VSee Health Q1 FY26 net loss narrows 34% to $2.6 million; revenue falls 5% to $3.16 million
VSee Health, Inc. VSEE | 0.00 |
- VSee Health posted a net loss of $2.6 million for the three months ended March 31, 2026, narrowing 34% from the prior-year period as other income improved to $397,751 from a net expense position.
- Revenue slipped 5% to $3.16 million, while cost of revenues climbed 34% to $1.96 million, cutting gross margin by 18 percentage points to 38%.
- Telehealth fees more than doubled, rising 106% on the mid-2025 launch of a Teleradiology service, while patient fees increased 24% on geographic expansion of iDoc’s network.
- Operating expenses increased 13% to $4.17 million, with general and administrative costs up 20% to $2.4 million on higher bad debt expense and consulting costs.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VSee Health Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-26-001883), on May 15, 2026, and is solely responsible for the information contained therein.
