ZeroStack (ZSTK) Operating Expenses (2022 - 2026)
ZeroStack (ZSTK) posted quarterly Operating Expenses of $65.8 million for Q1 2026, down 55.96% on a QoQ basis from $149.4 million in Q4 2025.
ZeroStack (ZSTK) Operating Expenses (2022 - 2026) Analysis & Trends
ZeroStack (ZSTK) has reported Operating Expenses for 5 consecutive years, with $65.8 million the latest figure, recorded in Q1 2026.
- Quarterly Operating Expenses changed N/A year-over-year to $65.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $224.2 million (changed N/A YoY) and the FY2025 annual result came in at $156.3 million, up 1305.46% from the prior year.
- Operating Expenses declined to $65.8 million in Q1 2026 per ZSTK's latest filing, from $149.4 million in the prior quarter.
- Over the last five years, Operating Expenses for ZSTK reached as high as $149.4 million in Q4 2025 and fell as low as $2.6 million in Q3 2024.
- A 5-year average of $23.4 million and a median of $8.4 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses plunged 84.77% — and 2025, when it soared 3645.3%.
- Year by year, Operating Expenses stood at $18.1 million in 2022, then slumped by 39.77% to $10.9 million in 2023, then tumbled by 63.31% to $4.0 million in 2024, then surged by 3645.3% to $149.4 million in 2025, then plunged by 55.96% to $65.8 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $65.8 million, $149.4 million, and $3.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | -14.14 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 3.88 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 2.26 Bn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 4.68 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 1.51 Bn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 3.12 Bn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 1.18 Bn |
| 10 | ZeroStack | 4,239.62 | -2.30 Mn | 3.15 Mn | 65.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |