VSee Health, Inc. (VSEEW) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 3.16M | 3.93M | 3.98M | 3.39M | 3.32M | 3.86M | 3.35M | 1.71M | 1.5M | 1.43M | 1.45M | 1.29M | 1.6M | 1.53M | 1.5M | 1.58M | 1.77M | 1.73M |
| Revenue Growth % | -4.86% | 1.72% | 18.67% | 98.07% | 122.03% | 170.28% | 131.11% | 32.66% | -6.28% | -6.66% | -3.11% | -18.15% | -10% | -11.71% | - | - | - | - |
| Cost of Goods Sold | 1.96M | 2.09M | 1.91M | 1.8M | 1.46M | 1.43M | 941.39K | 486.64K | 386.25K | 405.19K | 478.4K | 474.29K | 575.32K | 399.24K | 359.17K | 396.18K | 388.06K | 499.08K |
| COGS % of Revenue | 62.09% | 53.28% | 47.92% | 53.14% | 44% | 37.04% | 28.06% | 28.43% | 25.82% | 28.38% | 32.96% | 36.76% | 36.04% | 26.1% | 23.98% | 25.13% | 21.88% | 28.81% |
| Gross Profit | 1.2M | 1.83M | 2.07M | 1.59M | 1.86M | 2.43M | 2.41M | 1.22M | 1.11M | 1.02M | 973.07K | 815.94K | 1.02M | 1.13M | 1.14M | 1.18M | 1.39M | 1.23M |
| Gross Margin % | 37.91% | 46.72% | 52.08% | 46.86% | 56% | 62.96% | 71.94% | 71.57% | 74.18% | 71.62% | 67.04% | 63.24% | 63.96% | 73.9% | 76.02% | 74.87% | 78.12% | 71.19% |
| Gross Profit Growth % | -35.58% | -24.51% | -14.08% | 29.68% | 67.6% | 137.58% | 147.98% | 50.13% | 8.7% | -9.53% | -14.56% | -30.86% | -26.32% | -8.35% | - | - | - | - |
| Operating Expenses | 3.02M | 5.27M | 4.13M | 3.84M | 3.69M | 6.37M | 59.48M | 2.41M | 1.07M | 1.37M | 1.25M | 1.43M | 1.66M | 2.08M | 1.61M | 1.56M | 1.26M | 1.99M |
| OpEx % of Revenue | 95.61% | 134.33% | 103.77% | 113.37% | 111.13% | 165.05% | 1773.15% | 140.71% | 71.61% | 96.2% | 85.94% | 110.61% | 103.87% | 135.99% | 107.75% | 98.96% | 71.09% | 114.97% |
| Selling, General & Admin | 3.02M | 5.27M | 4.13M | 3.29M | 2.93M | 5.54M | 3.85M | 1.43M | 1.04M | 925.66K | 518.08K | 1.41M | 707.59K | 1.92M | 1.61M | 1.53M | 1.25M | 1.99M |
| SG&A % of Revenue | 95.61% | 134.33% | 103.77% | 97.07% | 88.18% | 143.53% | 114.74% | 83.4% | 69.85% | 64.83% | 35.69% | 109.36% | 44.33% | 125.28% | 107.15% | 96.85% | 70.52% | 114.97% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 552.5K | 762.32K | 830.56K | 1000K | 980.81K | 26.34K | 448.04K | 729.34K | 16.06K | 950.5K | 163.74K | 8.99K | 33.29K | 10K | 0 |
| Operating Income | -1.82M | -3.44M | -2.06M | -2.25M | -1.83M | -3.94M | -57.07M | -1.18M | 38.48K | -350.96K | -274.36K | -611.13K | -637.14K | -949.77K | -475.21K | -379.85K | 124.79K | -758.42K |
| Operating Margin % | -57.69% | -87.61% | -51.69% | -66.51% | -55.14% | -102.09% | -1701.21% | -69.14% | 2.57% | -24.58% | -18.9% | -47.37% | -39.91% | -62.09% | -31.72% | -24.1% | 7.04% | -43.77% |
| Operating Income Growth % | 0.44% | 12.71% | 96.39% | -90.54% | -4859.27% | -1022.6% | -20700.02% | -93.63% | 106.04% | 63.05% | 42.27% | -60.89% | -610.58% | -25.23% | - | - | - | - |
| EBITDA | -1.17M | -2.79M | -1.39M | -1.59M | -1.16M | -3.27M | -56.42M | -1.18M | 39.1K | -350.68K | -274.17K | -610.97K | -637.1K | -163.74K | -8.99K | -33.29K | 134.79K | 0 |
| EBITDA Margin % | -37.16% | -71.09% | -34.88% | -46.78% | -35.04% | -84.68% | -1681.84% | -69.05% | 2.61% | -24.56% | -18.89% | -47.35% | -39.91% | -10.7% | -0.6% | -2.11% | 7.6% | - |
| EBITDA Growth % | -0.9% | 14.6% | 97.54% | -34.18% | -3076.59% | -831.96% | -20477.55% | -93.44% | 106.14% | -114.17% | -2948.65% | -1735.08% | -572.67% | - | - | - | - | - |
| D&A (Non-Cash Add-back) | 649.04K | 648.22K | 669.11K | 668.89K | 667.56K | 671.71K | 649.67K | 1.47K | 618 | 283 | 191 | 157 | 47 | 786.03K | 466.21K | 346.55K | 0 | 758.42K |
