Z Squared (ZSQR) Operating Expenses (2019 - 2026)

Over the trailing twelve months to Jun 30, 2026, Z Squared reported Operating Expenses of $21.49 million, up 156.4% year-over-year; for FY2025, it came in at $14.23 million, up 41.5% from FY2024.

• Operating Expenses carries a five-year compound annual growth rate of 190.8% (FY2020 to FY2025).
• Going back by year, Operating Expenses was $10.05 million in FY2024 (-53.2%), $21.49 million in FY2023 (-37.2%), $34.2 million in FY2022 (+142.2%) and $14.12 million in FY2021.
• The Q2 2026 figure represents the highest quarterly Operating Expenses since Q1 2022.
• Year-over-year, Operating Expenses increased in three of the last six quarters, with an average decline of 2.9%.
• The fastest year-over-year change in Operating Expenses over five years came in Q3 2023 (growth of 41.9%), and the weakest in Q4 2022 (a decline of 77.8%).
• Business Quant data shows ZSQR's Operating Expenses at $3.98 million (Q1 2026), $2.81 million (Q4 2025) and $2.67 million (Q3 2025) in the three quarters before Q2 2026.