Overview
Compare with Bio-Techne, Novavax or Moderna, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Royalty brought in 62% of the revenue Halozyme Therapeutics broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Royalty | $447.9M | $571.0M | $867.8M |
| Proprietary Products Sales | $130.8M | $166.6M | $194.6M |
| Bulk rHuPH20 | $115.4M | $86.3M | $133.0M |
| Sales-based milestone | $0 | $30.0M | $70.0M |
| Device Partnered Products | $54.6M | $50.5M | $48.8M |
| Event -based Development And Regulatory Milestone And Other Fees | $69.0M | $72.5M | $47.0M |
| Upfront Fees | $2.0M | $27.0M | $18.5M |
| Device Licensing and Development | $9.5M | $11.3M | $16.9M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue16¢$228.8M
- Selling, general and admin15¢$207.1M
- Other costs35¢$493.9M
- Income tax11¢$150.0M
- Profit23¢$316.9M
Out of $1.4B in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending1¢$7.0M
- Share buybacks53¢$342.4M
- Kept or used elsewhere46¢$302.2M
Out of $651.6M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total revenues | $1.4B | $1.0B | $829.3M |
| Cost of sales | $228.8M | $159.4M | $192.4M |
| Amortization of intangibles | $76.7M | $71.0M | $73.8M |
| Research and development | $81.5M | $79.0M | $76.4M |
| Selling, general and administrative | $207.1M | $154.3M | $149.2M |
| Impairment of intangible asset | $48.7M | $0 | $0 |
| Acquired in-process research and development expense | $284.9M | $0 | $0 |
| Total operating expenses | $927.6M | $463.8M | $491.7M |
| Operating income | $469.0M | $551.5M | $337.6M |
| Investment and other income, net | $21.5M | $23.8M | $16.3M |
| Inducement expense related to convertible notes | -$5.5M | $0 | $0 |
| Contingent liability fair value measurement gain | $0 | $0 | $13.2M |
| Interest expense | -$18.1M | -$18.1M | -$18.8M |
| Income before income tax expense | $466.9M | $557.1M | $348.3M |
| Income tax expense | $150.0M | $113.0M | $66.7M |
| Net income | $316.9M | $444.1M | $281.6M |
| Basic (usd per share) | $2.64 | $3.50 | $2.13 |
| Diluted (usd per share) | $2.56 | $3.43 | $2.10 |
| Basic (in shares) | 119.8M shares | 126.8M shares | 131.9M shares |
| Diluted (in shares) | 123.9M shares | 129.4M shares | 134.2M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $133.8M | $115.8M | $118.4M | |
| Marketable securities, available-for-sale | $9.0M | $480.2M | ||
| Accounts receivable, net and contract assets | $441.3M | $308.5M | ||
| Inventories | $176.5M | $141.9M | ||
| Prepaid expenses and other current assets | $64.6M | $39.0M | ||
| Total current assets | $825.2M | $1.1B | ||
| Property and equipment, net | $82.1M | $75.0M | ||
| Prepaid expenses and other assets | $53.6M | $80.6M | ||
| Goodwill | $580.4M | $416.8M | ||
| Intangible assets, net | $981.5M | $401.8M | ||
| Deferred tax assets, net | $0 | $3.9M | ||
| Restricted cash | $2.6M | $0 | $0 | |
| Total assets | $2.5B | $2.1B | ||
| Accounts payable | $20.9M | $10.2M | ||
| Accrued expenses | $156.2M | $128.9M | ||
| Total current liabilities | $177.1M | $139.1M | ||
| Long-term debt, net | $2.1B | $1.5B | ||
| Other long-term liabilities | $113.9M | $54.8M | ||
| Deferred tax liabilities, net | $42.9M | $0 | ||
| Total liabilities | $2.5B | $1.7B | ||
| Preferred stock - $0.001 par value; 20,000 shares authorized; no shares issued and outstanding | $0 | $0 | ||
| Common stock - $0.001 par value; 300,000 shares authorized; 117,782 and 123,138 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $118.0K | $123.0K | ||
| Additional paid-in capital | $12.0M | $0 | ||
