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VSEE logoVSee Health, Inc. (VSEE) Earnings History

Annual and quarterly earnings data from 2020 to 2024

TTM Net Income
-$12M
Net Loss
TTM EPS
$-0.75
Diluted
YoY EPS Growth
-1386.8%
Declining
Net Margin
-553.7%
Profitability
Operating Margin-596.4%
Gross Margin68.9%
ROEN/A
ROA-554.9%
Highest Annual Net Income$475,898 (2021)
Highest Quarterly EPS$0.01 (Q1 2022)
Consecutive Profitable Years0 years
Q3 2025
Net Income-$289,745
EPS$-0.02
QoQ Growth+88.9%Excellent

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VSEE EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
N/A
N/M
3-Year
N/A
N/M
5-Year
N/A
N/M
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

VSEE Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202468.9%-596.4%-553.7%
202366.5%-32.5%-65.3%
202275.8%-26.3%-13.1%
202180.7%3.4%6.5%
202080.3%5.9%3.8%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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VSee Health, Inc. (VSEE) Earnings Overview

As of May 8, 2026, VSee Health, Inc. (VSEE) reported trailing twelve-month net income of -$12M, reflecting -1386.8% year-over-year growth. The company earned $-0.75 per diluted share over the past four quarters, with a net profit margin of -553.7%.

Looking at the long-term picture, VSEE's historical earnings data spans multiple years. The company achieved its highest annual net income of $475,898 in fiscal 2021.

VSee Health, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →

Compared to peers including TDOC (-$171M net income, -7.9% margin), AMWL (-$88M net income, -38.4% margin), OPRX ($5M net income, 4.7% margin), VSEE has room to improve margins relative to the peer group. Compare VSEE vs TDOC →

VSEE Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
VSEE logoVSEECurrent
-$12M$-0.75-553.7%--1386.8%—
TDOC logoTDOC
-$171M$-0.96-7.9%-13.9%+80.6%
AMWL logoAMWL
-$88M$-5.30-38.4%-33.9%+57.1%
OPRX logoOPRX
$5M$0.264.7%4.2%+124.5%
TALK logoTALK
$8M$0.043.4%6.6%-
DOCS logoDOCS
$239M$1.2039.1%22.5%+54.2%
Best in group
Lowest in group

VSEE Historical Earnings Data (2020–2024)

5 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2024-$58M-1433.4%-$62M$-5.65-553.7%-596.4%
2023-$4M-350.0%-$2M$-0.38-65.3%-32.5%
2022$-836,205-275.7%-$2M$-0.08-13.1%-26.3%
2021$475,898+83.8%$252,280$0.056.5%3.4%
2020$258,877-$404,498$0.033.8%5.9%

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Is VSEE Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare VSEE vs DBVT

Side-by-side business, growth, and profitability comparison vs DBV Technologies S.A..

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VSEE — Frequently Asked Questions

Quick answers to the most common questions about buying VSEE stock.

Is VSEE growing earnings?

VSEE EPS fell to $-0.75, with earnings declining -1386.8%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-12M.

What are VSEE's profit margins?

VSee Health, Inc. net margin is -553.7%, with operating margin at -596.4%. Below-average margins reflect competitive or cost pressures.

How consistent are VSEE's earnings?

VSEE earnings data spans 2020-2024. The declining earnings trend is -1386.8% YoY. Historical data enables comparison across business cycles.

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VSEE Earnings Over Time (2020–2024)

Net income and EPS trends