Versus Systems Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Versus Systems Inc (VS) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Versus Systems Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 1M vs 1,366,618M combined for its competitors (0.0% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-96.5% annualized vs trailing 12 months), vs holding steady (-1.4%) for its tracked peer group.
- Profitability: Its 8,712.4% net margin compares with 54.7% for the peer group.
- Scale: Versus Systems Inc ranks #125 of 163 companies by market capitalization in the Cloud Computing & Data Analytics industry, holding 0.0% of industry market cap.
- Peer revenue share: Versus Systems Inc accounted for 0.0% of combined revenue among its tracked peer group.
- Peer differentiation: Revenue per employee of $0.15M compares with $3.59M for the peer group (0.0x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
VS Sales vs. its Competitors, Q2 2026
With a net margin of 8,712.40 %, Versus Systems Inc achieved higher profitability than its competitors (54.73 %).
Versus Systems Inc generated 0.00 % of the combined sales of its peer group.
API endpoints for this dataset
Versus Systems Inc vs. its Competitors, Q2 2026
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Versus Systems Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Versus Systems Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Versus Systems Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (8) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (8) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Versus Systems Inc's competitor groups requires a Commercial License.
Versus Systems Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Versus Systems Inc | - | - | - | Yes |
| Competitors combined (8) | ||||
| High-Confidence Competitors (9) | ||||
| Similar-Size Competitors (10) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
VS Stock Performance relative to its Competitors
VS Stock Performance relative to High-Confidence Competitors
VS Stock Performance relative to Similar-Size Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Apple Inc | 282.9% | Outperformed |
| 2 | Microsoft Corporation | 282.9% | Outperformed |
| 3 | Alphabet Inc | 282.9% | Outperformed |
| 4 | Shopify Inc | 282.9% | Outperformed |
| 5 | Draftkings Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Versus Systems Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Versus Systems Inc's Comment on Competition and Industry Peers
Publicly Traded Peers of Versus Systems Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Versus Systems Inc |
4.14 | 0.77 |
 Apple Inc |
5,162,264.11 | 478,834.00 |
 Microsoft Corporation |
4,059,410.28 | 346,445.00 |
 Alphabet Inc |
3,563,839.20 | 471,097.00 |
 Alphabet Inc |
3,537,371.68 | 471,097.00 |
 Netflix Inc |
268,278.37 | 49,734.63 |
| SUBTOTAL | 16,796,865.59 | 1,837,715.41 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Versus Systems Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Versus Systems Inc's Competitors Named by the Company
Competitive relationships identified from Versus Systems Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Apple | Company report | 85% |
| Shopify | Company report | 85% |
| Microsoft | Company report | 85% |
| Skillz | Company report | 85% |
| DraftKings | Company report | 85% |
| Netflix | Company report | 85% |
| ASPIS Cyber Technologies, Inc. | Company report | 85% |
| TapJoy | Company report | 85% |
| Honey | Company report | 85% |
| Alphabet/Google | Company report | 85% |
| Company report | 85% | |
| Otello | Company report | 85% |
| Yahoo | Company report | 85% |
| Amazon | Company report | 85% |
| FanDuel | Company report | 85% |
| Rakuten | Company report | 85% |
| Alphabet Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Versus Systems Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Versus Systems Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Apple Inc | Americas 41.84 % |
| Microsoft Corporation | Agents and Infra 83.22 % |
| Alphabet Inc | Google Services 75.49 % |
| Netflix Inc | Reportable 100.00 % |
| Draftkings Inc | Reportable 100.00 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Versus Systems Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Versus Systems Inc | 4 | 153,730 | -158,489 |
| Apple Inc | 5,162,264 | 2,867,269 | 791,467 |
| Microsoft Corporation | 4,059,410 | 1,553,565 | 639,601 |
| Alphabet Inc | 3,563,839 | 10,191,610 | 5,098,953 |
| Alphabet Inc | 3,537,372 | 10,191,610 | 5,098,953 |
| Netflix Inc | 268,278 | 3,108,415 | 922,916 |
| PEERS TOTAL | 16,796,861 | 3,589,861 | 1,494,884 |
Versus Systems Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Apple Inc | Other countries 47.76 % |
| Microsoft Corporation | US 53.60 % |
| Alphabet Inc | United States 53.05 % |
| Skillz Inc | United States 75.10 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Versus Systems Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 144 companies in Versus Systems Inc's industry classification, broader than the peer set above. Market cap in millions of $.Versus Systems Inc ranks #125 of 144 companies by market capitalization in its industry, holding 0.00 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 581, indicating a unconcentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Automatic Data Processing Inc | 121,456 | 17.82 % |
| 2 | Infosys Limited | 51,543 | 7.56 % |
| 3 | Workday Inc | 47,793 | 7.01 % |
| 4 | Zscaler Inc | 31,717 | 4.65 % |
| 5 | Cognizant Technology Solutions Corporation | 1,234 | 5.2% |
| 6 | Verisign Inc | 1,234 | 5.2% |
| 7 | Verisk Analytics Inc | 1,234 | 5.2% |
| 8 | Samsara Inc | 1,234 | 5.2% |
| 9 | Wipro Limited | 1,234 | 5.2% |
| 10 | Toast Inc | 1,234 | 5.2% |
| 125 | Versus Systems Inc | 4 | 0.00 % |
Market cap and industry share for the rest of Versus Systems Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-09.
