Halozyme Therapeutics, Inc. income statement
In fiscal 2025, Halozyme Therapeutics, Inc. reported revenue of $1.40bn, up 37.6% on the year before, operating income of $469m (a 33.6% margin) and net income of $317m, or $2.56 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 14 | 56 | 42 | 55 | 75 | 135 | 147 | 317 | 152 | 196 | 268 | 443 | 660 | 829 | 1,015 | 1,397 | 1,664 |
| Cost of revenue | — | — | — | — | — | — | — | — | 31 | 10 | 46 | 43 | 81 | 139 | 192 | 159 | 229 | 292 |
| Gross profit | — | — | — | — | — | — | — | — | 285 | 142 | 150 | 224 | 362 | 521 | 637 | 856 | 1,168 | 1,371 |
| Research and development | 57 | 52 | 58 | 70 | 97 | 80 | 93 | 151 | 151 | 150 | 141 | 34 | 36 | 67 | 76 | 79 | 81 | 102 |
| Selling, general and administrative | 15 | 15 | 18 | 25 | 32 | 36 | 40 | 46 | 54 | 61 | 77 | 46 | 50 | 144 | 149 | 154 | 207 | 238 |
| Operating income | −58 | −54 | −20 | −54 | −80 | −63 | −27 | −83 | 81 | −69 | −68 | 144 | 276 | 268 | 338 | 551 | 469 | 597 |
| Interest expense | — | — | 0 | 0 | 3 | 6 | 5 | 20 | 22 | 18 | 12 | 20 | 8 | 17 | 19 | 18 | 18 | 20 |
| Net interest income | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | — | — | — | — | — | −68 | −32 | −102 | 62 | −80 | −72 | 129 | 249 | 249 | 348 | 557 | 467 | 583 |
| Income tax | — | — | — | — | — | 0 | 0 | 1 | −1 | 1 | −0 | 0 | −154 | 47 | 67 | 113 | 150 | 170 |
| Net income | −58 | −53 | −20 | −54 | −83 | −68 | −32 | −103 | 63 | −80 | −72 | 129 | 403 | 202 | 282 | 444 | 317 | 414 |
| Diluted EPS | −$0.67 | −$0.56 | −$0.19 | −$0.48 | −$0.74 | −$0.56 | −$0.25 | −$0.81 | $0.45 | −$0.56 | −$0.50 | $0.91 | $2.74 | $1.44 | $2.10 | $3.43 | $2.56 | $3.38 |
| Diluted shares (average) | — | — | 103m | 111m | 113m | 123m | 127m | 128m | 139m | 144m | 144m | 141m | 147m | 141m | 134m | 129m | 124m | 122m |
| EBITDA | −57 | −53 | −19 | −53 | −79 | −61 | −26 | −81 | 83 | −67 | −64 | 148 | 279 | 274 | 349 | 562 | 480 | 612 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 290 | 298 | 265 | 326 | 354 | 452 | 377 | 481 |
| Cost of revenue | 49 | 42 | 48 | 46 | 55 | 79 | 79 | 79 |
| Gross profit | 241 | 256 | 216 | 279 | 299 | 373 | 297 | 402 |
| Research and development | 18 | 20 | 15 | 18 | 17 | 32 | 26 | 28 |
| Selling, general and administrative | 41 | 42 | 42 | 42 | 46 | 77 | 58 | 57 |
| Operating income | 163 | 176 | 142 | 202 | 218 | −93 | 185 | 288 |
| Interest expense | 5 | 5 | 5 | 4 | 4 | 5 | 6 | 6 |
| Income before tax | 165 | 178 | 144 | 205 | 219 | −101 | 180 | 285 |
| Income tax | 28 | 41 | 26 | 40 | 44 | 41 | 30 | 55 |
| Net income | 137 | 137 | 118 | 165 | 175 | −142 | 150 | 230 |
| Diluted EPS | $1.05 | $1.06 | $0.93 | $1.33 | $1.43 | −$1.12 | $1.22 | $1.90 |
| EBITDA | 166 | 178 | 144 | 205 | 221 | −90 | 189 | 292 |
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