Zai Lab (ZLAB) Revenue (2019 - 2026)
Zai Lab (ZLAB) posted quarterly Revenue of $99.6 million for Q1 2026, down 6.46% year-on-year from $106.5 million in Q1 2025, and down 21.93% on a QoQ basis from $127.6 million in Q4 2025.
Zai Lab (ZLAB) Revenue (2019 - 2026) Analysis & Trends
Zai Lab (ZLAB) has reported Revenue for 8 consecutive years, with $99.6 million the latest figure, recorded in Q1 2026.
- Quarterly Revenue fell 6.46% year-over-year to $99.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $453.3 million (up 8.36% YoY) and the FY2025 annual result came in at $460.2 million, up 15.33% from the prior year.
- Revenue eased to $99.6 million in Q1 2026 per ZLAB's latest filing, from $127.6 million in the prior quarter.
- Over the last five years, Revenue for ZLAB reached as high as $127.6 million in Q4 2025 and fell as low as $46.7 million in Q1 2022.
- A 5-year average of $84.7 million and a median of $87.1 million in 2024 frame the typical range for Revenue.
- Annual changes were most pronounced in 2022 — Revenue surged 132.42% — and 2026, when it retreated 6.46%.
- Year by year, Revenue stood at $62.6 million in 2022, then rose by 5.16% to $65.8 million in 2023, then soared by 65.68% to $109.1 million in 2024, then gained by 16.99% to $127.6 million in 2025, then fell by 21.93% to $99.6 million in 2026.
- According to Business Quant data, Revenue over the past three periods registered $99.6 million, $127.6 million, and $116.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 1.51 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 2.99 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 3.61 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 1.56 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Zai Lab | 22.02 Bn | 22.02 Bn | 61.30 Mn | 99.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 99.61 Mn |
| Dec 31, 2025 | 127.60 Mn |
| Sep 30, 2025 | 116.10 Mn |
| Jun 30, 2025 | 109.98 Mn |
| Mar 31, 2025 | 106.49 Mn |
| Dec 31, 2024 | 109.07 Mn |
| Sep 30, 2024 | 102.27 Mn |
| Jun 30, 2024 | 100.50 Mn |
| Mar 31, 2024 | 87.15 Mn |
| Dec 31, 2023 | 65.83 Mn |
| Sep 30, 2023 | 69.23 Mn |
| Jun 30, 2023 | 68.86 Mn |
| Mar 31, 2023 | 62.80 Mn |
| Dec 31, 2022 | 62.60 Mn |
| Sep 30, 2022 | 57.54 Mn |
| Jun 30, 2022 | 48.18 Mn |
| Mar 31, 2022 | 46.72 Mn |
| Dec 31, 2021 | 43.96 Mn |
| Sep 30, 2021 | 43.10 Mn |
| Jun 30, 2021 | 36.94 Mn |