Versus Systems (VS) Cost of Revenue (2023 - 2025)
Versus Systems (VS) reported Cost of Revenue of $8222.0 for Q2 2025, down 49.34% on a YoY basis from $16231.0 in Q2 2024, and little changed quarter-over-quarter from $8223.0 in Q1 2025.
Versus Systems (VS) Cost of Revenue (2023 - 2025) Analysis & Trends
Versus Systems has reported Cost of Revenue for 3 years, with the latest figure 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.
- The five-year high for Cost of Revenue was $32357.0 in Q2 2023, with the low at $8222.0 in Q2 2025.
- Historically, Cost of Revenue has averaged $19973.6 across 3 years, with a median of $23570.0 in 2023.
- Annual changes were most pronounced in 2024 — Cost of Revenue gained 2.02% — and 2025, when it plunged 65.8%.
- Versus Systems' Cost of Revenue stood at $23570.0 in 2023, then tumbled by 31.14% to $16231.0 in 2024, then slumped 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 55.33 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.62 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 3.77 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 211.49 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 940.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 715.00 Mn |
| 10 | Versus Systems | 6.76 Mn | -2.07 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 |