Zai LabZLAB +0.76%64 Net Margin % is -51.22% as of Mar. 2026. GuruFocus rates ZLAB with a GF Score™ of 64/100 and a GF Value™ of $30.30 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 946 Biotechnology companies, Zai Lab ranks better than 58.14% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Zai Lab's Net Income for the
three
months ended in Mar. 2026 was $-51.0 Mil. Zai Lab's Revenue for the
three
months ended in Mar. 2026 was $99.6 Mil. Therefore, Zai Lab's net margin for the quarter that ended in Mar. 2026 was -51.22%.
The historical rank and industry rank for Zai Lab's Net Margin % or its related term are showing as below:
ZLAB'
s Net Margin % Range Over the Past 10 Years
Min: -107810.08 Med: -347.15 Max: -38.15
Current: -39.3
ZLAB's Net Margin % is ranked better than 58.14% of 946
companies
in the Biotechnology industry
Industry Median: -88.815
vs ZLAB: -39.30
Zai Lab (NAS:ZLAB) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Zai Lab Net Margin % Related Terms
Zai Lab Net Margin % Historical Data
* Premium members only.
The historical data trend for Zai Lab's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Biotechnology subindustry, Zai Lab's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Zai Lab Net Margin % vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Zai Lab's Net Margin % distribution charts can be found below:
* The bar in red indicates where Zai Lab's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Zai Lab (ZLAB) has a Net Margin % of -51.22% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Zai Lab and its competitors. According to the industry distribution chart, Zai Lab ranks #396 out of 946 companies in the Biotechnology industry, placing it in the top 41.9%.
Is Zai Lab's Net Margin % too high?
Zai Lab's current Net Margin % is -51.22%. Based on the distribution chart, Zai Lab ranks #396 out of 946 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Zai Lab has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zai Lab's Net Margin % compare to TYRA and TRVI?
According to the Biotechnology industry distribution chart, Zai Lab ranks #396 out of 946 companies for Net Margin %. This puts Zai Lab in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Biotechnology company?
A good Net Margin % depends on the Biotechnology industry context. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Zai Lab and its competitors. Zai Lab's current Net Margin % is -51.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zai Lab stock overvalued right now?
Based on GuruFocus' analysis, Zai Lab (ZLAB) is currently considered Possible Value Trap. The stock's GF Value™ is $30.30, compared to a current price of $18.52 — trading 38.9% below its estimated fair value. The current Net Margin % is -51.22%. Zai Lab's overall GF Score™ is 64/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Zai Lab (ZLAB), the current Net Margin % is -51.22% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Zai Lab (ZLAB) Overvalued in 2026?
Based on GuruFocus' analysis, Zai Lab stock appears to be undervalued.
The current stock price of $18.52 is trading 38.9% below its estimated GF Value™ of $30.30.
GuruFocus considers Zai Lab to be Possible Value Trap.
Key valuation signals for ZLAB:
Net Margin %: -51.22%
GF Value™: $30.30 vs. price of $18.52 (38.9% below fair value)
No single metric tells the full story. See the ZLAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zai Lab Ltd is a biopharmaceutical company focusing on discovering or licensing, developing, and commercializing proprietary therapeutics that address areas of unmet medical need including in the fields of oncology, autoimmune and infectious diseases. Zai Lab has a diverse pipeline of potentially first-in-class product candidates developed through in-house R&D and global partnerships. The company has successfully commercialized several products in China, including Zejula, Optune, Qinlock, and Nuzyra, with plans for further expansion The pipeline of proprietary drug candidates of the company includes ZL-1222, ZL-1311, ZL-6201 and many others.
64GF Score
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