| Accumulated other comprehensive (loss) income | -$18.1M | $3.8M | ||
| Retained earnings | $54.8M | $359.9M | ||
| Total stockholders equity | $48.8M | $363.8M | $83.8M | $169.8M |
| Total liabilities and stockholders equity | $2.5B | $2.1B | ||
| Preferred stock, par value (usd per share) | $0.00 | $0.00 | ||
| Preferred stock authorized (in shares) | 20.0M shares | 20.0M shares | ||
| Preferred stock issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock outstanding (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (usd per share) | $0.00 | $0.00 | ||
| Common stock authorized (in shares) | 300.0M shares | 300.0M shares | ||
| Common stock issued (in shares) | 117.8M shares | 123.1M shares | ||
| Common stock outstanding (in shares) | 117.8M shares | 123.1M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $133.8M | $115.8M | $118.4M | |
| Marketable securities, available-for-sale | $9.0M | $480.2M | ||
| Accounts receivable, net and contract assets | $441.3M | $308.5M | ||
| Inventories | $176.5M | $141.9M | ||
| Prepaid expenses and other current assets | $64.6M | $39.0M | ||
| Total current assets | $825.2M | $1.1B | ||
| Property and equipment, net | $82.1M | $75.0M | ||
| Prepaid expenses and other assets | $53.6M | $80.6M | ||
| Goodwill | $580.4M | $416.8M | ||
| Intangible assets, net | $981.5M | $401.8M | ||
| Deferred tax assets, net | $0 | $3.9M | ||
| Restricted cash | $2.6M | $0 | $0 | |
| Total assets | $2.5B | $2.1B | ||
| Accounts payable | $20.9M | $10.2M | ||
| Accrued expenses | $156.2M | $128.9M | ||
| Total current liabilities | $177.1M | $139.1M | ||
| Long-term debt, net | $2.1B | $1.5B | ||
| Other long-term liabilities | $113.9M | $54.8M | ||
| Deferred tax liabilities, net | $42.9M | $0 | ||
| Total liabilities | $2.5B | $1.7B | ||
| Preferred stock - $0.001 par value; 20,000 shares authorized; no shares issued and outstanding | $0 | $0 | ||
| Common stock - $0.001 par value; 300,000 shares authorized; 117,782 and 123,138 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $118.0K | $123.0K | ||
| Additional paid-in capital | $12.0M | $0 | ||
| Accumulated other comprehensive (loss) income | -$18.1M | $3.8M | ||
| Retained earnings | $54.8M | $359.9M | ||
| Total stockholders equity | $48.8M | $363.8M | $83.8M | $169.8M |
| Total liabilities and stockholders equity | $2.5B | $2.1B | ||
| Preferred stock, par value (usd per share) | $0.00 | $0.00 | ||
| Preferred stock authorized (in shares) | 20.0M shares | 20.0M shares | ||
| Preferred stock issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock outstanding (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (usd per share) | $0.00 | $0.00 | ||
| Common stock authorized (in shares) | 300.0M shares | 300.0M shares | ||
| Common stock issued (in shares) | 117.8M shares | 123.1M shares | ||
| Common stock outstanding (in shares) | 117.8M shares | 123.1M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $316.9M | $444.1M | $281.6M |
| Share-based compensation | $51.6M | $43.4M | $36.6M |
| Depreciation and amortization | $11.4M | $10.3M | $11.1M |
| Amortization of intangible assets | $76.7M | $71.0M | $73.8M |
| Amortization of debt discount | $7.5M | $7.3M | $7.3M |
| Accretion of premium on marketable securities, net | -$3.3M | -$10.9M | -$6.3M |
| Realized gain on marketable securities | -$171.0K | -$7.0K | $0 |
| Loss on disposal of equipment | $2.6M | $1.5M | $611.0K |
| Contingent liability fair value measurement adjustment | $0 | $0 | -$13.2M |
| Lease payments recognized (deferred) | $951.0K | $1.1M | $1.3M |
