ZenaTech (ZENA) Operating Expenses (2023 - 2025)
ZenaTech's (ZENA) quarterly Operating Expenses came in at $13.5 million in Q4 2025, up 509.19% YoY from $2.2 million in Q4 2024, and up 102.95% on a QoQ basis from $6.6 million in Q3 2025.
ZenaTech (ZENA) Operating Expenses (2023 - 2025) Analysis & Trends
ZenaTech (ZENA) has 3 years of Operating Expenses data on file, last reported at $13.5 million in 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 advanced to $13.5 million in Q4 2025, from $6.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $13.5 million in Q4 2025 to a low of $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%.
- Tracing ZENA's Operating Expenses over 3 years: 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 13.05 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 726.59 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 2.72 Bn |
| 10 | ZenaTech | 73.15 Mn | 68.86 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 |