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Zenatech, Inc. (ZENA) stock

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NASDAQ: ZENA Nasdaq Systems Software Next results ~November 9, 2026

Zenatech, Inc. is a US-listed company in the systems software industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: data-quality checks not passed.

Price vs value

Under review: data-quality checks not passed. We'll show the comparison once resolved.

Zenatech, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds58 adding, 14 cuttingOf 8 active managers that changed their stake, 7 added; quarter to June 30, 2026Fund buyers and sellers

The Fundamentalytics view

Next results ~November 9, 2026 (estimated)

Zenatech, Inc.'s trailing-twelve-month revenue grew 5.8% year on year, with a free-cash-flow margin of -521.1%.

Current signal Net margin compressing: TTM net margin fell to -228.2%, down 215.0pp year over year.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Loss-making. Operating margin is -153.5%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 140.7 points on a year ago.
  • Burning cash. Free cash flow was -521.1% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 85.5% in a year.
  • Short interest rising. Shares sold short rose 20% in a month to 7.2% of tradable shares.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 4 of the last four quarters.

Latest results

Earnings per share
-$0.25 against an average estimate of -$0.22: missed by 11.5%
Next report
November 9, 2026

Zenatech's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-16.3%
  • 1 week-18.8%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.4M
Operating margin
-153.5%
Net margin
-228.2%
EPS (TTM, diluted)
$-0.95

Growth

Revenue growth
+5.8%
Share count change
+85.5%

Cash

Free cash flow (TTM)
-$31.1M
FCF margin
-521.1%

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for ZENA from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Zenatech, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: data-quality checks not passed.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 9, 2026, after the close.

Analysts' consensus

No analyst estimates are published for Zenatech, Inc.: too few analysts cover it.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.22 −$0.25 −11.5%
Mar 2026 −$0.22 −$0.50 −127.3%
Dec 2025 −$0.12 −$0.58 −383.3%
Sept 2025 −$0.15 −$0.34 −126.7%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

2 analysts, Nov 2026
Buy2100%
Hold00%
Sell00%

Monthly trend

  1. Nov 2026112

Counts of recommendations published by analysts covering Zenatech, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
7.2%
of tradable shares
Days to cover
6.54
at average volume
Short interest, 1 month
+20%
to October 15, 2026
Held by institutions
4%
of shares
Held by insiders
16.9%
of shares
Employees
260
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Fundamentals

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F, 20-F/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2023 Dec 2023 2024 Dec 2024
Income
Revenue 1,355 1,434
EBITDA 21 −1,995
Operating income −173 −2,201
Net income −179 −3,273
Growth (year on year)
Revenue — +5.8%
Margins
EBITDA margin 1.6% −139.2%
Operating margin −12.8% −153.5%
Net margin −13.2% −228.2%
Free-cash-flow margin −108.5% −521.1%
Cash flow
Cash from operations −1,468 −7,181
Capital spending 2 291
Free cash flow −1,469 −7,472
Balance sheet
Cash 1 2,607
Total debt 147 106
Net debt (negative = net cash) 146 −2,501
Diluted shares 17m 18m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

Diluted share count
+85.5%
year over year
Days sales outstanding
36 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in systems software
Last 12 months unless stated ZENA ATGL OWLS QBTS RGTI HUBC Median
Revenue, last 12 months $1m $948865 $8m $12m $13m $32m $1.1bn
Revenue growth, last 12 months 5.8% −40.0% 3.9% −44.2% 68.5% 7.1% 15.7%
Revenue growth, 3-year average — — — 19.0% −2.5% — 16.1%
Revenue growth, latest quarter — — — −0.6% 185.3% — 19.6%
Gross margin — 49.2% 2.6% 64.2% 34.6% 16.7% 69.6%
Operating margin −153.5% −770.5% −409.8% <−999% −727.6% −222.0% 3.6%
Operating margin, 3-year average — — — −810.3% −744.1% — 4.0%
Net margin −228.2% −952.0% −405.2% <−999% <−999% −378.3% 1.5%
Cash from operations / revenue −500.8% −177.9% −146.7% −892.4% −454.7% −99.2% 16.6%
Free-cash-flow margin −521.1% −188.5% −153.5% −963.8% −655.9% −99.3% 14.6%
Free-cash-flow margin, 3-year average — — — −598.1% −638.3% — 18.8%
Stock pay / revenue — 585.4% 217.7% 250.5% 170.7% 10.1% 8.2%
Change in share count 85.5% 10.0% — 40.1% 28.9% 537.5% 2.9%

Median of all 38 companies we cover in systems software. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Who owns it

Funds buying and selling
Reported value
$12M
Institutions reporting
69
Shares held vs prior quarter
▲ 151.2%
Positions opened / closed
40 / 9

Top buyers and sellers, Q2 2026: 58 institutions bought and 14 sold ; the biggest buyer was Blackrock, Inc (+2.6M shares) and the biggest seller DNB Asset Management As (−434K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $4M 2.7M 33.1% ▲ 4024.7%
Vident Advisory, LLC $1.8M 1.2M 14.7% ▲ 20.2%
Susquehanna International Group, LLP $972,870 649K 8.1% ▲ 51.0%
Geode Capital Management, LLC $961,063 641K 8.0% ▲ 3578.2%
State Street Corp $492,450 328K 4.1% New
Vanguard Portfolio Management LLC $441,606 294K 3.7% New
Northern Trust Corp $359,230 239K 3.0% New
Morgan Stanley $345,495 230K 2.9% ▼ 50.8%
Xtx Topco Ltd $282,572 188K 2.4% New
SEB Asset Management AB $227,973 152K 1.9% ▲ 0.8%
UBS Group AG $226,872 151K 1.9% ▲ 1.8%
Charles Schwab Investment Management Inc $161,147 107K 1.3% New

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Zenatech, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Zenatech, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Zenatech, Inc. in brief

What does Zenatech, Inc. do?
Zenatech, Inc. is a US-listed company in the systems software industry. Its financial year ends in December.
What is Zenatech, Inc.'s stock ticker?
Zenatech, Inc. trades under the ticker ZENA on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Zenatech, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Zenatech, Inc. reported revenue of $1.4M, 5.8% higher than a year earlier, according to its SEC filings.
What is Zenatech, Inc.'s free cash flow?
Zenatech, Inc.'s free-cash-flow margin is -521.1% of revenue over the trailing twelve months.
Who are Zenatech, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vident Advisory, LLC and Susquehanna International Group, LLP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Who are Zenatech, Inc.'s competitors?
In our Systems Software peer group, the companies closest to Zenatech, Inc. are Alpha Technology Group Ltd, Obook Holdings Inc., D-wave Quantum Inc., Rigetti Computing, Inc. and Hub Cyber Security Ltd. The side-by-side comparison below sets their revenue, margins and growth against Zenatech, Inc.'s.
When is Zenatech, Inc.'s next earnings date?
Around November 9, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Zenatech, Inc. announces its own schedule.