Growth Metrics

Vsee Health (VSEE) Shares Outstanding (Diluted Average) (2021 - 2026)

Vsee Health posted quarterly Shares Outstanding (Diluted Average) of $47.9 million for Q1 2026, up 193.66% year-on-year from $16.3 million in Q1 2025, and up 137.81% on a QoQ basis from $20.1 million in Q4 2025.

Vsee Health (VSEE) has 6 years of Shares Outstanding (Diluted Average) data on file, last reported at $47.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) rose 193.66% year-over-year to $47.9 million; the trailing twelve-month figure through Mar 2026 stood at $47.9 million (up 193.66% YoY), and the FY2025 full-year result was $20.1 million, up 97.23% from the prior year.
  • Shares Outstanding (Diluted Average) for Q1 2026 stood at $47.9 million, up from $20.1 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $47.9 million in Q1 2026 and bottomed at $4.2 million in Q1 2023.
  • The 5-year median for Shares Outstanding (Diluted Average) is $13.8 million (2022), against an average of $14.2 million.
  • The widest annual swing landed in 2023, when Shares Outstanding (Diluted Average) slumped 72.08%; it then surged 251.59% in 2025.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $12.7 million in 2022, then slipped by 21.53% to $10.0 million in 2023, then gained by 2.15% to $10.2 million in 2024, then surged by 97.23% to $20.1 million in 2025, then surged by 137.81% to $47.9 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $47.9 million (Q1 2026), $20.1 million (Q4 2025), and $16.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 167.00 Mn
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 221.32 Mn
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 85.01 Mn
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 82.39 Mn
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 199.05 Mn
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 195.16 Mn
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn 128.29 Mn
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn 130.88 Mn
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 45.94 Mn
10 Vsee Health 8.79 Mn 8.79 Mn 1.20 Mn 47.90 Mn

Historic Data

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DateValue
Mar 31, 2026 47.90 Mn
Dec 31, 2025 20.14 Mn
Sep 30, 2025 16.43 Mn
Jun 30, 2025 16.37 Mn
Mar 31, 2025 16.31 Mn
Dec 31, 2024 10.21 Mn
Sep 30, 2024 8.35 Mn
Mar 31, 2024 4.64 Mn
Dec 31, 2023 10.00 Mn
Sep 30, 2023 10.00 Mn
Jun 30, 2023 4.64 Mn
Mar 31, 2023 4.17 Mn
Dec 31, 2022 12.74 Mn
Sep 30, 2022 14.93 Mn
Jun 30, 2022 14.93 Mn
Mar 31, 2022 14.93 Mn
Dec 31, 2021 3.98 Mn