ZenaTech Reports Over 27% Organic Growth Across Existing Drone as a Service Operations and Estimates Q3 2026 Total Revenue in Range of C$13.4 Million to C$14.8 Million
The third-quarter revenue estimate exceeds reported second-quarter revenue, but remains preliminary and unaudited.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
ZenaTech (ZENA) reported average organic revenue growth of 27.1% in 2026 across its existing Drone as a Service operations. The measure covers approximately 20 primarily U.S. locations added in 2025 and excludes acquisitions completed in 2026. Some individual locations generated organic growth of over 40% during the period.
The company estimates third-quarter 2026 total revenue of C$13.4 million to C$14.8 million (US$9.5 million to US$10.5 million), compared with reported second-quarter revenue of C$9.3 million (approximately US$6.6 million). The estimates are preliminary and unaudited; final revenue may differ. Drone as a Service, which delivers drone-powered services on a subscription or usage basis, accounted for approximately 93% of second-quarter 2026 total revenue. Management attributes organic growth partly to drone and AI integration and commercial initiatives.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate point. Forward-looking: it has not happened yet and may not happen.Estimated Q3 2026 revenue of C$13.4 million–C$14.8 million exceeds reported Q2 revenue of C$9.3 million.
- Moderate point2026 organic revenue growth averaged 27.1% across approximately 20 locations added in 2025; some exceeded 40%.
Negative
- Minor point. Forward-looking: it has not happened yet and may not happen.Q3 2026 revenue estimates are preliminary and unaudited; final revenue may differ.
Key Figures
- Average organic revenue growth
- 27.1%
- 2026 across DaaS locations added in 2025; excludes acquisitions completed in 2026
- Estimated total revenue
- C$13.4M–C$14.8M (US$9.5M–US$10.5M)
- Q3 2026 preliminary, unaudited estimate
- Reported total revenue
- C$9.3M
- Q2 2026 comparison
- DaaS share of total revenue
- Approximately 93%
- Q2 2026
Key Terms
saas technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, British Columbia, Oct. 13, 2026 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces organic revenue growth averaging
ZenaTech also estimates that total revenue for the third quarter of 2026 will be between C
“Over
For context, IBISWorld estimates the U.S. Surveying & Mapping Services industry has grown at a compound annual rate of
Management attributes the organic growth to a combination of operational and commercial drivers. Operationally, ZenaTech integrates drones and AI into each location’s workflow, speeding up fieldwork and data delivery and automating more of the process, which allows locations to take on more work with their existing teams. It also trains existing land surveyors to become drone pilots, expanding capacity while lowering labor costs. Commercially, ZenaTech’s marketing investments are building name recognition for its DaaS brand and sales leads, and the Company is introducing packaged services tailored to fast-growing segments, including surveying for AI data center construction and services for large residential homebuilders.
ZenaTech’s Drone as a Service model is similar to Software as a Service (SaaS), but instead of delivering software through a subscription, it delivers turnkey drone-powered services and data on a recurring subscription or usage basis. The platform provides business and government customers with drone services using its vertically integrated ZenaDrone drones, for a host of surveying, inspections, maintenance, power washing, and precision agriculture solutions, eliminating the need for customers to own, operate and maintain commercial-grade drone fleets. Through the acquisition of established, under-digitized service businesses, ZenaTech is building a scalable global Drone as a Service network and AI autonomy platform, with recurring revenue and an existing customer base, while integrating advanced drone technologies to deliver greater speed, precision, safety, and data-driven insights. The Company continues to expand its geographic footprint, service offerings, and drone capabilities to drive long-term growth.
About ZenaTech
ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform commercial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global Drone as a Service (DaaS) business, and an enterprise SaaS division of software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries including land surveys and inspections, driving drone-based scalable and recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, Asia, and Australia, ZenaTech is advancing AI drones for agriculture and logistics, as well as ISR, cargo, and counter-UAS applications for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&D initiatives.
About ZenaDrone
ZenaDrone, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio includes the ZenaDrone 1000 for ISR defense and specialized cargo, the IQ Nano for indoor inventory management and security, the IQ Square for outdoor inspections and maintenance, the IQ Quad for land surveying, and the IQ Aqua for underwater applications. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system.
Contacts for more information:
Company, Investors, and Media:
Linda Montgomery
ZenaTech
312-241-1415
Investors:
Michael Mason
CORE IR
investors@zenatech.com
Safe Harbor
This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management's expectations and projections regarding ZenaTech's growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech's expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000, IQ Square, IQ Nano, IQ Quad, ZenaTech 2000, IQ Glider, IQ Sphere, IQ Aqua and Interceptor P-1; ZenaTech's ability to develop products for markets as currently contemplated; ZenaTech's anticipated cash needs and its needs for additional financing; ZenaTech's intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech's expected business objectives for the next twelve months; ZenaTech's ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech and other related risks and uncertainties disclosed under the heading “Risk Factors” in the Company's Form F-1, Form 20-F and other filings filed with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC's website at www.sec.gov. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What revenue does ZenaTech estimate for the third quarter of 2026?
ZenaTech estimates total revenue of C$13.4 million to C$14.8 million (US$9.5 million to US$10.5 million) for the third quarter of 2026. Reported second-quarter revenue was C$9.3 million (approximately US$6.6 million). The estimates are preliminary and unaudited, and final revenue may differ.
Which ZenaTech operations are included in its 27.1% organic revenue growth figure?
The 27.1% average organic revenue growth in 2026 covers approximately 20 primarily U.S. Drone as a Service locations added in 2025. It excludes acquisitions completed in 2026. Some individual locations generated organic growth of over 40% during the period.