8-K
filed November 6, 2025, 6:59 PM ET
ticker ZLAB
CIK 0001704292
earnings
confidence high
sentiment positive
materiality 0.70
Zai Lab Q3 revenue up 14% to $116.1M; loss narrows; revises FY2025 guidance to at least $460M
Zai Lab Ltd
2025-Q3 EPS reported
-$0.11
revenue$332,559,000
- Product revenue $115.4M (+13% YoY); VYVGART $27.7M, ZEJULA $42.4M, NUZYRA $15.4M.
- Operating loss improved 28% YoY to $48.8M GAAP; adjusted operating loss $28.0M (-42% YoY).
- Net loss $36.0M ($0.33/ADS) vs $41.7M ($0.42/ADS) in Q3 2024.
- Global registrational study for zoci (DLL3 ADC) initiated; Phase 1 data showed 68% ORR at 1.6 mg/kg in 2L+ ES-SCLC.
- Cash $817.2M; FY2025 revenue guidance revised to at least $460M.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001704292-25-000023
- form_type
- 8-K
- ticker
- ZLAB
- cik
- 0001704292
- company_name
- Zai Lab Ltd
- filed_at
- 2025-11-06T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:40.205504+00:00
- generated_at
- 2026-05-16T23:48:41.068352+00:00
- sec_items
- ["2.02", "9.01"]
- event_type
- earnings
- sentiment
- positive
- materiality_score
- 0.7
- calibrated_materiality_score
- 0.7
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001704292-25-000023
- json_url
- https://secwatch.observer/filing/0001704292-25-000023.json
- markdown_url
- https://secwatch.observer/filing/0001704292-25-000023.md
- text_url
- https://secwatch.observer/filing/0001704292-25-000023.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1704292/000170429225000023/0001704292-25-000023-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1704292/000170429225000023/zlab-20251106.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
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- human_reviewed
- false
- corrected
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- correction_note
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- correction_timestamp
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