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
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
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