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Side-by-side financial comparison of RICHTECH ROBOTICS INC. (RR) and Versus Systems Inc. (VS). Click either name above to swap in a different company.

Versus Systems Inc. is the larger business by last-quarter revenue ($2.2M vs $1.1M, roughly 1.9× RICHTECH ROBOTICS INC.). Versus Systems Inc. runs the higher net margin — -44.7% vs -732.5%, a 687.8% gap on every dollar of revenue.

Richtech Robotics Inc. develops, manufactures and sells AI-powered commercial service robots, including food delivery, intelligent cleaning and hospitality automation solutions. It serves catering, retail, hotel and healthcare clients across North America, Asia Pacific and European markets.

Versus Systems Inc. operates a proprietary interactive reward platform that integrates with video games, streaming content, live sports broadcasts and mobile apps. It enables content creators and brands to offer personalized real-time prizes to audiences across North America and global digital entertainment markets.

RR vs VS — Head-to-Head

Bigger by revenue
VS
VS
1.9× larger
VS
$2.2M
$1.1M
RR
Higher net margin
VS
VS
687.8% more per $
VS
-44.7%
-732.5%
RR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
RR
RR
VS
VS
Revenue
$1.1M
$2.2M
Net Profit
$-8.4M
$-964.9K
Gross Margin
52.3%
0.2%
Operating Margin
-1029.6%
-54.2%
Net Margin
-732.5%
-44.7%
Revenue YoY
-8.8%
Net Profit YoY
-136.8%
-19.2%
EPS (diluted)
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
RR
RR
VS
VS
Q4 25
$1.1M
$2.2M
Q3 25
$0
Q2 25
$-176.0K
Q4 24
$0
Q2 23
$157.9K
Q3 22
$316.8K
Q2 22
$250.7K
Net Profit
RR
RR
VS
VS
Q4 25
$-8.4M
$-964.9K
Q3 25
$-537.8K
Q2 25
$672.3K
Q4 24
$-809.5K
Q2 23
$-2.3M
Q3 22
$-3.5M
Q2 22
$-3.2M
Gross Margin
RR
RR
VS
VS
Q4 25
52.3%
0.2%
Q3 25
Q2 25
Q4 24
Q2 23
79.5%
Q3 22
Q2 22
Operating Margin
RR
RR
VS
VS
Q4 25
-1029.6%
-54.2%
Q3 25
Q2 25
Q4 24
Q2 23
-840.1%
Q3 22
Q2 22
Net Margin
RR
RR
VS
VS
Q4 25
-732.5%
-44.7%
Q3 25
Q2 25
-382.0%
Q4 24
Q2 23
-1462.9%
Q3 22
-1107.9%
Q2 22
-1287.1%
EPS (diluted)
RR
RR
VS
VS
Q4 25
$-0.04
Q3 25
Q2 25
$0.14
Q4 24
$-0.27
Q2 23
$-2.41
Q3 22
$-1.79
Q2 22
$-1.95

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RR
RR
VS
VS
Cash + ST InvestmentsLiquidity on hand
$328.5M
$527.4K
Total DebtLower is stronger
Stockholders' EquityBook value
$339.7M
$10.2M
Total Assets
$349.4M
$2.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RR
RR
VS
VS
Q4 25
$328.5M
$527.4K
Q3 25
Q2 25
Q4 24
$3.1M
Q2 23
$3.2M
Q3 22
$1.0M
Q2 22
$1.9M
Stockholders' Equity
RR
RR
VS
VS
Q4 25
$339.7M
$10.2M
Q3 25
$11.1M
Q2 25
$11.7M
Q4 24
$11.4M
Q2 23
$6.4M
Q3 22
$14.1M
Q2 22
$15.3M
Total Assets
RR
RR
VS
VS
Q4 25
$349.4M
$2.1M
Q3 25
$3.1M
Q2 25
$3.8M
Q4 24
$3.5M
Q2 23
$9.5M
Q3 22
$17.7M
Q2 22
$18.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
RR
RR
VS
VS
Operating Cash FlowLast quarter
$-1.6M
$-568.6K
Free Cash FlowOCF − Capex
$-1.7M
FCF MarginFCF / Revenue
-146.1%
Capex IntensityCapex / Revenue
6.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RR
RR
VS
VS
Q4 25
$-1.6M
$-568.6K
Q3 25
$24.7K
Q2 25
$-867.5K
Q4 24
$-716.6K
Q2 23
$-1.3M
Q3 22
$-1.7M
Q2 22
$-2.9M
Free Cash Flow
RR
RR
VS
VS
Q4 25
$-1.7M
Q3 25
Q2 25
Q4 24
Q2 23
Q3 22
Q2 22
FCF Margin
RR
RR
VS
VS
Q4 25
-146.1%
Q3 25
Q2 25
Q4 24
Q2 23
Q3 22
Q2 22
Capex Intensity
RR
RR
VS
VS
Q4 25
6.2%
Q3 25
Q2 25
Q4 24
Q2 23
Q3 22
Q2 22
Cash Conversion
RR
RR
VS
VS
Q4 25
Q3 25
Q2 25
-1.29×
Q4 24
Q2 23
Q3 22
Q2 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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