Halozyme Therapeutics, Inc. logo

Halozyme Therapeutics, Inc.

HALO

NASDAQHealthcareBiotechnology

Previous close

$108.17

+$2.05 · +1.93%

Aug 21, 4:00 PM ET

Pre-market

$109.27

+$1.096 · +1.01%

Aug 24, 4:00 AM ET

HALO company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

99

Deep Value

Momentum

55

Neutral

Sentiment

70

Bullish

Risk resilience

73

Moderate Risk

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Company profile

Company website

Halozyme Therapeutics, Inc. is a biopharmaceutical company headquartered in San Diego, California, with operations spanning the United States, Switzerland, Ireland, Belgium, Japan, and other international markets. At its core is the proprietary ENHANZE drug delivery platform, which utilizes a patented recombinant human hyaluronidase enzyme (rHuPH20). This innovative technology significantly enhances the subcutaneous (under-the-skin) administration of a diverse range of injectable medicines. This includes complex biologics such as monoclonal antibodies, various other therapeutic molecules, smaller drug compounds, and even fluids. The company's leading product, Hylenex recombinant, is an rHuPH20 formulation specifically designed to facilitate subcutaneous fluid delivery for hydration. It also plays a crucial role in improving the dispersion and absorption of other injected drugs during subcutaneous urography, and aids in the resorption of radiopaque agents. Halozyme also offers several key therapeutics leveraging its platform, including Perjeta, RITUXAN HYCELA, and MabThera SC, which are used to treat non-Hodgkin lymphoma and chronic lymphocytic leukemia (CLL). RITUXAN SC is another offering for CLL patients, while HYQVIA addresses various immunodeficiency disorders. Their development pipeline boasts numerous investigational drugs, such as Tecentriq for non-small cell lung cancer, OCREVUS for multiple sclerosis, and DARZALEX, which targets amyloidosis, smoldering myeloma, and multiple myeloma. Other pipeline candidates include nivolumab for solid tumors, ARGX-113 (a human neonatal Fc receptor), ARGX-117 for autoimmune diseases, and BMS-986179, an anti-CD-73 antibody. Halozyme maintains extensive collaborations with prominent pharmaceutical companies like F. Hoffmann-La Roche, Pfizer Inc., Janssen Biotech, Inc., AbbVie, Inc., Eli Lilly and Company, Bristol-Myers Squibb Company, Alexion Pharma Holding, ARGENX BVBA, and Horizon Therapeutics plc. They also partner with research institutions such as the National Institute of Allergy and Infectious Diseases, the Centre for the AIDS Programme of Research in South Africa, and ViiV Healthcare Limited, particularly focusing on both small and large molecule targets for the treatment and prevention of HIV. The company was established in 1998.

Industry
Biotechnology
Sector
Healthcare
Headquarters
US
CEO
Helen I. Torley
Listed since
Mar 16, 2004
Employees
423

Market position

Day range

Current $108.17

52-week range

Current $108.17

Open
$106.2
Previous close
$106.12
Volume
1.15M
0.6× average
Average volume
1.92M
Average daily volume
Market cap
12.83B USD
Beta
0.85
Market reference 1
50-day average
$83.0374
+30.27% above average
200-day average
$72.2681
+49.68% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
10.07B USD
P/E (TTM)
30.73×
P/B (TTM)
88.37×
P/S (TTM)
7.71×
EV / EBITDA
17.58×
Earnings yield
3.93%
Free cash flow yield
7.99%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
78.18%
Operating margin
56.77%
Net margin
24.86%
Return on equity
649.18%
Return on assets
12.55%
Return on invested capital
23.59%

Financial health

Debt / equity
14.95×
Current ratio
4.66×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends98%70%43%16%Gross margin, FY2021: 81.64%Gross margin, FY2022: 78.90%Gross margin, FY2023: 76.80%Gross margin, FY2024: 84.30%Gross margin, FY2025: 78.13%Operating margin, FY2021: 62.24%Operating margin, FY2022: 40.53%Operating margin, FY2023: 40.71%Operating margin, FY2024: 54.32%Operating margin, FY2025: 58.45%Net margin, FY2021: 90.84%Net margin, FY2022: 30.62%Net margin, FY2023: 33.96%Net margin, FY2024: 43.74%Net margin, FY2025: 22.69%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 81.64%. Gross margin FY2022 78.90%. Gross margin FY2023 76.80%. Gross margin FY2024 84.30%. Gross margin FY2025 78.13%. Operating margin FY2021 62.24%. Operating margin FY2022 40.53%. Operating margin FY2023 40.71%. Operating margin FY2024 54.32%. Operating margin FY2025 58.45%. Net margin FY2021 90.84%. Net margin FY2022 30.62%. Net margin FY2023 33.96%. Net margin FY2024 43.74%. Net margin FY2025 22.69%.

