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| Date | Value |
|---|---|
| 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 |