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Zai Lab Limited (ZLAB)
NASDAQ: ZLAB · Real-Time Price · USD
22.07
-0.29 (-1.30%)
At close: Oct 30, 2026, 4:00 PM EDT
22.40
+0.33 (1.50%)
After-hours: Oct 30, 2026, 7:30 PM EDT

Zai Lab Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
449.61460.16398.99266.72215.04144.31
Revenue Growth
5.10%15.33%49.59%24.03%49.01%194.77%
Gross Profit
16.9948.1716.62-94.97-145.39-481.23
Operating Income
-264.1-229.43-282.12-376.57-404.36-700.06
Net Income
-188.21-175.54-257.1-334.62-443.29-704.47
Earnings Per Share
-1.70-1.60-2.60-3.46-4.63-7.58
EPS Growth
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Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
617.52689.57779.67806.451,0081,409
Total Debt
254.58224.26153.4715.1520.3915.54
Net Cash (Debt)
362.95465.31626.2791.3988.081,394
Net Cash Growth
-32.88%-25.69%-20.87%-19.91%-29.10%19.29%
Net Cash Per Share
3.284.256.338.1910.3114.99

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-133.38-150.79-214.87-198.18-367.64-549.23
Capital Expenditures
-6.19-8.1-5.66-7.21-24.59-18.3
Free Cash Flow
-139.57-158.89-220.53-205.39-392.23-567.53
Free Cash Flow Growth
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Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
3.78%10.47%4.17%-35.60%-67.61%-
Operating Margin
-58.74%-49.86%-70.71%-141.19%-188.04%-485.10%
Pretax Margin
-42.42%-38.78%-64.44%-125.46%-206.14%-488.16%
Profit Margin
-41.86%-38.15%-64.44%-125.46%-206.14%-488.16%
FCF Margin
-31.04%-34.53%-55.27%-77.01%-182.40%-393.26%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PS Ratio
6.094.267.1510.0813.7041.99