ZeroStack (ZSTK) Operating Expenses (2022 - 2026)
ZeroStack (ZSTK) posted quarterly Operating Expenses of $25.9 million for Q2 2026, up 1111.43% year-over-year from $2.1 million in Q2 2025, and down 60.71% on a QoQ basis from $65.8 million in Q1 2026.
ZeroStack (ZSTK) Operating Expenses (2022 - 2026) Analysis & Trends
ZeroStack has reported Operating Expenses for 5 years, with the latest figure at $25.9 million in Q2 2026.
- Operating Expenses for Q2 2026 came in at $25.9 million, up 1111.43% year-over-year; the trailing twelve-month figure through Jun 2026 was $244.7 million (up 2701.14% YoY), and the FY2025 annual result was $156.3 million, up 1305.46% from the prior year.
- Operating Expenses retreated to $25.9 million in Q2 2026, from $65.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $149.4 million in Q4 2025 and troughed at $2.1 million in Q2 2025.
- A 5-year average of $23.3 million and a median of $9.1 million in 2022 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2024, when Operating Expenses plunged 84.77%; it then surged 3645.3% in 2025.
- A 5-year view of Operating Expenses shows it stood at $18.1 million in 2022, then tumbled by 39.77% to $10.9 million in 2023, then plunged by 63.31% to $4.0 million in 2024, then surged by 3645.3% to $149.4 million in 2025, then tumbled by 82.7% to $25.9 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $25.9 million in Q2 2026, $65.8 million in Q1 2026, and $149.4 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.84 Bn | 164.97 Bn | - | 4.62 Bn |
| 2 | Blackstone | 114.93 Bn | 112.42 Bn | - | 2.38 Bn |
| 3 | Kkr | 97.36 Bn | -179.71 Bn | - | 5.41 Bn |
| 4 | Brookfield | 93.48 Bn | 46.08 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 83.78 Bn | 82.28 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 78.60 Bn | 53.23 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 51.58 Bn | 51.58 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 51.28 Bn | 40.24 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Raymond James Financial | 34.02 Bn | 20.77 Bn | - | 3.18 Bn |
| 10 | ZeroStack | 51.60 Mn | 48.63 Mn | 1.62 Mn | 25.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.85 Mn |
| Mar 31, 2026 | 65.80 Mn |
| Dec 31, 2025 | 149.40 Mn |
| Sep 30, 2025 | 3.60 Mn |
| Jun 30, 2025 | 5.40 Mn |
| Dec 31, 2024 | 3.99 Mn |
| Sep 30, 2024 | 2.61 Mn |
| Jun 30, 2024 | 6.71 Mn |
| Mar 31, 2024 | 6.34 Mn |
| Dec 31, 2023 | 10.87 Mn |
| Sep 30, 2023 | 5.48 Mn |
| Jun 30, 2023 | 44.02 Mn |
| Mar 31, 2023 | 7.72 Mn |
| Dec 31, 2022 | 18.05 Mn |
| Sep 30, 2022 | 9.06 Mn |
| Jun 30, 2022 | 24.84 Mn |
| Mar 31, 2022 | 10.33 Mn |