Income trends

Revenue

1.4B USD+37.55%

Operating income

816.29M USD+48.02%

Net income

316.89M USD-28.64%
Income trends across reported periods1.52B USD1.04B USD560.47M USD82.68M USDRevenue, FY2021: 443.31M USDRevenue, FY2022: 660.12M USDRevenue, FY2023: 829.25M USDRevenue, FY2024: 1.02B USDRevenue, FY2025: 1.4B USDOperating income, FY2021: 275.9M USDOperating income, FY2022: 267.53M USDOperating income, FY2023: 337.57M USDOperating income, FY2024: 551.48M USDOperating income, FY2025: 816.29M USDNet income, FY2021: 402.71M USDNet income, FY2022: 202.13M USDNet income, FY2023: 281.59M USDNet income, FY2024: 444.09M USDNet income, FY2025: 316.89M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 443.31M USD. Revenue FY2022 660.12M USD. Revenue FY2023 829.25M USD. Revenue FY2024 1.02B USD. Revenue FY2025 1.4B USD. Operating income FY2021 275.9M USD. Operating income FY2022 267.53M USD. Operating income FY2023 337.57M USD. Operating income FY2024 551.48M USD. Operating income FY2025 816.29M USD. Net income FY2021 402.71M USD. Net income FY2022 202.13M USD. Net income FY2023 281.59M USD. Net income FY2024 444.09M USD. Net income FY2025 316.89M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.4B USD1.02B USD829.25M USD660.12M USD443.31M USD
Cost of goods sold305.44M USD159.42M USD192.36M USD139.3M USD81.41M USD
Gross profit1.09B USD855.91M USD636.89M USD520.81M USD361.9M USD
Research and development81.49M USD79.05M USD76.36M USD66.61M USD35.67M USD
Selling, general, and administrative193.39M USD154.34M USD149.18M USD143.53M USD50.32M USD
Operating expenses274.88M USD304.43M USD299.32M USD253.28M USD86M USD
Interest expense18.13M USD18.1M USD18.76M USD16.95M USD7.53M USD
Depreciation and amortization88.05M USD81.31M USD84.86M USD49.64M USD3M USD
Operating income816.29M USD551.48M USD337.57M USD267.53M USD275.9M USD
Net income316.89M USD444.09M USD281.59M USD202.13M USD402.71M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 2 misses, 0 met estimates
Average EPS surprise
+3.24%
11 comparable reports
Latest EPS result
2.28
Estimate 1.79 · Beat by 27.37%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.481.510.53-0.44Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual 1.26, estimate 1.17, surprise +7.69%, Beat. Q2 2025, reported May 6, 2025: actual 1.11, estimate 0.95, surprise +16.84%, Beat. Q3 2025, reported Aug 5, 2025: actual 1.54, estimate 1.23, surprise +25.20%, Beat. Q4 2025, reported Nov 3, 2025: actual 1.72, estimate 1.63, surprise +5.52%, Beat. Q1 2026, reported Feb 17, 2026: actual -0.24, estimate 2.15, surprise -111.16%, Miss. Q2 2026, reported May 11, 2026: actual 1.6, estimate 1.55, surprise +3.23%, Beat. Q3 2026, reported Aug 6, 2026: actual 2.28, estimate 1.79, surprise +27.37%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 2.24, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates501.57M416.23M330.9M245.57MQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual 298.01M USD, estimate 285.74M USD, surprise +4.29%, Beat. Q2 2025, reported May 6, 2025: actual 264.86M USD, estimate 280.97M USD, surprise -5.73%, Miss. Q3 2025, reported Aug 5, 2025: actual 325.72M USD, estimate 330.78M USD, surprise -1.53%, Miss. Q4 2025, reported Nov 3, 2025: actual 354.26M USD, estimate 446.51M USD, surprise -20.66%, Miss. Q1 2026, reported Feb 17, 2026: actual 451.77M USD, estimate 435.71M USD, surprise +3.69%, Beat. Q2 2026, reported May 11, 2026: actual 376.71M USD, estimate 358.6M USD, surprise +5.05%, Beat. Q3 2026, reported Aug 6, 2026: actual 481M USD, estimate 402.28M USD, surprise +19.57%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 482.28M USD, surprise —, Comparison unavailable.

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