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Zai Lab Limited

$24.14 +$6.81 (+39.30%)
NASDAQ · 11 Sep 2026 20:00 UTC
Previous Close
$24.17
Day Range
$24.06$24.61
Year Range
$15.96$34.72
Market Cap
2.73B
AVG Volume
965.67K
Trailing/Forward PE
-13.86/-
PEG ratio
3.79
Dividend Yield
-
Next Earnings Date
2026-11-05
Primary Exchange
NASDAQUS
Revenue (USD)
050M100M150M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ZLAB Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q2106.31M
26 Q199.61M
25 Q4127.6M
25 Q3116.09M
25 Q2109.98M
25 Q1106.49M
24 Q4109.07M
24 Q3102.27M
24 Q2100.5M
24 Q187.15M
Net Income (USD)
-100M-75M-50M-25M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ZLAB Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q2-50.83M
26 Q1-51.02M
25 Q4-50.41M
25 Q3-35.96M
25 Q2-40.73M
25 Q1-48.44M
24 Q4-81.68M
24 Q3-41.67M
24 Q2-80.28M
24 Q1-53.47M
Operating Income (USD)
-80M-60M-40M-20M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ZLAB Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q2-76.49M
26 Q1-69.28M
25 Q4-69.41M
25 Q3-48.82M
25 Q2-54.9M
25 Q1-56.31M
24 Q4-67.89M
24 Q3-67.85M
24 Q2-76.06M
24 Q1-70.31M
EBITDA (USD)
-80M-60M-40M-20M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ZLAB EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q2-46.09M
26 Q1-43.99M
25 Q4-48.06M
25 Q3-30.66M
25 Q2-35.73M
25 Q1-43.79M
24 Q4-75.43M
24 Q3-38.05M
24 Q2-76.84M
24 Q1-50.35M
Cash Flows (USD)
-150M-100M-50M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ZLAB Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q2-64.87M
26 Q1-34.2M
25 Q4-27.32M
25 Q3-36.13M
25 Q2-31.58M
25 Q1-65.57M
24 Q4-73.52M
24 Q3-56.71M
24 Q2-43.05M
24 Q1-103.11M
EPS (USD)
-10-7.5-5-2.5024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ZLAB EPS (USD) by quarter
PeriodEPS (USD)
26 Q2-0.5
26 Q1-0.5
25 Q4-0.46
25 Q3-0.33
25 Q2-0.37
25 Q1-0.45
24 Q4-0.8
24 Q3-4.3
24 Q2-8.2
24 Q1-5.5
Expenses (USD)
050M100M150M200MR&DSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ZLAB Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q2136.1M
26 Q1152.95M
25 Q4135.97M
25 Q3122.12M
25 Q2122.2M
25 Q1128.02M
24 Q4152.62M
24 Q3163.09M
24 Q2142.21M
24 Q1136.85M
Cash & Debt (USD)
0200M400M600M800MCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ZLAB Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q2617.52M
26 Q1661.32M
25 Q4689.57M
25 Q3717.15M
25 Q2732.16M
25 Q1757.26M
24 Q4779.67M
24 Q3616.09M
24 Q2630.05M
24 Q1650.78M
Debt ratios
012324 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ZLAB Debt ratios by quarter
PeriodDebt ratios
26 Q22.15
26 Q12.71
25 Q42.94
25 Q32.68
25 Q22.8
25 Q12.41
24 Q42.6
24 Q31.72
24 Q21.74
24 Q11.65
Margins
