Vsee Health (VSEEW) FCF Margin (2023 - 2026)
Vsee Health (VSEEW) reported FCF Margin of 78.44% for Q1 2026, down 6482.0% on a YoY basis from 1.23% in Q1 2025, and down 59.3% quarter-over-quarter from 49.24% in Q4 2025.
Vsee Health (VSEEW) FCF Margin (2023 - 2026) Analysis & Trends
Vsee Health has reported FCF Margin for 4 years, with the latest figure at 78.44% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 6482.0% year-over-year to 78.44%; the trailing twelve-month figure through Mar 2026 stood at 38.06% (down 766.0% YoY), and the FY2025 full-year result was 23.78%, up 3231.0% from the prior year.
- FCF Margin for Q1 2026 stood at 78.44%, down from 49.24% in the prior quarter.
- The five-year high for FCF Margin was 35.2% in Q1 2024, with the low at 79.77% in Q4 2024.
- Historically, FCF Margin has averaged 22.04% across 4 years, with a median of 12.08% in 2023.
- The largest YoY upside for FCF Margin was 5679 bps in 2024 against a maximum downside of 7231 bps in 2024.
- Vsee Health's FCF Margin stood at 7.47% in 2023, then tumbled by 969 bps to 79.77% in 2024, then jumped by 38 bps to 49.24% in 2025, then slumped by 59 bps to 78.44% in 2026.
- The last three FCF Margin figures came in at 78.44% (Q1 2026), 49.24% (Q4 2025), and 19.14% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 26.11 Bn | 18.79 Bn | 662.02 Mn | 127.46% |
| 2 | BrightSpring Health Services | 12.95 Bn | 12.07 Bn | 482.22 Mn | 3.30% |
| 3 | Healthequity | 7.46 Bn | 7.19 Bn | 256.31 Mn | 23.01% |
| 4 | Hinge Health | 5.15 Bn | 4.83 Bn | 154.23 Mn | 23.62% |
| 5 | Doximity | 3.75 Bn | 3.00 Bn | 125.97 Mn | 73.79% |
| 6 | 10x Genomics | 3.69 Bn | 3.15 Bn | 106.18 Mn | 17.24% |
| 7 | Waystar Holding | 3.61 Bn | 3.45 Bn | 268.04 Mn | 22.17% |
| 8 | Privia Health | 2.90 Bn | 2.54 Bn | 595.71 Mn | -8.19% |
| 9 | Omnicell | 1.72 Bn | 1.54 Bn | 140.36 Mn | 13.57% |
| 10 | Vsee Health | - | - | 1.20 Mn | -78.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -78.44% |
| Dec 31, 2025 | -49.24% |
| Sep 30, 2025 | -19.14% |
| Jun 30, 2025 | -9.68% |
| Mar 31, 2025 | -13.62% |
| Dec 31, 2024 | -79.77% |
| Sep 30, 2024 | -6.74% |
| Mar 31, 2024 | 35.20% |
| Dec 31, 2023 | -7.47% |
| Sep 30, 2023 | -3.41% |
| Jun 30, 2023 | -10.54% |
| Mar 31, 2023 | -21.60% |