Verses AI (VRSSF) Operating Expenses (2024 - 2025)
Verses AI (VRSSF) reported Operating Expenses of $5.5 million for Q4 2025, down 58.26% year-over-year from $13.3 million in Q4 2024, and down 42.66% quarter-over-quarter from $9.7 million in Q3 2025.
Verses AI (VRSSF) Operating Expenses (2024 - 2025) Analysis & Trends
Verses AI (VRSSF) has 2 years of Operating Expenses data on file, last reported at $5.5 million in Q4 2025.
- Operating Expenses for Q4 2025 came in at $5.5 million, down 58.26% year-over-year; the trailing twelve-month figure through Dec 2025 was $32.7 million (down 3.48% YoY), and the FY2025 annual result was $41.3 million, up 2.21% from the prior year.
- Operating Expenses eased to $5.5 million in Q4 2025 per VRSSF's latest filing, from $9.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $13.3 million in Q4 2024 and troughed at $5.5 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,819.83 Bn | 2,741.56 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Alarum Technologies | 1,056.91 Bn | 1,042.76 Bn | 7.23 Mn | 6.42 Mn |
| 3 | Oracle | 530.68 Bn | 492.11 Bn | 15.14 Bn | 11.73 Bn |
| 4 | Palantir Technologies | 306.85 Bn | 298.93 Bn | 1.42 Bn | 662.79 Mn |
| 5 | Palo Alto Networks | 199.03 Bn | 194.49 Bn | 1.91 Bn | 1.51 Bn |
| 6 | CrowdStrike Holdings | 170.56 Bn | 167.51 Bn | 993.68 Mn | 979.89 Mn |
| 7 | Fortinet | 106.91 Bn | 103.62 Bn | 1.49 Bn | 905.10 Mn |
| 8 | Synopsys | 86.43 Bn | 86.31 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Cloudflare | 79.42 Bn | 78.48 Bn | 455.60 Mn | 517.59 Mn |
| 10 | Verses AI | - | - | 125,380.00 | 5.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.53 Mn |
| Sep 30, 2025 | 9.65 Mn |
| Jun 30, 2025 | 9.99 Mn |
| Mar 31, 2025 | 7.47 Mn |
| Dec 31, 2024 | 13.26 Mn |
| Sep 30, 2024 | 10.27 Mn |
| Jun 30, 2024 | 10.30 Mn |