Versus Systems (VS) Operating Expenses (2020 - 2026)
Versus Systems posted quarterly Operating Expenses of $835995.0 for Q1 2026, down 38.7% year-on-year from $1.4 million in Q1 2025, and down 28.85% on a QoQ basis from $1.2 million in Q4 2025.
Versus Systems (VS) has 7 years of Operating Expenses data on file, last reported at $835995.0 in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 38.7% year-over-year to $835995.0; the trailing twelve-month figure through Mar 2026 stood at $3.8 million (down 13.94% YoY), and the FY2025 full-year result was $4.3 million, down 5.0% from the prior year.
- Operating Expenses for Q1 2026 stood at $835995.0, down from $1.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $5.5 million in Q4 2023 and bottomed at $189630.0 in Q1 2022.
- The 5-year median for Operating Expenses is $1.0 million (2025), against an average of $1.3 million.
- The widest annual swing landed in 2023, when Operating Expenses soared 1731.63%; it then plunged 81.62% in 2024.
- A 5-year view of Operating Expenses shows it stood at $299725.0 in 2022, then jumped by 1731.63% to $5.5 million in 2023, then slumped by 81.62% to $1.0 million in 2024, then grew by 16.44% to $1.2 million in 2025, then slipped by 28.85% to $835995.0 in 2026.
- The last three Operating Expenses figures came in at $835995.0 (Q1 2026), $1.2 million (Q4 2025), and $756401.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | Versus Systems | 5.24 Mn | -3.59 Mn | 17,300.00 | 835,995.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 835,995.00 |
| Dec 31, 2025 | 1.18 Mn |
| Sep 30, 2025 | 756,401.00 |
| Jun 30, 2025 | 1.03 Mn |
| Mar 31, 2025 | 1.36 Mn |
| Dec 31, 2024 | 1.01 Mn |
| Sep 30, 2024 | 532,872.00 |
| Jun 30, 2024 | 1.51 Mn |
| Mar 31, 2024 | 1.50 Mn |
| Dec 31, 2023 | 5.49 Mn |
| Sep 30, 2023 | 1.89 Mn |
| Jun 30, 2023 | 1.45 Mn |
| Mar 31, 2023 | 2.34 Mn |
| Dec 31, 2022 | 299,725.00 |
| Sep 30, 2022 | 292,753.00 |
| Jun 30, 2022 | 229,585.00 |
| Mar 31, 2022 | 189,630.00 |
| Sep 30, 2021 | -79,747.00 |
| Jun 30, 2021 | -6.22 Mn |
| Mar 31, 2021 | 201,336.00 |
| Jun 30, 2020 | -1.67 Mn |
| Mar 31, 2020 | -1.85 Mn |