HighGravityData

Halozyme Therapeutics — May 11, 2026 release

Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001159036-26-000067
Open on SEC.gov ↗
Showing in the filing
ENHANZE products in development
“13”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 13
Goal of new SC delivery platform deals for FY2026
“three”
ENHANZE products in development for FY2026
“13”
ENHANZE royalty revenue for FY2026
“exceed $1 billion”
Share repurchase program authorization for FY2028
“up to $1 billion of its outstanding common stock”
Share repurchase program
“up to $1 billion”
Expected share repurchases for FY2026
“at least $400 million of shares”
Total revenue for FY2026
“$1.710 billion to $1.810 billion, representing growth of 22% to 30% over 2025 total revenue”
Revenue from royalties for FY2026
“$1.130 billion to $1.170 billion, representing growth of 30% to 35% over 2025”
Adjusted EBITDA for FY2026
“$1.125 billion to $1.205 billion, representing growth of 71% to 83% over 2025”
New Hypercon and Surf Bio investment include… for FY2026
“approximately $60 million”
Non-GAAP diluted earnings per share for FY2026
“$7.75 to $8.25, representing growth of 87% to 99% over 2025”
Royalty Revenue for FY2026
“$1.130 to $1.170 billion”
Non-GAAP Diluted EPS for FY2026
“$7.75 to $8.25”
Exhibit 99.1 · the passage around this item
… earlier in the release
Takeda also announced positive Phase 2/3 data for its 20% immunoglobulin TAK-881 in patients with primary immune deficiency, creating the potential for the 11th ENHANZE product launch.” “Our opportunity with ENHANZE was further enhanced in the quarter by two new Phase 1 study starts, increasing the number of ENHANZE products in development to nine, well on our way to the expected 13 ENHANZE products in development by year-end 2026. We project these ENHANZE products have the potential for approvals beginning in 2029+, creating a new wave of royalty revenue. The five signed Hypercon agreements, which include the opportunity for 17 targets to be developed, with first approvals projected in the 2030/2031 time period represents a third exciting wave of new royalty revenue opportunity. This continued performance and progress resulted in strong first quarter financial results and we are pleased to reaffirm our 2026 outlook, including expectations for ENHANZE royalty revenue to exceed $1 billion for the full year,” Dr. Torley concluded. Recent Corporate Highlights: • In May 2026, the Company announced a new share repurchase program to repurchase up to $1 billion of its outstanding common stock by December 31, 2028, with an expectation of buying back at least $400 million of shares in 2026. Recent Partner Highlights: • In May 2026, argenx announced U.S. Food and Drug Administration (“FDA”) approval of a supplemental Biologics License Application (“sBLA”) for VYVGART ® Hytrulo with ENHANZE ® for the treatment of adult patients with generalized myasthenia gravis (“gMG”) including all serotypes – anti-
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.