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Side-by-side financial comparison of Aligos Therapeutics, Inc. (ALGS) and HALOZYME THERAPEUTICS, INC. (HALO). Click either name above to swap in a different company.

HALOZYME THERAPEUTICS, INC. is the larger business by last-quarter revenue ($451.8M vs $169.0K, roughly 2673.2× Aligos Therapeutics, Inc.). HALOZYME THERAPEUTICS, INC. runs the higher net margin — -31.3% vs -11763.9%, a 11732.6% gap on every dollar of revenue. On growth, HALOZYME THERAPEUTICS, INC. posted the faster year-over-year revenue change (51.6% vs -72.1%). Over the past eight quarters, HALOZYME THERAPEUTICS, INC.'s revenue compounded faster (51.9% CAGR vs -50.7%).

Aligos Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing novel targeted therapies for prevalent liver diseases and viral infections. Its core pipeline includes candidates for chronic hepatitis B, non-alcoholic steatohepatitis, and other liver-related disorders, advancing R&D to serve unmet global patient needs.

Halozyme Therapeutics, Inc. is an American biotechnology company. It develops oncology therapies designed to target the tumor microenvironment.

ALGS vs HALO — Head-to-Head

Bigger by revenue
HALO
HALO
2673.2× larger
HALO
$451.8M
$169.0K
ALGS
Growing faster (revenue YoY)
HALO
HALO
+123.7% gap
HALO
51.6%
-72.1%
ALGS
Higher net margin
HALO
HALO
11732.6% more per $
HALO
-31.3%
-11763.9%
ALGS
Faster 2-yr revenue CAGR
HALO
HALO
Annualised
HALO
51.9%
-50.7%
ALGS

