Growth Metrics

Versus Systems (VS) Research & Development (2023 - 2025)

Versus Systems posted quarterly Research & Development of $21227.0 for Q4 2025, down 83.41% year-on-year from $127942.0 in Q4 2024, and up 46.7% on a QoQ basis from $14470.0 in Q3 2025.

Versus Systems (VS) has 3 years of Research & Development data on file, last reported at $21227.0 in Q4 2025.

  • For the quarter ending Q4 2025, Research & Development fell 83.41% year-over-year to $21227.0; the trailing twelve-month figure through Dec 2025 stood at $48065.0 (down 80.46% YoY), and the FY2025 full-year result was $48065.0, down 80.46% from the prior year.
  • Research & Development for Q4 2025 stood at $21227.0, up from $14470.0 in the prior quarter.
  • Across five years, Research & Development topped out at $717667.0 in Q1 2023 and bottomed at $6149.0 in Q1 2025.
  • The 3-year median for Research & Development is $44864.5 (2023), against an average of $116776.6.
  • Peak annual rise in Research & Development reached 154.27% in 2024, while the deepest fall reached 95.79% in 2024.
  • A 3-year view of Research & Development shows it stood at $50317.0 in 2023, then jumped by 154.27% to $127942.0 in 2024, then slumped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -1.99 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 1.62 Bn
3 Uber Technologies 147.39 Bn 146.35 Bn 11.88 Bn 951.00 Mn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 437.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 823.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 508.44 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 1.11 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 253.90 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 840.00 Mn
10 Versus Systems 5.24 Mn -3.59 Mn 17,300.00 -

Historic Data

Download Data 🔒
DateValue
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