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Side-by-side financial comparison of PREFORMED LINE PRODUCTS CO (PLPC) and Zai Lab Ltd (ZLAB). Click either name above to swap in a different company.

PREFORMED LINE PRODUCTS CO is the larger business by last-quarter revenue ($173.1M vs $127.1M, roughly 1.4× Zai Lab Ltd). On growth, Zai Lab Ltd posted the faster year-over-year revenue change (17.1% vs 3.6%). PREFORMED LINE PRODUCTS CO produced more free cash flow last quarter ($11.8M vs $-26.7M). Over the past eight quarters, Zai Lab Ltd's revenue compounded faster (20.8% CAGR vs 10.8%).

Preformed Line Products Co (PLPC) designs, manufactures and supplies engineered hardware for power transmission, telecommunications, and renewable energy infrastructure sectors. It serves utility, network operator and industrial customers across global regions, offering solutions that boost network reliability and operational efficiency.

Zai Lab Ltd is a global biopharmaceutical company focused on developing, manufacturing and commercializing innovative therapies for oncology, autoimmune disorders, infectious diseases and other unmet medical needs. It operates primarily in the Greater China region and partners with leading global biotech firms to expand access to life-saving treatments for underserved patient populations.

PLPC vs ZLAB — Head-to-Head

Bigger by revenue
PLPC
PLPC
1.4× larger
PLPC
$173.1M
$127.1M
ZLAB
Growing faster (revenue YoY)
ZLAB
ZLAB
+13.5% gap
ZLAB
17.1%
3.6%
PLPC
More free cash flow
PLPC
PLPC
$38.5M more FCF
PLPC
$11.8M
$-26.7M
ZLAB
Faster 2-yr revenue CAGR
ZLAB
ZLAB
Annualised
ZLAB
20.8%
10.8%
PLPC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PLPC
PLPC
ZLAB
ZLAB
Revenue
$173.1M
$127.1M
Net Profit
$8.4M
Gross Margin
29.8%
51.0%
Operating Margin
6.8%
-54.6%
Net Margin
4.9%
Revenue YoY
3.6%
17.1%
Net Profit YoY
-19.3%
EPS (diluted)
$1.72
$-0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PLPC
PLPC
ZLAB
ZLAB
Q4 25
$173.1M
$127.1M
Q3 25
$178.1M
$115.4M
Q2 25
$169.6M
$109.1M
Q1 25
$148.5M
$105.7M
Q4 24
$167.1M
$108.5M
Q3 24
$147.0M
$101.8M
Q2 24
$138.7M
$100.1M
Q1 24
$140.9M
$87.1M
Net Profit
PLPC
PLPC
ZLAB
ZLAB
Q4 25
$8.4M
Q3 25
$2.6M
$-36.0M
Q2 25
$12.7M
$-40.7M
Q1 25
$11.5M
$-48.4M
Q4 24
$10.5M
Q3 24
$7.7M
$-41.7M
Q2 24
$9.4M
$-80.3M
Q1 24
$9.6M
$-53.5M
Gross Margin
PLPC
PLPC
ZLAB
ZLAB
Q4 25
29.8%
51.0%
Q3 25
29.7%
59.5%
Q2 25
32.7%
60.6%
Q1 25
32.8%
63.6%
Q4 24
33.3%
61.5%
Q3 24
31.1%
64.1%
Q2 24
31.9%
64.9%
Q1 24
31.3%
61.4%
Operating Margin
PLPC
PLPC
ZLAB
ZLAB
Q4 25
6.8%
-54.6%
Q3 25
7.4%
-42.3%
Q2 25
10.1%
-50.3%
Q1 25
8.8%
-53.3%
Q4 24
10.5%
-62.6%
Q3 24
7.1%
-66.6%
Q2 24
8.1%
-76.0%
Q1 24
8.2%
-80.7%
Net Margin
PLPC
PLPC
ZLAB
ZLAB
Q4 25
4.9%
Q3 25
1.5%
-31.2%
Q2 25
7.5%
-37.3%
Q1 25
7.8%
-45.8%
Q4 24
6.3%
Q3 24
5.2%
-40.9%
Q2 24
6.8%