| Induced conversion expense related to 2027 and 2028 Convertible Notes | $5.5M | $0 | $0 |
| Deferred income taxes | $634.0K | $532.0K | $34.5M |
| Acquired in-process research and development expense | $284.9M | $0 | $0 |
| Impairment of intangible asset | $48.7M | $0 | $0 |
| Accounts receivable, net and other contract assets | -$128.1M | -$74.2M | -$3.3M |
| Inventories | $2.6M | -$67.4M | -$26.9M |
| Prepaid expenses and other assets | -$33.0M | $5.4M | $4.1M |
| Accounts payable and accrued expenses | $6.2M | $47.0M | -$12.5M |
| Net cash provided by operating activities | $651.6M | $479.1M | $388.6M |
| Purchases of marketable securities | -$247.4M | -$647.6M | -$292.9M |
| Proceeds from sales and maturities of marketable securities | $722.2M | $395.6M | $211.3M |
| Acquisition of business, net of cash acquired | -$726.0M | $0 | $0 |
| Acquisition of in-process research and development, net of cash acquired | -$287.8M | $0 | $0 |
| Purchases of property and equipment | -$7.0M | -$10.7M | -$15.3M |
| Net cash used in investing activities | -$545.8M | -$262.7M | -$96.9M |
| Payment for the induced conversion of 2027 and 2028 Convertible Notes | -$5.5M | $0 | $0 |
| Payment of debt issuance cost | -$4.9M | $0 | $0 |
| Repurchase of common stock | -$342.4M | -$250.0M | -$402.4M |
| Proceeds from issuance of common stock under equity incentive plans, net of taxes paid related to net share settlement | $21.8M | $31.1M | $7.9M |
| Net cash used in financing activities | -$85.2M | -$218.9M | -$408.0M |
| Net increase (decrease) in cash, cash equivalents and restricted cash | $20.6M | -$2.5M | -$116.3M |
| Interest paid | $11.4M | $10.6M | $11.4M |
| Income taxes paid, net | $134.6M | $80.6M | $31.8M |
| Amounts accrued for purchases of property and equipment | $902.0K | $280.0K | $25.0K |
| Right-of-use assets obtained in exchange for lease obligation | $410.0K | $3.1M | $2.6M |
| Common stock issued for conversion of 2024 Convertible Notes | $0 | $0 | $125.0K |
No quarter-by-quarter statement was filed.
Leadership
Who has led Halozyme Therapeutics, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerHelen Torley Jan 8, 2014 to now14
- Chief executive officerGregory Ian Frost May 6, 2011 to Dec 11, 201315
- Chief executive officerJonathan E. Lim Feb 7, 2007 to Feb 8, 201016
- PresidentHelen Torley Jan 8, 2014 to now14
- PresidentGregory Ian Frost May 6, 2011 to Dec 11, 201315
- PresidentJonathan E. Lim Feb 7, 2007 to Feb 9, 200916
- Chief financial officerDarren Snellgrove Jun 9, 2026 to now17
- Chief financial officerNicole Labrosse Feb 11, 2022 to Jun 9, 202618
- Chief financial officerElaine D. Sun Mar 4, 2020 to Apr 1, 202119
- Chief financial officerLaurie Stelzer Jun 16, 2015 to Feb 24, 202020
- Chief financial officerKurt A. Gustafson Feb 8, 2010 to Feb 6, 201321
- Chief financial officerDavid A. Ramsay Feb 7, 2007 to Feb 8, 201022
- Chief operating officerCortney Caudill Oct 6, 2025 to now23
- Chief operating officerMark J. Gergen Sep 2, 2016 to Feb 24, 201724
Board members and other officers (38)
- EVP, PRESIDENT, DRUG DELIVERYDavid A. Ramsay Jul 2, 2026 to now25
- SVP, Research & DevelopmentAlison A. Armour May 6, 2019 to Jun 4, 201926
- SVP, Chief Medical OfficerDimitrios Chondros May 7, 2018 to Aug 5, 201927
- SVP, Chief Commercial OfficerBenjamin Hickey Sep 14, 2018 to Oct 1, 201928
- SVP and Chief Medical OfficerAthena Countouriotis Jan 5, 2015 to Feb 24, 201729
- SVP, GC and CCOHarry J. Leonhardt Apr 15, 2015 to Apr 15, 201930
