Versus Systems (VS) Gross Margin (2020 - 2026)
Versus Systems posted quarterly Gross Margin of 100.0% for Q1 2026, up 412.0% year-on-year from 19.53% in Q1 2025, and up 53012.05% on a QoQ basis from 0.19% in Q4 2025.
Versus Systems (VS) has 7 years of Gross Margin data on file, last reported at 100.0% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 412.0% year-over-year to 100.0%; the trailing twelve-month figure through Mar 2026 stood at 47.94% (down 4143.0% YoY), and the FY2025 full-year result was 99.25%, up 6955.0% from the prior year.
- Gross Margin for Q1 2026 stood at 100.0%, up from 0.19% in the prior quarter.
- Across five years, Gross Margin topped out at 224.06% in Q2 2023 and bottomed at 136.47% in Q4 2022.
- The 5-year median for Gross Margin is 84.91% (2022), against an average of 58.94%.
- The widest annual swing landed in 2022, when Gross Margin sank 23649 bps; it then surged 16758 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 136.47% in 2022, then jumped by 123 bps to 31.11% in 2023, then soared by 221 bps to 100.0% in 2024, then sank by 100 bps to 0.19% in 2025, then jumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | Versus Systems | 5.24 Mn | -3.59 Mn | 17,300.00 | 100.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 224.06% |
| Mar 31, 2023 | 57.95% |
| Dec 31, 2022 | -136.47% |
| Sep 30, 2022 | 92.35% |
| Jun 30, 2022 | 88.27% |
| Mar 31, 2022 | 84.91% |
| Dec 31, 2021 | 100.00% |
| Sep 30, 2021 | 69.30% |
| Jun 30, 2021 | 100.00% |
| Mar 31, 2021 | 99.92% |
| Jun 30, 2020 | 100.00% |
| Mar 31, 2020 | 100.00% |