Versus Systems (VS) Gross Margin (2023 - 2026)
Versus Systems' (VS) quarterly Gross Margin came in at 100.0% in Q1 2026, up 412.0% YoY from 19.53% in Q1 2025, and up 53012.05% on a QoQ basis from 0.19% in Q4 2025.
Versus Systems (VS) Gross Margin (2023 - 2026) Analysis & Trends
Versus Systems (VS) has 4 years of Gross Margin data on file, last reported at 100.0% in Q1 2026.
- Quarterly Gross Margin rose 412.0% year-over-year to 100.0% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 47.94% (down 4143.0% YoY) and the FY2025 annual result came in at 99.25%, up 6955.0% from the prior year.
- Gross Margin improved to 100.0% in Q1 2026, from 0.19% 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.
- A 4-year average of 55.5% and a median of 57.95% in 2023 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 10270 bps in 2024, down 4868 bps in 2024.
- Tracing VS's Gross Margin over 4 years: stood at 31.11% in 2023, then surged by 221 bps to 100.0% in 2024, then slumped by 100 bps to 0.19% in 2025, then soared by 53012 bps to 100.0% in 2026.
- The last three Gross Margin figures came in at 100.0% (Q1 2026), 0.19% (Q4 2025), and 99.58% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | Versus Systems | 6.91 Mn | -1.92 Mn | 1.49 Mn | 21,871.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21,871.00% |
| Mar 31, 2026 | 100.00% |
| Dec 31, 2025 | 0.19% |
| Jun 30, 2025 | 99.58% |
| Mar 31, 2025 | 95.88% |
| Sep 30, 2024 | 100.00% |
| Jun 30, 2024 | 39.74% |
| Mar 31, 2024 | 9.27% |
| Dec 31, 2023 | 31.11% |
| Sep 30, 2023 | -2.70% |
| Jun 30, 2023 | 79.51% |
| Mar 31, 2023 | 57.95% |