# Zai Lab (ZLAB) — Earnings

ZLAB · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/zlab/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | −$0.50 |
| EPS estimate | −$0.64 |
| EPS surprise | +21.59% |
| Revenue surprise | +2.74% |
| Revenue | $106.3M |
| Revenue estimate | $103.5M |
| Reported | Aug 6, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1704292/000162828026053793/zlab-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/ba01845c-d0c6-fe70-b3a0-44e076eaadbc.html) |

Zai Lab reported Q2 2026 results on August 6, 2026. It posted a loss of $0.50 per share, narrower than the $0.64 loss expected, a 21.59% beat. Revenue of $106.3 million beat the $103.5 million consensus by 2.74%. Compared with Q2 2025, the loss widened from $0.37 per share and revenue fell about 3% from $110.0 million.

Every quarter in the table is a loss. Annual losses narrowed each year, from $4.63 per share in 2022 to $3.46 in 2023, $2.59 in 2024 and $1.61 in 2025. Revenue more than doubled over the same span, from $215.0 million to $460.2 million, and peaked at $127.6 million in Q4 2025. Revenue in both 2026 quarters was below the year-earlier level, and the first-half loss of $0.96 per share is wider than the $0.82 a year earlier. Results against estimates have been mixed, with 10 beats and 10 misses over the last 20 quarters.

Zai Lab reported its third quarter between November 6 and November 12 in each of the past five years. That points to early-to-mid November 2026 for the Q3 report. It will show whether revenue returns to year-over-year growth and whether the loss narrows again.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 6, 2026 | −$0.64 | −$0.50 | 21.59% | $103.5M | $106.3M |
| Q1 2026 | May 7, 2026 | −$0.53 | −$0.46 | 12.58% | $108.4M | $99.6M |
| Q4 2025 | Feb 26, 2026 | −$0.36 | −$0.46 | -28.13% | $122.2M | $127.6M |
| Q3 2025 | Nov 6, 2025 | −$0.29 | −$0.33 | -14.23% | $141.7M | $116.1M |
| Q2 2025 | Aug 7, 2025 | −$0.36 | −$0.37 | -3.27% | $124.9M | $110.0M |
| Q1 2025 | May 8, 2025 | −$0.55 | −$0.45 | 18.73% | $112.6M | $106.5M |
| Q4 2024 | Feb 27, 2025 | −$0.65 | −$0.80 | -22.87% | $109.3M | $109.1M |
| Q3 2024 | Nov 12, 2024 | −$0.78 | −$0.42 | 46.35% | $102.2M | $102.3M |
| Q2 2024 | Aug 6, 2024 | −$0.71 | −$0.82 | -15.75% | $93.2M | $100.1M |
| Q1 2024 | May 8, 2024 | −$0.92 | −$0.55 | 40.53% | $75.2M | $87.1M |
| Q4 2023 | Feb 27, 2024 | −$0.86 | −$1.63 | -90.47% | $72.1M | $65.8M |
| Q3 2023 | Nov 7, 2023 | −$1.04 | −$0.07 | 93.30% | $66.4M | $69.2M |
| Q2 2023 | Aug 7, 2023 | −$0.79 | −$1.25 | -58.15% | $70.5M | $68.9M |
| Q1 2023 | May 9, 2023 | −$0.95 | −$0.51 | 46.21% | $65.1M | $62.8M |
| Q4 2022 | Mar 1, 2023 | −$1.11 | −$0.65 | 41.40% | $62.8M | $62.6M |
| Q3 2022 | Nov 9, 2022 | −$1.25 | −$1.68 | -34.54% | $53.7M | $57.5M |
| Q2 2022 | Aug 9, 2022 | −$1.08 | −$1.44 | -33.87% | $47.1M | $48.2M |
| Q1 2022 | May 10, 2022 | −$1.26 | −$0.86 | 31.76% | $44.6M | $46.7M |
| Q4 2021 | Mar 1, 2022 | −$1.33 | −$2.17 | -62.69% | $47.9M | $44.2M |
| Q3 2021 | Nov 9, 2021 | −$1.18 | −$1.01 | 14.27% | $43.8M | $43.1M |

## Frequently Asked Questions

### When did Zai Lab (ZLAB) last report earnings?

Zai Lab last reported on Aug 6, 2026, covering fiscal Q2 2026.

### Did ZLAB beat earnings estimates?

Yes. Zai Lab reported EPS of −$0.50 for Q2 2026 against a −$0.64 estimate — a 21.59% beat.

### How much revenue did ZLAB report last quarter?

Zai Lab reported $106.3M in revenue for Q2 2026, against a consensus estimate of $103.5M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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