Growth Metrics

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) has 3 years of Operating Expenses data on file, last reported at $13.5 million in Q4 2025.

  • In Q4 2025, Operating Expenses rose 509.19% year-over-year to $13.5 million; the TTM figure through Dec 2025 stood at $28.6 million (up 669.91% YoY), while the FY2025 annual figure was $27.4 million, up 669.45% from the prior year.
  • Operating Expenses advanced to $13.5 million in Q4 2025, 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 jumped 73.64% — and 2025, when it soared 1207.98%.
  • Year by year, Operating Expenses stood at $307741.0 in 2023, then soared by 619.49% to $2.2 million in 2024, then soared 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 3,425.08 Bn 3,346.81 Bn 56.06 Bn 10.85 Bn
2 Oracle 712.03 Bn 673.46 Bn 15.14 Bn 11.73 Bn
3 Palantir Technologies 384.58 Bn 376.66 Bn 1.42 Bn 662.79 Mn
4 Palo Alto Networks 208.80 Bn 204.26 Bn 1.91 Bn 1.51 Bn
5 CrowdStrike Holdings 195.63 Bn 192.58 Bn 993.68 Mn 979.89 Mn
6 Fortinet 108.69 Bn 105.40 Bn 1.49 Bn 905.10 Mn
7 Cloudflare 95.27 Bn 94.32 Bn 455.60 Mn 517.59 Mn
8 Synopsys 93.41 Bn 93.30 Bn 1.77 Bn 1.57 Bn
9 CoreWeave 65.84 Bn 63.57 Bn 2.01 Bn 2.22 Bn
10 ZenaTech 38.97 Mn 34.69 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