Growth Metrics

ZeroStack (ZSTK) Operating Expenses (2020 - 2026)

ZeroStack's quarterly Operating Expenses came in at $65.8 million in Q1 2026, up 2954.74% year-on-year from $2.2 million in Q1 2025, and down 55.96% quarter-over-quarter from $149.4 million in Q4 2025.

ZeroStack has reported Operating Expenses for 7 years, with the latest figure at $65.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 2954.74% year-over-year to $65.8 million; the trailing twelve-month figure through Mar 2026 stood at $224.2 million (up 1350.26% YoY), and the FY2025 full-year result was $156.3 million, up 1305.46% from the prior year.
  • Operating Expenses for Q1 2026 stood at $65.8 million, down from $149.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $149.4 million in Q4 2025, with the low at $2.2 million in Q1 2025.
  • Average Operating Expenses over 5 years is $22.1 million, with a median of $7.7 million recorded in 2023.
  • Year-over-year, Operating Expenses sank 84.77% in 2024 and jumped 3645.3% in 2025.
  • Tracing ZSTK's Operating Expenses over 5 years: stood at $18.1 million in 2022, then sank by 39.77% to $10.9 million in 2023, then slumped by 63.31% to $4.0 million in 2024, then jumped by 3645.3% to $149.4 million in 2025, then tumbled by 55.96% to $65.8 million in 2026.
  • The last three Operating Expenses figures came in at $65.8 million (Q1 2026), $149.4 million (Q4 2025), and $3.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 3.88 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 2.26 Bn
3 Kkr 84.94 Bn 132.45 Bn - 3.87 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 733.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 4.68 Bn
6 State Street 44.42 Bn 18.75 Bn - 2.81 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 3.67 Bn
8 Northern Trust 31.21 Bn 31.21 Bn - 1.51 Bn
9 Ares Management 28.85 Bn 32.22 Bn - 1.17 Bn
10 ZeroStack 783,883.42 -1.52 Mn 3.15 Mn 65.80 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 65.80 Mn
Dec 31, 2025 149.40 Mn
Sep 30, 2025 3.60 Mn
Jun 30, 2025 5.40 Mn
Mar 31, 2025 2.15 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
Sep 30, 2021 4.23 Mn
Jun 30, 2021 3.31 Mn
Jun 30, 2020 1.73 Mn