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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |