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| 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 |