Zai Lab (ZLAB) Operating Leases (2019 - 2026)

Zai Lab (ZLAB) posted Operating Leases of $12.1 million for Q1 2026, down 9.55% sequentially from $13.4 million in Q4 2025, and down 1.72% YoY from $12.3 million in Q1 2025.

Zai Lab (ZLAB) Operating Leases (2019 - 2026) Analysis & Trends

Zai Lab has reported Operating Leases for 8 years, with the latest figure at $12.1 million in Q1 2026.

  • Quarterly Operating Leases fell 1.72% year-over-year to $12.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.1 million (down 1.72% YoY) and the FY2025 annual result came in at $13.4 million, down 2.38% from the prior year.
  • Operating Leases eased to $12.1 million in Q1 2026 per ZLAB's latest filing, from $13.4 million in the prior quarter.
  • Over five years, Operating Leases peaked at $13.9 million in Q3 2022 and troughed at $5.8 million in Q2 2024.
  • A 5-year average of $11.0 million and a median of $11.8 million in 2023 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2024 and 2025: Operating Leases tumbled 50.63% in 2024, then soared 94.85% in 2025.
  • Over 5 years, Operating Leases stood at $13.3 million in 2022, then tumbled by 39.69% to $8.0 million in 2023, then jumped by 70.4% to $13.7 million in 2024, then dropped by 2.38% to $13.4 million in 2025, then slipped by 9.55% to $12.1 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $12.1 million, $13.4 million, and $10.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn
7 Royalty Pharma 33.72 Bn 35.84 Bn -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn
10 Zai Lab 2.91 Bn 2.20 Bn 58.15 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 11.45 Mn
Mar 31, 2026 12.11 Mn
Dec 31, 2025 13.39 Mn
Sep 30, 2025 10.84 Mn
Jun 30, 2025 11.31 Mn
Mar 31, 2025 12.32 Mn
Dec 31, 2024 13.71 Mn
Sep 30, 2024 6.11 Mn
Jun 30, 2024 5.80 Mn
Mar 31, 2024 7.54 Mn
Dec 31, 2023 8.05 Mn
Sep 30, 2023 9.81 Mn
Jun 30, 2023 11.76 Mn
Mar 31, 2023 12.98 Mn
Dec 31, 2022 13.34 Mn
Sep 30, 2022 13.89 Mn
Jun 30, 2022 12.96 Mn
Mar 31, 2022 11.10 Mn
Dec 31, 2021 9.61 Mn
Sep 30, 2021 10.65 Mn