Growth Metrics

Zai Lab (ZLAB) Research & Development (2020 - 2025)

Zai Lab's Research & Development history spans 6 years, with the latest figure at $98.7 million for Q3 2025.

  • For Q3 2025, Research & Development rose 49.52% year-over-year to $98.7 million; the TTM value through Sep 2025 reached $211.5 million, down 19.94%, while the annual FY2024 figure was $234.5 million, 11.8% down from the prior year.
  • Research & Development for Q3 2025 was $98.7 million at Zai Lab, up from $50.6 million in the prior quarter.
  • Across five years, Research & Development topped out at $203.9 million in Q1 2021 and bottomed at $10.0 million in Q1 2025.
  • The 5-year median for Research & Development is $66.0 million (2024), against an average of $80.0 million.
  • The largest annual shift saw Research & Development surged 504.15% in 2021 before it plummeted 81.7% in 2025.
  • A 5-year view of Research & Development shows it stood at $172.1 million in 2021, then plummeted by 61.1% to $66.9 million in 2022, then rose by 22.41% to $81.9 million in 2023, then plummeted by 36.24% to $52.3 million in 2024, then soared by 88.81% to $98.7 million in 2025.
  • Per Business Quant, the three most recent readings for ZLAB's Research & Development are $98.7 million (Q3 2025), $50.6 million (Q2 2025), and $10.0 million (Q1 2025).