Versus Systems (VS) Operating Expenses (2023 - 2026)
Versus Systems (VS) reported Operating Expenses of $835995.0 for Q1 2026, down 38.7% on a YoY basis from $1.4 million in Q1 2025, and down 28.85% quarter-over-quarter from $1.2 million in Q4 2025.
Versus Systems (VS) Operating Expenses (2023 - 2026) Analysis & Trends
Versus Systems has reported Operating Expenses for 4 years, with the latest figure 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.
- The five-year high for Operating Expenses was $5.5 million in Q4 2023, with the low at $532872.0 in Q3 2024.
- Historically, Operating Expenses has averaged $1.6 million across 4 years, with a median of $1.4 million in 2025.
- Annual changes were most pronounced in 2024 — Operating Expenses slumped 81.62% — and 2025, when it soared 41.95%.
- Versus Systems' Operating Expenses stood at $5.5 million in 2023, then tumbled by 81.62% to $1.0 million in 2024, then climbed by 16.44% to $1.2 million in 2025, then decreased 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 | 238.14 Bn | 220.17 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -269.42 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.22 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.04 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 2.33 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 3.67 Bn |
| 10 | Versus Systems | 6.76 Mn | -2.07 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 |