Zai Lab (ZLAB) Research & Development (2020 - 2026)

Zai Lab's (ZLAB) quarterly Research & Development came in at $65.6 million in Q1 2026, up 8.01% year-on-year from $60.7 million in Q1 2025, and up 6.42% quarter-over-quarter from $61.6 million in Q4 2025.

Zai Lab (ZLAB) Research & Development (2020 - 2026) Analysis & Trends

Zai Lab has disclosed Research & Development across 7 years of filings, most recently posting $65.6 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $65.6 million, up 8.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $225.8 million (down 6.16% YoY), and the FY2025 annual result was $220.9 million, down 5.8% from the prior year.
  • Research & Development came in at $65.6 million for Q1 2026 at Zai Lab, up from $61.6 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $99.5 million in Q3 2022 to a low of $47.9 million in Q3 2025.
  • The 5-year median for Research & Development is $61.6 million (2024), against an average of $63.1 million.
  • Peak annual rise in Research & Development reached 80.48% in 2022, while the deepest fall reached 73.58% in 2022.
  • Zai Lab's Research & Development stood at $66.9 million in 2022, then increased by 22.41% to $81.9 million in 2023, then sank by 36.24% to $52.3 million in 2024, then increased by 17.95% to $61.6 million in 2025, then rose by 6.42% to $65.6 million in 2026.
  • The last three Research & Development figures came in at $65.6 million (Q1 2026), $61.6 million (Q4 2025), and $47.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.32 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 15.66 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 626,092.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -101.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -2.30 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 1.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 357,444.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 961.60 Mn
9 Abivax 91.96 Bn 91.96 Bn - -58.00 Mn
10 Zai Lab 20.15 Bn 20.05 Bn 61.30 Mn 65.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 65.59 Mn
Dec 31, 2025 61.63 Mn
Sep 30, 2025 47.93 Mn
Jun 30, 2025 50.61 Mn
Mar 31, 2025 60.73 Mn
Dec 31, 2024 52.25 Mn
Sep 30, 2024 65.98 Mn
Jun 30, 2024 61.63 Mn
Mar 31, 2024 54.65 Mn
Dec 31, 2023 81.95 Mn
Sep 30, 2023 58.77 Mn
Jun 30, 2023 76.68 Mn
Mar 31, 2023 48.47 Mn
Dec 31, 2022 66.95 Mn
Sep 30, 2022 99.52 Mn
Jun 30, 2022 66.08 Mn
Mar 31, 2022 53.85 Mn
Dec 31, 2021 172.09 Mn
Sep 30, 2021 55.14 Mn
Jun 30, 2021 142.22 Mn