| EBIT | -2.69M | -6.72M | 466.12K | -2.37M | -3.22M | -3.11M | -1.44M | -202.53K | 64.82K | -330.57K | -265.29K | -595.07K | -595.86K | -786.03K | -466.21K | -346.55K | 134.79K | -625.31K |
| Net Interest Income | 113.1K | -1.08M | -755.87K | -240.58K | -730.66K | 0 | -232.08K | -349.69K | -116.43K | -1.64M | -80.09K | -79.86K | -57.86K | 326.51K | 391.63K | 62.7K | 15.82K | 1.97K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.85K | 56.91K | 104.41K | 0 | 75.28K | 452.49K | 391.63K | 62.7K | 15.82K | 1.97K |
| Interest Expense | -113.1K | 1.08M | 755.87K | 240.58K | 730.66K | 0 | 232.08K | 349.69K | 134.28K | 1.7M | 184.51K | 79.86K | 133.14K | 125.98K | 0 | 0 | 0 | 0 |
| Other Income/Expense | -753.27K | -4.36M | 1.77M | -354.06K | -2.11M | -529.48K | 4.76M | -1.42M | -9.31K | 38.13K | -57.94K | 8.15K | -1.72K | -15.09K | 75K | 3 | 0 | 133.11K |
| Pretax Income | -2.58M | -7.8M | -289.75K | -2.61M | -3.95M | -4.47M | -52.3M | -2.6M | 29.17K | -312.83K | -332.3K | -602.98K | -638.86K | -964.86K | -400.2K | -379.84K | 124.79K | -625.31K |
| Pretax Margin % | -81.53% | -198.68% | -7.28% | -76.95% | -118.8% | -115.81% | -1559.18% | -152.09% | 1.95% | -21.91% | -22.89% | -46.73% | -40.02% | -63.07% | -26.72% | -24.1% | 7.04% | -36.09% |
| Income Tax | 23.74K | 50.44K | 0 | 4.48K | 13.51K | 1.15M | -550.03K | -2.24M | 0 | 2.43M | -233.72K | -174.4K | -182.84K | -512.52K | -111.99K | -105.14K | 35.29K | -174.98K |
| Effective Tax Rate % | -0.92% | -0.65% | 0% | -0.17% | -0.34% | -25.69% | 1.05% | 86.1% | 0% | -776.6% | 70.33% | 28.92% | 28.62% | 53.12% | 27.98% | 27.68% | 28.28% | 27.98% |
| Net Income | -2.6M | -7.85M | -289.75K | -2.61M | -3.96M | -5.62M | -51.75M | -329.98K | -2.81K | -2.78M | -111.05K | -424.61K | -451.25K | -457.19K | -269.27K | -258.89K | 149.15K | -252.66K |
| Net Margin % | -82.28% | -199.96% | -7.28% | -77.09% | -119.21% | -145.56% | -1542.78% | -19.28% | -0.19% | -194.41% | -7.65% | -32.91% | -28.27% | -29.89% | -17.98% | -16.42% | 8.41% | -14.58% |
| Net Income Growth % | 34.33% | -39.74% | 99.44% | -691.95% | -140755.21% | -102.36% | -46503.68% | 22.29% | 99.38% | -507.19% | 58.76% | -64.01% | -402.55% | -80.95% | - | - | - | - |
| Net Income (Continuing) | -2.6M | -7.85M | -289.75K | -2.61M | -3.96M | -5.62M | -51.75M | -361.96K | 29.17K | -2.74M | -98.58K | -428.58K | -456.02K | -452.33K | -288.21K | -274.71K | 89.5K | -450.33K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -293.3K | -325.28K | -359.03K | 0 | -367.52K | -362.75K | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.05 | -0.31 | -0.02 | -0.16 | -0.24 | -0.36 | -3.43 | -0.06 | -0.00 | -0.28 | -0.01 | -0.04 | -0.05 | -0.05 | -0.03 | -0.03 | 0.01 | -0.03 |
| EPS Growth % | 79.17% | 13.89% | 99.49% | -157.23% | - | -28.57% | -30800.9% | -46.35% | 99.33% | -512.69% | 58.74% | -64.09% | -402.68% | -78.52% | - | - | - | - |
| EPS (Basic) | -0.05 | -0.31 | -0.02 | -0.16 | -0.24 | -0.36 | -3.43 | -0.06 | -0.00 | -0.28 | -0.01 | -0.04 | -0.05 | -0.05 | -0.03 | -0.03 | 0.01 | -0.03 |
| Diluted Shares Outstanding | 47.9M | 20.14M | 16.55M | 16.42M | 16.31M | 15.8M | 15.08M | 5.3M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 9.88M |
| Basic Shares Outstanding | 47.9M | 20.14M | 16.55M | 16.42M | 16.31M | 15.8M | 15.08M | 5.3M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 9.88M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |