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Versus Systems (VS) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 14, 2026 · Versus Systems (VS) Q2 2026 earnings results →

Versus Systems made $7K in Q2 2026. Operating margin n/m, net earnings $473K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.

Revenue$7K
Year over year—
Operating marginn/m
Net earnings$473K
Operating cash flow−$475K

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $7K in Q2 2026, down 61% from the previous quarter.

Operating profit was $594K, a 8712.4% margin. Net earnings were $473K. The effective tax rate was 0.0%.

Operating cash flow was −$475K. Non-cash charges added back $16K of share-based compensation. Working capital and other items used $1.1M.

Quarterly history

Versus Systems revenue by quarterVersus Systems revenue by quarter$199KQ1 2025$2.2MQ4 2025$17KQ1 2026$7KQ2 2026
Versus Systems net earnings by quarterVersus Systems net earnings by quarter−$1.2MQ1 2025−$1.2MQ4 2025−$819KQ1 2026$473KQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 14, 2026$7K—n/m$473K−$475K
Q1 202610-QMay 15, 2026$17K-91%n/m−$819K$144K
Q4 202510-KApr 15, 2026$2.2M—-54.2%−$1.2M−$569K
Q1 202510-QMay 15, 2025$199K+652%-588.3%−$1.2M−$641K

Charts

Versus Systems: revenue growth, year over year and quarter over quarterVersus Systems: revenue growth, year over year and quarter over quarterY/YQ/Q+400%Q1 2025+400%Q4 2025-91%-99%Q1 2026-61%Q2 2026
Latest (Q2 2026): Y/Y —, Q/Q -61%.
Versus Systems: where the cash came from (+) and went (−), TTM to Q2 2026Versus Systems: where the cash came from (+) and went (−), TTM to Q2 2026Operating cash flow−$875KNot reconciled$437KCash drawn (+) / kept (−)$321KExchange rates$118K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Versus Systems: profit against cash, quarter by quarterVersus Systems: profit against cash, quarter by quarterNet incomeOperating cash flow−$529K−$381KQ3 2024−$1.0M−$717KQ4 2024−$1.2M−$641KQ1 2025$942K−$868KQ2 2025−$758K$25KQ3 2025−$1.2M−$569KQ4 2025−$819K$144KQ1 2026$594K−$475KQ2 2026
Latest (Q2 2026): Net income $594K, Operating cash flow −$475K.
Versus Systems: diluted shares by fiscal year (split-adjusted)Versus Systems: diluted shares by fiscal year (split-adjusted)5MFY20235MFY20245MFY2025
-10.5% since FY2023: buybacks shrank the count; earlier years scaled for the 2-for-1 split before FY2025, 3-for-1 split before FY2024.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Versus Systems

Our mission is to reinvent the way our customers interact with consumers through live events, games, apps and streaming content by delivering a great brand experience. We offer a suite of proprietary business-to-business software solutions designed to enhance user engagement through gamification and rewards. These tools allow our partners to offer in-game prizing and rewards, including merchandise, coupons, digital goods, and sweepstakes entries — inside their websites, their venues, or their streaming media content.

In its own words, from its 10-K, filed Apr 15, 2026.

Versus Systems against its Services-Computer Processing & Data Preparation peers

The largest companies of the same SEC industry, each at its latest quarter.

CompanyQuarterRevenueY/YOp. margin
VS Versus SystemsQ2 2026$7K—n/m
ADP Automatic Data ProcessingQ1 FY27$5.5B+6%23.9%
DXC DXC TechnologyQ2 FY27$3.0B-4%6.2%
WDAY WorkdayQ2 FY27$2.6B+13%11.8%
TOST ToastQ3 2026$2.0B+21%8.3%
RDDT RedditQ3 2026$895M+53%29.2%
VRSK Verisk AnalyticsQ3 2026$809M+5%45.2%
RNG RingCentralQ3 2026$676M+6%8.0%
PLTK Playtika HoldingQ3 2026$674M-0.1%17.2%

Source: Versus Systems 10-Q on SEC EDGAR · CIK 1701963 · Services-Computer Processing & Data Preparation

13F: who owns VS and who is buying

Largest holders of VS (13F)Largest holders of VS (13F)Citadel Advisors LLC$44KXTX Topco$18KMorgan Stanley$12KUBS Group AG$1KTower Research Capital LLC$1KOsaic Holdings$397
Funds' net buying of VS by quarter (13F)Funds' net buying of VS by quarter (13F)$120K2025-06$42K2025-09−$106K2025-12−$115K2026-03$26K2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on VS

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q1 2025 results

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中文版:Versus Systems(VS)财报

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