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| Date | Value |
|---|---|
| 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 |