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

VSEE HEALTH, INC. is the larger business by last-quarter revenue ($3.9M vs $2.9M, roughly 1.4× KOSS CORP). KOSS CORP runs the higher net margin — -19.8% vs -200.0%, a 180.2% gap on every dollar of revenue. On growth, VSEE HEALTH, INC. posted the faster year-over-year revenue change (5.1% vs -19.6%). KOSS CORP produced more free cash flow last quarter ($-1.1M vs $-1.9M). Over the past eight quarters, VSEE HEALTH, INC.'s revenue compounded faster (55.6% CAGR vs 4.2%).

Koss Corporation is a company in Milwaukee, Wisconsin, US that manufactures headphones. The company created the first high-fidelity stereo headphones in 1958.

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.

KOSS vs VSEE — Head-to-Head

Bigger by revenue
VSEE
VSEE
1.4× larger
VSEE
$3.9M
$2.9M
KOSS
Growing faster (revenue YoY)
VSEE
VSEE
+24.7% gap
VSEE
5.1%
-19.6%
KOSS
Higher net margin
KOSS
KOSS
180.2% more per $
KOSS
-19.8%
-200.0%
VSEE
More free cash flow
KOSS
KOSS
$860.7K more FCF
KOSS
$-1.1M
$-1.9M
VSEE
Faster 2-yr revenue CAGR
VSEE
VSEE
Annualised
VSEE
55.6%
4.2%
KOSS

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
KOSS
KOSS
VSEE
VSEE
Revenue
$2.9M
$3.9M
Net Profit
$-565.4K
$-7.9M
Gross Margin
29.0%
46.7%
Operating Margin
-35.5%
-87.6%
Net Margin
-19.8%
-200.0%
Revenue YoY
-19.6%
5.1%
Net Profit YoY
-700.6%
-144.7%
EPS (diluted)
$-0.06
$-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
KOSS
KOSS
VSEE
VSEE
Q4 25
$2.9M
$3.9M
Q3 25
$4.1M
$4.0M
Q2 25
$3.1M
$3.4M
Q1 25
$2.8M
$3.3M
Q4 24
$3.6M
$3.7M
Q3 24
$3.2M
$3.4M
Q2 24
$2.9M
$1.7M
Q1 24
$2.6M
$1.6M
Net Profit
KOSS
KOSS
VSEE
VSEE
Q4 25
$-565.4K
$-7.9M
Q3 25
$243.7K
$-289.7K
Q2 25
$-232.7K
$-2.6M
Q1 25
$-316.7K
$-4.0M
Q4 24
$94.1K
$-3.2M
Q3 24
$-419.5K
$-53.9M
Q2 24
$-110.4K
$-634.1K
Q1 24
$-313.8K
$62.8K
Gross Margin
KOSS
KOSS
VSEE
VSEE
Q4 25
29.0%
46.7%
Q3 25
40.0%
52.1%
Q2 25
36.0%
46.9%
Q1 25
39.0%
56.0%
Q4 24
39.5%
63.8%
Q3 24
36.6%
83.0%
Q2 24
40.4%
45.4%
Q1 24
31.9%
76.2%
Operating Margin
KOSS
KOSS
VSEE
VSEE
Q4 25
-35.5%
-87.6%
Q3 25
-1.1%
-51.7%
Q2 25
-14.2%
-66.5%
Q1 25
-18.7%
-55.1%
Q4 24
-4.0%
-81.1%
Q3 24
-19.9%
-1737.8%
Q2 24
-11.0%
-54.5%
Q1 24
-23.1%
6.4%
Net Margin
KOSS
KOSS
VSEE
VSEE
Q4 25
-19.8%
-200.0%
Q3 25
6.0%
-7.3%
Q2 25
-7.5%
-77.1%
Q1 25
-11.4%
-119.2%
Q4 24
2.6%
-85.9%
Q3 24
-13.1%
-1607.5%
Q2 24
-3.8%
-37.0%
Q1 24
-11.9%
3.9%
EPS (diluted)
KOSS
KOSS
VSEE
VSEE
Q4 25
$-0.06
$-0.31
Q3 25
$0.03
$-0.02
Q2 25
$-0.02
$-0.16
Q1 25
$-0.03
$-0.24
Q4 24
$0.01
$-1.96
Q3 24
$-0.05
$-3.58
Q2 24
$-0.01
$-0.12
Q1 24
$-0.03
$0.01

