Versus Systems (VS) Operating Expenses (2023 - 2026)

Versus Systems' (VS) quarterly Operating Expenses came in at $835995.0 in Q1 2026, down 38.7% YoY 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 4 years of Operating Expenses data on file, last reported at $835995.0 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 declined to $835995.0 in Q1 2026, from $1.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $5.5 million in Q4 2023 to a low of $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 slumped 81.62% — and 2025, when it soared 41.95%.
  • Tracing VS's Operating Expenses over 4 years: 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 255.48 Bn 234.41 Bn 16.51 Bn -16.33 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 1.22 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 6.22 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 12.30 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 2.66 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 1.25 Bn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 4.34 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 3.67 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 4.54 Bn
10 Versus Systems 6.91 Mn -1.92 Mn 1.49 Mn 897,548.00

Historic Data

Download Data
DateValue
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