ZenaTech Letter to Shareholders Outlines 316% Q2 Revenue Growth and Seventh Consecutive Quarter of Sequential Growth
Key Highlights
- ➤Q2 revenue $9.3 million, up 316% year over year
- ➤First-half revenue $17.7 million, up 425% year over year
- ➤DaaS generated $8.6 million, nearly 93% of Q2 revenue
- ➤Signed acquisition offers expected to contribute approximately $40 million revenue in first 12 months
- ➤ZenaDrone 1000, IQ Nano and IQ Square advanced into Blue UAS cybersecurity phase
Expert Statements
Shaun Passley, CEO of ZenaTech
“Second-quarter revenue reached $9.3 million, up 316% year over year, while revenue for the first six months reached $17.7 million, up 425% from the comparable period last year.”
Shaun Passley, CEO of ZenaTech
“Drone as a Service remained our primary revenue engine, contributing $8.6 million, or nearly 93% of total revenue in the quarter, and $16.4 million during the first half.”
Shaun Passley, CEO of ZenaTech
“We have now delivered seven consecutive quarters of sequential revenue growth since Q4 2024.”
Shaun Passley, CEO of ZenaTech
“At the time of our Q2 results announcement, signed acquisition offers across the U.S., Canada and Australia, if completed, were expected to contribute approximately $40 million in revenue during the first 12 months following closing.”
Shaun Passley, CEO of ZenaTech
“We have received our first confirmed U.S. government defense agency demonstration request and are planning demonstrations involving the IQ Nano, ZenaDrone 1000 and IQ Square for applications including inspections, surveys, specialized cargo, reconnaissance and inventory management.”
Drone as a Service generated $8.6 million, or nearly 93% of Q2 revenue, as the Company expanded its operating platform and advanced its defense technology portfolio
VANCOUVER, British Columbia, Oct. 01, 2026 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech" or the "Company"), a technology solution provider specializing in AI-powered drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, today provides a business update and future outlook in a letter to shareholders from CEO Shaun Passley, Ph.D. Unless otherwise indicated, all financial figures are expressed in Canadian dollars.
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