Versus Systems (VS) Equity Ratio (2019 - 2026)
Versus Systems (VS) reported Equity Ratio of 0.72 for Q1 2026, down 27.63% on a YoY basis from 1.0 in Q1 2025, and down 22.31% quarter-over-quarter from 0.93 in Q4 2025.
Versus Systems (VS) Equity Ratio (2019 - 2026) Analysis & Trends
Versus Systems has reported Equity Ratio for 8 years, with the latest figure at 0.72 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio fell 27.63% year-over-year to 0.72; the trailing twelve-month figure through Mar 2026 stood at 0.72 (down 27.63% YoY), and the FY2025 full-year result was 0.93, down 6.23% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.72, down from 0.93 in the prior quarter.
- The five-year high for Equity Ratio was 1.0 in Q1 2025, with the low at 0.59 in Q4 2022.
- Historically, Equity Ratio has averaged 0.91 across 5 years, with a median of 0.98 in 2024.
- Annual changes were most pronounced in 2023 — Equity Ratio soared 59.01% — and 2026, when it declined 27.63%.
- Versus Systems' Equity Ratio stood at 0.59 in 2022, then soared by 59.01% to 0.93 in 2023, then advanced by 6.26% to 0.99 in 2024, then decreased by 6.23% to 0.93 in 2025, then decreased by 22.31% to 0.72 in 2026.
- The last three Equity Ratio figures came in at 0.72 (Q1 2026), 0.93 (Q4 2025), and 1.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.62 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 0.90 |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.41 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 0.89 |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 0.32 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.54 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 0.48 |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.10 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.38 |
| 10 | Versus Systems | 6.76 Mn | -2.07 Mn | 17,300.00 | 0.72 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.72 |
| Dec 31, 2025 | 0.93 |
| Sep 30, 2025 | 1.00 |
| Jun 30, 2025 | 0.99 |
| Mar 31, 2025 | 1.00 |
| Dec 31, 2024 | 0.99 |
| Sep 30, 2024 | 0.98 |
| Jun 30, 2024 | 0.98 |
| Mar 31, 2024 | 0.95 |
| Dec 31, 2023 | 0.93 |
| Dec 31, 2022 | 0.59 |
| Dec 31, 2021 | 0.75 |
| Dec 31, 2020 | -0.21 |
| Dec 31, 2019 | 0.78 |