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Side-by-side financial comparison of EON Resources Inc. (EONR) and VSEE HEALTH, INC. (VSEE). Click either name above to swap in a different company.

EON Resources Inc. is the larger business by last-quarter revenue ($4.4M vs $3.9M, roughly 1.1× VSEE HEALTH, INC.). EON Resources Inc. runs the higher net margin — 128.9% vs -200.0%, a 328.8% gap on every dollar of revenue. On growth, VSEE HEALTH, INC. posted the faster year-over-year revenue change (5.1% vs -40.7%). Over the past eight quarters, VSEE HEALTH, INC.'s revenue compounded faster (55.6% CAGR vs -9.1%).

E.ON SE is a European multinational electric utility company based in Essen, Germany. It operates as one of the world's largest investor-owned electric utility service providers. The name originates from the Latin word aeon, derived from the Greek αἰών aion, which means age or "infinity", with the period being added to create secondary meanings of "energy" (E) and "illumination" (ON). The company is a component of the Euro Stoxx 50 stock market index, DAX stock index and a member of the Dow J...

VSEE HEALTH, INC. is a US-based telehealth technology firm offering HIPAA-compliant virtual care platforms, remote consultation tools, and chronic disease management solutions. It primarily serves healthcare providers, enterprise clients and nonprofits across North America and select global markets.

EONR vs VSEE — Head-to-Head

Bigger by revenue
EONR
EONR
1.1× larger
EONR
$4.4M
$3.9M
VSEE
Growing faster (revenue YoY)
VSEE
VSEE
+45.9% gap
VSEE
5.1%
-40.7%
EONR
Higher net margin
EONR
EONR
328.8% more per $
EONR
128.9%
-200.0%
VSEE
Faster 2-yr revenue CAGR
VSEE
VSEE
Annualised
VSEE
55.6%
-9.1%
EONR

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
EONR
EONR
VSEE
VSEE
Revenue
$4.4M
$3.9M
Net Profit
$5.6M
$-7.9M
Gross Margin
46.7%
Operating Margin
-40.4%
-87.6%
Net Margin
128.9%
-200.0%
Revenue YoY
-40.7%
5.1%
Net Profit YoY
316.8%
-144.7%
EPS (diluted)
$0.10
$-0.31

