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

ZeroStack (ZSTK) recorded quarterly Cost of Revenue of $4.1 million in Q1 2026, down 55.1% quarter-over-quarter from $9.2 million in Q4 2025, and down 34.8% on a YoY basis from $6.3 million in Q1 2025.

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

ZeroStack's Cost of Revenue history runs 5 years deep, the most recent figure standing at $4.1 million for Q1 2026.

  • In Q1 2026, Cost of Revenue fell 34.8% year-over-year to $4.1 million; the TTM figure through Mar 2026 stood at $34.7 million (up 5.31% YoY), while the FY2025 annual figure was $34.0 million, up 1.06% from the prior year.
  • Cost of Revenue was $4.1 million for Q1 2026 at ZeroStack, down from $9.2 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $17.5 million in Q2 2023 to a low of -$41.6 million in Q4 2023.
  • Historically, Cost of Revenue has averaged $5.9 million across 5 years, with a median of $7.5 million in 2022.
  • Biggest YoY gain for Cost of Revenue was 3048.85% in 2023; the steepest drop was 653.11% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $7.5 million in 2022, then tumbled by 653.11% to -$41.6 million in 2023, then jumped by 117.67% to $7.4 million in 2024, then advanced by 24.9% to $9.2 million in 2025, then sank by 55.1% to $4.1 million in 2026.
  • The last three Cost of Revenue figures came in at $4.1 million (Q1 2026), $9.2 million (Q4 2025), and $9.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 BlackRock 160.20 Bn 150.57 Bn - -
2 Blackstone 96.40 Bn 95.35 Bn - -
3 Kkr 85.87 Bn 133.39 Bn - -
4 Apollo Global Management 79.90 Bn 98.63 Bn 5.04 Bn 15.00 Mn
5 State Street 46.62 Bn 20.95 Bn - -
6 Ameriprise Financial 42.78 Bn 42.65 Bn 4.57 Bn 317.00 Mn
7 Northern Trust 32.35 Bn 32.35 Bn - -
8 Ares Management 30.25 Bn 33.62 Bn - -
9 Raymond James Financial 30.24 Bn 18.99 Bn - -
10 ZeroStack 47,400.08 -2.26 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
Mar 31, 2025 6.33 Mn
Mar 31, 2025 6.33 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 -41.64 Mn
Dec 31, 2023 -41.64 Mn