Versus Systems (VS) Interest Expenses (2021 - 2025)

Versus Systems (VS) posted quarterly Interest Expenses of $12.6 million for Q4 2025, down 43.67% year-on-year from $22.4 million in Q4 2024, and up 20953.39% on a QoQ basis from $59900.0 in Q2 2025.

Versus Systems (VS) Interest Expenses (2021 - 2025) Analysis & Trends

Versus Systems (VS) has reported Interest Expenses for 5 consecutive years, with $12.6 million the latest figure, recorded in Q4 2025.

  • Quarterly Interest Expenses fell 43.67% year-over-year to $12.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $12.6 million (down 43.67% YoY) and the FY2025 annual result came in at $12.6 million, down 43.67% from the prior year.
  • Interest Expenses improved to $12.6 million in Q4 2025 per VS's latest filing, from $59900.0 in the prior quarter.
  • Over the last five years, Interest Expenses for VS reached as high as $22.4 million in Q4 2024 and fell as low as $16615.0 in Q3 2023.
  • A 5-year average of $4.3 million and a median of $36568.0 in 2022 frame the typical range for Interest Expenses.
  • Annual changes were most pronounced in 2023 — Interest Expenses plunged 99.71% — and 2024, when it surged 36738.9%.
  • Year by year, Interest Expenses stood at $78888.0 in 2021, then soared by 26400.86% to $20.9 million in 2022, then tumbled by 99.71% to $60770.0 in 2023, then jumped by 36738.9% to $22.4 million in 2024, then sank by 43.67% to $12.6 million in 2025.
  • According to Business Quant data, Interest Expenses over the past three periods registered $12.6 million, $59900.0, and $22.4 million for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -341.86 Mn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 382.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 180.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 2.95 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.09 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 537.20 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 53.08 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 57.23 Mn
10 Versus Systems 6.76 Mn -2.07 Mn 17,300.00 -

Historic Data

Download Data
DateValue
Dec 31, 2025 12.61 Mn
Dec 31, 2025 12.61 Mn
Jun 30, 2025 59,900.00
Jun 30, 2025 59,900.00
Dec 31, 2024 22.39 Mn
Dec 31, 2024 22.39 Mn
Dec 31, 2023 60,770.00
Dec 31, 2023 60,770.00
Sep 30, 2023 16,615.00
Sep 30, 2023 16,615.00
Jun 30, 2023 20,288.00
Jun 30, 2023 20,288.00
Mar 31, 2023 24,625.00
Mar 31, 2023 24,625.00
Dec 31, 2022 20.91 Mn
Dec 31, 2022 20.91 Mn
Sep 30, 2022 29,155.00
Sep 30, 2022 29,155.00
Jun 30, 2022 30,482.00
Jun 30, 2022 30,482.00