Versus Systems (VS) Research & Development (2023 - 2025)
Versus Systems' (VS) quarterly Research & Development came in at $21227.0 in Q4 2025, down 83.41% YoY from $127942.0 in Q4 2024, and up 46.7% on a QoQ basis from $14470.0 in Q3 2025.
Versus Systems (VS) Research & Development (2023 - 2025) Analysis & Trends
Versus Systems (VS) has 3 years of Research & Development data on file, last reported at $21227.0 in Q4 2025.
- Quarterly Research & Development fell 83.41% year-over-year to $21227.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $48065.0 (down 80.46% YoY) and the FY2025 annual result came in at $48065.0, down 80.46% from the prior year.
- Research & Development rose to $21227.0 in Q4 2025, from $14470.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $717667.0 in Q1 2023 to a low of $6149.0 in Q1 2025.
- A 3-year average of $116776.6 and a median of $44864.5 in 2023 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 154.27% in 2024, down 95.79% in 2024.
- Tracing VS's Research & Development over 3 years: stood at $50317.0 in 2023, then soared by 154.27% to $127942.0 in 2024, then tumbled by 83.41% to $21227.0 in 2025.
- The last three Research & Development figures came in at $21227.0 (Q4 2025), $14470.0 (Q3 2025), and $6219.0 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Versus Systems | 6.91 Mn | -1.92 Mn | 1.49 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 21,227.00 |
| Sep 30, 2025 | 14,470.00 |
| Jun 30, 2025 | 6,219.00 |
| Mar 31, 2025 | 6,149.00 |
| Dec 31, 2024 | 127,942.00 |
| Sep 30, 2024 | 11,462.00 |
| Jun 30, 2024 | 67,203.00 |
| Mar 31, 2024 | 39,412.00 |
| Dec 31, 2023 | 50,317.00 |
| Sep 30, 2023 | 272,111.00 |
| Jun 30, 2023 | 67,140.00 |
| Mar 31, 2023 | 717,667.00 |