Filing Flows › Vsee Health (VSEE) › Q2 2026 › vs Q1 2026
Vsee Health (VSEE) Q2 2026 vs Q1 2026 (quarter over quarter)
Vsee Health's revenue fell $1.6M (-51%) from $3.2M in Q1 2026 to $1.6M in Q2 2026. The biggest changes: Health Care, Patient Service −$280K (-32%); Telehealth Fees −$37K (-4%).
Vsee Health, Q2 2026: revenue $1.6M (-54% year over year), operating margin -172.7%, net loss $1.7M, operating cash flow −$1.2M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Telehealth Fees | $961K | $998K | −$37K | -4% |
| Health Care, Patient Service | $601K | $881K | −$280K | -32% |
| Revenue | $1.6M | $3.2M | −$1.6M | -51% |
| Other income, net | $935K | $398K | $538K | +135% |
| Income tax benefit | $18K | −$24K | $42K | — |
| Net loss | $1.7M | $2.6M | −$856K | -33% |
| Costs & expenses | $4.3M | $6.2M | −$1.9M | -31% |
| Operating costs | $4.3M | $6.1M | −$1.9M | -31% |
| Cost of revenue | $1.4M | $2.0M | −$606K | -31% |
| General & admin | $2.3M | $2.4M | −$186K | -8% |
| Other operating costs | $649K | $1.7M | −$1.1M | -63% |
| Operating cash sources | $2.0M | $3.5M | −$1.5M | -43% |
| Depreciation & amortization | $640K | $647K | −$6K | -1% |
| Share-based compensation | $203K | $441K | −$239K | -54% |
| Cash used in operations | $1.2M | $2.5M | −$1.3M | -52% |
| Net loss absorbed | $1.7M | $2.6M | −$856K | -33% |
| Working capital & other | $272K | $940K | −$667K | -71% |
Questions
How much did Vsee Health's revenue grow quarter over quarter in Q2 2026?
Vsee Health's revenue fell $1.6M (-51%) from $3.2M in Q1 2026 to $1.6M in Q2 2026.
What drove Vsee Health's revenue change in Q2 2026?
Health Care, Patient Service −$280K (-32%); Telehealth Fees −$37K (-4%).