Versus Systems (VS) Operating Expenses (2023 - 2026)
Versus Systems (VS) posted Operating Expenses of $897,548 for Q2 2026, down 13.1% from $1.03 million a year earlier but up 7.4% from the prior quarter.
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Analysis
Versus Systems (VS) Operating Expenses (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Versus Systems was $3.66 million, down 7.0% year-over-year; for FY2025, it came in at $4.33 million, down 5.0% from FY2024.
- Annual Operating Expenses has declined for three consecutive years, with a three-year compound annual growth rate of -42.8% (FY2022 to FY2025).
- In prior years, Versus Systems' Operating Expenses was $4.56 million in FY2024 (-58.7%), $11.02 million in FY2023 (-52.4%) and $23.16 million in FY2022.
- Quarterly Operating Expenses has run from a low of $532,872 in Q3 2024 to a high of $5.49 million in Q4 2023 over five years.
- On a year-over-year basis, Operating Expenses increased in two of the last eight quarters, with an average decline of 23.5%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2025, with growth of 41.9%; the weakest was Q4 2024, with a decline of 81.6%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $835,995 (Q1 2026), $1.18 million (Q4 2025) and $756,401 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 726.59 Mn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 12.62 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | -8.41 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 6.37 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 4.34 Bn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 3.88 Bn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 8.41 Bn |
| 10 | Versus Systems | 5.16 Mn | -6.85 Mn | 1.49 Mn | 897,548.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 897,548.00 |
| 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 |
API Access
Versus Systems Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=VS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "VS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=VS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();