0%20%40%60%80%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ZLAB Margins by quarter
PeriodMargins
26 Q254.7%
26 Q161.52%
25 Q451.15%
25 Q359.62%
25 Q260.7%
25 Q163.71%
24 Q461.41%
24 Q363.9%
24 Q264.94%
24 Q161.42%
Return on Capital
-15%-10%-5%0%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ZLAB Return on Capital by quarter
PeriodReturn on Capital
26 Q2-8.37%
26 Q1-7.71%
25 Q4-7.05%
25 Q3-4.73%
25 Q2-5.14%
25 Q1-5.97%
24 Q4-9.71%
24 Q3-6.24%
24 Q2-11.4%
24 Q1-7.02%
Shares Outstanding
050M100M150M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ZLAB Shares Outstanding by quarter
PeriodShares Outstanding
26 Q2111.7M
26 Q1110.74M
25 Q4110.61M
25 Q3110.21M
25 Q2109.19M
25 Q1108.08M
24 Q4101.75M
24 Q39.76M
24 Q29.76M
24 Q19.73M
Book Value Per Share (USD)
02040608024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ZLAB Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q25.43
26 Q15.98
25 Q46.47
25 Q36.9
25 Q27.25
25 Q17.5
24 Q48.26
24 Q368.41
24 Q272.15
24 Q178.32
Total Assets (USD)
0500M1B1.5B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ZLAB Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q21.07B
26 Q11.1B
25 Q41.17B
25 Q31.16B
25 Q21.16B
25 Q11.17B
24 Q41.19B
24 Q3985.35M
24 Q2987.37M
24 Q1988.44M
Employee Count
01K2K3K201720182019202020212022202320242025
ZLAB Employee Count by quarter
PeriodEmployee Count
20251.78K
20241.87K
20232.17K
20222.04K
20211.95K
20201.19K
2019692
2018309
201788
Free Cash Flow Yield
-100%-75%-50%-25%0%med -7.44%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
ZLAB Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 26-6.03%
Sep 26-5.55%
Aug 26-5.58%
Aug 26-5.59%
Aug 26-5.62%
Aug 26-6.24%
Jul 26-6.39%
Jul 26-6.07%
Jul 26-5.78%
Jul 26-5.7%
Jul 26-6.1%
Jun 26-6.48%
Jun 26-6.42%
Jun 26-6.84%
Jun 26-7.02%
May 26-6.6%
May 26-6.27%
May 26-5.67%
May 26-6.27%
May 26-6.74%
Apr 26-6.38%
Apr 26-6%
Apr 26-7.02%
Apr 26-7.11%
Mar 26-8.07%
Mar 26-8.03%
Mar 26-7.9%
Mar 26-7.43%
Feb 26-7.55%
Feb 26-9.36%
Feb 26-9.37%
Feb 26-10.42%
Jan 26-11.3%
Jan 26-10.24%
Jan 26-10.1%
Jan 26-10.12%
Jan 26-10.83%
Dec 25-10.24%
Dec 25-10.4%
Dec 25-10.56%
Dec 25-9.62%
Nov 25-9.19%
Nov 25-9.37%
Nov 25-8.63%
Nov 25-8.57%
Oct 25-7.97%
Oct 25-7.91%
Oct 25-7.36%
Oct 25-6.89%
Oct 25-6.17%
Sep 25-6.59%
Sep 25-6.38%
Sep 25-6.35%
Sep 25-6.77%
Aug 25-6.29%
Aug 25-5.94%
Aug 25-5.83%
Aug 25-5.96%
Aug 25-6%
Jul 25-5.95%
Jul 25-6.58%
Jul 25-6.75%
Jul 25-6.07%
Jun 25-6.36%
Jun 25-6.4%
Jun 25-5.39%
Jun 25-5.8%
May 25-7.33%
May 25-7.06%
May 25-7.14%
May 25-7.56%
May 25-8.71%
Apr 25-8.49%
Apr 25-9.42%
Apr 25-9.2%
Apr 25-8.55%
Mar 25-7.28%
Mar 25-7.74%
Mar 25-7.11%
Mar 25-7.46%
Feb 25-7.84%
Feb 25-66.13%
Feb 25-77.03%
Feb 25-81.14%
Jan 25-82.16%
Jan 25-85.03%
Jan 25-85.75%
