NASDAQ · Real estate

VisionSys AI Inc (VSA)

VisionSys AI Inc reported revenue of $149K in fiscal 2025, down 99.9% from a year earlier. Net income was $245.8M, a net margin of 164,963.8%. In fiscal 2025 capital spending exceeded operating cash flow by $37.8M. At December 31, 2025 it held $7.9M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on May 11, 2026.

Revenue (FY2025)

$149K

-99.9% year on year

Net margin

164,963.8%

What VisionSys AI Inc does

VisionSys AI Inc is registered with the SEC under industry code SIC 8200 (Services-Educational Services). Its shares trade on NASDAQ under the ticker VSA.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2025	$149K	-$5.7M	$245.8M	n/a	-$37.8M
2024	$160.4M	-$69.4M	-$80.4M	n/a	n/a
2023	$193.7M	$1.9M	$1.3M	n/a	n/a
2022	$357.8M	$13.5M	$12.1M	$1.05	n/a
2021	$374.5M	-$57.9M	-$74.5M	-$1.32	n/a
2020	$290.9M	-$123.6M	-$117.5M	-$2.16	n/a

Full financial statements: income, balance sheet and cash flow

Where VSA ranks in Real estate

Revenue$149K

#194 of 195 in Real estate · Bottom 1%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Real estate

Latest SEC filings

What VisionSys AI Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

July 10, 2026
Foreign issuer update 6-K
July 1, 2026
Foreign issuer update 6-K
June 5, 2026
Foreign issuer update 6-K
May 11, 2026
Annual report (foreign issuer) 20-F · period to December 31, 2025Revenue fell 100% to $149K versus the prior year; net income of $245.8M versus a net loss of $80.4M.
May 5, 2026
Form F-6 POS filing F-6 POS
April 30, 2026
Form NT 20-F filing NT 20-F
April 21, 2026
Foreign issuer update 6-K
April 16, 2026
Securities offering prospectus 424B5
April 2, 2026
Foreign issuer update 6-K
March 31, 2026
Securities offering prospectus 424B5

All filings on SEC EDGAR

Questions about VSA

What does VisionSys AI Inc do?

VisionSys AI Inc is registered with the SEC under industry code SIC 8200 (Services-Educational Services). Its shares trade on NASDAQ under the ticker VSA.

Is VisionSys AI Inc profitable?

Yes. In fiscal 2025 it reported net income of $245.8M on revenue of $149K, a net margin of 164,963.8%.

How much revenue does VisionSys AI Inc make?

In fiscal 2025 VisionSys AI Inc reported revenue of $149K. That is 99.9% less than a year earlier.

When did VisionSys AI Inc last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on May 11, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from July 10, 2026.

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Where the numbers come from

Financial figures are the values VisionSys AI Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.