Vsee Health VSEE Revenue Breakdown

OTC VSEE
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At close: Sep 18, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Vsee Health, Inc., fiscal 2023 to 2025, as reported in its filings.
Annual history

Vsee Health, Inc. Revenue by Product and Service

Years FY 2023–2025
Lines 6
FY 2025 Total $43.85M

Telehealth Fees was the largest of Vsee Health, Inc.’s 6 reported lines in fiscal 2025, at $11.59M — 26% of $43.85M.

Vsee Health, Inc. revenue by product and service, fiscal 2023 to 2025
Product and Service FY 2023 FY 2023 FY 2024 FY 2024 FY 2025
Subscription Fees $12.13M $12.35M $9.69M
Telehealth Fees $3.01M $11.59M
Patient Fees $3.62M $10.13M
Professional Services & Other Fees $3.19M $6.32M $9.31M
Technical Engineering Fees $2.50M $1.97M $7.33M $5.94M $3.13M
Institutional Fees $20.64K $7.50K
Total $2.50M $17.30M $7.33M $31.26M $43.85M

Vsee Health, Inc. revenue by product and service: what the figures show

In fiscal 2025, which ended December 31, 2025, the 6 revenue lines Vsee Health, Inc. reported in this breakdown added up to $43.85M. That was up 40.3% from $31.26M in fiscal 2024. Telehealth Fees was the largest revenue line, at $11.59M or 26.4% of the total, followed by Patient Fees ($10.13M, 23.1%) and Subscription Fees ($9.69M, 22.1%). Together, the two largest revenue lines made up 49.5% of this total.

Compared with fiscal 2024, Telehealth Fees grew the fastest, rising 284.9% to $11.59M. Technical Engineering Fees fell the most, down 47.3% to $3.13M.

Telehealth Fees (fiscal 2024), Patient Fees (fiscal 2024) and Institutional Fees (fiscal 2024) were first reported as separate revenue lines during this period. This breakdown covers 5 fiscal years between 2023 and 2025, as reported in Vsee Health, Inc.'s annual filings.

Annual history

Vsee Health, Inc. Revenue by Timing of Transfer of Good or Service

Years FY 2024–2025
Lines 2
FY 2025 Total $43.85M

Transferred At Point In Time was the largest of Vsee Health, Inc.’s 2 reported lines in fiscal 2025, at $31.04M — 71% of $43.85M.

Vsee Health, Inc. revenue by timing of transfer of good or service, fiscal 2024 to 2025
Timing of Transfer of Good or Service FY 2024 FY 2025
Transferred At Point In Time $15.88M $31.04M
Transferred Over Time $15.39M $12.82M
Total $31.26M $43.85M

Vsee Health, Inc. revenue by timing of transfer of good or service: what the figures show

In fiscal 2025, which ended December 31, 2025, the 2 revenue lines Vsee Health, Inc. reported in this breakdown added up to $43.85M. That was up 40.3% from $31.26M in fiscal 2024. Transferred At Point In Time was the largest revenue line, at $31.04M or 70.8% of the total, followed by Transferred Over Time ($12.82M, 29.2%).

Compared with fiscal 2024, Transferred At Point In Time grew the fastest, rising 95.5% to $31.04M. Transferred Over Time fell the most, down 16.7% to $12.82M.

This breakdown covers every fiscal year from 2024 to 2025, as reported in Vsee Health, Inc.'s annual filings.

Annual history

Vsee Health, Inc. Revenue by Segment

Years FY 2023–2025
Lines 2
FY 2025 Total $21.28M

Telehealth was the largest of Vsee Health, Inc.’s 2 reported lines in fiscal 2025, at $11.59M — 54% of $21.28M.

Vsee Health, Inc. revenue by segment, fiscal 2023 to 2025
Segment FY 2023 FY 2024 FY 2025
Technology $12.13M $12.35M $9.69M
Telehealth $3.62M $11.59M
Total $12.13M $15.97M $21.28M

Vsee Health, Inc. revenue by segment: what the figures show

In fiscal 2025, which ended December 31, 2025, the 2 segments Vsee Health, Inc. reported in this breakdown added up to $21.28M. That is less than the $43.85M in its breakdown by revenue line, so these segments do not account for all of its revenue that year. Telehealth was the largest segment, at $11.59M or 54.5% of the total, followed by Technology ($9.69M, 45.5%).

Compared with fiscal 2024, Telehealth grew the fastest, rising 219.9% to $11.59M. Technology fell the most, down 21.5% to $9.69M.

Telehealth was first reported as a separate segment in fiscal 2024. This breakdown covers every fiscal year from 2023 to 2025, as reported in Vsee Health, Inc.'s annual filings.

Questions

Vsee Health, Inc. Revenue Breakdown FAQ

How does Vsee Health, Inc. make money?

Vsee Health, Inc. (VSEE) breaks its revenue down by revenue line and segment. In fiscal 2025, its largest revenue line was Telehealth Fees, with $11.59M or 26.4% of the total, followed by Patient Fees at $10.13M (23.1%).

What is Vsee Health, Inc.'s largest revenue line?

Telehealth Fees was Vsee Health, Inc.'s largest revenue line in fiscal 2025, with $11.59M in revenue, 26.4% of the $43.85M reported across its 6 revenue lines.

What is Vsee Health, Inc.'s largest segment?

Telehealth was Vsee Health, Inc.'s largest segment in fiscal 2025, with $11.59M in revenue, 54.5% of the $21.28M reported across its 2 segments.

Which Vsee Health, Inc. revenue line is growing the fastest?

Of the Vsee Health, Inc. revenue lines reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Telehealth Fees grew the fastest, rising 284.9% from $3.01M to $11.59M.

Where does this revenue breakdown data come from?

Every figure is taken from Vsee Health, Inc.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.

How far back does Vsee Health, Inc.'s revenue breakdown go?

The breakdown by revenue line covers fiscal 2023 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.