Income Statement — Q4 2025 vs Q4 2025

Metric
ALGS
ALGS
HALO
HALO
Revenue
$169.0K
$451.8M
Net Profit
$-19.9M
$-141.6M
Gross Margin
82.6%
Operating Margin
-12907.7%
-20.6%
Net Margin
-11763.9%
-31.3%
Revenue YoY
-72.1%
51.6%
Net Profit YoY
75.8%
-203.3%
EPS (diluted)
$4.23
$-1.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALGS
ALGS
HALO
HALO
Q4 25
$169.0K
$451.8M
Q3 25
$741.0K
$354.3M
Q2 25
$965.0K
$325.7M
Q1 25
$311.0K
$264.9M
Q4 24
$606.0K
$298.0M
Q3 24
$1.3M
$290.1M
Q2 24
$1.1M
$231.4M
Q1 24
$694.0K
$195.9M
Net Profit
ALGS
ALGS
HALO
HALO
Q4 25
$-19.9M
$-141.6M
Q3 25
$-31.5M
$175.2M
Q2 25
$-15.9M
$165.2M
Q1 25
$43.1M
$118.1M
Q4 24
$-82.2M
$137.0M
Q3 24
$-19.3M
$137.0M
Q2 24
$5.1M
$93.2M
Q1 24
$-34.9M
$76.8M
Gross Margin
ALGS
ALGS
HALO
HALO
Q4 25
82.6%
Q3 25
84.4%
Q2 25
85.8%
Q1 25
81.7%
Q4 24
85.9%
Q3 24
83.0%
Q2 24
82.9%
Q1 24
85.5%
Operating Margin
ALGS
ALGS
HALO
HALO
Q4 25
-12907.7%
-20.6%
Q3 25
-3827.4%
61.5%
Q2 25
-1924.0%
62.2%
Q1 25
-6187.5%
53.4%
Q4 24
-3393.2%
58.9%
Q3 24
-1610.5%
56.3%
Q2 24
-2489.5%
50.7%
Q1 24
-3176.7%
48.8%
Net Margin
ALGS
ALGS
HALO
HALO
Q4 25
-11763.9%
-31.3%
Q3 25
-4256.0%
49.5%
Q2 25
-1643.8%
50.7%
Q1 25
13854.7%
44.6%
Q4 24
-13556.1%
46.0%
Q3 24
-1540.7%
47.2%
Q2 24
477.0%
40.3%
Q1 24
-5023.5%
39.2%
EPS (diluted)
ALGS
ALGS
HALO
HALO
Q4 25
$4.23
$-1.13
Q3 25
$-3.04
$1.43
Q2 25
$-1.53
$1.33
Q1 25
$-2.11
$0.93
Q4 24
$-13.10
$1.06
Q3 24
$-3.07
$1.05
Q2 24
$0.81
$0.72
Q1 24
$-5.58
$0.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALGS
ALGS
HALO
HALO
Cash + ST InvestmentsLiquidity on hand
$77.8M
$133.8M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$53.5M
$48.8M
Total Assets
$88.5M
$2.5B
Debt / EquityLower = less leverage
43.89×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALGS
ALGS
HALO
HALO
Q4 25
$77.8M
$133.8M
Q3 25
$99.1M
$419.7M
Q2 25
$122.9M
$61.9M
Q1 25
$137.9M
$176.3M
Q4 24
$56.9M
$115.8M
Q3 24
$74.9M
$154.3M
Q2 24
$94.5M
$187.9M
Q1 24
$112.7M
$164.6M
Total Debt
ALGS
ALGS
HALO
HALO
Q4 25
$2.1B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.5B
Stockholders' Equity
ALGS
ALGS
HALO
HALO
Q4 25
$53.5M
$48.8M
Q3 25
$71.8M
$503.9M
Q2 25
$101.9M
$332.7M
Q1 25
$116.4M
$482.3M
Q4 24
$-29.0M
$363.8M
Q3 24
$50.1M
$452.7M
Q2 24
$67.2M
$289.4M
Q1 24
$59.8M
$177.8M
Total Assets
ALGS
ALGS
HALO
HALO
Q4 25
$88.5M
$2.5B
Q3 25
$109.8M
$2.2B
Q2 25
$134.7M
$2.1B
Q1 25
$150.7M
$2.2B
Q4 24
$70.1M
$2.1B
Q3 24
$88.4M
$2.1B
Q2 24
$108.8M
$2.0B
Q1 24
$127.9M
$1.8B
Debt / Equity
ALGS
ALGS
HALO
HALO
Q4 25
43.89×
Q3 25
3.00×
Q2 25
4.54×
Q1 25
3.13×
Q4 24
4.14×
Q3 24
3.32×
Q2 24
5.19×
Q1 24
8.44×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALGS
ALGS
HALO
HALO
Operating Cash FlowLast quarter
$-21.7M
$219.0M
Free Cash FlowOCF − Capex
$217.6M
FCF MarginFCF / Revenue
48.2%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$644.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALGS
ALGS
HALO
HALO
Q4 25
$-21.7M
$219.0M
Q3 25
$-24.3M
$178.6M
Q2 25
$-15.5M
$99.7M
Q1 25
$-20.9M
$154.2M
Q4 24
$-18.4M
$178.5M
Q3 24
$-20.1M
$115.4M
Q2 24
$-19.5M
$55.8M
Q1 24
$-22.7M
$129.4M
Free Cash Flow
ALGS
ALGS
HALO
HALO
Q4 25
$217.6M
Q3 25
$175.6M
Q2 25
$98.1M
Q1 25
$153.3M
Q4 24
$175.4M
Q3 24
$113.9M
Q2 24
$53.2M
Q1 24
$125.9M
FCF Margin
ALGS
ALGS
HALO
HALO
Q4 25
48.2%
Q3 25
49.6%
Q2 25
30.1%
Q1 25
57.9%
Q4 24
58.9%
Q3 24
39.3%
Q2 24
23.0%
Q1 24
64.3%
Capex Intensity
ALGS
ALGS
HALO
HALO
Q4 25
0.3%
Q3 25
0.9%
Q2 25
0.5%
Q1 25
0.4%
Q4 24
1.0%
Q3 24
0.5%
Q2 24
1.1%
Q1 24
1.8%
Cash Conversion
ALGS
ALGS
HALO
HALO
Q4 25
Q3 25
1.02×
Q2 25
0.60×
Q1 25
-0.49×
1.31×
Q4 24
1.30×
Q3 24
0.84×
Q2 24
-3.85×
0.60×
Q1 24
1.68×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALGS
ALGS

Segment breakdown not available.

HALO
HALO

Royalty$258.0M57%
Products$122.7M27%
Proprietary Products Sales$59.6M13%
Device Partnered Products$12.9M3%

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