Versus Systems (VS) Cost of Revenue (2020 - 2025)
Versus Systems 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) has 6 years of Cost of Revenue data on file, last reported at $8222.0 in Q2 2025.
- For the quarter ending Q2 2025, Cost of Revenue fell 49.34% year-over-year to $8222.0; the trailing twelve-month figure through Mar 2026 stood at $8222.0 (down 66.38% YoY), and the FY2025 full-year result was $16446.0, down 59.17% from the prior year.
- Cost of Revenue for Q2 2025 stood at $8222.0, roughly flat from $8223.0 in the prior quarter.
- Across five years, Cost of Revenue topped out at $521781.0 in Q2 2021 and bottomed at $8222.0 in Q2 2025.
- The 5-year median for Cost of Revenue is $26820.0 (2022), against an average of $104228.1.
- The widest annual swing landed in 2021, when Cost of Revenue surged 2478.73%; it then tumbled 95.42% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $59110.0 in 2021, then jumped by 770.51% to $514560.0 in 2022, then sank by 95.42% to $23570.0 in 2023, then slumped by 31.14% to $16231.0 in 2024, then sank by 49.34% to $8222.0 in 2025.
- The last three Cost of Revenue figures came in at $8222.0 (Q2 2025), $8223.0 (Q1 2025), and $16231.0 (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 4.02 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.62 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 940.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 211.49 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.71 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 1.79 Bn |
| 10 | Versus Systems | 5.24 Mn | -3.59 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 | 43,485.00 |
| Jun 30, 2023 | 43,485.00 |
| Mar 31, 2023 | 23,570.00 |
| Mar 31, 2023 | 23,570.00 |
| Dec 31, 2022 | 514,560.00 |
| Dec 31, 2022 | 514,560.00 |
| Sep 30, 2022 | 24,234.00 |
| Sep 30, 2022 | 24,234.00 |
| Jun 30, 2022 | 29,406.00 |
| Jun 30, 2022 | 29,406.00 |
| Mar 31, 2022 | 48,849.00 |
| Mar 31, 2022 | 48,849.00 |
| Dec 31, 2021 | 59,110.00 |
| Dec 31, 2021 | 59,110.00 |
| Sep 30, 2021 | 93,550.00 |
| Sep 30, 2021 | 93,550.00 |
| Jun 30, 2021 | 521,781.00 |
| Jun 30, 2021 | 521,781.00 |
| Mar 31, 2021 | 205,242.00 |
| Mar 31, 2021 | 205,242.00 |
| Jun 30, 2020 | 20,234.00 |
| Jun 30, 2020 | 20,234.00 |
| Mar 31, 2020 | 8,870.00 |
| Mar 31, 2020 | 8,870.00 |