Versus Systems VS
NASDAQ VS
$1.24 +0.04 (+3.33%)
At close: Sep 4, 2026 · 4:00 PM EDT

Versus Systems (VS) Cost of Revenue (2023 - 2026)

Versus Systems' (VS) quarterly Cost of Revenue came in at -$1.5 million in Q2 2026, down 18161.3% on a YoY basis from N/an in Q2 2025, and down 18161.3% quarter-over-quarter from $8222.0 in Q2 2025.

Analysis

Versus Systems (VS) Cost of Revenue (2023 - 2026) Analysis & Trends

Versus Systems (VS) has reported Cost of Revenue for 4 consecutive years, with -$1.5 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue fell 18161.3% year-over-year to -$1.5 million; the trailing twelve-month figure through Jun 2026 stood at -$1.5 million (down 9130.1% YoY), and the FY2025 full-year result was $16446.0, down 59.17% from the prior year.
  • Cost of Revenue declined to -$1.5 million in Q2 2026 per VS's latest filing, from $8222.0 in the prior quarter.
  • Across five years, Cost of Revenue topped out at $32357.0 in Q2 2023 and bottomed at -$1.5 million in Q2 2026.
  • Historically, Cost of Revenue has averaged -$147245.7 across 4 years, with a median of $23570.0 in 2023.
  • The sharpest annual moves came in 2024 and 2026: Cost of Revenue advanced 2.02% in 2024, then slumped 18161.3% in 2026.
  • Over 4 years, Cost of Revenue stood at $23570.0 in 2023, then sank by 31.14% to $16231.0 in 2024, then plunged by 49.34% to $8222.0 in 2025, then plunged by 18161.3% to -$1.5 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered -$1.5 million, $8222.0, and $8223.0 for Q2 2026, Q2 2025, and Q1 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Zeta Global Holdings 7.10 Bn 6.79 Bn 261.77 Mn 181.00 Mn
2 Klaviyo 5.52 Bn 4.69 Bn 269.10 Mn 101.47 Mn
3 Braze 3.60 Bn 3.21 Bn 138.66 Mn 72.34 Mn
4 LiveRamp Holdings 2.30 Bn 1.92 Bn 150.94 Mn 63.04 Mn
5 Sharplink 865.57 Mn 809.37 Mn 11.27 Mn 258,000.00
6 Sprout Social 688.23 Mn 568.30 Mn 96.09 Mn 27.76 Mn
7 Yext 645.34 Mn 558.52 Mn 83.84 Mn 27.27 Mn
8 TechTarget 292.93 Mn 247.11 Mn 64.48 Mn 51.67 Mn
9 Marchex 69.04 Mn 60.89 Mn 6.60 Mn 4.40 Mn
10 Versus Systems 6.15 Mn -3.50 Mn 1.49 Mn -1.49 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.49 Mn
Jun 30, 2025 8,222.00
Mar 31, 2025 8,223.00
Jun 30, 2024 16,231.00
Mar 31, 2024 24,046.00
Dec 31, 2023 23,570.00
Sep 30, 2023 23,570.00
Jun 30, 2023 32,357.00
Mar 31, 2023 23,570.00