Versus Systems (VS) Operating Expenses (2023 - 2026)
Versus Systems (VS) 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) Operating Expenses (2023 - 2026) Analysis & Trends
Versus Systems (VS) has reported Operating Expenses for 4 consecutive years, with $835995.0 the latest figure, recorded in Q1 2026.
- Quarterly Operating Expenses fell 38.7% year-over-year to $835995.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.8 million (down 13.94% YoY) and the FY2025 annual result came in at $4.3 million, down 5.0% from the prior year.
- Operating Expenses slipped to $835995.0 in Q1 2026 per VS's latest filing, from $1.2 million in the prior quarter.
- Over the last five years, Operating Expenses for VS reached as high as $5.5 million in Q4 2023 and fell as low as $532872.0 in Q3 2024.
- A 4-year average of $1.6 million and a median of $1.4 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses sank 81.62% — and 2025, when it jumped 41.95%.
- Year by year, Operating Expenses stood at $5.5 million in 2023, then plunged by 81.62% to $1.0 million in 2024, then rose by 16.44% to $1.2 million in 2025, then declined by 28.85% to $835995.0 in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $835995.0, $1.2 million, and $756401.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 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 |