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Halozyme Therapeutics hit $1.4B in 2025 revenue, driven by soaring royalties from key drugs, with strong growth expected in 2026.
Halozyme Therapeutics reported record 2025 revenue of $1.4 billion, a 38% increase driven by a 52% surge in royalty income to $867.8 million, fueled by strong sales of ENHANZE-enabled drugs like DARZALEX SC, Phesgo, and VYVGART Hytrulo.
Fourth-quarter revenue rose 52% to $451.8 million, with $258 million in royalties.
Despite a $285 million acquired in-process R&D charge reducing GAAP net income, non-GAAP EPS was $4.15.
The company raised $1.5 billion in convertible notes, expanded its subcutaneous delivery platforms, and expects 2026 revenue of $1.71–$1.81 billion, with royalty growth of 30%-35%.
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Halozyme Therapeutics alcanzó $ 1.4B en ingresos en 2025, impulsado por el aumento de las regalías de medicamentos clave, con un fuerte crecimiento esperado en 2026.