VisionSys AI Inc (VSA) Gross margin 2019–2025
VisionSys AI Inc (VSA) gross margin by fiscal year — reported gross profit divided by reported revenue.
22.1%FY2025 · since FY2019: 42.8% → 22.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 22.1% | -14.0 pp |
| FY2024 | 36.2% | -9.2 pp |
| FY2023 | 45.4% | -11.8 pp |
| FY2022 | 57.2% | +7.6 pp |
| FY2021 | 49.7% | +5.9 pp |
| FY2020 | 43.8% | +1.0 pp |
| FY2019 | 42.8% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice