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Halozyme launches $1B share buyback, reports 42% revenue rise, and confirms strong 2026 growth outlook.

Company Fundamentals
11 May 2026
PRNewsWire
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Bullish
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Halozyme Therapeutics announced a $1 billion share repurchase program, planning to buy back at least $400 million in 2026, reflecting strong cash flow and confidence in its business. The company reported a 42% year-over-year revenue increase to $377 million in Q1 2026, driven by royalty growth and product sales. Halozyme reiterated its 2026 financial guidance, expecting total revenue between $1.71 billion and $1.81 billion, with royalty revenue growth of 30-35% and adjusted EBITDA growth of 71-83%. Recent collaborations with major pharma firms and new product approvals support a robust outlook for sustained royalty income into the 2030s and beyond.

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