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Halozyme Therapeutics

HALO

Halozyme Therapeutics is a biopharmaceutical company specializing in disruptive drug delivery technologies that convert intravenous therapies into subcutaneous injections.

Market cap
$9.66B+30.5%
Revenue$1.5B+39.1%
Net income$608.5M+37.0%
Free cash flow$667.7M+34.7%
EPS (diluted)$4.91+43.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$402.3M
EPS estimate$1.82

Financials

Q1 2026

Income statement

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Revenue$376.7M+42.2%
Gross profit$297.5M+37.4%
Operating income$184.5M+30.4%
Net income$150.0M+27.1%
EPS (diluted)$1.22+31.2%

Balance sheet

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Cash & equivalents$312.0M+76.9%
Total debt$2.2B+41.7%
Total equity$219.6M-54.5%
Total assets$2.7B+21.7%

Cash flow

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Operating cash flow$180.1M+16.8%
CapEx$3.7M+294%
Free cash flow$176.3M+15.0%

Valuation & ratios

Valuation

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Market cap$9.66B+30.5%
Enterprise value$11.53B+34.2%
P/E15.9×
P/S6.4×+0.4×

Profitability

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Gross margin82.8%-0.7pp
FCF margin44.3%-1.5pp

Returns & leverage

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Debt / equity9.9×+6.7×
Current ratio2.8×-5.6×

Segments

By product

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Royalties$240.7M+43.1%
Bulk rHuPH20 sales$73.5M+172%
Proprietary product sales$41.9M+15.2%
Device partnered product sales$15.1M+2.6%
Device licensing and development revenue$5.6M+64.4%

Competitors

Profile

Halozyme Therapeutics is a biopharmaceutical company specializing in disruptive drug delivery technologies that convert intravenous therapies into subcutaneous injections. The company's core value proposition centers on its proprietary ENHANZE platform, which utilizes a recombinant human enzyme to improve patient experiences by reducing treatment burden and enabling at-home administration. Halozyme operates primarily through a high-margin licensing and royalty model, partnering with leading global pharmaceutical firms to co-formulate their proprietary compounds with its delivery technologies.

Competitive position

Halozyme is a market leader in subcutaneous drug delivery conversion, holding a dominant position through its commercially validated ENHANZE technology and an extensive patent portfolio.

GeographiesUnited States, European Union, Japan, China, Canada
Customer segmentsGlobal Pharmaceutical Enterprises, Healthcare Providers, Wholesale Distributors
Business modelLicensing and Royalties, B2B Partnership, Direct-to-Market Product Sales
SuppliersContract Manufacturing Organizations (CMOs), Specialized component suppliers, Raw material providers for recombinant enzymes
CustomersGlobal biopharmaceutical partners, Wholesale pharmaceutical distributors, Specialty pharmacies, Hospitals and surgery centers
Listed2004
Employees373.0
CEOHelen I. Torley
FilingsSEC EDGAR

Questions, answered.

What is Halozyme Therapeutics's market cap?
Halozyme Therapeutics (HALO) has a market capitalization of $9.7B and trades on NASDAQ.
What is Halozyme Therapeutics's revenue and profitability?
Halozyme Therapeutics generated $1.5B in trailing twelve-month revenue with net income of $608.5M, representing a net margin of 47.9%. Gross margin stands at 82.8%, with free cash flow of $667.7M. These figures are based on the Q1 2026 filing.
Who are Halozyme Therapeutics's competitors?
Halozyme Therapeutics's key competitors include Amphastar Pharmaceuticals, West Pharmaceutical Services, Opko Health Inc., and others. These companies compete in similar markets and product categories.
Who does Halozyme Therapeutics partner with?
Halozyme Therapeutics's notable partners include Roche, Takeda, Janssen, and others.
What subsidiaries does Halozyme Therapeutics have?
Halozyme Therapeutics's subsidiaries include Halozyme Hypercon, Inc..
Where is Halozyme Therapeutics headquartered?
Halozyme Therapeutics is headquartered in United States of America and employs approximately 373 people. It has been publicly traded since 2004.