Zapata Quantum (ZPTA) Operating Expenses (2023 - 2026)
Zapata Quantum's Operating Expenses came in at $1.2 million for Q1 2026, up 76.0% from $680,000 a year earlier and up 5.6% from the prior quarter.
Zapata Quantum (ZPTA) Operating Expenses (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Zapata Quantum reported Operating Expenses of $3.94 million, down 79.4% year-over-year; for FY2025, it was $3.43 million, down 85.5% from FY2024.
- Going back by year, Operating Expenses was $23.68 million in FY2024 (+23.3%) and $19.21 million in FY2023.
- The Q1 2026 figure represents the highest quarterly Operating Expenses since Q4 2024.
- Year-over-year, Operating Expenses increased in three of the last eight quarters, with an average decline of 19.4%.
- The fastest year-over-year change in Operating Expenses over five years came in Q2 2024 (growth of 83.2%), and the weakest in Q2 2025 (a decline of 92.8%).
- Business Quant data shows ZPTA's Operating Expenses at $1.13 million (Q4 2025), $1.03 million (Q3 2025) and $584,000 (Q2 2025) in the three quarters before Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 260.09 Bn | 245.16 Bn | 2.30 Bn | 2.13 Bn |
| 2 | CrowdStrike Holdings | 244.26 Bn | 224.66 Bn | 1.10 Bn | 1.13 Bn |
| 3 | Fortinet | 127.58 Bn | 113.51 Bn | 1.64 Bn | 953.90 Mn |
| 4 | Snowflake | 112.93 Bn | 100.25 Bn | 1.04 Bn | 1.30 Bn |
| 5 | Datadog | 97.34 Bn | 78.98 Bn | 881.34 Mn | 875.89 Mn |
| 6 | Zscaler | 37.10 Bn | 23.22 Bn | - | - |
| 7 | Okta | 36.45 Bn | 26.54 Bn | 641.00 Mn | 534.00 Mn |
| 8 | Axon Enterprise | 32.48 Bn | 27.00 Bn | 546.45 Mn | 499.67 Mn |
| 9 | MongoDB | 31.35 Bn | 21.82 Bn | 569.77 Mn | 541.37 Mn |
| 10 | Zapata Quantum | 131.13 Mn | 126.56 Mn | - | 1.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.20 Mn |
| Dec 31, 2025 | 1.13 Mn |
| Sep 30, 2025 | 1.03 Mn |
| Jun 30, 2025 | 584,000.00 |
| Mar 31, 2025 | 680,000.00 |
| Dec 31, 2024 | 2.98 Mn |
| Sep 30, 2024 | 7.37 Mn |
| Jun 30, 2024 | 8.09 Mn |
| Mar 31, 2024 | 5.24 Mn |
| Dec 31, 2023 | 4.45 Mn |
| Sep 30, 2023 | 5.04 Mn |
| Jun 30, 2023 | 4.42 Mn |
| Mar 31, 2023 | 5.30 Mn |
Zapata Quantum Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=ZPTA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ZPTA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ZPTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();