Versus Systems (VS) Research & Development (2023 - 2025)
Versus Systems (VS) 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) Research & Development (2023 - 2025) Analysis & Trends
Versus Systems (VS) has reported Research & Development for 3 consecutive years, with $21227.0 the latest figure, recorded 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 climbed to $21227.0 in Q4 2025 per VS's latest filing, from $14470.0 in the prior quarter.
- Over the last five years, Research & Development for VS reached as high as $717667.0 in Q1 2023 and fell as low as $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 largest YoY upside for Research & Development was 154.27% in 2024 against a maximum downside of 95.79% in 2024.
- Year by year, Research & Development stood at $50317.0 in 2023, then soared by 154.27% to $127942.0 in 2024, then plunged by 83.41% to $21227.0 in 2025.
- According to Business Quant data, Research & Development over the past three periods registered $21227.0, $14470.0, and $6219.0 for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Versus Systems | 6.76 Mn | -2.07 Mn | 17,300.00 | - |
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 |