ZeroStack (ZSTK) Cost of Revenue (2022 - 2026)
ZeroStack (ZSTK) posted quarterly Cost of Revenue of $12.0 million for Q2 2026, up 32.45% year-over-year from $9.1 million in Q2 2025, and up 191.67% on a QoQ basis from $4.1 million in Q1 2026.
ZeroStack (ZSTK) Cost of Revenue (2022 - 2026) Analysis & Trends
ZeroStack has reported Cost of Revenue for 5 years, with the latest figure at $12.0 million in Q2 2026.
- Cost of Revenue for Q2 2026 came in at $12.0 million, up 32.45% year-over-year; the trailing twelve-month figure through Jun 2026 was $34.8 million (down 2.62% YoY), and the FY2025 annual result was $34.0 million, up 1.06% from the prior year.
- Cost of Revenue improved to $12.0 million in Q2 2026, from $4.1 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $17.5 million in Q2 2023 and troughed at $2.3 million in Q1 2022.
- A 5-year average of $9.6 million and a median of $9.2 million in 2025 frame the typical range for Cost of Revenue.
- The widest annual swing landed in 2023, when Cost of Revenue soared 513.93%; it then plunged 49.19% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $7.5 million in 2022, then surged by 92.39% to $14.5 million in 2023, then tumbled by 49.19% to $7.4 million in 2024, then gained by 24.9% to $9.2 million in 2025, then jumped by 30.97% to $12.0 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $12.0 million in Q2 2026, $4.1 million in Q1 2026, and $9.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | - |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | - |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | - |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | - |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | - |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 613.00 Mn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | - |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 294.00 Mn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | - |
| 10 | ZeroStack | 55.83 Mn | 52.87 Mn | 1.62 Mn | 12.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.04 Mn |
| Jun 30, 2026 | 12.04 Mn |
| Mar 31, 2026 | 4.13 Mn |
| Mar 31, 2026 | 4.13 Mn |
| Dec 31, 2025 | 9.19 Mn |
| Dec 31, 2025 | 9.19 Mn |
| Sep 30, 2025 | 9.41 Mn |
| Sep 30, 2025 | 9.41 Mn |
| Jun 30, 2025 | 11.97 Mn |
| Jun 30, 2025 | 11.97 Mn |
| Dec 31, 2024 | 7.36 Mn |
| Dec 31, 2024 | 7.36 Mn |
| Sep 30, 2024 | 6.74 Mn |
| Sep 30, 2024 | 6.74 Mn |
| Jun 30, 2024 | 12.52 Mn |
| Jun 30, 2024 | 12.52 Mn |
| Mar 31, 2024 | 14.18 Mn |
| Mar 31, 2024 | 14.18 Mn |
| Dec 31, 2023 | 14.49 Mn |
| Dec 31, 2023 | 14.49 Mn |