Zai Lab (ZLAB) Change in Inventory (2020 - 2026)
Zai Lab (ZLAB) reported Change in Inventory of $10.62 million for Q2 2026, up 19.3% from $8.9 million a year earlier but down 5.3% from the prior quarter.
Zai Lab (ZLAB) Change in Inventory (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Zai Lab's Change in Inventory came in at $46.76 million, up 131.1% year-over-year; for FY2025, it came in at $47.03 million.
- Change in Inventory has a five-year compound annual growth rate of 45.7% (FY2020 to FY2025).
- By year, Change in Inventory came in at -$3.9 million in FY2024, $14.91 million in FY2023 (-3.1%), $15.38 million in FY2022 (+114.4%) and $7.17 million in FY2021 (+0.1%).
- Five-year quarterly Change in Inventory spans a low of -$6.82 million in Q1 2024 and a high of $18.92 million in Q4 2025.
- Year over year, Change in Inventory gained in three of the last four quarters, with growth averaging 23.0%.
- The high point for year-over-year Change in Inventory in five years was Q3 2022 (growth of 480.0%); the low point was Q4 2023 (a decline of 76.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $11.21 million (Q1 2026), $18.92 million (Q4 2025) and $6.02 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 571.00 Mn |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 143.00 Mn |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | - |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 31.00 Mn |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | 145.00 Mn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 27.70 Mn |
| 10 | Zai Lab | 2.91 Bn | 224.93 Mn | 58.15 Mn | 10.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.62 Mn |
| Mar 31, 2026 | 11.21 Mn |
| Dec 31, 2025 | 18.92 Mn |
| Sep 30, 2025 | 6.02 Mn |
| Jun 30, 2025 | 8.90 Mn |
| Mar 31, 2025 | 13.20 Mn |
| Dec 31, 2024 | 507,000.00 |
| Sep 30, 2024 | -2.37 Mn |
| Jun 30, 2024 | 4.78 Mn |
| Mar 31, 2024 | -6.82 Mn |
| Dec 31, 2023 | 499,000.00 |
| Sep 30, 2023 | 7.78 Mn |
| Jun 30, 2023 | -59,000.00 |
| Mar 31, 2023 | 6.69 Mn |
| Dec 31, 2022 | 2.15 Mn |
| Sep 30, 2022 | 8.65 Mn |
| Jun 30, 2022 | 3.11 Mn |
| Mar 31, 2022 | 1.48 Mn |
| Dec 31, 2021 | 7.42 Mn |
| Sep 30, 2021 | 1.49 Mn |
Zai Lab Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=ZLAB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "ZLAB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=ZLAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();