Verses AI (VRSSF) Cost of Revenue (2023 - 2025)
Verses AI (VRSSF) reported Cost of Revenue of $269675.0 for Q4 2025, down 37.67% year-over-year from $432639.0 in Q4 2024, and up 282.57% on a QoQ basis from $70490.0 in Q3 2025.
Verses AI (VRSSF) has 3 years of Cost of Revenue data on file, last reported at $269675.0 in Q4 2025.
- Quarterly Cost of Revenue fell 37.67% year-over-year to $269675.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $956865.0 (changed N/A YoY) and the FY2025 annual result came in at $631691.0, down 62.82% from the prior year.
- Cost of Revenue grew to $269675.0 in Q4 2025 per VRSSF's latest filing, from $70490.0 in the prior quarter.
- Across five years, Cost of Revenue topped out at $474632.0 in Q3 2023 and bottomed at $70490.0 in Q3 2025.
- The 3-year median for Cost of Revenue is $333085.5 (2023), against an average of $304665.5.
- The widest annual swing landed in 2024, when Cost of Revenue climbed 9.12%; it then slumped 37.67% in 2025.
- Tracing VRSSF's Cost of Revenue over 3 years: stood at $396496.0 in 2023, then grew by 9.12% to $432639.0 in 2024, then tumbled by 37.67% to $269675.0 in 2025.
- Per Business Quant, the three latest VRSSF Cost of Revenue figures stand at $269675.0 (Q4 2025), $70490.0 (Q3 2025), and $184061.0 (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 6.81 Bn |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 2.05 Bn |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 215.80 Mn |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 823.00 Mn |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | 463.58 Mn |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 636.30 Mn |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | 184.16 Mn |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 396.38 Mn |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | 69.00 Mn |
| 10 | Verses AI | - | - | 125,380.00 | 269,675.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 269,675.00 |
| Dec 31, 2025 | 269,675.00 |
| Sep 30, 2025 | 70,490.00 |
| Sep 30, 2025 | 70,490.00 |
| Jun 30, 2025 | 184,061.00 |
| Jun 30, 2025 | 184,061.00 |
| Dec 31, 2024 | 432,639.00 |
| Dec 31, 2024 | 432,639.00 |
| Dec 31, 2023 | 396,496.00 |
| Dec 31, 2023 | 396,496.00 |
| Sep 30, 2023 | 474,632.00 |
| Sep 30, 2023 | 474,632.00 |