Zai Lab (ZLAB) Research & Development (2018 - 2026)
Zai Lab (ZLAB) posted Research & Development of $61.77 million for Q2 2026, up 22.0% from $50.61 million a year earlier but down 5.8% from the prior quarter.
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Analysis
Zai Lab (ZLAB) Research & Development (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Zai Lab was $236.92 million, up 3.2% year-over-year; for FY2025, it was $220.9 million, down 5.8% from FY2024.
- Annual Research & Development has declined for four consecutive years, with a five-year compound annual growth rate of -0.2% (FY2020 to FY2025).
- In prior years, Zai Lab's Research & Development was $234.5 million in FY2024 (-11.8%), $265.87 million in FY2023 (-7.2%), $286.41 million in FY2022 (-50.0%) and $573.31 million in FY2021 (+157.4%).
- Quarterly Research & Development has run from a low of $47.93 million in Q3 2025 to a high of $172.09 million in Q4 2021 over five years.
- On a year-over-year basis, Research & Development has increased in each of the last three quarters, with an average decline of 1.3% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was Q4 2021, with growth of 175.1%; the weakest was Q1 2022, with a decline of 73.6%.
- According to Business Quant data, Research & Development for the three prior quarters was $65.59 million (Q1 2026), $61.63 million (Q4 2025) and $47.93 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -4.05 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 1.87 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 1.76 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 2.81 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 993.80 Mn |
| 10 | Zai Lab | 2.88 Bn | 198.00 Mn | 58.15 Mn | 61.77 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.77 Mn |
| 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 |
API Access
Zai Lab Research & Development 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=research-and-development&ticker=ZLAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=ZLAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();