- VP, Chief Commercial OfficerJames P. Shaffer Dec 12, 2011 to Feb 10, 201431
- See General RemarksH. Michael Shepard Dec 13, 2010 to Sep 11, 201332
- VP, Product DevelopmentMichael J. Labarre Dec 13, 2010 to Feb 27, 202533
- Vice President, FinanceKurt A. Gustafson Apr 23, 2009 to Apr 23, 200934
- VP, Chief Medical OfficerJonathan A. Leff Jul 27, 2009 to Aug 7, 200935
- Vice President, Regulatory AffDon A. Kennard Feb 7, 2007 to May 23, 200736
- VP and Chief Scientific Off.Gregory Ian Frost Feb 7, 2007 to May 11, 201137
- VP Clinical DevelopmentRichard C. Yocum Feb 7, 2007 to Feb 8, 200838
- VP, Chief Commercial OfficerRobert J. Little Jul 31, 2006 to Feb 8, 201039
- Vice President, Mfg. and OpsWilliam J. Fallon Nov 13, 2006 to May 11, 201140
- Board memberDannielle Appelhans Aug 21, 2026 to now41
- Board memberMahesh Krishnan Apr 25, 2024 to now42
- Board memberBarbara Gayle Duncan Feb 6, 2023 to now43
- Board memberAkiko Moni Miyashita Mar 24, 2022 to now44
- Board memberBernadette Connaughton Sep 11, 2018 to now45
- Board memberJames M. Daly Mar 8, 2016 to Aug 15, 202346
- Board memberJean-Pierre Bizzari Jan 21, 2015 to May 9, 202347
- Board memberJeffrey William Henderson Aug 7, 2015 to now48
- Board memberHelen Torley Jan 8, 2014 to now14
- Board memberMatthew L. Posard Mar 28, 2013 to now49
- Board memberGregory Ian Frost Feb 7, 2007 to Dec 11, 201337
- Board memberJonathan E. Lim Feb 7, 2007 to Feb 8, 201016
- Board memberKathryn E. Falberg May 17, 2007 to May 6, 201650
- Board memberRandal J. Kirk May 17, 2007 to Jul 26, 201751
- Board memberJohn Stuart Patton May 8, 2006 to Aug 21, 201452
- Board memberKenneth J. Kelley May 8, 2006 to Apr 14, 202153
- Board memberRobert Engler May 8, 2006 to Aug 18, 201454
- Board memberConnie Matsui Jul 31, 2006 to Dec 3, 202455
- General counselMark Howard Snyder Jan 5, 2022 to now56
- General counselMasaru Matsuda Jan 6, 2020 to Sep 7, 202157
- General counselJean I. Liu Dec 12, 2011 to Feb 10, 201458
- General counselMatthew Hooper Nov 13, 2007 to Nov 13, 200759
Former names
Timeline
Filings
427 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 70 major events, 214 insider forms, 20 large holders, 103 other. The latest 20:
- Oct 8, 20264 EDGAR
- Oct 8, 20264/A EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20263 EDGAR
- Oct 2, 20264 EDGAR
- Sep 30, 20268-K EDGAR
- Sep 22, 20268-K EDGAR
- Sep 18, 20268-K EDGAR
- Sep 17, 20264 EDGAR
- Sep 16, 2026144 EDGAR
- Sep 16, 20268-K EDGAR
- Sep 11, 20264 EDGAR
- Sep 2, 20264 EDGAR
- Aug 21, 20263 EDGAR
- Aug 19, 20264 EDGAR
- Aug 18, 20268-K EDGAR
- Aug 17, 2026144 EDGAR
- Aug 11, 2026144 EDGAR
- Aug 11, 20264 EDGAR
- Aug 10, 2026144 EDGAR
The 427 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 20 such filings since October 2021, the latest 10:
- Apr 30, 2026SCHEDULE 13G
- Mar 27, 2026SCHEDULE 13G/A
- May 13, 2025SCHEDULE 13G
- Nov 12, 2024SC 13G/A
- Oct 17, 2024SC 13G
- Feb 13, 2024SC 13G/A
- Feb 12, 2024SC 13G/A
- Feb 1, 2024SC 13G/A
- Jan 23, 2024SC 13G/A
- Jun 9, 2023SC 13G/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 13,271,095 | $1.0B | 0.0% | +6,042 |
| Vanguard Capital Management LLC | 5,351,312 | $418.8M | 0.0% | +80,094 |
| Vanguard Portfolio Management LLC | 5,299,008 | $414.8M | 0.0% | +49,802 |
| State Street Corp | 5,179,434 | $405.4M | 0.0% | +241,580 |
| Invesco Ltd. | 3,177,997 | $248.7M | 0.0% | −834,497 |
| Morgan Stanley | 2,832,594 | $221.7M | 0.0% | +270,285 |
| Boston Partners | 2,773,568 | $216.8M | 0.2% | +89,885 |
| Bank Of America Corp /de/ | 2,740,561 | $214.5M | 0.0% | −172,548 |
