Halozyme Therapeutics (HALO) Gross Margin (2010 - 2026)
Halozyme Therapeutics' (HALO) quarterly Gross Margin came in at 78.97% in Q1 2026, down 276.0% year-on-year from 44.87% in Q1 2025, and down 4.36% on a QoQ basis from 82.56% in Q4 2025.
Halozyme Therapeutics (HALO) Gross Margin (2010 - 2026) Analysis & Trends
Halozyme Therapeutics (HALO) has 17 years of Gross Margin data on file, last reported at 78.97% in Q1 2026.
- On a quarterly basis, Gross Margin fell 276.0% year-over-year to 78.97% in Q1 2026; TTM through Mar 2026 was 82.79%, a 66.0% decrease from a year earlier, with the FY2025 full-year figure at 83.62%, down 68.0% from the prior year.
- Gross Margin for Q1 2026 stood at 78.97%, down from 82.56% in the prior quarter.
- Over the last five years, Gross Margin for HALO reached as high as 86.42% in Q1 2022 and fell as low as 74.62% in Q3 2023.
- Historically, Gross Margin has averaged 80.97% across 5 years, with a median of 81.73% in 2025.
- Across the five-year window, Gross Margin tumbled 811 bps in 2023 and jumped 862 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 76.79% in 2022, then advanced by 1 bps to 77.27% in 2023, then grew by 11 bps to 85.89% in 2024, then declined by 4 bps to 82.56% in 2025, then dropped by 4 bps to 78.97% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 78.97% in Q1 2026, 82.56% in Q4 2025, and 84.41% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 88.95% |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 86.85% |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 91.79% |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 90.68% |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Halozyme Therapeutics | 9.55 Bn | 9.23 Bn | 297.47 Mn | 78.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 78.97% |
| Dec 31, 2025 | 82.56% |
| Sep 30, 2025 | 84.41% |
| Jun 30, 2025 | 85.77% |
| Mar 31, 2025 | 81.73% |
| Dec 31, 2024 | 85.89% |
| Sep 30, 2024 | 82.96% |
| Jun 30, 2024 | 82.88% |
| Mar 31, 2024 | 85.54% |
| Dec 31, 2023 | 77.27% |
| Sep 30, 2023 | 74.62% |
| Jun 30, 2023 | 77.35% |
| Mar 31, 2023 | 78.31% |
| Dec 31, 2022 | 76.79% |
| Sep 30, 2022 | 77.36% |
| Jun 30, 2022 | 77.72% |
| Mar 31, 2022 | 86.42% |
| Dec 31, 2021 | 78.84% |
| Sep 30, 2021 | 83.95% |
| Jun 30, 2021 | 83.13% |