Growth Metrics

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

Zai Lab's Operating Margin history spans 7 years, with the latest figure at 21.06% for Q4 2025.

  • On a quarterly basis, Operating Margin rose 8284.0% to 21.06% in Q4 2025 year-over-year; TTM through Dec 2025 was 7714.66%, a 762040.0% decrease, with the full-year FY2025 number at 7714.66%, down 764395.0% from a year prior.
  • Operating Margin hit 21.06% in Q4 2025 for Zai Lab, up from 42.05% in the prior quarter.
  • Over the last five years, Operating Margin for ZLAB hit a ceiling of 61.72% in Q4 2023 and a floor of 105891.79% in Q4 2021.
  • Historically, Operating Margin has averaged 8248.47% across 5 years, with a median of 120.72% in 2023.
  • Biggest five-year swings in Operating Margin: crashed -10526070bps in 2021 and later soared 10573026bps in 2022.
  • Tracing ZLAB's Operating Margin over 5 years: stood at 105891.79% in 2021, then skyrocketed by 100bps to 161.53% in 2022, then skyrocketed by 138bps to 61.72% in 2023, then tumbled by -200bps to 61.78% in 2024, then surged by 134bps to 21.06% in 2025.
  • Business Quant data shows Operating Margin for ZLAB at 21.06% in Q4 2025, 42.05% in Q3 2025, and 49.91% in Q2 2025.