Company / Cost of Revenue
Zai Lab Ltd Cost of Revenue History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$190.5M
FY2025
5-year range
$3.7M / $190.5M
FY2021-FY2025
Trend
+29.5%
vs FY2024
Sector context
#37 of 85
Health Care
What the data says
At $191M, Zai Lab Ltd's cost of revenue ranks #49 of 85 in the Health Care sector. Cost of Revenue has increased for 5 consecutive years, from $43,000 in FY2020 to $191M in FY2025.
Based on SEC 10-K filings.
$191M in FY2025 with a 5-year CAGR of +436.2%.
Increased from $96M to $191M over the past 2 years.
Health Care sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +125.0%
- 5-Year CAGR
- +436.2%
- 10-Year CAGR
- -
Sector benchmark
#49 of 85 in Health CareTop 56% of 85This company $190.5M Sector average $2.0B
▼
-90.4% below sector average
Key checks
Key Insights
- Zai Lab Ltd's cost of revenue has grown for 5 consecutive years.
- 5-year CAGR of +436.2%, indicating consistent growth.
- In FY2025, cost of revenue increased 29.5% year-over-year.
- Ranks #37 out of 85 companies in the Health Care sector.
Company context
Key Data Points
- Altman Z-Score -1.09 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $190.5M | +29.5% |
| FY2024 | $147.1M | +53.5% |
| FY2023 | $95.8M | +472.5% |
| FY2022 | $16.7M | +346.4% |
| FY2021 | $3.7M | +8618.6% |
| FY2020 | $43.0K | -98.9% |
| FY2019 | $3.7M | +8618.6% |
| FY2018 | $43.0K | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026