ZenaTech (ZENA) Q1 2026 earnings summary

Executive summary

• Achieved $8.4 million in Q1 2026 revenue, a 640% year-over-year increase, driven by Drone as a Service (DaaS) and acquisitions.

• DaaS segment contributed 93% of total revenue, reflecting focus on drone integration and automation.

• Expanded DaaS footprint to 26 global locations through acquisitions and corporate stores across North America, Europe, Middle East, and Australia.

• Entered Counter-UAS defense market with new interceptor drones and advanced product development.

Financial highlights

• Q1 2026 revenue reached $8.4 million, up from $1.13 million in Q1 2025.

• DaaS segment revenue was $7.81 million, primarily from land surveying company acquisitions.

• Enterprise SaaS segment revenue was $589,857, down $143,031 year-over-year due to timing of renewals.

• Total assets increased nearly 10% to $109.5 million from $100 million at year-end 2025.

• Maintained approximately $15 million in cash and marketable securities at quarter end.

Outlook and guidance

• Management expects continued growth in 2026, driven by full-year revenue from 2025 acquisitions and ongoing targeted acquisitions.

• Product development in ZenaDrone 1000 and IQ Series to expand revenue streams in defense, agriculture, logistics, and inspection.

• Enterprise SaaS segment expected to remain a strong margin contributor, with growth from marketing and future acquisitions.

• Ongoing investments in defense sector and manufacturing capacity expansion, including new facilities in Arizona and Ukraine.