Jan 25-88.29%
Jan 25-88.29%
Dec 24-83.95%
Dec 24-83.6%
Dec 24-84.84%
Dec 24-79.86%
Nov 24-77.43%
Nov 24-84.52%
Nov 24-82.55%
Nov 24-73.07%
Nov 24-73.45%
Oct 24-69.12%
Oct 24-81.39%
Price to Sales
02.557.51012.5med 5Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
ZLAB Price to Sales by quarter
PeriodPrice to Sales
Sep 266
Sep 266.52
Aug 266.48
Aug 266.46
Aug 266.43
Aug 265.79
Jul 264.46
Jul 264.7
Jul 264.93
Jul 265.01
Jul 264.67
Jun 264.4
Jun 264.44
Jun 264.17
Jun 264.06
May 264.32
May 264.55
May 265.03
May 264.54
May 265.18
Apr 265.47
Apr 265.81
Apr 264.97
Apr 264.91
Mar 264.33
Mar 264.35
Mar 264.42
Mar 264.7
Feb 264.62
Feb 265
Feb 265
Feb 264.49
Jan 264.14
Jan 264.57
Jan 264.64
Jan 264.63
Jan 264.32
Dec 254.57
Dec 254.5
Dec 254.43
Dec 254.87
Nov 255.09
Nov 255
Nov 255.43
Nov 255.47
Oct 256.67
Oct 256.72
Oct 257.22
Oct 257.72
Oct 258.61
Sep 258.07
Sep 258.33
Sep 258.37
Sep 257.85
Aug 258.45
Aug 258.94
Aug 259.12
Aug 258.92
Aug 259.51
Jul 259.6
Jul 258.67
Jul 258.46
Jul 259.4
Jun 258.98
Jun 258.93
Jun 2510.59
Jun 259.85
May 257.79
May 258.09
May 257.99
May 257.55
May 257.95
Apr 258.16
Apr 257.35
Apr 257.53
Apr 258.1
Mar 259.51
Mar 258.95
Mar 259.74
Mar 259.29
Feb 258.83
Feb 250.93
Feb 250.8
Feb 250.76
Jan 250.75
Jan 250.72
Jan 250.71
Jan 250.69
Jan 250.69
Dec 240.73
Dec 240.73
Dec 240.72
Dec 240.77
Nov 240.79
Nov 240.73
Nov 240.74
Nov 240.93
Nov 240.92
Oct 240.98
Oct 240.83
Price to Book
0246med 3.2Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
ZLAB Price to Book by quarter
PeriodPrice to Book
Sep 264.44
Sep 264.83
Aug 264.8
Aug 264.79
Aug 264.77
Aug 264.29
Jul 263.06
Jul 263.22
Jul 263.38
Jul 263.43
Jul 263.2
Jun 263.01
Jun 263.04
Jun 262.86
Jun 262.78
May 262.96
May 263.11
May 263.44
May 263.11
May 263.33
Apr 263.52
Apr 263.74
Apr 263.2
Apr 263.16
Mar 262.78
Mar 262.8
Mar 262.84
Mar 263.02
Feb 262.97
Feb 262.91
Feb 262.9
Feb 262.61
Jan 262.41
Jan 262.66
Jan 262.69
Jan 262.69
Jan 262.51
Dec 252.66
Dec 252.62
Dec 252.58
Dec 252.83
Nov 252.96
Nov 252.9
Nov 253.15
Nov 253.18
Oct 253.6
Oct 253.63
Oct 253.9
Oct 254.17
Oct 254.65
Sep 254.36
Sep 254.5
Sep 254.52
Sep 254.24
Aug 254.57
Aug 254.83
Aug 254.93
Aug 254.82
Aug 254.91
Jul 254.96
Jul 254.48
Jul 254.36
Jul 254.85
Jun 254.63
Jun 254.61
Jun 255.47
Jun 255.08
May 254.02
May 254.18
May 254.12
May 253.9
May 253.77
Apr 253.87
Apr 253.49
Apr 253.57
Apr 253.84
Mar 254.51
Mar 254.25
Mar 254.62
Mar 254.41
Feb 254.19
Feb 250.49
Feb 250.42
Feb 250.4
Jan 250.4
Jan 250.38
Jan 250.38
Jan 250.37
Jan 250.37
Dec 240.39
Dec 240.39
Dec 240.38
Dec 240.41
Nov 240.42
Nov 240.39
Nov 240.4
Nov 240.42
Nov 240.42
Oct 240.45
Oct 240.38
Zai Lab Limited
ZLAB
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News: ZLAB

