Vsee Health (VSEEW) Cost of Revenue (2023 - 2026)

Vsee Health has reported Cost of Revenue for 4 years, with the latest figure at $2.0 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 34.25% year-over-year to $2.0 million; the trailing twelve-month figure through Mar 2026 stood at $7.8 million (up 105.87% YoY), and the FY2025 full-year result was $7.3 million, up 123.88% from the prior year.
• Cost of Revenue for Q1 2026 stood at $2.0 million, down from $2.1 million in the prior quarter.
• The five-year high for Cost of Revenue was $2.1 million in Q4 2025, with the low at $386253.0 in Q1 2024.
• Historically, Cost of Revenue has averaged $1.1 million across 4 years, with a median of $964268.5 in 2023.
• Annual changes were most pronounced in 2024 — Cost of Revenue slumped 32.86% — and 2025, when it surged 278.38%.
• Vsee Health's Cost of Revenue stood at $405187.0 in 2023, then soared by 233.97% to $1.4 million in 2024, then jumped by 54.57% to $2.1 million in 2025, then retreated by 6.2% to $2.0 million in 2026.
• The last three Cost of Revenue figures came in at $2.0 million (Q1 2026), $2.1 million (Q4 2025), and $1.9 million (Q3 2025), per Business Quant data.