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Z Squared (ZSQR) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 13, 2026 · Z Squared (ZSQR) Q2 2026 earnings results →
Q2 2026 667¢ of every $1 of revenue lost · operating margin -672.2%
Z Squared made $1.5M in Q2 2026. Operating margin -672.2%, net loss $9.8M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 13, 2026.
Drawing the Sankey…
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What changed this quarter
Revenue was $1.5M in Q2 2026, up 1192% from the previous quarter.
Operating costs exceeded revenue by $9.9M, an operating margin of -672.2%. The quarter ended with a net loss of $9.8M, wider than the previous quarter's $3.9M loss. Minority interests bore $32K of it: to shareholders the quarter was a loss of $9.8M.
Operating cash flow was $1.6M. Non-cash charges added back $862K of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items added $4.5M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 13, 2026 | $1.5M | — | -672.2% | −$9.8M | $1.6M |
| Q1 2026 | 10-Q | May 15, 2026 | $114K | +81% | n/m | −$3.9M | −$1.8M |
| Q4 2025 | 10-K | Mar 19, 2026 | $862K | — | -230.6% | −$1.9M | −$1.7M |
| Q3 2025 | 10-Q | Nov 14, 2025 | $237K | — | n/m | −$2.7M | −$2.2M |
| Q1 2025 | 10-Q | May 14, 2025 | $63K | — | n/m | −$3.4M | −$2.4M |
Charts
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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⚖️Fair value by methodinteractive
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📈Investments: gains and what it boughtinteractive
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Customers and suppliers named in filings
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About Z Squared
General. On April 24, 2026 (the “Closing” or the “Closing Date”), Z Squared Inc. (the “Company”), formerly known as Coeptis Therapeutics Holdings, Inc., completed the business combination contemplated by the Agreement and Plan of Merger, dated as of April 25, 2025 (the “Merger Agreement”), by and among the Company, CP Merger Sub Inc., a Wyoming corporation and wholly owned subsidiary of the Company (“Merger Sub”), and Z Squared, Inc., a Wyoming corporation. At the effective time of the merger (the “Effective Time”), Merger Sub merged with and into Z Squared, Inc., which survived the merger as a wholly owned subsidiary of the Company and was renamed Z Squared OpCo Inc. (“OpCo”) (the “Merger”). In connection with the Closing, the Company changed its corporate name from “Coeptis Therapeutics Holdings, Inc.” to “Z Squared Inc.”
In its own words, from its 10-Q, filed Aug 13, 2026.
Z Squared against its Finance Services peers
The largest companies of the same SEC industry, each at its latest quarter. Operating margin: -672.2% against the peers' median 5.1%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| ZSQR Z Squared | Q2 2026 | $1.5M | — | -672.2% |
| AXP American Express | Q3 2026 | $20.1B | +9% | 22.6% |
| BTGO Bitgo Holdings | Q2 FY27 | $4.3B | +80% | -0.4% |
| General Motors Financial Company | Q3 2026 | $4.3B | -0.6% | 15.3% |
| SOFI SoFi Technologies | Q3 2026 | $1.4B | +44% | 22.9% |
| COIN Coinbase Global | Q3 2026 | $1.2B | -35% | 5.1% |
| CRCL Circle Internet Group | Q3 2026 | $865M | +17% | 24.1% |
| CHYM Chime Financial | Q3 2026 | $718M | +32% | 4.8% |
| GDOT Green DOT | Q2 2026 | $596M | +18% | -0.1% |
Source: Z Squared 10-Q on SEC EDGAR · CIK 1759186 · Finance Services
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History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q1 2025 results