Vsee Health (VSEE) Revenue (2023 - 2026)
Vsee Health's (VSEE) quarterly Revenue came in at $3.2 million in Q1 2026, down 4.86% YoY from $3.3 million in Q1 2025, and down 19.5% on a QoQ basis from $3.9 million in Q4 2025.
Vsee Health (VSEE) Revenue (2023 - 2026) Analysis & Trends
Vsee Health (VSEE) has 4 years of Revenue data on file, last reported at $3.2 million in Q1 2026.
- Quarterly Revenue fell 4.86% year-over-year to $3.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $14.5 million (up 20.16% YoY) and the FY2025 annual result came in at $14.6 million, up 40.27% from the prior year.
- Revenue slipped to $3.2 million in Q1 2026, from $3.9 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $4.0 million in Q3 2025 to a low of $1.3 million in Q2 2023.
- A 4-year average of $2.7 million and a median of $3.2 million in 2025 frame the typical range for Revenue.
- Annual changes were most pronounced in 2024 — Revenue surged 151.61% — and 2026, when it decreased 4.86%.
- Tracing VSEE's Revenue over 4 years: stood at $1.5 million in 2023, then surged by 151.61% to $3.7 million in 2024, then gained by 5.13% to $3.9 million in 2025, then declined by 19.5% to $3.2 million in 2026.
- The last three Revenue figures came in at $3.2 million (Q1 2026), $3.9 million (Q4 2025), and $4.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 882.95 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 3.87 Bn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 354.64 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 151.04 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 212.82 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 837.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 319.67 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 156.62 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 64.08 Mn |
| 10 | Vsee Health | 1.42 Mn | 72,850.60 | 1.20 Mn | 3.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.16 Mn |
| Dec 31, 2025 | 3.93 Mn |
| Sep 30, 2025 | 3.98 Mn |
| Jun 30, 2025 | 3.39 Mn |
| Mar 31, 2025 | 3.32 Mn |
| Dec 31, 2024 | 3.73 Mn |
| Sep 30, 2024 | 3.35 Mn |
| Mar 31, 2024 | 1.62 Mn |
| Dec 31, 2023 | 1.48 Mn |
| Sep 30, 2023 | 1.43 Mn |
| Jun 30, 2023 | 1.27 Mn |
| Mar 31, 2023 | 1.58 Mn |