Zai Lab (ZLAB) Payables (2016 - 2026)
Zai Lab (ZLAB) reported Payables of $374.8 million for Q2 2026, up 33.0% from $281.87 million a year earlier and up 10.2% from the prior quarter.
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Analysis
Zai Lab (ZLAB) Payables (2016 - 2026) Analysis & Trends
At the end of FY2025, Zai Lab posted Payables of $346.14 million, up 48.8% from FY2024.
- Payables has increased for three consecutive years, with a five-year compound annual growth rate of 40.8% (FY2020 to FY2025).
- By year, Payables came in at $232.62 million in FY2024 (+105.9%), $112.99 million in FY2023 (+71.3%), $65.97 million in FY2022 (-47.7%) and $126.16 million in FY2021 (+101.4%).
- The Q2 2026 figure ranks as the highest quarterly Payables in data going back to Q4 2016.
- Year over year, Payables has now increased in each of the last 11 quarters, with growth averaging 88.8% over the last eight quarters.
- The high point for year-over-year Payables in five years was Q3 2024 (growth of 324.7%); the low point was Q4 2022 (a decline of 47.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $339.99 million (Q1 2026), $346.14 million (Q4 2025) and $302.73 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 20.92 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 33.30 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 5.96 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 4.26 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -22.89 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 2.87 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 674.00 Mn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 7.03 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 429.50 Mn |
| 10 | Zai Lab | 2.88 Bn | 198.00 Mn | 58.15 Mn | 374.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 374.80 Mn |
| Mar 31, 2026 | 339.99 Mn |
| Dec 31, 2025 | 346.14 Mn |
| Sep 30, 2025 | 302.73 Mn |
| Jun 30, 2025 | 281.87 Mn |
| Mar 31, 2025 | 276.42 Mn |
| Dec 31, 2024 | 232.62 Mn |
| Sep 30, 2024 | 233.65 Mn |
| Jun 30, 2024 | 197.64 Mn |
| Mar 31, 2024 | 136.39 Mn |
| Dec 31, 2023 | 112.99 Mn |
| Sep 30, 2023 | 55.02 Mn |
| Jun 30, 2023 | 67.03 Mn |
| Mar 31, 2023 | 66.36 Mn |
| Dec 31, 2022 | 65.97 Mn |
| Sep 30, 2022 | 90.11 Mn |
| Jun 30, 2022 | 108.44 Mn |
| Mar 31, 2022 | 98.16 Mn |
| Dec 31, 2021 | 126.16 Mn |
| Sep 30, 2021 | 51.41 Mn |
API Access
Zai Lab Payables 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=payables&ticker=ZLAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=ZLAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();