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Gilead Sciences vs Halozyme Therapeutics: revenue, profit, margins and growth compared

Gilead Sciences brought in $29.4B of revenue in fiscal 2025, Halozyme Therapeutics $1.4B in fiscal 2025. Revenue changed by +2.4% at Gilead Sciences and +37.6% at Halozyme Therapeutics on the year before, so Halozyme Therapeutics grew faster. Gilead Sciences kept 28.9% of its revenue as net profit, Halozyme Therapeutics 22.7%. Free cash flow was $9.5B at Gilead Sciences and $644.6M at Halozyme Therapeutics.

Side by side, latest fiscal year

GILDHALO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$29.4B$1.4B
Revenue growth+2.4%+37.6%
Net income$8.5B$316.9M
Net margin28.9%22.7%
Free cash flow$9.5B$644.6M
Free cash flow margin32.1%46.2%
Earnings per share (diluted)$6.78$2.56
Cash$7.6B$133.8M
Debt$24.9B$2.1B
Price to earnings22.344.5
Market value$187.1B$12.9B
Dividend yield2.09%n/a
Rank by revenue in sector#22 of 523 · Health care#129 of 523 · Health care

Over the years

Revenue
GILD FY2018: $22.1BGILD FY2019: $22.4BGILD FY2020: $24.7BGILD FY2021: $27.3BGILD FY2022: $27.3BGILD FY2023: $27.1BGILD FY2024: $28.8BGILD FY2025: $29.4BHALO FY2018: $151.9MHALO FY2019: $196MHALO FY2020: $267.6MHALO FY2021: $443.3MHALO FY2022: $660.1MHALO FY2023: $829.3MHALO FY2024: $1BHALO FY2025: $1.4BFY18FY19FY20FY21FY22FY23FY24FY25
GILD $29.4BHALO $1.4B
Net income
GILD FY2018: $5.5BGILD FY2019: $5.4BGILD FY2020: $123MGILD FY2021: $6.2BGILD FY2022: $4.6BGILD FY2023: $5.7BGILD FY2024: $480MGILD FY2025: $8.5BHALO FY2018: -$80.3MHALO FY2019: -$72.2MHALO FY2020: $129.1MHALO FY2021: $402.7MHALO FY2022: $202.1MHALO FY2023: $281.6MHALO FY2024: $444.1MHALO FY2025: $316.9MFY18FY19FY20FY21FY22FY23FY24FY25
GILD $8.5BHALO $316.9M
Net margin
GILD FY2018: 24.7%GILD FY2019: 24.0%GILD FY2020: 0.5%GILD FY2021: 22.8%GILD FY2022: 16.8%GILD FY2023: 20.9%GILD FY2024: 1.7%GILD FY2025: 28.9%HALO FY2018: -52.9%HALO FY2019: -36.9%HALO FY2020: 48.2%HALO FY2021: 90.8%HALO FY2022: 30.6%HALO FY2023: 34.0%HALO FY2024: 43.7%HALO FY2025: 22.7%FY18FY19FY20FY21FY22FY23FY24FY25
GILD 28.9%HALO 22.7%
Revenue growth
GILD FY2019: +1.5%GILD FY2020: +10.0%GILD FY2021: +10.6%GILD FY2022: -0.1%GILD FY2023: -0.6%GILD FY2024: +6.0%GILD FY2025: +2.4%HALO FY2019: +29.1%HALO FY2020: +36.5%HALO FY2021: +65.7%HALO FY2022: +48.9%HALO FY2023: +25.6%HALO FY2024: +22.4%HALO FY2025: +37.6%FY19FY20FY21FY22FY23FY24FY25
GILD +2.4%HALO +37.6%
Free cash flow
GILD FY2018: $7.5BGILD FY2019: $8.3BGILD FY2020: $7.5BGILD FY2021: $10.8BGILD FY2022: $8.3BGILD FY2023: $7.4BGILD FY2024: $10.3BGILD FY2025: $9.5BHALO FY2018: -$54.2MHALO FY2019: -$89.5MHALO FY2020: $53MHALO FY2021: $298MHALO FY2022: $235.3MHALO FY2023: $373.3MHALO FY2024: $468.4MHALO FY2025: $644.6MFY18FY19FY20FY21FY22FY23FY24FY25
GILD $9.5BHALO $644.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Gilead Sciences and Halozyme Therapeutics

Which is bigger by revenue, Gilead Sciences or Halozyme Therapeutics?

Gilead Sciences is bigger by revenue: $29.4B in fiscal 2025, against $1.4B for Halozyme Therapeutics in fiscal 2025.

Which keeps more of its revenue as profit, Gilead Sciences or Halozyme Therapeutics?

Gilead Sciences had a net margin of 28.9% in fiscal 2025; Halozyme Therapeutics had 22.7% in fiscal 2025.

Which grew revenue faster, Gilead Sciences or Halozyme Therapeutics?

In their latest fiscal years revenue changed by +2.4% at Gilead Sciences and +37.6% at Halozyme Therapeutics.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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