| Geode Capital Management, LLC | 2,519,951 | $197.3M | 0.0% | +14,165 |
| William Blair Investment Management, LLC | 2,511,050 | $196.5M | 0.6% | −14,925 |
| Snyder Capital Management L P | 2,396,101 | $187.5M | 3.2% | +73,024 |
| Dimensional Fund Advisors LP | 2,089,567 | $163.5M | 0.0% | +9,740 |
| D. E. Shaw & Co., Inc. | 2,006,479 | $157.0M | 0.1% | +137,771 |
| Assenagon Asset Management S.A. | 1,995,286 | $156.2M | 0.1% | +1,973,964 |
| Los Angeles Capital Management LLC | 1,938,035 | $151.7M | 0.6% | +1,248,120 |
| Royal London Asset Management Ltd | 1,810,815 | $141.7M | 0.3% | +200,262 |
| Arrowstreet Capital, Limited Partnership | 1,704,623 | $133.4M | 0.1% | −213,526 |
| Two Sigma Investments, LP | 1,653,285 | $129.4M | 0.1% | +68,324 |
| UBS Group AG | 1,492,224 | $116.8M | 0.0% | +578,221 |
| Fuller & Thaler Asset Management, Inc. | 1,491,004 | $116.7M | 0.3% | +25,721 |
| Norges Bank | 1,483,648 | $116.1M | 0.0% | New |
| First Trust Advisors LP | 1,417,063 | $110.9M | 0.1% | −65,277 |
| Alliancebernstein L.P. | 1,696,538 | $109.6M | 0.0% | −39,963 |
| Stephens Investment Management Group LLC | 1,392,819 | $109.0M | 1.2% | +174,151 |
| Wells Fargo & Company/mn | 1,390,428 | $108.8M | 0.0% | −145,309 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
10 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Sep 29, 2026 | Gilbert Ray Cisneros, Jr.Democratic, House | Partial sale | $1,001 - $15,000 | −7.9% | Report |
| Mar 9, 2026 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | +64.5% | Report |
| Mar 24, 2025 | Gilbert Ray Cisneros, Jr.Democratic, House | Partial sale | $1,001 - $15,000 | −55.4% | Report |
| Sep 9, 2024 | Josh GottheimerDemocratic, House | Partial sale | $1,001 - $15,000 | −63.9% | Report |
| Jul 12, 2023 | Daniel S. GoldmanDemocratic, House | Sale | $15,001 - $50,000 | −153.7% | Report |
| Dec 6, 2022 | Josh GottheimerDemocratic, House | Partial sale | $1,001 - $15,000 | −19.5% | Report |
| Aug 5, 2022 | Josh GottheimerDemocratic, House | Partial sale | $1,001 - $15,000 | −82.6% | Report |
| Aug 20, 2021 | Josh GottheimerDemocratic, House | Buy | $1,001 - $15,000 | +133.2% | Report |
| Oct 22, 2020 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | +166.9% | Report |
| Oct 19, 2020 | Josh GottheimerDemocratic, House | Buy | $1,001 - $15,000 | +186.8% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
Links
- Websitewww.Halozyme.com1
- WikidataQ5643474
- SEC EDGARCIK 1159036
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 3Company websiteHalozyme Therapeutics logo
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- 30SEC EDGARHarry J. Leonhardt, SVP, GC and CCO
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- 41SEC EDGARDannielle Appelhans, Board member
- 42SEC EDGARMahesh Krishnan, Board member
- 43SEC EDGARBarbara Gayle Duncan, Board member
- 44SEC EDGARAkiko Moni Miyashita, Board member
- 45SEC EDGARBernadette Connaughton, Board member
- 46SEC EDGARJames M. Daly, Board member
- 47SEC EDGARJean-Pierre Bizzari, Board member
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- 49SEC EDGARMatthew L. Posard, Board member
- 50SEC EDGARKathryn E. Falberg, Board member
- 51SEC EDGARRandal J. Kirk, Board member
- 52SEC EDGARJohn Stuart Patton, Board member
- 53SEC EDGARKenneth J. Kelley, Board member
- 54SEC EDGARRobert Engler, Board member
- 55SEC EDGARConnie Matsui, Board member
- 56SEC EDGARMark Howard Snyder, General counsel
- 57SEC EDGARMasaru Matsuda, General counsel
- 58SEC EDGARJean I. Liu, General counsel
- 59SEC EDGARMatthew Hooper, General counsel
