Versus Systems (VS) Cost of Revenue (2023 - 2025)
Versus Systems (VS) posted quarterly Cost of Revenue of $8222.0 for Q2 2025, down 49.34% year-on-year from $16231.0 in Q2 2024, and little changed on a QoQ basis from $8223.0 in Q1 2025.
Versus Systems (VS) Cost of Revenue (2023 - 2025) Analysis & Trends
Versus Systems (VS) has reported Cost of Revenue for 3 consecutive years, with $8222.0 the latest figure, recorded in Q2 2025.
- Quarterly Cost of Revenue fell 49.34% year-over-year to $8222.0 in Q2 2025, while the trailing twelve-month figure through Mar 2026 was $8222.0 (down 66.38% YoY) and the FY2025 annual result came in at $16446.0, down 59.17% from the prior year.
- Cost of Revenue held at $8222.0 in Q2 2025 per VS's latest filing, from $8223.0 in the prior quarter.
- Over the last five years, Cost of Revenue for VS reached as high as $32357.0 in Q2 2023 and fell as low as $8222.0 in Q2 2025.
- A 3-year average of $19973.6 and a median of $23570.0 in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2024 — Cost of Revenue advanced 2.02% — and 2025, when it tumbled 65.8%.
- Year by year, Cost of Revenue stood at $23570.0 in 2023, then plunged by 31.14% to $16231.0 in 2024, then tumbled by 49.34% to $8222.0 in 2025.
- According to Business Quant data, Cost of Revenue over the past three periods registered $8222.0, $8223.0, and $16231.0 for Q2 2025, Q1 2025, and Q2 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | Versus Systems | 6.76 Mn | 6.34 Mn | 17,300.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 8,222.00 |
| Jun 30, 2025 | 8,222.00 |
| Mar 31, 2025 | 8,223.00 |
| Mar 31, 2025 | 8,223.00 |
| Jun 30, 2024 | 16,231.00 |
| Jun 30, 2024 | 16,231.00 |
| Mar 31, 2024 | 24,046.00 |
| Mar 31, 2024 | 24,046.00 |
| Dec 31, 2023 | 23,570.00 |
| Dec 31, 2023 | 23,570.00 |
| Sep 30, 2023 | 23,570.00 |
| Sep 30, 2023 | 23,570.00 |
| Jun 30, 2023 | 32,357.00 |
| Jun 30, 2023 | 32,357.00 |
| Mar 31, 2023 | 23,570.00 |
| Mar 31, 2023 | 23,570.00 |