Income Statement
ZAI LAB LTD
ZLAB
Performance Overview
Click any row in the table to add it to this chart
in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Revenue
|
460.16 | 398.99 | 266.72 | 215.04 | 144.31 | 48.96 |
|
Cost of Revenue
|
190.52 | 147.12 | 95.82 | 74.02 | 52.24 | 16.74 |
|
Gross Profit
|
269.64 | 251.87 | 170.90 | 141.02 | 92.07 | 32.22 |
|
Operating Expenses
|
498.51 | 533.25 | 547.48 | 545.38 | 792.14 | 334.02 |
|
Research & Development
|
220.90 | 234.50 | 265.87 | 286.41 | 573.31 | 222.71 |
|
Selling, General & Administrative
|
277.61 | 298.74 | 281.61 | 258.97 | 218.83 | 111.31 |
|
Other Operating Expenses
|
- | - | - | - | - | - |
|
Operating Income
|
-228.87 | -281.38 | -376.57 | -404.36 | -700.06 | -301.80 |
|
Non-Operating Income
|
-228.87 | -24.27 | -41.95 | 38.71 | 3.35 | -34.02 |
|
Interest Income
|
33.05 | 37.11 | 39.80 | 14.58 | 2.19 | 5.12 |
|
Interest Expense
|
- | 2.25 | - | 0.00 | 0.00 | 0.18 |
|
Other Non-Op Income / Expense
|
3.54 | 5.30 | 7.01 | 3.11 | 1.52 | 1.12 |
|
Income Before Tax
|
16.21 | 2.46 | 17.83 | 0.26 | 0.00 | 0.00 |
|
Income Tax Expense
|
175.54 | 0.00 | 0.00 | 0.22 | 1.06 | 1.12 |
|
Non-Controlling Interest
|
- | - | - | - | - | - |
|
Net Income
|
-175.54 | -257.10 | -334.62 | -443.29 | -704.47 | -268.91 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - | - |
|
EBITDA
|
-213.86 | -269.52 | -367.54 | -396.13 | -693.58 | -297.16 |
|
Earnings Per Share (Basic)
|
-0.16 | -0.26 | -0.35 | -0.46 | - | - |
|
Diluted EPS
|
-0.16 | -0.26 | -0.35 | -0.46 | - | - |
|
Weighted Average Shares
|
1,095.31 | 989.48 | 966.39 | 958.07 | - | - |
|
Diluted Weighted Avg Shares
|
1,095.31 | 989.48 | 966.39 | 958.07 | - | - |
|
Comprehensive Income
|
-196.36 | -244.21 | -322.68 | -393.96 | -0.71 | -288.05 |