Zai Lab (ZLAB) Gross Margin (2020 - 2026)
Zai Lab (ZLAB) reported Gross Margin of 844.88% for Q1 2026, down 90849.0% on a YoY basis from N/an in Q1 2025, and down 944.81% sequentially from 100.01% in Q4 2025.
Zai Lab (ZLAB) Gross Margin (2020 - 2026) Analysis & Trends
Zai Lab (ZLAB) has 7 years of Gross Margin data on file, last reported at 844.88% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 90849.0% year-over-year to 844.88%; the trailing twelve-month figure through Mar 2026 stood at 126.34% (up 1671.0% YoY), and the FY2025 full-year result was 81.14%, down 1868.0% from the prior year.
- Gross Margin eased to 844.88% in Q1 2026, from 100.01% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 195.18% in Q4 2024 to a low of 8731.16% in Q2 2024.
- A 5-year average of 932.61% and a median of 66.04% in 2023 frame the typical range for Gross Margin.
- Peak annual rise in Gross Margin reached 880704 bps in 2025, while the deepest fall reached 668023 bps in 2025.
- Tracing ZLAB's Gross Margin over 5 years: stood at 185.58% in 2022, then sank by 51 bps to 90.54% in 2023, then jumped by 116 bps to 195.18% in 2024, then sank by 49 bps to 100.01% in 2025, then tumbled by 945 bps to 844.88% in 2026.
- Business Quant data shows ZLAB's Gross Margin at 844.88% in Q1 2026, 100.01% in Q4 2025, and 6580.57% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | - |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | - |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 88.95% |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 86.85% |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 91.79% |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | 90.68% |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | - |
| 10 | Zai Lab | 21.37 Bn | 21.37 Bn | -34.26 Mn | -844.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -844.88% |
| Dec 31, 2025 | 100.01% |
| Sep 30, 2025 | -6,580.57% |
| Jun 30, 2025 | 75.89% |
| Mar 31, 2025 | 63.60% |
| Dec 31, 2024 | 195.18% |
| Sep 30, 2024 | 99.66% |
| Jun 30, 2024 | -8,731.16% |
| Mar 31, 2024 | 100.00% |
| Dec 31, 2023 | 90.54% |
| Sep 30, 2023 | 63.20% |
| Mar 31, 2023 | 66.02% |
| Dec 31, 2022 | 185.58% |
| Sep 30, 2022 | 65.17% |
| Jun 30, 2022 | 63.87% |
| Mar 31, 2022 | 66.06% |
| Dec 31, 2021 | 50.63% |
| Jun 30, 2021 | 70.58% |
| Mar 31, 2021 | 62.67% |
| Dec 31, 2020 | 54.80% |