-80.2%
Q1 24
6.8%
-61.4%
EPS (diluted)
PLPC
PLPC
ZLAB
ZLAB
Q4 25
$1.72
$-0.05
Q3 25
$0.53
$-0.03
Q2 25
$2.56
$-0.04
Q1 25
$2.33
$-0.04
Q4 24
$2.13
$-0.09
Q3 24
$1.54
$-0.04
Q2 24
$1.89
$-0.08
Q1 24
$1.94
$-0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PLPC
PLPC
ZLAB
ZLAB
Cash + ST InvestmentsLiquidity on hand
$689.6M
Total DebtLower is stronger
$38.3M
Stockholders' EquityBook value
$475.5M
$715.5M
Total Assets
$653.6M
$1.2B
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLPC
PLPC
ZLAB
ZLAB
Q4 25
$689.6M
Q3 25
$717.2M
Q2 25
$732.2M
Q1 25
$757.3M
Q4 24
$779.7M
Q3 24
$616.1M
Q2 24
$630.0M
Q1 24
$650.8M
Total Debt
PLPC
PLPC
ZLAB
ZLAB
Q4 25
$38.3M
Q3 25
$36.0M
Q2 25
$31.8M
Q1 25
$29.1M
Q4 24
$20.8M
Q3 24
$27.2M
Q2 24
$31.6M
Q1 24
$55.0M
Stockholders' Equity
PLPC
PLPC
ZLAB
ZLAB
Q4 25
$475.5M
$715.5M
Q3 25
$466.3M
$759.9M
Q2 25
$460.7M
$791.7M
Q1 25
$435.8M
$810.8M
Q4 24
$422.3M
$840.9M
Q3 24
$429.0M
$667.7M
Q2 24
$416.2M
$704.2M
Q1 24
$413.4M
$762.2M
Total Assets
PLPC
PLPC
ZLAB
ZLAB
Q4 25
$653.6M
$1.2B
Q3 25
$644.6M
$1.2B
Q2 25
$631.5M
$1.2B
Q1 25
$592.5M
$1.2B
Q4 24
$573.9M
$1.2B
Q3 24
$592.0M
$985.3M
Q2 24
$572.6M
$987.4M
Q1 24
$586.1M
$988.4M
Debt / Equity
PLPC
PLPC
ZLAB
ZLAB
Q4 25
0.08×
Q3 25
0.08×
Q2 25
0.07×
Q1 25
0.07×
Q4 24
0.05×
Q3 24
0.06×
Q2 24
0.08×
Q1 24
0.13×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PLPC
PLPC
ZLAB
ZLAB
Operating Cash FlowLast quarter
$21.9M
$-26.0M
Free Cash FlowOCF − Capex
$11.8M
$-26.7M
FCF MarginFCF / Revenue
6.8%
-21.0%
Capex IntensityCapex / Revenue
5.9%
0.5%
Cash ConversionOCF / Net Profit
2.60×
TTM Free Cash FlowTrailing 4 quarters
$33.3M
$-158.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLPC
PLPC
ZLAB
ZLAB
Q4 25
$21.9M
$-26.0M
Q3 25
$18.9M
$-32.0M
Q2 25
$26.9M
$-31.0M
Q1 25
$5.7M
$-61.7M
Q4 24
$24.1M
$-55.8M
Q3 24
$9.4M
$-26.8M
Q2 24
$28.3M
$-42.2M
Q1 24
$5.8M
$-90.1M
Free Cash Flow
PLPC
PLPC
ZLAB
ZLAB
Q4 25
$11.8M
$-26.7M
Q3 25
$8.3M
$-35.0M
Q2 25
$18.6M
$-33.9M
Q1 25
$-5.3M
$-63.2M
Q4 24
$20.6M
$-58.4M
Q3 24
$5.8M
$-28.2M
Q2 24
$24.6M
$-42.9M
Q1 24
$1.8M
$-91.1M
FCF Margin
PLPC
PLPC
ZLAB
ZLAB
Q4 25
6.8%
-21.0%
Q3 25
4.7%
-30.4%
Q2 25
10.9%
-31.1%
Q1 25
-3.6%
-59.9%
Q4 24
12.3%
-53.8%
Q3 24
3.9%
-27.7%
Q2 24
17.7%
-42.9%
Q1 24
1.3%
-104.5%
Capex Intensity
PLPC
PLPC
ZLAB
ZLAB
Q4 25
5.9%
0.5%
Q3 25
6.0%
2.6%
Q2 25
4.9%
2.6%
Q1 25
7.4%
1.5%
Q4 24
2.1%
2.4%
Q3 24
2.4%
1.3%
Q2 24
2.7%
0.7%
Q1 24
2.8%
1.1%
Cash Conversion
PLPC
PLPC
ZLAB
ZLAB
Q4 25
2.60×
Q3 25
7.21×
Q2 25
2.12×
Q1 25
0.49×
Q4 24
2.30×
Q3 24
1.22×
Q2 24
3.02×
Q1 24
0.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PLPC
PLPC

Segment breakdown not available.

ZLAB
ZLAB

Zejula$56.0M44%
Other$21.9M17%
Nuzyra$16.0M13%
Optune$11.9M9%
XACDURO$10.7M8%
Qinlock$9.7M8%
AUGTYRO$836.0K1%

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