ZeroStack (ZSTK) Gross Margin (2022 - 2026)
ZeroStack (ZSTK) posted Gross Margin of 11.85% for Q2 2026, down 72.61% on a QoQ basis from 43.25% in Q1 2026, and up 547.0% year-over-year from 1.83% in Q2 2025.
Analysis
ZeroStack (ZSTK) Gross Margin (2022 - 2026) Analysis & Trends
ZeroStack has reported Gross Margin for 5 years, with the latest figure at 11.85% in Q2 2026.
- On a quarterly basis, Gross Margin rose 547.0% year-over-year to 11.85% in Q2 2026; TTM through Jun 2026 was 13.14%, a 57.0% decrease from a year earlier, with the FY2025 full-year figure at 4.62%, down 150.0% from the prior year.
- Gross Margin was 11.85% for Q2 2026 at ZeroStack, down from 43.25% in the prior quarter.
- The five-year high for Gross Margin was 53.98% in Q1 2022, with the low at 1.71% in Q4 2025.
- Average Gross Margin over 5 years is 24.58%, with a median of 21.37% recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Gross Margin jumped 2144 bps in 2024, then slumped 3915 bps in 2025.
- Over 5 years, Gross Margin stood at 28.64% in 2022, then plunged by 32 bps to 19.42% in 2023, then surged by 110 bps to 40.86% in 2024, then sank by 96 bps to 1.71% in 2025, then jumped by 593 bps to 11.85% in 2026.
- The last three Gross Margin figures came in at 11.85% (Q2 2026), 43.25% (Q1 2026), and 1.71% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 106.22 Bn | 101.06 Bn | 3.69 Bn | 3.50% |
| 2 | Cencora | 62.63 Bn | 59.81 Bn | 3.61 Bn | 4.26% |
| 3 | Cardinal Health | 56.55 Bn | 51.69 Bn | 2.56 Bn | 4.02% |
| 4 | Henry Schein | 9.98 Bn | 9.82 Bn | 1.10 Bn | 31.84% |
| 5 | ZeroStack | 42.33 Mn | 39.37 Mn | 1.62 Mn | 11.85% |
| 6 | 111 | 27.24 Mn | -27.13 Mn | 18.18 Mn | 5.31% |
| 7 | Guardian Pharmacy Services | 5.51 Mn | -84.30 Mn | 80.04 Mn | 22.75% |
| 8 | Ridgetech | 4.71 Mn | -13.30 Mn | - | - |
| 9 | MedWellAI | 2.27 Mn | 2.28 Mn | - | - |
| 10 | DataMeds AI | 1.78 Mn | 1.73 Mn | 170,221.00 | 10.91% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.85% |
| Mar 31, 2026 | 43.25% |
| Dec 31, 2025 | 1.71% |
| Sep 30, 2025 | 3.44% |
| Jun 30, 2025 | 6.38% |
| Dec 31, 2024 | 40.86% |
| Sep 30, 2024 | 6.84% |
| Jun 30, 2024 | 20.19% |
| Mar 31, 2024 | 21.37% |
| Dec 31, 2023 | 19.42% |
| Sep 30, 2023 | 28.54% |
| Jun 30, 2023 | 18.45% |
| Mar 31, 2023 | 27.67% |
| Dec 31, 2022 | 28.64% |
| Sep 30, 2022 | 48.24% |
| Jun 30, 2022 | 37.11% |
| Mar 31, 2022 | 53.98% |