Services-Health Services · SIC 8000

VSEE HEALTH, INC.

VSEE

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Latest revenue

$3.2M

as of 2026-03-31

Latest net income

as of 2026-03-31

Net margin

as of 2026-03-31

Price · 5Y

-60.9% / yr 74.7 pts / yr vs S&P 500 98.4% total
Compare:

Live market

delayed ≤15 min
$0.16
0.38%
Market cap
$7.8M
Enterprise value
$7.8M
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$2.52
52-wk low
$0.15
Beta
Shares out
48.6M

5-year trend

What this company does

AI

Item 1. Business Overview Through our wholly-owned subsidiary VSee Lab, we offer a comprehensive telehealth platform for U.S. hospitals and enterprises. Through VSee Lab, we offer a set of telehealth software building blocks, data connectors, and workflow templates that can be rapidly configured into the client’s workflows. Our offerings allow clinicians without programming experience to configure our building blocks into their existing workflow without requiring programmers — i.e. — no code. In addition, our building blocks allow programmers to increase their productivity with simple coding to piece together our building blocks — i.e. — low code. At the core of our platform is a…

AI summary unavailable — showing raw filing excerpt

Generated from VSEE's filing dated 2026-03-31

Key risks

AI

Item 1A. Risk Factors Risks Related to Our Operation of Business In connection with the preparation of our financial statements for the fiscal year ended December 31, 2024, we identified material weaknesses in our internal control over financial reporting and clinical trial expenses. If we fail to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results or prevent fraud. As a result, stockholders could lose confidence in our financial and other public reporting, which would harm our business and the trading price of our Common Stock and listed Warrants. If the interpretations, estimates or judgments we use to…

AI summary unavailable — showing raw filing excerpt

Generated from VSEE's filing dated 2026-03-31

Profitability

Gross margin

50.3%

26.9%

Operating margin

-65.6%

89.0%

Net margin

-553.7%

623.3%

Return on equity

36.0%

63.0%

Return on assets

-288.6%

10.4%

Leverage

Debt / equity

-1.11×

66.2%

Debt / assets

995.0%

592.5%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$3.2M-4.9%

Q4 2025

2025-12-31

$3.9M

Q3 2025

2025-09-30

$4.0M+18.7%

Q2 2025

2025-06-30

$3.4M+98.1%$-2.6M-691.9%-77.1%

Q1 2025

2025-03-31

$3.3M

Q4 2024

2024-12-31

$-4.7M

Q3 2024

2024-09-30

$3.4M+131.1%$-51.8M-66204.9%-1542.8%

Q2 2024

2024-06-30

$1.7M+32.7%$-330.0K-225.2%-19.3%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Services-Health Services · SIC 8000

No data yet for industry average

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Insider activity

Insider buying

$0

Insider selling

$0

Net activity

+$0

Distinct insiders

0

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns VSEE

Institutional value

$66.3K

Total shares held

385.1K

Distinct holders

6

-10 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1VANGUARD CAPITAL MANAGEMENT LLC213.7K$53.4KNew
2UBS Group AG35.2K$8.8K+7.9K (+28.8%)Added
3Wealthcare Advisory Partners LLC14.1K$3.5K+0 (+0.0%)No change
4VANGUARD FIDUCIARY TRUST CO2.2K$543New
5Cygnus Capital Advisors, LLC120.0K$30New
6SBI Securities Co., Ltd.1$0New

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once VSEE's latest filing finishes processing.