VerifyMe (VRME) Gross Profit (2011 - 2026)
VerifyMe (VRME) posted quarterly Gross Profit of $960000.0 for Q1 2026, down 35.57% year-over-year from $1.5 million in Q1 2025, and down 17.74% quarter-over-quarter from $1.2 million in Q4 2025.
VerifyMe (VRME) Gross Profit (2011 - 2026) Analysis & Trends
VerifyMe's Gross Profit history runs 15 years deep, the most recent figure standing at $960000.0 for Q1 2026.
- In Q1 2026, Gross Profit fell 35.57% year-over-year to $960000.0; the TTM figure through Mar 2026 stood at $5.8 million (down 26.62% YoY), while the FY2025 annual figure was $6.3 million, down 27.03% from the prior year.
- Gross Profit for Q1 2026 stood at $960000.0, down from $1.2 million in the prior quarter.
- The five-year high for Gross Profit was $2.9 million in Q4 2023, with the low at $123000.0 in Q1 2022.
- The 5-year median for Gross Profit is $1.9 million (2022), against an average of $1.8 million.
- The sharpest annual moves came in 2022 and 2025: Gross Profit jumped 1619.39% in 2022, then sank 51.72% in 2025.
- VerifyMe's Gross Profit stood at $2.8 million in 2022, then grew by 1.7% to $2.9 million in 2023, then decreased by 15.87% to $2.4 million in 2024, then tumbled by 51.72% to $1.2 million in 2025, then retreated by 17.74% to $960000.0 in 2026.
- Business Quant data shows VRME's Gross Profit at $960000.0 in Q1 2026, $1.2 million in Q4 2025, and $2.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Allegion | 13.85 Bn | 13.53 Bn | 517.50 Mn |
| 2 | MSA Safety | 7.29 Bn | 7.09 Bn | 249.29 Mn |
| 3 | Adt | 5.21 Bn | 5.18 Bn | 1.05 Bn |
| 4 | Brinks | 4.68 Bn | 3.02 Bn | 366.10 Mn |
| 5 | Brady | 4.30 Bn | 4.13 Bn | 225.47 Mn |
| 6 | Geo | 4.15 Bn | 3.90 Bn | - |
| 7 | CoreCivic | 3.30 Bn | 3.19 Bn | - |
| 8 | Napco Security Technologies | 1.35 Bn | 1.22 Bn | 29.49 Mn |
| 9 | Evolv Technologies Holdings | 972.56 Mn | 909.93 Mn | 21.95 Mn |
| 10 | VerifyMe | 9.69 Mn | 9.69 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 960,000.00 |
| Mar 31, 2026 | 960,000.00 |
| Dec 31, 2025 | 1.17 Mn |
| Dec 31, 2025 | 1.17 Mn |
| Sep 30, 2025 | 2.07 Mn |
| Sep 30, 2025 | 2.07 Mn |
| Jun 30, 2025 | 1.59 Mn |
| Jun 30, 2025 | 1.59 Mn |
| Mar 31, 2025 | 1.49 Mn |
| Mar 31, 2025 | 1.49 Mn |
| Dec 31, 2024 | 2.42 Mn |
| Dec 31, 2024 | 2.42 Mn |
| Sep 30, 2024 | 1.90 Mn |
| Sep 30, 2024 | 1.90 Mn |
| Jun 30, 2024 | 2.09 Mn |
| Jun 30, 2024 | 2.09 Mn |
| Mar 31, 2024 | 2.26 Mn |
| Mar 31, 2024 | 2.26 Mn |
| Dec 31, 2023 | 2.87 Mn |
| Dec 31, 2023 | 2.87 Mn |