Versus Systems Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 120 | Nixxy Inc | 6 | -85.53 % |
| 121 | Data Storage Corporation | 6 | -35.16 % |
| 122 | Sidechannel Inc | 6 | - |
| 123 | The Crypto Company | 5 | -75.00 % |
| 124 | Onfolio Holdings Inc | 1,234 | 12.3% |
| 125 | Versus Systems Inc | 4 | -53.75 % |
| 126 | Cyngn Inc | 1,234 | 12.3% |
| 127 | Kwikclick Inc | 1,234 | 12.3% |
| 128 | Borqs Technologies Inc | 1,234 | 12.3% |
| 129 | Powerdyne International Inc | 1,234 | 12.3% |
| 130 | Heartcore Enterprises Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Versus Systems Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-09. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Versus Systems Inc's Valuation vs Competitive Position
Valuation multiples vs the Cloud Computing & Data Analytics industry average (257 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Cloud Computing & Data Analytics industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 27.4x | - |
| EV / EBITDA | - | 14.0x | - |
| P/B | 0.9x | 3.9x | -3.0x |
| Return on Equity | -11.10 % | industry aggregate | -22.69 % |
| Return on Invested Capital | -13.18 % | -0.37 % (avg) | -12.81 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Versus Systems Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2021 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | - | -75.55 % | - | - |
| Operating Margin | -235.94 % | - | - | - |
| Return on Invested Capital | -6.22 % | - | - | -285.86 % |
| P/E | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Versus Systems Inc's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
Versus Systems Inc falls in the Dog quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue 4.0% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Versus Systems Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 581 (see Industry Market Structure & Concentration above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Versus Systems Inc's dedicated Suppliers and Customers pages, not here.
Versus Systems Inc's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Versus Systems Inc falls in the Low attractiveness / Low strength cell: Harvest / Divest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Versus Systems Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Return on equity 22.7 points below the industry aggregate.
- Latest-quarter revenue run-rate is decelerating (-96.5% annualized vs trailing 12 months).
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.00x).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: see Methodology: SWOT Analysis.
Versus Systems Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Versus Systems Inc | 4.59 | 11.77 | - |
| Apple Inc | 0.27 | 1.02 | 0.88 |
| Microsoft Corporation | 0.16 | 1.27 | 0.10 |
| Alphabet Inc | 0.63 | 2.40 | 0.16 |
| Alphabet Inc | 0.63 | 2.40 | 0.16 |
| Netflix Inc | 0.81 | 1.20 | 0.50 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Versus Systems Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Versus Systems Inc | Q2 2026 | - | - |
| Apple Inc | Q3 2026 | +11.7 % | +11.8 % |
| Microsoft Corporation | Q3 2026 | +18.8 % | +32.0 % |
| Alphabet Inc | Q3 2026 | +24.7 % | -24.3 % |
| Alphabet Inc | Q3 2026 | +24.7 % | -24.3 % |
| Netflix Inc | Q3 2026 | +11.8 % | +43.9 % |
| PEERS TOTAL | +19.8 % | -3.2 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Versus Systems Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Versus Systems Inc | Q2 2026 | - | - |
| Apple Inc | Q3 2026 | +10.2 % | -30.8 % |
| Microsoft Corporation | Q3 2026 | +23.6 % | +103.0 % |
| Alphabet Inc | Q3 2026 | +24.3 % | +114.4 % |
| Alphabet Inc | Q3 2026 | +24.3 % | +114.4 % |
| Netflix Inc | Q3 2026 | -1.4 % | +69.2 % |
Versus Systems Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Versus Systems Inc | - | - | - |
| Apple Inc | 34.37% | 57.35% | 127.61% |
| Microsoft Corporation | 20.01% | 23.87% | 34.15% |
| Alphabet Inc | 29.24% | 34.26% | 42.62% |
| Alphabet Inc | 29.24% | 34.26% | 42.62% |
| Netflix Inc | 25.27% | 31.72% | 50.41% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Versus Systems Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Versus Systems Inc | - | 5.39 |
| Apple Inc | 39.14 | 10.78 |
| Microsoft Corporation | 28.47 | 11.72 |
| Alphabet Inc | 15.04 | 7.56 |
| Alphabet Inc | 14.93 | 7.51 |
| Netflix Inc | 18.48 | 5.39 |
| PEERS AVERAGE | 21.95 | 9.14 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.