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 royalty revenue
“exceed $1 billion”
Period
FY2026
Measure
GAAP-tied
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
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-AChR-Ab positive, anti-MuSK-Ab positive, anti-LRP4-Ab positive, and triple seronegative. • In May 2026, Halozyme and GSK plc (“GSK”) entered into a global collaboration and license agreement for ENHANZE ® with multiple oncology targets, including the first potential application in antibody-drug conjugates (“ADCs”). Under the terms of the agreement, GSK will make an upfront payment and potential future milestone payments and royalties on net sales of products developed with ENHANZE ® . • In May 2026, Halozyme and Oruka Therapeutics, Inc. (“Oruka”) entered into a global exclusive
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.