Zone Frontier Inc (ZONE) AI Stock Analysis
ZONE AI stock analysis summary
AI ResearchZone Frontier Inc (ZONE) develops data center campuses for artificial intelligence companies alongside aqueous ozone cleaning systems. In FY2026, the company generated $3.4M in revenue, up 64.3% year over year, while posting a net income of -$174.2M. As of June 30, 2026, the company held $15.4M in cash and short-term investments against a market capitalization of $48.3M.
- Market cap
- $48.3M
- Revenue (TTM)
- $3.4M
- P/E
- —
- 1Y return
- -93.3% S&P 500 16.8%
- Avg. target
- —
Bull case
- Zone Frontier grew annual revenue by 64.3% in FY2026 to reach $3.4M.
- The balance sheet maintained net cash of $15.2M with a current ratio of 21.24 as of June 30, 2026.
- Total debt remained minimal at $273,098, resulting in a low debt-to-equity ratio of 0.01.
Bear case
- Net income dropped to -$174.2M in FY2026, yielding a net margin of -5112.7%.
- Free cash flow worsened to -$18.2M in FY2026 from -$2.4M in FY2025.
- The stock price fell 93.3% over the trailing 12 months to close at $0.10 on October 16, 2026.
What Zone Frontier does
Zone Frontier Inc. develops data center campuses that provide land, power, and infrastructure to support artificial intelligence companies in the United States. The company operates through two segments: CleanCore and Critical AI Infrastructure. Its Critical AI Infrastructure segment engages in the development, construction, and operation of data center facilities. Its CleanCore segment develops and produces cleaning products that generate pure aqueous ozone using nanobubble technology for professional, industrial, and home use, covering janitorial, sanitation, laundry, ice-machine, and industrial hard-surface cleaning applications.
Growth and profitability
Zone Frontier's revenue rose 64.3% in FY2026 to $3.4M, up from $2.1M in FY2025 and $1.6M in FY2024, achieving a 5-year revenue CAGR of 15.3% from FY2021 to FY2026. Operating performance contracted sharply over the period. Operating margin dropped from -308.1% in FY2025 to -1585.0% in FY2026, while gross margin fell from 47.6% to 30.2%. Net income decreased to -$174.2M in FY2026, leading to an EPS of -$1.18. In the latest quarter ended June 30, 2026, quarterly revenue fell 0.8% year over year, and trailing twelve month operating margin stood at -686.2%.
Balance sheet and cash flow
As of June 30, 2026, Zone Frontier held $15.4M in cash and short-term investments with total debt of $273,098, leaving net cash of $15.2M. Total assets were $52.5M, and shareholders' equity totaled $51.5M. The company reported a current ratio of 21.24 and a debt-to-equity ratio of 0.01. Operating cash flow was -$18.2M in FY2026, and free cash flow was -$18.2M, with capital expenditures of $37,555.
Valuation and performance
At a share price of $0.10 on October 16, 2026, Zone Frontier traded at a price-to-sales multiple of 14.2x and an EV to revenue multiple of 8.4x, compared to a median price-to-sales ratio of 2.8x for its US-listed Technology peers. The company has a price-to-book ratio of 0.5x and an enterprise value of $28.6M. Over the trailing 12 months, the stock fell 93.3%, underperforming the S&P 500 (SPY) return of 16.8%, and traded 75.9% below its 200-day average.
What analysts expect
Zone Frontier currently has no published analyst consensus ratings or price targets. The company reported an EPS TTM of -$1.04 as of the latest quarter ended June 30, 2026, following an EPS of -$1.18 in FY2026 and -$0.67 in FY2025. Institutional investors own 10.2% of the company's shares, while insiders hold 3.1%, and short interest represents 2.7% of the float. The company's next earnings date is scheduled for November 12, 2026.
Key risks and what to watch
- Operating margin over the trailing twelve months was -686.2%, reflecting severe operating losses.
- Operating cash flow of -$18.2M in FY2026 exceeded the remaining cash and short-term investments of $15.4M as of June 30, 2026.
- The stock carries elevated price volatility, marked by a beta of 2.59 and a position 75.9% below its 200-day average.
- Quarterly revenue fell 0.8% year over year in the quarter ended June 30, 2026.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this ZONE AI stock analysis
This page is an AI-written research summary of Zone Frontier Inc (ZONE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: ZONE income statement, ZONE balance sheet, ZONE key metrics, ZONE chart. See the ZONE stock overview for the latest quote and news.
ZONE AI stock analysis FAQ
What does Zone Frontier Inc. do?
Zone Frontier Inc. develops data center campuses providing land, power, and infrastructure to artificial intelligence companies, and produces aqueous ozone cleaning solutions through its CleanCore segment.
What was Zone Frontier's revenue and net income in FY2026?
In FY2026, Zone Frontier generated $3.4M in revenue and reported a net income of -$174.2M.
How much cash and debt does Zone Frontier have?
As of June 30, 2026, Zone Frontier held $15.4M in cash and short-term investments and $273,098 in total debt.
Does Zone Frontier pay a dividend?
Zone Frontier does not pay a dividend.
When is Zone Frontier's next earnings date?
Zone Frontier's next earnings report is scheduled for November 12, 2026.