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Halozyme Therapeutics HALO Royalties — Accounts receivable, net and contract assets

Other product segments

Device partnered product sales
$105.83M+106%

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Other financials

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

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Market cap$8.13B-2.9%
Enterprise value$10B+3.0%
P/E13.4×-3.8×
P/S5.4×-2.3×

Profitability

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Gross margin82.8%-0.7pp
Operating margin59.3%+9.0pp
Net margin47.9%+6.5pp
FCF margin44.3%-1.5pp

Returns & leverage

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Return on equity124.5%+12.7pp
Debt / equity9.9×+6.7×
Current ratio2.8×-5.6×

Where this comes from

Reported directly by Halozyme Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:AccountsReceivableGrossCurrent.

The official record: Halozyme Therapeutics’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Halozyme Therapeutics's royalties — accounts receivable, net and contract assets?
Halozyme Therapeutics (HALO) reported royalties — accounts receivable, net and contract assets of $298.12M in Q1 2026.
How has Halozyme Therapeutics's royalties — accounts receivable, net and contract assets changed year-over-year?
Halozyme Therapeutics's royalties — accounts receivable, net and contract assets increased by 62.4% year-over-year, from $183.58M to $298.12M.
What does royalties — accounts receivable, net and contract assets mean?
This metric measures the outstanding balance of royalty payments earned but not yet collected from commercial partners, combined with recognized contract assets. It represents the company's claim to future cash inflows resulting from royalty-bearing sales that have already occurred. Monitoring this balance helps assess the timing of cash conversion and the efficiency of the royalty collection cycle.