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NASDAQ · BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) · LARGE CAP

Halozyme Therapeutics, Inc. HALO

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.4B
▲ 37.6% YoY
$316.9M
▼ 28.6% YoY
$644.6M
▲ 37.6% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Halozyme Therapeutics, Inc. licenses its technology to biopharmaceutical companies to collaboratively develop products that combine ENHANZE with its partners' proprietary compounds. It also develops, manufactures and commercializes, for itself or with partners, drug-device combination products using auto-injector technologies. Its portfolio of proprietary commercial products includes Hylenex, which utilizes rHuPH20, and XYOSTED, which utilizes its auto-injector technology. It earns royalties from the sales of ten commercial products, including five from its collaboration with Roche, two from its collaboration with Janssen, and one each from its collaborations with Takeda, argenx and BMS. Its principal offices and research facilities are located in San Diego, California. As of February 10, 2026, it had 423 full-time employees.

Written from the business description in HALOZYME THERAPEUTICS, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 17 February 2026. Every sentence was checked against that document before publication.

Growth

USD 1.4B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.4 · Net income 0.3
0.5B1.0B
2009201220152018202120242025
Compound annual growth
+28.4%
+39.2%
+26.3%
+36.2%
+16.2%
+19.7%
+21.1%
+23.0%
+19.6%
+32.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +39.2% a year over the five years to FY2025 — but profit grew slower: net income at +19.7%, earnings per share at +23.0%.

The share count fell from 0.14B to 0.12B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

23 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 33.6% · Net 22.7%
50%-200%-400%
200920172025
ROE
FY2025 · ROE 153.6%
100%200%-500%
200920172025
Three returns, three denominators.

Each USD of equity produced 154 cents of profit this year.

Cash & shareholders

USD 342.4M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 644.6
250.0M500.0M-40.0M-80.0M
200920172025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 342.4
150M300M-50M-100M
201720182019202020212022202320242025

USD 342.4M in buybacks — 108% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 2.5B
EquityUSD 48.8M
CashUSD 133.8M
Gross debtUSD 2.1B
Net debtUSD 2.0B
Current ratio4.66×

Net debt stands at 4115% of equity.

The 17-year record

17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
HALO, 17-year financial record
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B1.41.00.80.70.40.30.20.20.30.10.10.10.10.00.10.00.0
Operating income $B0.50.60.30.30.30.1−0.1−0.10.1−0.1−0.0−0.1−0.1−0.1−0.0−0.1−0.1
EBITDA $B0.50.60.30.30.30.1−0.1−0.10.1−0.1−0.0−0.1−0.1−0.1−0.0−0.1−0.1
Income tax $B0.10.10.10.0−0.20.0−0.00.0−0.00.00.00.0◌◌◌◌◌
Net income $B0.30.40.30.20.40.1−0.1−0.10.1−0.1−0.0−0.1−0.1−0.1−0.0−0.1−0.1
Free cash flow $B0.60.50.40.20.30.1−0.1−0.10.1−0.1−0.0−0.0−0.1−0.1−0.0−0.0−0.0
EPS, diluted $2.563.432.101.442.740.91−0.50−0.560.45−0.81−0.25−0.56−0.74−0.48−0.19−0.56−0.67
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend—————————————————
ROE %153.6198.4222.1110.2231.4106.3−42.4−35.1——−76.4——−179.2−126.5−390.7−845.4
Shares out B0.120.120.130.140.140.140.140.140.140.130.130.130.110.110.100.10◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 64 reconciliationsAUDITED

Reconciled in 17 of the 17 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Four checks were skipped: the share count is not tagged before 2011. Two checks were skipped: revenue is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityBiological Products, (No Diagnostic Substances)
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2009

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