Zai Lab (ZLAB) Cost of Revenue (2020 - 2026)

Zai Lab's (ZLAB) quarterly Cost of Revenue came in at $38.3 million in Q1 2026, up 19548.72% year-on-year from N/an in Q1 2025, and down 79.83% quarter-over-quarter from $190.0 million in Q4 2025.

Zai Lab (ZLAB) Cost of Revenue (2020 - 2026) Analysis & Trends

Zai Lab has disclosed Cost of Revenue across 7 years of filings, most recently posting $38.3 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $38.3 million, up 19548.72% year-over-year; the trailing twelve-month figure through Mar 2026 was $228.6 million (up 25.37% YoY), and the FY2025 annual result was $190.5 million, up 29.5% from the prior year.
  • Cost of Revenue came in at $38.3 million for Q1 2026 at Zai Lab, down from $190.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $190.0 million in Q4 2025 to a low of $119000.0 in Q3 2025.
  • The 5-year median for Cost of Revenue is $21.1 million (2022), against an average of $41.2 million.
  • Across the five-year window, Cost of Revenue slumped 99.42% in 2025 and surged 19548.72% in 2026, its largest moves.
  • Zai Lab's Cost of Revenue stood at $20.9 million in 2022, then jumped by 357.92% to $95.8 million in 2023, then soared by 53.09% to $146.7 million in 2024, then climbed by 29.52% to $190.0 million in 2025, then sank by 79.83% to $38.3 million in 2026.
  • The last three Cost of Revenue figures came in at $38.3 million (Q1 2026), $190.0 million (Q4 2025), and $119000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 64.20 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 48,670.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 392.80 Mn
9 Abivax 91.96 Bn 91.96 Bn - 2.05 Mn
10 Zai Lab 20.15 Bn 20.05 Bn 61.30 Mn 38.32 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 38.32 Mn
Mar 31, 2026 38.32 Mn
Dec 31, 2025 189.99 Mn
Dec 31, 2025 189.99 Mn
Sep 30, 2025 119,000.00
Sep 30, 2025 119,000.00
Jun 30, 2025 217,000.00
Jun 30, 2025 217,000.00
Mar 31, 2025 195,000.00
Mar 31, 2025 195,000.00
Dec 31, 2024 146.69 Mn
Dec 31, 2024 146.69 Mn
Sep 30, 2024 348,000.00
Sep 30, 2024 348,000.00
Jun 30, 2024 35.15 Mn
Jun 30, 2024 35.15 Mn
Mar 31, 2024 33.62 Mn
Mar 31, 2024 33.62 Mn
Dec 31, 2023 95.82 Mn
Dec 31, 2023 95.82 Mn