Z.ai shares surge 8% after releasing new AI model running only on Chinese chips

cnbc.com · 26 Aug 2026

Z.ai shares surge 8% after releasing new AI model running only on Chinese chips

Z.ai's shares rose after the company launched a new AI model that it claimed runs only on Chinese chips. It's the latest indication of China's efforts to ramp up homegrown computing capability.

Zai Lab: Revenue Growth And Zoci's Upside Optionality

seekingalpha.com · 19 Aug 2026

Zai Lab: Revenue Growth And Zoci's Upside Optionality

ZLAB has grown from a Greater China licensing platform into a dual-engine biopharma. They have a growing proprietary global pipeline with KarXT and TIVDAK. And management expects product sales to stabilize during 2H2026. Zoci's SCLC and NEC activity looks promising, while their other partnered combo therapies could expand their indications across other treatments.

Zai Lab and argenx Announce Positive Topline Results from Phase 3 ALKIVIA Trial of Efgartigimod in Autoimmune Myositis

businesswire.com · 17 Aug 2026

Zai Lab and argenx Announce Positive Topline Results from Phase 3 ALKIVIA Trial of Efgartigimod in Autoimmune Myositis

SHANGHAI & CAMBRIDGE, Mass. & AMSTERDAM--(BUSINESS WIRE)--Zai Lab Limited (NASDAQ: ZLAB; HKEX: 9688) and argenx (Euronext & NASDAQ: ARGX), today announced positive topline results from the ALKIVIA Phase 3 study evaluating VYVGART® Hytrulo (efgartigimod alfa and hyaluronidase-qvfc) in adults with autoimmune myositis. Study met its primary endpoint (p=0.0011) In the combined immune-mediated necrotizing myopathy (IMNM) and dermatomyositis (DM) population, patients treated with efgartigimod dem.

Zai Lab Q2 Earnings Call Highlights

marketbeat.com · 7 Aug 2026

Zai Lab Q2 Earnings Call Highlights

Zai Lab NASDAQ: ZLAB said its second-quarter net product revenue rose 11% sequentially to $105.8 million as the company continued to invest in a pipeline it expects to support a transition into a global biopharmaceutical business.

Zai Lab Limited (ZLAB) Q2 2026 Earnings Call Transcript

seekingalpha.com · 6 Aug 2026

Zai Lab Limited (ZLAB) Q2 2026 Earnings Call Transcript

Zai Lab Limited (ZLAB) Q2 2026 Earnings Call Transcript

Here's What Key Metrics Tell Us About Zai Lab Limited (ZLAB) Q2 Earnings

zacks.com · 6 Aug 2026

Here's What Key Metrics Tell Us About Zai Lab Limited (ZLAB) Q2 Earnings

The headline numbers for Zai Lab Limited (ZLAB) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zai Lab Announces Second Quarter 2026 Financial Results and Recent Corporate Updates

businesswire.com · 6 Aug 2026

Zai Lab Announces Second Quarter 2026 Financial Results and Recent Corporate Updates

SHANGHAI & CAMBRIDGE, Mass.--(BUSINESS WIRE)--Zai Lab Limited (NASDAQ: ZLAB; HKEX: 9688) today announced financial results for the second quarter of 2026, along with recent product highlights and corporate updates. “Zai Lab is entering an exciting new chapter in our evolution,” said Dr. Samantha Du, Founder, Chairperson and Chief Executive Officer of Zai Lab. “Over the past several years, we have evolved from bringing innovative medicines to patients in China to becoming a global biopharmaceuti.

Zai Lab Limited Unsponsored ADR (NASDAQ:ZLAB) Receives Average Rating of “Moderate Buy” from Analysts

defenseworld.net · 4 Aug 2026

Zai Lab Limited Unsponsored ADR (NASDAQ:ZLAB) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Zai Lab Limited Unsponsored ADR (NASDAQ: ZLAB - Get Free Report) have earned an average rating of "Moderate Buy" from the seven brokerages that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, four have assigned a buy recommendation and

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