Verses AI (VRSSF) Operating Expenses (2024 - 2025)
Verses AI (VRSSF) posted quarterly 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.
Analysis
Verses AI (VRSSF) Operating Expenses (2024 - 2025) Analysis & Trends
Verses AI (VRSSF) has reported Operating Expenses for 2 consecutive years, with $5.5 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Expenses fell 58.26% year-over-year to $5.5 million; the TTM figure through Dec 2025 stood at $32.7 million (down 3.48% YoY), while the FY2025 annual figure was $41.3 million, up 2.21% from the prior year.
- Operating Expenses retreated to $5.5 million in Q4 2025 per VRSSF's latest filing, from $9.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $13.3 million in Q4 2024 and bottomed at $5.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | 13.05 Bn |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | 726.59 Mn |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | 2.21 Bn |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | 1.13 Bn |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 953.90 Mn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | 705.21 Mn |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 1.44 Bn |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | 2.72 Bn |
| 10 | Verses AI | 3.30 Mn | 3.18 Mn | 125,380.00 | 5.53 Mn |
Historic Data
Download Data
Historic 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 |