ZenaTech (ZENA) Operating Expenses (2023 - 2025)

ZenaTech (ZENA) posted Operating Expenses of $13.5 million for Q4 2025, up 102.95% on a QoQ basis from $6.6 million in Q3 2025, and up 509.19% year-over-year from $2.2 million in Q4 2024.

ZenaTech (ZENA) Operating Expenses (2023 - 2025) Analysis & Trends

ZenaTech's Operating Expenses history runs 3 years deep, the most recent figure standing at $13.5 million for Q4 2025.

  • Quarterly Operating Expenses rose 509.19% year-over-year to $13.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $28.6 million (up 669.91% YoY) and the FY2025 annual result came in at $27.4 million, up 652.68% from the prior year.
  • Operating Expenses was $13.5 million for Q4 2025 at ZenaTech, up from $6.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $13.5 million in Q4 2025 and bottomed at $307741.0 in Q4 2023.
  • A 3-year average of $3.3 million and a median of $1.4 million in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2024 — Operating Expenses soared 73.64% — and 2025, when it surged 1207.98%.
  • ZenaTech's Operating Expenses stood at $307741.0 in 2023, then jumped by 619.49% to $2.2 million in 2024, then jumped by 509.19% to $13.5 million in 2025.
  • Business Quant data shows ZENA's Operating Expenses at $13.5 million in Q4 2025, $6.6 million in Q3 2025, and $4.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 8.75 Bn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn -363.49 Mn
3 Oracle 329.59 Bn 297.69 Bn - 13.05 Bn
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 662.79 Mn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 1.51 Bn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn 979.89 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 905.10 Mn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn 517.59 Mn
10 ZenaTech 47.34 Mn 43.06 Mn - 13.49 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 13.49 Mn
Sep 30, 2025 6.65 Mn
Jun 30, 2025 4.44 Mn
Mar 31, 2025 4.00 Mn
Dec 31, 2024 2.21 Mn
Sep 30, 2024 630,045.48
Jun 30, 2024 339,423.23
Mar 31, 2024 528,271.06
Dec 31, 2023 307,741.00
Sep 30, 2023 362,851.16