Zai Lab annual r&d spending
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Zai Lab R&D Spending Growth & History (ZLAB)
Zai Lab's r&d spending was $220.9M for fiscal 2025.
View full Zai Lab company overviewZai Lab annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $220.9M | −$13.6M | −5.80% |
| 2024 | 2024-12-31 | $234.5M | −$31.4M | −11.80% |
| 2023 | 2023-12-31 | $265.9M | −$20.5M | −7.17% |
| 2022 | 2022-12-31 | $286.4M | −$286.9M | −50.04% |
| 2021 | 2021-12-31 | $573.3M | $350.6M | +157.42% |
| 2020 | 2020-12-31 | $222.7M | $80.5M | +56.60% |
| 2019 | 2019-12-31 | $142.2M | $21.9M | +18.24% |
| 2018 | 2018-12-31 | $120.3M | $80.9M | +205.72% |
| 2017 | 2017-12-31 | $39.3M | $7.2M | +22.37% |
| 2016 | 2016-12-31 | $32.1M | $18.6M | +136.61% |
| 2015 | 2015-12-31 | $13.6M | — | — |
Zai Lab quarterly r&d spending
Q3.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $61.8M | $11.2M | +22.03% |
| Q1 2026 | 2026-03-31 | $65.6M | $4.9M | +8.01% |
| Q4 2025 | 2025-12-31 | $61.6M | $9.4M | +17.95% |
| Q3 2025 | 2025-09-30 | $47.9M | −$18.1M | −27.36% |
| Q2 2025 | 2025-06-30 | $50.6M | −$11.0M | −17.87% |
| Q1 2025 | 2025-03-31 | $60.7M | $6.1M | +11.13% |
| Q4 2024 | 2024-12-31 | $52.3M | −$29.7M | −36.24% |
| Q3 2024 | 2024-09-30 | $66.0M | $7.2M | +12.28% |
| Q2 2024 | 2024-06-30 | $61.6M | −$15.1M | −19.64% |
| Q1 2024 | 2024-03-31 | $54.6M | $6.2M | +12.74% |
| Q4 2023 | 2023-12-31 | $81.9M | $15.0M | +22.41% |
| Q3 2023 | 2023-09-30 | $58.8M | −$40.8M | −40.95% |
| Q2 2023 | 2023-06-30 | $76.7M | $10.6M | +16.04% |
| Q1 2023 | 2023-03-31 | $48.5M | −$5.4M | −9.99% |
| Q4 2022 | 2022-12-31 | $66.9M | −$105.1M | −61.10% |
| Q3 2022 | 2022-09-30 | $99.5M | $44.4M | +80.48% |
| Q2 2022 | 2022-06-30 | $66.1M | −$76.1M | −53.54% |
| Q1 2022 | 2022-03-31 | $53.9M | −$150.0M | −73.58% |
| Q4 2021 | 2021-12-31 | $172.1M | $109.5M | +175.06% |
| Q3 2021 | 2021-09-30 | $55.1M | −$3.0M | −5.09% |
| Q2 2021 | 2021-06-30 | $142.2M | $73.9M | +108.21% |
| Q1 2021 | 2021-03-31 | $203.9M | $170.1M | +504.15% |
| Q4 2020 | 2020-12-31 | $62.6M | — | — |
| Q3 2020 | 2020-09-30 | $58.1M | $6.9M | +13.48% |
| Q2 2020 | 2020-06-30 | $68.3M | — | — |
| Q1 2020 | 2020-03-31 | $33.7M | — | — |
| Q3 2019 | 2019-09-30 | $51.2M | — | — |
Zai Lab r&d spending trends
Over the last five fiscal years, Zai Lab's r&d spending decreased from $222.7M to $220.9M, a change of −$1.8M. The latest reported quarter, Q2 2026, shows $61.8M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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