ZLAB ZAI LAB LTD revenue, earnings and financials

For the quarter ended June 30, 2026, ZAI LAB LTD reported revenue of $106M (down 3.3% from a year earlier), net income of −$50.8M and diluted EPS of −$0.05; over the last four quarters revenue was $450M and net income −$188M; for the fiscal year ended December 2025 revenue was $460M, up 15.3% on the year before.

ZLAB annual revenue and earnings

• Fiscal year ended Dec 2025: revenue $460M, gross profit n/a, operating income −$229M, net income −$176M (margin -38.1%), EPS −$0.16
• Fiscal year ended Dec 2024: revenue $399M, gross profit n/a, operating income −$282M, net income −$257M (margin -64.4%), EPS −$0.26
• Fiscal year ended Dec 2023: revenue $267M, gross profit n/a, operating income −$367M, net income −$335M (margin -125.5%), EPS −$0.35
• Fiscal year ended Dec 2022: revenue $215M, gross profit n/a, operating income −$404M, net income −$443M (margin -206.1%), EPS −$0.46
• Fiscal year ended Dec 2021: revenue $144M, gross profit n/a, operating income −$700M, net income −$705M (margin -488.2%), EPS −$0.76

ZLAB quarterly revenue and earnings

• Quarter ended Jun 30, 2026: revenue $106M (down 3.3% year over year), net income −$50.8M, EPS −$0.05
• Quarter ended Mar 31, 2026: revenue $99.6M (down 6.5% year over year), net income −$51.0M, EPS −$0.05
• Quarter ended Dec 31, 2025 (from the annual report): revenue $128M (up 17.0% year over year), net income −$50.4M, EPS −$0.05
• Quarter ended Sep 30, 2025: revenue $116M (up 13.5% year over year), net income −$36.0M, EPS −$0.03
• Quarter ended Jun 30, 2025: revenue $110M (up 9.4% year over year), net income −$40.7M, EPS −$0.04
• Quarter ended Mar 31, 2025: revenue $106M (up 22.2% year over year), net income −$48.4M, EPS −$0.04
• Quarter ended Dec 31, 2024 (from the annual report): revenue $109M (up 65.7% year over year), net income −$81.7M, EPS −$0.09
• Quarter ended Sep 30, 2024: revenue $102M (up 47.7% year over year), net income −$41.7M, EPS −$0.04
• Quarter ended Jun 30, 2024: revenue $101M (up 45.9% year over year), net income −$80.3M, EPS −$0.08
• Quarter ended Mar 31, 2024: revenue $87.1M (up 38.8% year over year), net income −$53.5M, EPS −$0.05
• Quarter ended Dec 31, 2023 (from the annual report): revenue $65.8M (up 5.2% year over year), net income −$95.4M, EPS −$0.10
• Quarter ended Sep 30, 2023: revenue $69.2M (up 20.3% year over year), net income −$69.2M, EPS −$0.07
• Quarter ended Jun 30, 2023: revenue $68.9M (up 42.9% year over year), net income −$121M, EPS −$0.13
• Quarter ended Mar 31, 2023: revenue $62.8M (up 34.4% year over year), net income −$49.1M, EPS −$0.05
• Quarter ended Dec 31, 2022 (from the annual report): revenue $62.6M (up 42.4% year over year), net income −$61.8M, EPS −$0.06
• Quarter ended Sep 30, 2022: revenue $57.5M (up 33.5% year over year), net income −$161M, EPS −$0.17
• Quarter ended Jun 30, 2022: revenue $48.2M (up 30.4% year over year), net income −$138M, EPS −$0.14
• Quarter ended Mar 31, 2022: revenue $46.7M (up 132.4% year over year), net income −$82.4M, EPS −$0.09
• Quarter ended Dec 31, 2021: revenue $44.0M, net income −$212M, EPS −$2.22
• Quarter ended Sep 30, 2021: revenue $43.1M, net income −$96.4M, EPS −$0.10

ZLAB cash flow, buybacks and dividends

• Fiscal year ended Dec 2025: operating cash flow −$151M, share buybacks n/a
• Fiscal year ended Dec 2024: operating cash flow −$215M, share buybacks n/a
• Fiscal year ended Dec 2023: operating cash flow −$198M, share buybacks n/a
• Fiscal year ended Dec 2022: operating cash flow −$368M, share buybacks n/a
• Fiscal year ended Dec 2021: operating cash flow −$549M, share buybacks n/a

ZLAB balance sheet

• Jun 30, 2026: cash $608M, total assets $1.07B, total liabilities $468M, shareholders' equity $607M
• Mar 31, 2026: cash $651M, total assets $1.10B, total liabilities $434M, shareholders' equity $662M
• Dec 31, 2025: cash $680M, total assets $1.17B, total liabilities $457M, shareholders' equity $716M
• Sep 30, 2025: cash $717M, total assets $1.16B, total liabilities $399M, shareholders' equity $760M
• Jun 30, 2025: cash $732M, total assets $1.16B, total liabilities $372M, shareholders' equity $792M
• Mar 31, 2025: cash $757M, total assets $1.17B, total liabilities $363M, shareholders' equity $811M
• Dec 31, 2024: cash $450M, total assets $1.19B, total liabilities $345M, shareholders' equity $841M
• Sep 30, 2024: cash $616M, total assets $985M, total liabilities $318M, shareholders' equity $668M

What is ZLAB's revenue?

ZAI LAB LTD reported $450M of revenue over its last four quarters, through June 30, 2026.

Is ZLAB profitable?

No. ZAI LAB LTD lost $188M over the last four quarters.

What is ZLAB's EPS?

Diluted earnings per share over the last four quarters were −$0.18; −$0.05 in the latest quarter.

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