NASDAQ$HALO

Halozyme Therapeutics Inc · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Halozyme reported Q1 2026 total revenues of $376.7M (+42% YoY), net income of $150.0M, and diluted EPS of $1.22.

For the quarter ended March 31, 2026, Halozyme generated total revenues of $376.7 million, up 42% from $264.9 million, driven by royalties ($240.7M) and product sales ($130.4M). Operating income was $184.5 million; net income was $150.0 million (diluted EPS $1.22) versus $118.1 million and $0.93. ENHANZE royalty growth from Darzalex, Vyvgart, and Phesgo was the primary driver.

  • Total revenues $376.7M (+42% YoY); royalties $240.7M (+43%).
  • Product sales, net $130.4M (+67%).
  • Operating income $184.5M; net income $150.0M.
  • Diluted EPS $1.22 vs. $0.93 (+31%).
  • Cash $309.7M; debt paydown and capital return capacity.

Headline financials

Total Revenue

$377M

Previous: $265M+42.2%
EPS (adj)

$1.22

Previous: $0.93+31.2%
Capital Expenditures

-$3.74M

Previous: -$950K-293.8%
Net Income

$150M

Previous: $118M+27.1%
Operating Income

$185M

Previous: $142M+30.4%

Revenue & EPS history

Halozyme · Revenue · Quarterly

$377M

Q1 2026+42.2%vs Q1 2025
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Halozyme · $129M total across 2 segments · Q3 2023

  • Royalties
    $114M+14.9%
  • Revenues under collaborative agreements
    $15M-68.7%

Forward guidance

Management expects continued ENHANZE royalty growth from partner launches; full-year outlook on calls.

Tailwinds

  • Exceptional royalty and product revenue growth.
  • High-margin royalty stream drives profitability.

Headwinds

  • Concentration in key partner products.
  • Interest expense on acquisition-related debt.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+1.8%

Avg return

Earnings day

+4.4%

Avg return

5 days after

+1.8%

Avg return

30 days after

62%

32 / 52 earnings

Positive

+18.2%

Q1 2025

Best reaction

-12.8%

Q3 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.7%+1.1%+6.5%
Q4 2025-9.0%-12.2%-21.2%
Q3 2025+2.7%+3.1%-4.9%
Q1 2025+18.2%+12.1%-8.6%
Q3 2024+13.0%+16.1%-4.7%
Q2 2024+3.9%+5.9%+17.2%
Q1 2024+2.8%+5.6%+25.9%
Q4 2023+6.3%+12.4%+11.4%
Q3 2023+9.1%+4.7%+12.3%
Q2 2023+1.5%+4.1%-6.8%
Q1 2023+13.9%+8.9%+12.8%
Q4 2022+0.1%-1.0%-32.7%
Q3 2022+7.4%+16.6%+25.0%
Q2 2022-2.1%-4.2%-11.9%
Q1 2022+3.3%+8.2%+20.4%
Q4 2021+3.1%+8.6%+18.3%
Q3 2021+2.6%+4.3%-15.0%
Q2 2021+1.8%+2.4%+3.8%
Q1 2021-10.3%-9.5%-17.2%
Q4 2020+5.7%-7.1%-15.2%
Q3 2020+12.9%+34.6%+45.2%
Q2 2020-2.7%-3.7%-3.2%
Q1 2020+0.2%+2.7%-1.4%
Q4 2019-4.7%-10.4%-22.4%
Q3 2019+6.4%+13.9%+12.8%
Q2 2019-0.9%-5.1%-5.3%
Q1 2019-3.1%-5.9%-10.9%
Q4 2018-0.4%+1.8%-8.2%
Q3 2018+0.7%+0.6%-1.6%
Q2 2018+0.3%-2.6%+2.5%
Q1 2018-7.3%-3.0%-7.2%
Q4 2017+3.8%+7.2%+9.9%
Q3 2017+12.2%+6.9%+11.5%
Q2 2017-4.0%-9.7%-0.7%
Q1 2017-1.6%+3.1%-7.3%
Q4 2016+0.2%+5.6%+1.2%
Q3 2016+14.2%+48.7%+33.7%
Q2 2016-0.4%+1.6%+6.2%
Q1 2016+3.7%
Q4 2015+5.9%
Q3 2015-12.8%
Q2 2015-1.4%
Q1 2015+2.8%
Q4 2014+1.1%
Q3 2014-3.3%
Q2 2014+1.7%
Q3 2010-1.4%
Q3 2011-1.4%
Q2 2010-3.3%
Q2 2011-3.3%
Q1 2011+5.2%
Q1 2010-2.9%

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