure through Mar 2026 stood at -$85.0 million (down 18.63% YoY), and the FY2025 full-year result was -$82.4 million, down 21.73% from the prior year.
- Retained Earnings for Q1 2026 stood at -$85.0 million, down from -$82.4 million in the prior quarter.
- Across five years, Retained Earnings topped out at -$3.9 million in Q1 2022 and bottomed at -$85.0 million in Q1 2026.
- The 5-year median for Retained Earnings is -$10.0 million (2023), against an average of -$36.5 million.
- The widest annual swing landed in 2024, when Retained Earnings plunged 766.49%; it then slipped 15.61% in 2025.
- A 5-year view of Retained Earnings shows it stood at -$6.2 million in 2022, then slumped by 60.31% to -$10.0 million in 2023, then plunged by 576.91% to -$67.7 million in 2024, then slipped by 21.73% to -$82.4 million in 2025, then decreased by 3.16% to -$85.0 million in 2026.
- The last three Retained Earnings figures came in at -$85.0 million (Q1 2026), -$82.4 million (Q4 2025), and -$74.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 4.36 Bn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 14.14 Mn |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 177.20 Mn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | -348,000.00 |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 28,000.00 |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 846,000.00 |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -1.52 Bn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | -153.25 Mn |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | -10.64 Mn |
| 10 | Vsee Health | 8.79 Mn | 8.79 Mn | 1.20 Mn | -85.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -85.02 Mn |
| Dec 31, 2025 | -82.42 Mn |
| Sep 30, 2025 | -74.57 Mn |
| Jun 30, 2025 | -74.28 Mn |
| Mar 31, 2025 | -71.66 Mn |
| Dec 31, 2024 | -67.70 Mn |
| Sep 30, 2024 | -64.50 Mn |
| Mar 31, 2024 | -9.94 Mn |
| Dec 31, 2023 | -10.00 Mn |
| Sep 30, 2023 | -7.44 Mn |
| Jun 30, 2023 | -9.75 Mn |
| Mar 31, 2023 | -6.76 Mn |
| Dec 31, 2022 | -6.24 Mn |
| Sep 30, 2022 | -5.59 Mn |
| Jun 30, 2022 | -4.52 Mn |
| Mar 31, 2022 | -3.86 Mn |
| Dec 31, 2021 | -3.33 Mn |