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| 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 |
| 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 |