Saturday 17 October 2026
Export ZSQR’s income statement to Excel — free account
Z Squared Inc.
ZSQR Technology Software Infrastructure
Z Squared Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 million. In the quarter to June 2026, revenue grew 689.0%, EPS grew 76.1%, free cash flow fell 34.2% and total debt was flat, each against the same quarter a year earlier. Insiders bought in the last twelve months.
4.07
0.21
−4.91%
Follow ZSQR
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | 196.00 | 192.60 | 20.60 | 14.40 | 2.31 | 3.80 |
Analyst estimates 2026–2028 Powerpack |
|||
| High | — | — | — | — | 223.80 | 207.60 | 428.40 | 43.80 | 15.84 | 21.41 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | 2 | 2 | 5 | 7 | 7 | 6 | ||||
| Revenue/emp, $m | — | — | — | — | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.23 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | 0 | — | — | — | 1 | ||||
| Gross margin, % | — | — | — | — | — | 100.00 | 0.00 | — | — | 86.75 | |||||
| EBT | — | — | 0 | 0 | (17) | (13) | (38) | (21) | (11) | (12) | |||||
| EBT margin, % | — | — | 0.00 | 0.00 | 0.00 | (17,932.40) | 0.00 | 0.00 | 0.00 | (900.75) | |||||
| Net income | — | 0 | 0 | 0 | (17) | (13) | (38) | (21) | (11) | (12) | |||||
| Depreciation | — | — | — | — | — | 0 | 1 | 1 | 1 | 2 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | 0.00 | 0.00 | 0.00 | 0.14 | 0.00 | 0.00 | 0.00 | 0.32 | ||||
| Earnings | — | — | 0.00 | (0.03) | (184.32) | (24.64) | (52.57) | (16.60) | (5.65) | (2.81) | |||||
| Cash flow | — | — | (0.01) | (0.02) | (1.23) | (8.23) | (5.42) | (5.64) | (3.45) | (2.03) | |||||
| Capex | — | — | 0.00 | 0.00 | 0.00 | (3.21) | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Free cash flow | — | — | (0.01) | (0.02) | (1.23) | (11.43) | (5.42) | (5.64) | (3.45) | (2.03) | |||||
| Book value | — | — | 0.00 | 0.18 | (234.50) | 4.31 | 6.23 | 0.63 | 2.01 | 3.32 | |||||
| Shares, m | — | — | 11 | 0 | 0 | 1 | 1 | 1 | 2 | 4 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | 0.00 | — | — | — | 0.00 | ||||
| P/S | — | — | — | — | — | 0.00 | — | — | — | 38.59 | |||||
| P/B | — | — | — | — | — | 46.44 | — | — | — | 46,419.92 | |||||
| EV/Sales | — | — | — | — | — | 0.00 | — | — | — | 38.69 | |||||
| EV/FCF | — | — | — | — | — | (24.20) | — | — | — | (7.03) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | 0 | 0 | 0 | (4) | (4) | (7) | (7) | (9) | ||||
| Capex | — | — | — | — | — | (2) | — | — | — | — | |||||
| Free cash flow | — | — | 0 | 0 | 0 | (6) | (4) | (7) | (7) | (9) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | 0 | 0 | 1 | (1) | 2 | (1) | (3) | 6 | ||||
| Total debt | — | — | 0 | 0 | — | 2 | 0 | 0 | 0 | 0 | |||||
| Net debt | — | — | 0 | 0 | (1) | (1) | (4) | (1) | 0 | (6) | |||||
| Shareholders’ equity | — | — | 0 | 0 | (22) | 2 | 4 | 1 | 4 | 14 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | (17.75) | (1.75) | (44.95) | (32.22) | (511.86) | (340.62) | (158.47) | (95.10) | ||||
| ROIC | — | — | 0.00 | (9.05) | 0.00 | (482.08) | (2,632.08) | 0.00 | (180.35) | (103.62) | |||||
| ROE | — | — | (42.26) | (13.10) | 157.23 | 136.92 | (1,104.49) | (807.49) | (456.31) | (132.89) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Z Squared Inc. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PSFE Paysafe Limited | $295.5M | — (loss-making) | — (loss-making) | +4.49% (above 0%: growing) | n/m | −148.29% (below 0%: shrinking) | 54.48% | (2.84%) | Compare |
| ARQQ Arqit Quantum Inc. | $276.7M | 175× | — (loss-making) | +1,196.45% (above 0%: growing) | n/m | −12,314.98% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| BKKT Bakkt Holdings, Inc. | $265.9M | — (loss-making) | 27.0× | −70.05% (below 0%: shrinking) | n/m | −401.44% (below 0%: shrinking) | 1.30% | (11.53%) | Compare |
| MOVE Corvex, Inc. | $265.4M | — (loss-making) | — (loss-making) | +3,590.29% (above 0%: growing) | n/m | −91.41% (below 0%: shrinking) | 44.28% | (400.32%) | Compare |
| GRRR Gorilla Technology Group Inc. | $231.4M | — (loss-making) | — (loss-making) | +223.14% (above 0%: growing) | n/m | −128.98% (below 0%: shrinking) | 21.09% | (145.44%) | Compare |
| ZSQR Z Squared Inc. | $226.8M | — (loss-making) | — (loss-making) | +688.99% (above 0%: growing) | n/m | −34.24% (below 0%: shrinking) | (111.52%) | (871.15%) | |
| ZENA ZenaTech, Inc. | $225.5M | — (loss-making) | — (loss-making) | — | n/m | −159.28% (below 0%: shrinking) | 100.00% | (234.70%) | Compare |
| PDYN Palladyne AI Corp. | $200.8M | — (loss-making) | — (loss-making) | +469.75% (above 0%: growing) | n/m | −106.98% (below 0%: shrinking) | 29.07% | (231.94%) | Compare |
| EXOD Exodus Movement, Inc. | $182.4M | — (loss-making) | — (loss-making) | +1.55% (above 0%: growing) | n/m | −825.45% (below 0%: shrinking) | 100.00% | (174.61%) | Compare |
| Median of peers | $248.4M | — | — | +223.14% | — | −153.79% | 36.68% | (160.02%) |
Z Squared Inc. (ZSQR) key facts
- Z Squared Inc. (ZSQR) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
- Z Squared Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 million.
- As of October 16, 2026, ZSQR traded at $4.07, a market capitalization of $226.8 million.
- Return on equity was −132.9% and debt-to-equity 0.00.
- Its Altman Z-score is 5.66 (safe zone) for fiscal 2025.