ZenaTech (ZENA) Operating Expenses (2023 - 2025)

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

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

ZenaTech has reported Operating Expenses for 3 years, with the latest figure at $13.5 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 509.19% year-over-year to $13.5 million; the trailing twelve-month figure through Dec 2025 stood at $28.6 million (up 669.91% YoY), and the FY2025 full-year result was $27.4 million, up 654.12% from the prior year.
  • Operating Expenses for Q4 2025 stood at $13.5 million, up from $6.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $13.5 million in Q4 2025, with the low at $307741.0 in Q4 2023.
  • Historically, Operating Expenses has averaged $3.3 million across 3 years, with a median of $1.4 million in 2024.
  • 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 surged by 619.49% to $2.2 million in 2024, then surged by 509.19% to $13.5 million in 2025.
  • The last three Operating Expenses figures came in at $13.5 million (Q4 2025), $6.6 million (Q3 2025), and $4.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,819.83 Bn 2,741.56 Bn 56.06 Bn 10.85 Bn
2 Alarum Technologies 1,056.91 Bn 1,042.76 Bn 7.23 Mn 6.42 Mn
3 Oracle 530.68 Bn 492.11 Bn 15.14 Bn 11.73 Bn
4 Palantir Technologies 306.85 Bn 298.93 Bn 1.42 Bn 662.79 Mn
5 Palo Alto Networks 199.03 Bn 194.49 Bn 1.91 Bn 1.51 Bn
6 CrowdStrike Holdings 170.56 Bn 167.51 Bn 993.68 Mn 979.89 Mn
7 Fortinet 106.91 Bn 103.62 Bn 1.49 Bn 905.10 Mn
8 Synopsys 86.43 Bn 86.31 Bn 1.77 Bn 1.57 Bn
9 Cloudflare 79.42 Bn 78.48 Bn 455.60 Mn 517.59 Mn
10 ZenaTech 35.30 Mn 31.01 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