ZenaTech Q1 Revenue Soars 640% to $8.4M, Driven by Drone Division
ZENA sits 37% above its 52-week low of $1.15.
Summary
ZenaTech reported a substantial 640% year-over-year revenue increase for Q1 2026, reaching $8.4 million (CAD), primarily driven by its Drone as a Service (DaaS) division. This follows a period of aggressive DaaS acquisitions and new drone product developments, including entry into Counter-UAS defense, as detailed in recent SEC filings. The company's strong operational execution is reflected in its continued growth and a maintained cash position of $15 million at quarter-end, providing capital for further organic growth and strategic acquisitions. This significant revenue acceleration suggests strong momentum in its core technology and defense segments.
At the time of this announcement, ZENA was trading at $1.57 on NASDAQ in the Technology sector, with a market capitalization of approximately $72.1M. The 52-week trading range was $1.15 to $7.11. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: GlobeNewswire.