Balance Sheet & Financial Strength

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

Metric
KOSS
KOSS
VSEE
VSEE
Cash + ST InvestmentsLiquidity on hand
$15.5M
$5.3M
Total DebtLower is stronger
$2.7M
Stockholders' EquityBook value
$30.3M
$5.5M
Total Assets
$36.8M
$22.4M
Debt / EquityLower = less leverage
0.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KOSS
KOSS
VSEE
VSEE
Q4 25
$15.5M
$5.3M
Q3 25
$16.5M
$472.8K
Q2 25
$15.7M
$291.6K
Q1 25
$13.0M
$410.1K
Q4 24
$9.7M
$326.1K
Q3 24
$11.9M
$2.3M
Q2 24
$14.9M
$1.1M
Q1 24
$9.9M
$724
Total Debt
KOSS
KOSS
VSEE
VSEE
Q4 25
$2.7M
Q3 25
$3.4M
Q2 25
$3.0M
Q1 25
$2.6M
Q4 24
$1.9M
Q3 24
$1.9M
Q2 24
$2.4M
Q1 24
Stockholders' Equity
KOSS
KOSS
VSEE
VSEE
Q4 25
$30.3M
$5.5M
Q3 25
$30.9M
$-5.6M
Q2 25
$30.6M
$-5.7M
Q1 25
$30.7M
$-3.5M
Q4 24
$31.0M
$-18.5K
Q3 24
$30.8M
$933.1K
Q2 24
$31.1M
$53.1M
Q1 24
$31.1M
$-13.2M
Total Assets
KOSS
KOSS
VSEE
VSEE
Q4 25
$36.8M
$22.4M
Q3 25
$37.7M
$18.7M
Q2 25
$37.2M
$18.2M
Q1 25
$37.3M
$19.4M
Q4 24
$37.4M
$20.0M
Q3 24
$38.1M
$22.3M
Q2 24
$37.2M
$78.6M
Q1 24
$37.6M
$1.4M
Debt / Equity
KOSS
KOSS
VSEE
VSEE
Q4 25
0.50×
Q3 25
Q2 25
Q1 25
Q4 24
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
KOSS
KOSS
VSEE
VSEE
Operating Cash FlowLast quarter
$-760.8K
$-1.9M
Free Cash FlowOCF − Capex
$-1.1M
$-1.9M
FCF MarginFCF / Revenue
-37.5%
-49.2%
Capex IntensityCapex / Revenue
10.9%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-546.7K
$-3.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KOSS
KOSS
VSEE
VSEE
Q4 25
$-760.8K
$-1.9M
Q3 25
$762.6K
$-754.5K
Q2 25
$-534.9K
$-324.6K
Q1 25
$370.4K
$-440.5K
Q4 24
$-252.0K
$-3.0M
Q3 24
$201.6K
$-221.0K
Q2 24
$-174.0K
$-3.2M
Q1 24
$328.6K
$579.3K
Free Cash Flow
KOSS
KOSS
VSEE
VSEE
Q4 25
$-1.1M
$-1.9M
Q3 25
$761.5K
$-761.8K
Q2 25
$-541.8K
$-328.2K
Q1 25
$306.2K
$-452.4K
Q4 24
$-314.3K
$-3.0M
Q3 24
$-155.6K
$-226.0K
Q2 24
$-174.8K
$-3.2M
Q1 24
$269.3K
$570.5K
FCF Margin
KOSS
KOSS
VSEE
VSEE
Q4 25
-37.5%
-49.2%
Q3 25
18.7%
-19.1%
Q2 25
-17.6%
-9.7%
Q1 25
11.0%
-13.6%
Q4 24
-8.8%
-79.8%
Q3 24
-4.9%
-6.7%
Q2 24
-6.0%
-187.6%
Q1 24
10.2%
35.2%
Capex Intensity
KOSS
KOSS
VSEE
VSEE
Q4 25
10.9%
0.2%
Q3 25
0.0%
0.2%
Q2 25
0.2%
0.1%
Q1 25
2.3%
0.4%
Q4 24
1.8%
0.1%
Q3 24
11.2%
0.1%
Q2 24
0.0%
2.1%
Q1 24
2.3%
0.5%
Cash Conversion
KOSS
KOSS
VSEE
VSEE
Q4 25
Q3 25
3.13×
Q2 25
Q1 25
Q4 24
-2.68×
Q3 24
Q2 24
Q1 24
9.23×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KOSS
KOSS

Segment breakdown not available.

VSEE
VSEE

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

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