Verses AI (VRSSF) Operating Income (2023 - 2025)
Verses AI (VRSSF) reported Operating Income of -$5.4 million for Q4 2025, up 59.2% year-over-year from -$3.4 million in Q4 2024, and up 43.78% on a QoQ basis from -$9.6 million in Q3 2025.
Verses AI (VRSSF) has 3 years of Operating Income data on file, last reported at -$5.4 million in Q4 2025.
- Quarterly Operating Income rose 59.2% year-over-year to -$5.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$38.2 million (down 0.95% YoY) and the FY2025 annual result came in at -$41.8 million, down 4.08% from the prior year.
- Operating Income improved to -$5.4 million in Q4 2025 per VRSSF's latest filing, from -$9.6 million in the prior quarter.
- Across five years, Operating Income topped out at -$2.7 million in Q3 2023 and bottomed at -$13.3 million in Q4 2024.
- The 3-year median for Operating Income is -$9.7 million (2025), against an average of -$8.2 million.
- The widest annual swing landed in 2024, when Operating Income tumbled 277.72%; it then jumped 59.2% in 2025.
- Tracing VRSSF's Operating Income over 3 years: stood at -$4.0 million in 2023, then tumbled by 232.6% to -$13.3 million in 2024, then jumped by 59.2% to -$5.4 million in 2025.
- Per Business Quant, the three latest VRSSF Operating Income figures stand at -$5.4 million (Q4 2025), -$9.6 million (Q3 2025), and -$9.9 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 38.40 Bn |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 5.46 Bn |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 754.00 Mn |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 397.00 Mn |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | 13.79 Mn |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 580.00 Mn |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | -61.99 Mn |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 203.05 Mn |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | -144.00 Mn |
| 10 | Verses AI | - | - | 125,380.00 | -5.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -5.41 Mn |
| Sep 30, 2025 | -9.62 Mn |
| Jun 30, 2025 | -9.87 Mn |
| Dec 31, 2024 | -13.26 Mn |
| Sep 30, 2024 | -10.26 Mn |
| Jun 30, 2024 | -10.30 Mn |
| Dec 31, 2023 | -3.99 Mn |
| Sep 30, 2023 | -2.72 Mn |