ZenaTech (ZENA) Q2 2026 earnings summary

Executive summary

• Achieved seventh consecutive quarter of revenue growth, with Q2 2026 revenue up 316% year-over-year to $9.3 million and first half revenue up 425% to $17.7 million.

• Drone as a Service (DaaS) segment drove nearly 93% of total revenue, supported by four new acquisitions and expansion into new markets including Australia, South Korea, and the UK.

• Advanced defense product portfolio, including Blue UAS certification progress and new counter-UAS platforms, and joined the Russell 3000® Index.

Financial highlights

• Q2 2026 revenue: $9.3 million, up 316% from Q2 2025; six-month revenue: $17.7 million, up 425% year-over-year.

• DaaS segment contributed $8.1 million in Q2 and $16.4 million for the first half; Enterprise SaaS contributed $1.2 million in Q2.

• Total assets grew 50% to $149.2 million as of June 30, 2026; cash increased 105% to $12.2 million.

• Net loss of $22.5 million in Q2, reflecting heavy investment in global expansion and R&D.

Outlook and guidance

• Expects continued growth in 2026 from closing signed acquisitions, integrating businesses into drone-based delivery, and expanding data analytics services.

• Plans to advance product development, Blue UAS certification, and defense agency engagement for new contracts.

• Focus on expanding manufacturing, launching new SaaS offerings, and maintaining balance sheet flexibility for organic and acquisition-led growth.