The table below shows Zai Lab Ltd's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$460.16M
$398.99M
$266.72M
$215.04M
$144.31M
$48.96M
Cost of revenue
-
-
$95.82M
$74.02M
$52.24M
$16.74M
Gross profit
-
-
-
-
-
-
R&D
$220.90M
$234.50M
$265.87M
$286.41M
$573.31M
$222.71M
SG&A
ZLAB annual revenue (10-K history)
Zai Lab Ltd reported annual revenue of $457.18M for fiscal year 2025. That is up 15.0% from $397.61M in fiscal 2024. Over the 8 fiscal years shown, annual revenue grew from $129.00K (FY 2018) to $457.18M. Figures come from the company's audited annual reports as filed with the SEC.
