Verses AI (VRSSF) Cost of Revenue (2024 - 2025)
Verses AI's Cost of Revenue was $292,552 in fiscal Q3 2026 (quarter ended Dec 31, 2025), up 315.0% from the prior quarter.
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Analysis
Verses AI (VRSSF) Cost of Revenue (2024 - 2025) Analysis & Trends
On a trailing twelve-month basis, Verses AI's Cost of Revenue was $1.03 million through Dec 31, 2025; for FY2025 (ended Mar 31, 2025), it came in at $631,691, down 62.8% from FY2024.
- In earlier fiscal years, Cost of Revenue was $1.7 million in FY2024.
- Quarterly Cost of Revenue has moved between $70,490 (fiscal Q2 2026) and $486,691 (fiscal Q4 2025) over five years.
- Per Business Quant data, VRSSF's Cost of Revenue in the three fiscal quarters before Q3 2026 was $70,490 (Q2 2026), $184,061 (Q1 2026) and $486,691 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 328.64 Bn | 313.71 Bn | 2.30 Bn | 1.11 Bn |
| 2 | CrowdStrike Holdings | 276.50 Bn | 256.94 Bn | 1.10 Bn | 374.00 Mn |
| 3 | Fortinet | 132.74 Bn | 118.67 Bn | 1.64 Bn | 404.70 Mn |
| 4 | Snowflake | 120.19 Bn | 107.50 Bn | 1.04 Bn | 510.08 Mn |
| 5 | Datadog | 99.51 Bn | 81.15 Bn | 881.34 Mn | 240.11 Mn |
| 6 | Okta | 35.35 Bn | 25.44 Bn | 641.00 Mn | 164.00 Mn |
| 7 | Axon Enterprise | 33.58 Bn | 28.10 Bn | 546.45 Mn | 357.94 Mn |
| 8 | Zscaler | 32.06 Bn | 18.18 Bn | - | - |
| 9 | MongoDB | 28.84 Bn | 19.30 Bn | 569.77 Mn | 202.01 Mn |
| 10 | Verses AI | 3.17 Mn | 3.17 Mn | 125,380.00 | 292,552.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 292,552.00 |
| Sep 30, 2025 | 70,490.00 |
| Jun 30, 2025 | 184,061.00 |
| Mar 31, 2025 | 486,691.00 |
| Sep 30, 2024 | 145,000.00 |
API Access
Verses AI Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VRSSF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "VRSSF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VRSSF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();