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Halozyme Therapeutics HALO Q4 2024 Annual earnings

Reported February 18, 2025 · After market close

Revenue$298.0MBeat by $12.3M
EPS$1.26Beat by $0.09
Revenue estimate$285.7M
EPS estimate$1.17

Next report

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

Financials

Q4 2024

Income statement

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Revenue$298.0M+29.5%
Gross profit$256.0M+44.0%
Operating income$175.5M+73.7%
Net income$137.0M+60.5%
EPS (diluted)$1.06+63.1%

Balance sheet

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Cash & equivalents$115.9M-2.1%
Total debt$1.5B+0.3%
Total equity$363.8M+334%
Total assets$2.1B+19.1%

Cash flow

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Operating cash flow$178.5M+74.4%
CapEx$3.1M+17.6%
Free cash flow$175.4M+75.8%

Valuation & ratios

Valuation

as of 12/31/24
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Market cap$6.08B+27.5%
Enterprise value$7.5B+21.4%
P/E13.7×-3.2×
P/S+0.2×

Profitability

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Gross margin84.3%+7.5pp
Operating margin54.3%+13.6pp
Net margin43.7%+9.8pp
FCF margin46.1%+1.1pp

Returns & leverage

See full
Return on equity198.4%-23.7pp
Debt / equity4.2×-14.1×
Current ratio7.8×+1.2×

Segments

By product

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Royalties$170.4M+39.6%
Proprietary product sales$47.3M+21.1%
Sales-based milestones$30.0M
Bulk rHuPH20 sales$19.7M-32.6%
Device partnered product sales$12.4M+9.5%

By geography

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All other foreign$2.4M

Versus estimates

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Questions, answered.

When did Halozyme Therapeutics report Q4 2024 earnings?
Halozyme Therapeutics (HALO) reported Q4 2024 earnings on February 18, 2025 after market close.
What were Halozyme Therapeutics's Q4 2024 revenue and EPS?
Halozyme Therapeutics reported revenue of $298.0M and eps of $1.26 for Q4 2024.
Did Halozyme Therapeutics beat estimates in Q4 2024?
Revenue beat the consensus estimate of $285.7M by $12.3M. EPS beat the consensus estimate of $1.17 by $0.09.
Where can I find Halozyme Therapeutics's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001159036-25-000010) directly on SEC EDGAR. The filing index links above go to sec.gov.