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
DateValue
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