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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
Adjusted EBITDA
“$1.125 billion to $1.205 billion, representing growth of 71% to 83% over 2025”
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
For the full year 2026, the Company expects: • Total revenue of $1.710 billion to $1.810 billion, representing growth of 22% to 30% over 2025 total revenue, primarily driven by increases in royalty revenue and product sales from API. • Revenue from royalties of $1.130 billion to $1.170 billion, representing growth of 30% to 35% over 2025. • Adjusted EBITDA of $1.125 billion to $1.205 billion, representing growth of 71% to 83% over 2025, including new Hypercon™ and Surf Bio investment of approximately $60 million. • Non-GAAP diluted earnings per share of $7.75 to $8.25, representing growth of 87% to 99% over 2025. The Company’s earnings per share guidance includes new Hypercon™ and Surf Bio investment of approximately $60 million and does not consider the impact of potential future share repurchases. Table 1. 2026 Financial Guidance   Guidance Range Total Revenue $1.710 to $1.810 billion Royalty Revenue $1.130 to $1.170 billion Adjusted EBITDA 1 $1.125 to $1.205 billion Non-GAAP Diluted EPS 1 $7.75 to $8.25 1     EBITDA, Adjusted EBITDA and Non-GAAP Diluted EPS are Non-GAAP financial measures. See “Note Regarding Use of Non-GAAP Financial Measures” below for an explanation of these measures. Reconciliations between GAAP reported and Non-GAAP financial information for actual results are provided at the end of this earnings release. Webcast and Conference Call Halozyme will host its Quarterly Update Conference Call for the first quarter ended March 31, 2026 today, Monday, May 11, 2026, at 1:30 p.m. PT/4:30 p.m. ET. The conference call may be accessed live with pre-regist
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.