Versus Systems financials
$1.040.00%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5M | $17.3K | $4.1K | $0.00 | $2.0M | $199.3K | $0.00 | $3.8K | $26.9K | $26.5K | $34.2K | $22.9K |
| Gross profit | $1.5M | $17.3K | $4.1K | $0.00 | $2.0M | $191.1K | $0.00 | $3.8K | $10.7K | $2.5K | $10.6K | -$620.00 |
| Gross margin | 100.0% | 100.0% | 100.0% | — | 99.6% | 95.9% | — | 100.0% | 39.7% | 9.3% | 31.1% | −2.7% |
| Operating income | $594.3K | -$818.7K | -$1.2M | -$756.4K | $938.8K | -$1.2M | -$1.0M | -$529.0K | -$1.5M | -$1.5M | -$5.5M | -$1.5M |
| Net income | $473.3K | -$683.2K | -$964.9K | -$537.8K | $672.3K | -$961.7K | -$809.5K | -$560.9K | -$1.3M | -$1.3M | -$5.1M | -$1.3M |
| Net margin | 31.7% | −3949.1% | −23726.1% | — | 34.0% | −482.4% | — | −14575.6% | −4987.7% | −5012.2% | −15006.4% | −5771.9% |
| Diluted EPS | $0.10 | $-0.14 | $-0.20 | $-0.11 | $0.14 | $-0.20 | $-0.27 | $-0.22 | $-0.54 | $-0.51 | — | $-1.99 |
| EBITDA | $594.3K | -$818.7K | -$1.2M | -$756.4K | $938.8K | -$1.2M | -$1.0M | -$527.3K | -$1.5M | -$1.5M | -$969.7K | -$1.1M |
| Operating cash flow | -$475.2K | $144.0K | -$568.6K | $24.7K | -$867.5K | -$641.4K | -$716.6K | -$381.0K | -$2.1M | -$1.8M | -$1.2M | -$841.7K |
| Free cash flow | -$475.2K | $144.0K | -$568.6K | $24.7K | -$867.5K | -$641.4K | -$716.6K | -$381.0K | -$2.1M | -$1.8M | -$1.2M | -$841.7K |
| Diluted shares | 5.0M | 4.9M | 4.9M | 4.9M | 4.9M | 4.9M | 3.0M | 2.5M | 2.5M | 2.5M | — | 0.7M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.4M | $422.9K | $527.4K | $1.4M | $1.7M | $2.4M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $4.3M | $1.7M | $2.1M | $3.1M | $3.8M | $2.7M |
| Total liabilities | $761.5K | $459.3K | $142.8K | $2.5K | $34.2K | $2.1K |
| Shareholders' equity | $3.6M | $1.2M | $1.9M | $3.1M | $3.8M | $2.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology