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| Date | Value |
|---|---|
| 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 |