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 1,312,508M combined for tracked competitors (0.0% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-96.5% annualized vs trailing 12 months), vs accelerating (+2.7%) 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 #127 of 165 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 $2.82M for the peer group (0.1x).
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.
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 an SEC filing; 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 (7) | $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
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Versus Systems Inc | - | - | - | No |
| Competitors combined (7) | ||||
| High-Confidence Competitors (10) | ||||
| Similar-Size Competitors (9) |
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 | Shopify Inc | 282.9% | Outperformed |
| 4 | Netflix 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 tracked 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 | 5.16 | 0.77 |
| Apple Inc | 4,979,446.36 | 466,823.00 |
| Alphabet Inc | 4,174,720.44 | 445,866.00 |
| Microsoft Corporation | 3,795,216.66 | 331,839.00 |
| Netflix Inc | 295,009.80 | 48,370.76 |
| Shopify Inc | 186,916.48 | 13,269.00 |
| SUBTOTAL | 13,441,965.16 | 1,312,508.54 |
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Sources: Versus Systems Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
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 SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Netflix | Named by the company | 85% |
| Shopify | Named by the company | 85% |
| DraftKings | Named by the company | 85% |
| Microsoft | Named by the company | 85% |
| Skillz | Named by the company | 85% |
| Apple | Named by the company | 85% |
| Named by the company | 85% | |
| Alphabet/Google | Named by the company | 85% |
| Named by the company | 85% | |
| TapJoy | Named by the company | 85% |
| ASPIS Cyber Technologies, Inc. | Named by the company | 85% |
| Honey | Named by the company | 85% |
| Amazon | Named by the company | 85% |
| FanDuel | Named by the company | 85% |
| Otello | Named by the company | 85% |
| Yahoo | Named by the company | 85% |
| Rakuten | Named by the company | 85% |
| Alphabet Inc | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Versus Systems Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
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 % |
| Alphabet Inc | Google Services 85.60 % |
| Microsoft Corporation | Productivity and Business Processes 42.19 % |
| Netflix Inc | Reportable 100.00 % |
| Draftkings Inc | Reportable 100.00 % |
Source: operating segment revenue as reported in each company's SEC filings (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 | 5 | 153,730 | -158,489 |
| Apple Inc | 4,979,446 | 2,812,187 | 776,687 |
| Alphabet Inc | 4,174,720 | 9,645,768 | 5,283,078 |
| Microsoft Corporation | 3,795,217 | 1,488,067 | 599,771 |
| Netflix Inc | 295,010 | 3,023,173 | 853,103 |
| Shopify Inc | 186,916 | 1,745,921 | 611,184 |
| PEERS TOTAL | 13,441,960 | 2,824,456 | 1,129,649 |
Versus Systems Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Alphabet Inc | United States 47.77 % |
| Microsoft Corporation | US 51.47 % |
| Skillz Inc | United States 75.10 % |
Source: revenue geography as reported in each company's SEC filings (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 148 companies in Versus Systems Inc's industry classification, broader than the peer set above. Market cap in millions of $.Versus Systems Inc ranks #127 of 148 companies by market capitalization in its industry, holding 0.00 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 548, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Automatic Data Processing Inc | 105,584 | 16.92 % |
| 2 | Workday Inc | 46,454 | 7.44 % |
| 3 | Infosys Limited | 43,344 | 6.94 % |
| 4 | Zscaler Inc | 31,946 | 5.12 % |
| 5 | Reddit Inc | 1,234 | 5.2% |
| 6 | Cognizant Technology Solutions Corporation | 1,234 | 5.2% |
| 7 | Verisign Inc | 1,234 | 5.2% |
| 8 | Verisk Analytics Inc | 1,234 | 5.2% |
| 9 | Toast Inc | 1,234 | 5.2% |
| 10 | Wipro Limited | 1,234 | 5.2% |
| 127 | Versus Systems Inc | 5 | 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 2026-09-28.
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 |
|---|---|---|---|
| 122 | Nixxy Inc | 9 | -76.99 % |
| 123 | Super League Enterprise Inc | 8 | -92.33 % |
| 124 | Arb Iot Group Limited | 8 | - |
| 125 | Data Storage Corporation | 7 | -22.54 % |
| 126 | Sidechannel Inc | 1,234 | 12.3% |
| 127 | Versus Systems Inc | 5 | -52.11 % |
| 128 | Auddia Inc | 1,234 | 12.3% |
| 129 | Cid Holdco Inc | 1,234 | 12.3% |
| 130 | The Crypto Company | 1,234 | 12.3% |
| 131 | Powerdyne International Inc | 1,234 | 12.3% |
| 132 | Micromem Technologies 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 2026-09-28. 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 (203 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 | - | 27.6x | - |
| EV / EBITDA | - | 16.4x | - |
| P/B | 0.9x | 4.0x | -3.1x |
| Return on Equity | -11.10 % | industry aggregate | -21.82 % |
| Return on Invested Capital | -13.18 % | 1.95 % (avg) | -15.13 % |
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 SEC filings.| Metric | 2021 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | - | -75.55 % | - | - |
| Operating Margin | -235.94 % | - | - | - |
| Return on Invested Capital | -6.22 % | - | 281.06 % | -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
Relative market share (vs Versus Systems Inc's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Versus Systems Inc falls in the Dog quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue 5.4% (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 548 (see Industry Market Structure & Concentration above) |
| Supplier Power | Not covered on this page | See Versus Systems Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Versus Systems Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Versus Systems Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
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 21.8 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).
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
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 | 0.26 | 0.96 | 0.99 |
| Alphabet Inc | 0.55 | 2.13 | 0.13 |
| Microsoft Corporation | 0.13 | 1.31 | 0.11 |
| Netflix Inc | 0.88 | 1.27 | 0.51 |
| Shopify Inc | 1.16 | 5.18 | 0.02 |
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 | Q2 2026 | +16.4 % | +27.1 % |
| Alphabet Inc | Q2 2026 | +24.2 % | +297.9 % |
| Microsoft Corporation | Q2 2026 | +17.7 % | +31.3 % |
| Netflix Inc | Q2 2026 | +13.4 % | +8.8 % |
| Shopify Inc | Q2 2026 | +33.7 % | +261.7 % |
| PEERS TOTAL | +19.4 % | +122.0 % |
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 | Q2 2026 | +8.6 % | -29.1 % |
| Alphabet Inc | Q2 2026 | +17.7 % | +100.1 % |
| Microsoft Corporation | Q2 2026 | +22.9 % | +109.6 % |
| Netflix Inc | Q2 2026 | +13.4 % | +40.3 % |
| Shopify Inc | Q2 2026 | +37.7 % | +100.0 % |
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 | 35.02% | 60.14% | 142.67% |
| Alphabet Inc | 35.42% | 42.01% | 50.84% |
| Microsoft Corporation | 19.76% | 22.48% | 34.22% |
| Netflix Inc | 23.74% | 29.51% | 47.96% |
| Shopify Inc | 31.59% | 35.47% | 36.31% |
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 | - | 6.71 |
| Apple Inc | 38.90 | 10.67 |
| Alphabet Inc | 17.03 | 9.36 |
| Microsoft Corporation | 28.37 | 11.44 |
| Netflix Inc | 21.79 | 6.10 |
| Shopify Inc | 97.30 | 14.09 |
| PEERS AVERAGE | 25.61 | 10.24 |
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.