Zai Lab (ZLAB) reported $460M in revenue for fiscal 2025, +15.3% year on year. That ranks #2265 by revenue among 2853 SEC filers and #221 in Healthcare. It posted a net loss of −$176M for the same year. Revenue has grown 221.7% a year on average since 2018 ($129,000 then). The fiscal 2025 balance sheet shows $1.2B in total assets and $680M in cash.

Key figures

$129,0002018$13.0M2019$49.0M2020$144M2021$215M2022$267M2023$399M2024$460M2025
Zai Lab — Key figures
Key figuresFY2025YoYSource
RevenueRevenues$460M+15.3%FY20252025-12-31
Gross profitGrossProfit$85,862—FY20182018-12-31
Operating incomeOperatingIncomeLoss−$229M+$52.7MFY20252025-12-31
Net incomeNetIncomeLoss−$176M+$81.6MFY20252025-12-31
Operating cash flowNetCashProvidedByUsedInOperatingActivities−$151M+$64.1MFY20252025-12-31
Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment$8.1M+43.2%FY20252025-12-31
Total assetsAssets$1.2B−1.1%FY20252025-12-31
Shareholders' equityStockholdersEquity$716M−14.9%FY20252025-12-31
CashCashAndCashEquivalentsAtCarryingValue$680M+51.1%FY20252025-12-31
Long-term debtNot reported—

Revenue is total net sales for the fiscal year, taken from each company's own annual filing.

Reported since the last full year

Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.

Zai Lab — Reported since the last full year
QuarterRevenueNet incomeSource
Q1 20262026-03-31$99.6M−$51.0MOpen →
Q2 20262026-06-30$106M−$50.8MOpen →

Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.

Profile

Legal name
Zai Lab Ltd
Ticker
ZLAB
Exchange
Nasdaq
SIC classification
Pharmaceutical Preparations (2834)
Fiscal year end
12-31
CIK
0001704292

Filings

Similar in size, same sector

CompanyRevenueNet income
Travere TherapeuticsTVTX$491M−$25.5M
Porch GroupPRCH$482M−$3.4M
Natures Sunshine ProductsNATR$480M$19.5M
Zai LabZLAB$460M−$176M
AccurayARAY$459M−$1.6M
Tarsus PharmaceuticalsTARS$451M−$66.0M
ArtivionAORT$441M$9.8M

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Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Zai Lab — Key figures |url=https://companiesranked.com/en/company/zai-lab |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Zai Lab — Key figures. CompaniesRanked. https://companiesranked.com/en/company/zai-lab

BibTeX

@misc{companiesranked-en-company-zai-lab-2026,
  author       = {{CompaniesRanked}},
  title        = {{Zai Lab — Key figures}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/zai-lab}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001704292-26-000015 · February 26, 2026

{{cite web |title=Zai Lab — Key figures — 10-K (0001704292-26-000015) |url=https://www.sec.gov/Archives/edgar/data/1704292/000170429226000015/zlab-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-26}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.