Zai Lab (ZLAB) Shares Outstanding (Diluted) (2020 - 2026)
Zai Lab (ZLAB) recorded Shares Outstanding (Diluted) of 111.7 million in Q2 2026, up 2.3% from 109.19 million a year earlier and up 0.9% from the prior quarter.
Zai Lab (ZLAB) Shares Outstanding (Diluted) (2020 - 2026) Analysis & Trends
For FY2025, Zai Lab reported Shares Outstanding (Diluted) of 109.53 million, up 10.7% from FY2024.
- Annual Shares Outstanding (Diluted) has increased for five straight years, with a five-year compound annual growth rate of 7.1% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 98.95 million in FY2024 (+2.4%), 96.64 million in FY2023 (+0.9%), 95.81 million in FY2022 (+3.0%) and 92.99 million in FY2021 (+19.7%).
- The Q2 2026 figure is the highest quarterly Shares Outstanding (Diluted) in data going back to Q4 2020.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased for 19 consecutive quarters, with growth averaging 6.8% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding (Diluted) ranged from 0.6% (Q1 2023) to 23.0% (Q1 2022).
- Per Business Quant, the preceding three quarters came in at 110.74 million (Q1 2026), 109.53 million (Q4 2025) and 110.21 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 2.44 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 1.77 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 2.47 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 1.96 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 1.56 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 544.00 Mn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 1.24 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 5.70 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 255.20 Mn |
| 10 | Zai Lab | 2.96 Bn | 270.96 Mn | 58.15 Mn | 111.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 111.70 Mn |
| Mar 31, 2026 | 110.74 Mn |
| Dec 31, 2025 | 109.53 Mn |
| Sep 30, 2025 | 110.21 Mn |
| Jun 30, 2025 | 109.19 Mn |
| Mar 31, 2025 | 108.08 Mn |
| Dec 31, 2024 | 98.95 Mn |
| Sep 30, 2024 | 98.17 Mn |
| Jun 30, 2024 | 97.59 Mn |
| Mar 31, 2024 | 97.31 Mn |
| Dec 31, 2023 | 96.64 Mn |
| Sep 30, 2023 | 96.88 Mn |
| Jun 30, 2023 | 96.48 Mn |
| Mar 31, 2023 | 96.14 Mn |
| Dec 31, 2022 | 95.81 Mn |
| Sep 30, 2022 | 95.91 Mn |
| Jun 30, 2022 | 95.77 Mn |
| Mar 31, 2022 | 95.55 Mn |
| Dec 31, 2021 | 92.99 Mn |
| Sep 30, 2021 | 95.04 Mn |
Zai Lab Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=ZLAB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=ZLAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();