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EONR
EONR
VSEE
VSEE
Q4 25
$3.9M
Q3 25
$4.4M
$4.0M
Q2 25
$4.6M
$3.4M
Q1 25
$4.6M
$3.3M
Q4 24
$3.7M
$3.7M
Q3 24
$7.4M
$3.4M
Q2 24
$5.1M
$1.7M
Q1 24
$3.3M
$1.6M
Net Profit
EONR
EONR
VSEE
VSEE
Q4 25
$-7.9M
Q3 25
$5.6M
$-289.7K
Q2 25
$-1.3M
$-2.6M
Q1 25
$-1.8M
$-4.0M
Q4 24
$-5.1M
$-3.2M
Q3 24
$1.3M
$-53.9M
Q2 24
$-637.8K
$-634.1K
Q1 24
$-4.7M
$62.8K
Gross Margin
EONR
EONR
VSEE
VSEE
Q4 25
46.7%
Q3 25
52.1%
Q2 25
46.9%
Q1 25
56.0%
Q4 24
63.8%
Q3 24
83.0%
Q2 24
45.4%
Q1 24
76.2%
Operating Margin
EONR
EONR
VSEE
VSEE
Q4 25
-87.6%
Q3 25
-40.4%
-51.7%
Q2 25
-4.5%
-66.5%
Q1 25
-5.9%
-55.1%
Q4 24
-87.2%
-81.1%
Q3 24
27.0%
-1737.8%
Q2 24
-6.5%
-54.5%
Q1 24
-68.9%
6.4%
Net Margin
EONR
EONR
VSEE
VSEE
Q4 25
-200.0%
Q3 25
128.9%
-7.3%
Q2 25
-28.4%
-77.1%
Q1 25
-38.4%
-119.2%
Q4 24
-137.4%
-85.9%
Q3 24
18.3%
-1607.5%
Q2 24
-12.6%
-37.0%
Q1 24
-143.0%
3.9%
EPS (diluted)
EONR
EONR
VSEE
VSEE
Q4 25
$-0.31
Q3 25
$0.10
$-0.02
Q2 25
$-0.06
$-0.16
Q1 25
$-0.11
$-0.24
Q4 24
$-0.62
$-1.96
Q3 24
$0.24
$-3.58
Q2 24
$-0.12
$-0.12
Q1 24
$-0.90
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EONR
EONR
VSEE
VSEE
Cash + ST InvestmentsLiquidity on hand
$875.6K
$5.3M
Total DebtLower is stronger
$5.7M
$2.7M
Stockholders' EquityBook value
$60.9M
$5.5M
Total Assets
$89.5M
$22.4M
Debt / EquityLower = less leverage
0.09×
0.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EONR
EONR
VSEE
VSEE
Q4 25
$5.3M
Q3 25
$875.6K
$472.8K
Q2 25
$3.1M
$291.6K
Q1 25
$3.1M
$410.1K
Q4 24
$3.0M
$326.1K
Q3 24
$2.3M
Q2 24
$1.1M
Q1 24
$3.4M
$724
Total Debt
EONR
EONR
VSEE
VSEE
Q4 25
$2.7M
Q3 25
$5.7M
$3.4M
Q2 25
$43.4M
$3.0M
Q1 25
$43.1M
$2.6M
Q4 24
$44.1M
$1.9M
Q3 24
$44.6M
$1.9M
Q2 24
$44.7M
$2.4M
Q1 24
$45.5M
Stockholders' Equity
EONR
EONR
VSEE
VSEE
Q4 25
$5.5M
Q3 25
$60.9M
$-5.6M
Q2 25
$17.0M
$-5.7M
Q1 25
$11.3M
$-3.5M
Q4 24
$3.1M
$-18.5K
Q3 24
$-6.4M
$933.1K
Q2 24
$-6.9M
$53.1M
Q1 24
$-7.4M
$-13.2M
Total Assets
EONR
EONR
VSEE
VSEE
Q4 25
$22.4M
Q3 25
$89.5M
$18.7M
Q2 25
$106.0M
$18.2M
Q1 25
$103.9M
$19.4M
Q4 24
$102.7M
$20.0M
Q3 24
$103.2M
$22.3M
Q2 24
$101.9M
$78.6M
Q1 24
$100.3M
$1.4M
Debt / Equity
EONR
EONR
VSEE
VSEE
Q4 25
0.50×
Q3 25
0.09×
Q2 25
2.55×
Q1 25
3.82×
Q4 24
14.16×
Q3 24
2.08×
Q2 24
0.05×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EONR
EONR
VSEE
VSEE
Operating Cash FlowLast quarter
$-7.7M
$-1.9M
Free Cash FlowOCF − Capex
$-1.9M
FCF MarginFCF / Revenue
-49.2%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
-1.37×
TTM Free Cash FlowTrailing 4 quarters
$-3.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EONR
EONR
VSEE
VSEE
Q4 25
$-1.9M
Q3 25
$-7.7M
$-754.5K
Q2 25
$30.4K
$-324.6K
Q1 25
$-1.8M
$-440.5K
Q4 24
$-3.0M
Q3 24
$1.1M
$-221.0K
Q2 24
$1.1M
$-3.2M
Q1 24
$1.1M
$579.3K
Free Cash Flow
EONR
EONR
VSEE
VSEE
Q4 25
$-1.9M
Q3 25
$-761.8K
Q2 25
$-328.2K
Q1 25
$-452.4K
Q4 24
$-3.0M
Q3 24
$-226.0K
Q2 24
$-3.2M
Q1 24
$570.5K
FCF Margin
EONR
EONR
VSEE
VSEE
Q4 25
-49.2%
Q3 25
-19.1%
Q2 25
-9.7%
Q1 25
-13.6%
Q4 24
-79.8%
Q3 24
-6.7%
Q2 24
-187.6%
Q1 24
35.2%
Capex Intensity
EONR
EONR
VSEE
VSEE
Q4 25
0.2%
Q3 25
0.2%
Q2 25
0.1%
Q1 25
0.4%
Q4 24
0.1%
Q3 24
0.1%
Q2 24
2.1%
Q1 24
0.5%
Cash Conversion
EONR
EONR
VSEE
VSEE
Q4 25
Q3 25
-1.37×
Q2 25
Q1 25
Q4 24
Q3 24
0.81×
Q2 24
Q1 24
9.23×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EONR
EONR

Segment breakdown not available.

VSEE
VSEE

Professional Services And Other Fees$3.1M79%
Other$823.2K21%

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