Filing Flows › Versus Systems (VS) › Q1 2026 › vs Q1 2025
Versus Systems (VS) Q1 2026 vs Q1 2025 (year over year)
Versus Systems's revenue fell $182K (-91%) from $199K in Q1 2025 to $17K in Q1 2026.
Versus Systems, Q1 2026: revenue $17K (-91% year over year), net loss $819K, operating cash flow $144K. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $17K | $199K | −$182K | -91% |
| Net loss | $819K | $1.2M | −$338K | -29% |
| Costs & expenses | $836K | $1.4M | −$536K | -39% |
| Operating costs | $836K | $1.4M | −$536K | -39% |
| Cost of revenue | $0 | $8K | −$8K | -100% |
| Operating expenses | $836K | $1.4M | −$528K | -39% |
| Operating cash sources | $963K | $515K | $448K | +87% |
| Share-based compensation | $21K | $366K | −$345K | -94% |
| Working capital & other | $941K | $149K | $792K | +532% |
| Net loss absorbed | $819K | $1.2M | −$338K | -29% |
| Operating cash flow | $144K | −$641K | $785K | — |
Questions
How much did Versus Systems's revenue grow year over year in Q1 2026?
Versus Systems's revenue fell $182K (-91%) from $199K in Q1 2025 to $17K in Q1 2026.