ZeroStack (ZSTK) Cost of Revenue (2022 - 2026)

ZeroStack (ZSTK) posted quarterly Cost of Revenue of $4.1 million for Q1 2026, down 55.1% on a QoQ basis from $9.2 million in Q4 2025.

ZeroStack (ZSTK) Cost of Revenue (2022 - 2026) Analysis & Trends

ZeroStack (ZSTK) has reported Cost of Revenue for 5 consecutive years, with $4.1 million the latest figure, recorded in Q1 2026.

  • Quarterly Cost of Revenue changed N/A year-over-year to $4.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $34.7 million (changed N/A YoY) and the FY2025 annual result came in at $34.0 million, up 1.06% from the prior year.
  • Cost of Revenue eased to $4.1 million in Q1 2026 per ZSTK's latest filing, from $9.2 million in the prior quarter.
  • Over the last five years, Cost of Revenue for ZSTK reached as high as $17.5 million in Q2 2023 and fell as low as $2.3 million in Q1 2022.
  • A 5-year average of $9.6 million and a median of $9.3 million in 2025 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2023 — Cost of Revenue jumped 513.93% — and 2024, when it plunged 49.19%.
  • Year by year, Cost of Revenue stood at $7.5 million in 2022, then surged by 92.39% to $14.5 million in 2023, then slumped by 49.19% to $7.4 million in 2024, then grew by 24.9% to $9.2 million in 2025, then sank by 55.1% to $4.1 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $4.1 million, $9.2 million, and $9.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Brookfield 1,261.80 Bn 1,217.21 Bn 18.56 Bn 20.00 Mn
2 BlackRock 165.12 Bn 151.98 Bn - -
3 Blackstone 103.58 Bn 101.13 Bn - -
4 Brookfield Asset Management 76.31 Bn 75.26 Bn - -
5 Apollo Global Management 73.95 Bn 73.95 Bn -409.00 Mn 626.00 Mn
6 State Street 51.18 Bn 51.18 Bn - -
7 Ameriprise Financial 50.08 Bn 40.82 Bn 4.57 Bn 317.00 Mn
8 Raymond James Financial 34.03 Bn 19.06 Bn - -
9 Northern Trust 33.84 Bn 33.84 Bn - -
10 ZeroStack 14,040.78 -2.29 Mn 3.15 Mn 4.13 Mn

Historic Data

Download Data
DateValue
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
Sep 30, 2023 12.38 Mn
Sep 30, 2023 12.38 Mn