Quick Answer
Zai Lab Ltd reported Operating Income of -$229.43 million for fiscal year 2025.
Zai Lab Ltd Operating Income — Annual History
| Fiscal Year | Operating Income | YoY Change |
|---|---|---|
| 2025 | -$229.43M | +18.7% |
| 2024 | -$282.12M | +23.0% |
| 2023 | -$366.57M | +9.3% |
| 2022 | -$404.36M | +42.2% |
| 2021 | -$700.06M | -132.0% |
| 2020 | -$301.80M | -48.5% |
| 2019 | -$203.20M | -43.3% |
| 2018 | -$141.77M | -175.9% |
| 2017 | -$51.39M | -33.4% |
| 2016 | -$38.53M | -135.7% |
| 2015 | -$16.35M | — |
Quarterly Operating Income
| Quarter Ending | Operating Income | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | -$48.82M | +28.0% | +11.1% |
| June 30, 2025 | -$54.90M | +27.8% | +2.5% |
| March 31, 2025 | -$56.31M | +19.9% | +17.0% |
| September 30, 2024 | -$67.85M | +18.8% | +10.8% |
| June 30, 2024 | -$76.06M | +15.0% | -8.2% |
| March 31, 2024 | -$70.31M | -1.1% | +15.9% |
| September 30, 2023 | -$83.57M | +35.0% | +6.6% |
| June 30, 2023 | -$89.50M | +9.3% | -28.7% |
- Zai Lab Ltd showed an increase of +18.7% in Operating Income compared to the prior fiscal year.
- Over the 2015–2025 period, Zai Lab Ltd’s operating income has declined by 1303.3% (from -$16.35 million to -$229.43 million).
- The most recent figure is from Zai Lab Ltd’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 26, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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