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Zai Lab Limited (ZLAB)
NASDAQ: ZLAB · Real-Time Price · USD
17.61
-0.48 (-2.65%)
At close: Mar 23, 2026, 4:00 PM EDT
17.95
+0.34 (1.93%)
After-hours: Mar 23, 2026, 7:59 PM EDT

Zai Lab Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
460.16398.99266.72215.04144.31
Revenue Growth (YoY)
15.33%49.59%24.03%49.01%194.77%
Cost of Revenue
191.08147.8695.8274.0252.24
Gross Profit
269.08251.13170.9141.0292.07
Selling, General & Admin
277.61298.74281.61258.97218.83
Research & Development
220.9234.5265.87286.41573.31
Other Operating Expenses
--10--
Total Operating Expenses
498.51533.25557.48545.38792.14
Operating Income
-229.43-282.12-366.57-404.36-700.06
Interest Income
33.0537.1139.814.582.19
Interest Expense
-5.21-2.25---
Other Non-Operating Income (Expense)
23.13-9.84-7.84-53.29-6.6
Total Non-Operating Income (Expense)
50.9725.0131.95-38.71-4.41
Pretax Income
-178.46-257.1-334.62-443.07-703.41
Provision for Income Taxes
2.93---0.22-
Net Income
-175.54-257.1-334.62-443.29-704.47
Net Income to Common
-175.54-257.1-334.62-443.29-704.47
Shares Outstanding (Basic)
11099979796
Shares Outstanding (Diluted)
11099979796
Shares Change (YoY)
10.70%2.39%-0.26%1.34%1076.19%
EPS (Basic)
-1.60-2.60-3.50-5.60-4.90
EPS (Diluted)
-1.60-2.60-3.50-5.60-4.90
Free Cash Flow
-158.89-220.53-205.39-392.23-567.53
Free Cash Flow Per Share
-1.45-2.23-2.13-4.05-5.94
Gross Margin
58.47%62.94%64.08%65.58%63.80%
Operating Margin
-49.86%-70.71%-137.44%-188.04%-485.10%
Profit Margin
-38.15%-64.44%-125.46%-206.14%-488.16%
FCF Margin
-34.53%-55.27%-77.01%-182.40%-393.26%
EBITDA
-214.42-270.26-357.54-396.13-693.58
EBITDA Margin
-46.60%-67.74%-134.05%-184.21%-480.61%
EBIT
-229.43-282.12-366.57-404.36-700.06
EBIT Margin
-49.86%-70.71%-137.44%-188.04%-485.10%
Effective Tax Rate
-1.64%0.00%0.00%0.05%0.00%
Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q