Growth Metrics

Versus Systems (VS) Gross Margin (2023 - 2025)

Versus Systems' Gross Margin history spans 3 years, with the latest figure at 99.58% for Q2 2025.

  • For Q2 2025, Gross Margin rose 5984.0% year-over-year to 99.58%; the TTM value through Sep 2025 reached 99.25%, up 6902.0%, while the annual FY2024 figure was 29.69%, 3230.0% down from the prior year.
  • Gross Margin reached 99.58% in Q2 2025 per VS's latest filing, up from 95.88% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 100.0% in Q3 2024 to a low of 2.7% in Q3 2023.
  • Average Gross Margin over 3 years is 56.71%, with a median of 57.95% recorded in 2023.
  • The largest YoY upside for Gross Margin was 10270bps in 2024 against a maximum downside of -4868bps in 2024.
  • A 3-year view of Gross Margin shows it stood at 31.11% in 2023, then skyrocketed by 221bps to 100.0% in 2024, then fell by 0bps to 99.58% in 2025.
  • Per Business Quant, the three most recent readings for VS's Gross Margin are 99.58% (Q2 2025), 95.88% (Q1 2025), and 100.0% (Q3 2024).