Vsee Health VSEE Revenue Breakdown

OTC VSEE
$2.10 -0.15 (-6.67%)
At close: Oct 1, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Vsee Health, fiscal 2023 to 2025, as reported in its filings.
Annual history

Vsee Health Revenue by Product & Service

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

Telehealth Fees was Vsee Health’s largest product and service line in fiscal 2025, bringing in $11.59M of $43.85M (26%).

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

Vsee Health brought in $43.85M from its six product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 40.3% from $31.26M in fiscal 2024. Telehealth Fees was the largest at $11.59M (26.4%), ahead of Patient Fees at $10.13M (23.1%) and Subscription Fees at $9.69M (22.1%). The other three lines brought in $12.44M combined.

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

Vsee Health began breaking out Telehealth Fees in fiscal 2024, Patient Fees in fiscal 2024 and Institutional Fees in fiscal 2024.

Annual history

Vsee Health 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 Vsee Health’s largest revenue line in fiscal 2025, bringing in $31.04M of $43.85M (71%).

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

Vsee Health brought in $43.85M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 40.3% from $31.26M in fiscal 2024. Transferred At Point In Time was the largest at $31.04M (70.8%), ahead of Transferred Over Time at $12.82M (29.2%).

Compared with fiscal 2024, Transferred At Point In Time grew 95.5% to $31.04M, while Transferred Over Time fell 16.7% to $12.82M.

Annual history

Vsee Health Revenue by Segment

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

Telehealth was Vsee Health’s largest segment in fiscal 2025, bringing in $11.59M of $21.28M (54%).

Vsee Health 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 revenue by segment: what the figures show

Vsee Health brought in $21.28M from its two segments in fiscal 2025, the year ended December 31, 2025. That is less than the $43.85M it reports by product and service, so these segments do not cover all of its revenue. Telehealth was the largest at $11.59M (54.5%), ahead of Technology at $9.69M (45.5%).

Compared with fiscal 2024, Telehealth grew 219.9% to $11.59M, while Technology fell 21.5% to $9.69M.

Vsee Health began breaking out Telehealth in fiscal 2024, when it brought in $3.62M.

Questions

Vsee Health Revenue Breakdown FAQ

How does Vsee Health make money?

Vsee Health (VSEE) reports its revenue by product and service, by timing of transfer of good or service and by segment. In fiscal 2025, Telehealth Fees was its largest product and service line, bringing in $11.59M (26.4% of the total), followed by Patient Fees at $10.13M (23.1%).

What is Vsee Health's largest product and service line?

Telehealth Fees was Vsee Health's largest product and service line in fiscal 2025, bringing in $11.59M, or 26.4% of the $43.85M total across its six product and service lines.

What is Vsee Health's largest revenue line?

Transferred At Point In Time was Vsee Health's largest revenue line in fiscal 2025, bringing in $31.04M, or 70.8% of the $43.85M total across its two revenue lines.

What is Vsee Health's largest segment?

Telehealth was Vsee Health's largest segment in fiscal 2025, bringing in $11.59M, or 54.5% of the $21.28M total across its two segments.

Which Vsee Health product and service line is growing the fastest?

Among Vsee Health's product and service lines that make up at least 2% of revenue, Telehealth Fees grew fastest in fiscal 2025, up 284.9% from $3.01M to $11.59M.

Where does this revenue breakdown data come from?

Every figure comes from Vsee Health's annual financial filings, as reported. Each line keeps the name Vsee Health gives it, and years follow its fiscal calendar.

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

Vsee Health's revenue by product and service goes back to fiscal 2023, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.