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

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Device partnered product sales
$104.32M+235%

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Other financials

Income statement

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Revenue$481.0M+47.7%
Gross profit$401.8M+43.8%
Operating income$287.7M+42.1%
Net income$229.9M+39.2%
EPS (diluted)$1.90+42.9%

Balance sheet

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Cash & equivalents$164.0M+165%
Total debt$2.2B+41.6%
Total equity$143.5M-56.9%
Total assets$2.6B+25.5%

Cash flow

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Operating cash flow$240.9M+142%
CapEx$4.2M+167%
Free cash flow$236.7M+141%

Valuation

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Market cap$9.91B+36.0%
Enterprise value$11.93B+36.1%
P/E13.8×-3.9×
P/S-0.2×

Profitability

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Gross margin82.4%-1.8pp
Operating margin59.3%+9.0pp
Net margin47.9%+6.5pp
FCF margin48.5%+2.6pp

Returns & leverage

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Return on equity124.5%+12.7pp
Debt / equity15.2×+10.6×
Current ratio2.7×-5.7×

Where this comes from

Reported directly by Halozyme Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:AccountsReceivableGrossCurrent.

The source filing: Halozyme Therapeutics’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001159036-26-000104
Line itemJune 30,2026December 31,2025
Product sales to partners$104,323$69,832
Revenues under collaborative agreements6,01140,020
Royalty payments297,225259,298
Other product sales54,42765,117
Other receivable1,612
Contract assets2,50015,000
Total accounts receivable and contract assets464,486450,879
Allowance for distribution fees and discounts(8,659)(9,606)

Item 1. Financial Statements

FAQ

What is Halozyme Therapeutics's royalties — accounts receivable, net and contract assets?
Halozyme Therapeutics (HALO) reported royalties — accounts receivable, net and contract assets of $297.23M in Q2 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 46.4% year-over-year, from $203.07M to $297.23M.
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.

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