8-K
filed February 26, 2026, 6:59 PM ET
ticker ZLAB
CIK 0001704292
earnings
confidence high
sentiment positive
materiality 0.80
Zai Lab Q4 total revenue $127.6M (+17% YoY); net loss narrows to $50.4M
Zai Lab Ltd
2025-FY EPS reported
-$0.16
revenue$460,156,000
- Q4 product revenue $127.1M (+17% YoY); ZEJULA $56M (+16%), XACDURO $10.7M (+225%).
- Net loss Q4 $50.4M (loss per ADS $0.46) vs $81.7M loss Q4 2024; FY loss $175.5M vs $257.1M.
- Cash $789.6M as of Dec 31, 2025; R&D expenses $61.6M Q4 (+18% YoY).
- KarXT approved in China Dec 2025; commercial launch H1 2026; NRDL renewals for VYVGART, NUZYRA, ZEJULA.
- Global pipeline: zoci (DLL3 ADC) advancing to three registration-enabling studies; ZL-1503 Phase 1 data H2 2026; ZL-1311 IND by year-end.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001704292-26-000014
- form_type
- 8-K
- ticker
- ZLAB
- cik
- 0001704292
- company_name
- Zai Lab Ltd
- filed_at
- 2026-02-26T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:35.946025+00:00
- generated_at
- 2026-05-15T23:41:22.114073+00:00
- sec_items
- ["2.02", "9.01"]
- event_type
- earnings
- sentiment
- positive
- materiality_score
- 0.8
- calibrated_materiality_score
- 0.8
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001704292-26-000014
- json_url
- https://secwatch.observer/filing/0001704292-26-000014.json
- markdown_url
- https://secwatch.observer/filing/0001704292-26-000014.md
- text_url
- https://secwatch.observer/filing/0001704292-26-000014.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1704292/000170429226000014/0001704292-26-000014-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1704292/000170429226000014/zlab-20260226.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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