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Side-by-side financial comparison of Atlanticus Holdings Corp (ATLCP) and HALOZYME THERAPEUTICS, INC. (HALO). Click either name above to swap in a different company.

Atlanticus Holdings Corp is the larger business by last-quarter revenue ($734.4M vs $451.8M, roughly 1.6× HALOZYME THERAPEUTICS, INC.). Atlanticus Holdings Corp runs the higher net margin — 4.7% vs -31.3%, a 36.1% gap on every dollar of revenue. On growth, Atlanticus Holdings Corp posted the faster year-over-year revenue change (107.8% vs 51.6%). Over the past eight quarters, Atlanticus Holdings Corp's revenue compounded faster (58.9% CAGR vs 51.9%).

Atlanticus Holdings Corp is a U.S.-based financial technology and consumer finance company that provides accessible credit solutions including point-of-sale financing, personal loans, and credit alternatives, primarily serving non-prime and underserved consumer segments across the U.S. It partners with retail merchants and financial institutions to deliver flexible, responsible credit products tailored to borrowers with limited or damaged credit histories.

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

ATLCP vs HALO — Head-to-Head

Bigger by revenue
ATLCP
ATLCP
1.6× larger
ATLCP
$734.4M
$451.8M
HALO
Growing faster (revenue YoY)
ATLCP
ATLCP
+56.2% gap
ATLCP
107.8%
51.6%
HALO
Higher net margin
ATLCP
ATLCP
36.1% more per $
ATLCP
4.7%
-31.3%
HALO
Faster 2-yr revenue CAGR
ATLCP
ATLCP
Annualised
ATLCP
58.9%
51.9%
HALO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ATLCP
ATLCP
HALO
HALO
Revenue
$734.4M
$451.8M
Net Profit
$34.6M
$-141.6M
Gross Margin
92.4%
82.6%
Operating Margin
6.3%
-20.6%
Net Margin
4.7%
-31.3%
Revenue YoY
107.8%
51.6%
Net Profit YoY
11.7%
-203.3%
EPS (diluted)
$1.75
$-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
ATLCP
ATLCP
HALO
HALO
Q4 25
$734.4M
$451.8M
Q3 25
$494.7M
$354.3M
Q2 25
$394.2M
$325.7M
Q1 25
$345.2M
$264.9M
Q4 24
$353.5M
$298.0M
Q3 24
$351.2M
$290.1M
Q2 24
$316.0M
$231.4M
Q1 24
$290.7M
$195.9M
Net Profit
ATLCP
ATLCP
HALO
HALO
Q4 25
$34.6M
$-141.6M
Q3 25
$25.0M
$175.2M
Q2 25
$30.6M
$165.2M
Q1 25
$31.5M
$118.1M
Q4 24
$31.0M
$137.0M
Q3 24
$29.5M
$137.0M
Q2 24
$24.3M
$93.2M
Q1 24
$26.2M
$76.8M
Gross Margin
ATLCP
ATLCP
HALO
HALO
Q4 25
92.4%
82.6%
Q3 25
92.1%
84.4%
Q2 25
91.4%
85.8%
Q1 25
90.7%
81.7%
Q4 24
89.9%
85.9%
Q3 24
92.0%
83.0%
Q2 24
91.2%
82.9%
Q1 24
90.8%
85.5%
Operating Margin
ATLCP
ATLCP
HALO
HALO
Q4 25
6.3%
-20.6%
Q3 25
6.6%
61.5%
Q2 25
10.2%
62.2%
Q1 25
11.8%
53.4%
Q4 24
11.3%
58.9%
Q3 24
10.6%
56.3%
Q2 24
9.1%
50.7%
Q1 24
11.3%
48.8%
Net Margin
ATLCP
ATLCP
HALO
HALO
Q4 25
4.7%
-31.3%
Q3 25
5.0%
49.5%
Q2 25
7.8%
50.7%
Q1 25
9.1%
44.6%
Q4 24
8.8%
46.0%
Q3 24
8.4%
47.2%
Q2 24
7.7%
40.3%
Q1 24
9.0%
39.2%
EPS (diluted)
ATLCP
ATLCP
HALO
HALO
Q4 25
$1.75
$-1.13
Q3 25
$1.21
$1.43
Q2 25
$1.51
$1.33
Q1 25
$1.49
$0.93
Q4 24
$1.42
$1.06
Q3 24
$1.27
$1.05
Q2 24
$0.99
$0.72
Q1 24
$1.09
$0.60

Balance Sheet & Financial Strength

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

Metric
ATLCP
ATLCP
HALO
HALO
Cash + ST InvestmentsLiquidity on hand
$621.1M
$133.8M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$608.7M
$48.8M
Total Assets
$7.6B
$2.5B
Debt / EquityLower = less leverage
43.89×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATLCP
ATLCP
HALO
HALO
Q4 25
$621.1M
$133.8M
Q3 25
$425.0M
$419.7M
Q2 25
$329.4M
$61.9M
Q1 25
$350.4M
$176.3M
Q4 24
$375.4M
$115.8M
Q3 24
$308.7M
$154.3M
Q2 24
$350.9M
$187.9M
Q1 24
$444.8M
$164.6M
Total Debt
ATLCP
ATLCP
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
ATLCP
ATLCP
HALO
HALO
Q4 25
$608.7M
$48.8M
Q3 25
$589.3M
$503.9M
Q2 25
$563.3M
$332.7M
Q1 25
$532.7M
$482.3M
Q4 24
$492.9M
$363.8M
Q3 24
$457.7M
$452.7M
Q2 24
$433.8M
$289.4M
Q1 24
$416.0M
$177.8M
Total Assets
ATLCP
ATLCP
HALO
HALO
Q4 25
$7.6B
$2.5B
Q3 25
$7.1B
$2.2B
Q2 25
$3.6B
$2.1B
Q1 25
$3.3B
$2.2B
Q4 24
$3.3B
$2.1B
Q3 24
$3.0B
$2.1B
Q2 24
$2.8B
$2.0B
Q1 24
$2.8B
$1.8B
Debt / Equity
ATLCP
ATLCP
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
ATLCP
ATLCP
HALO
HALO
Operating Cash FlowLast quarter
$266.3M
$219.0M
Free Cash FlowOCF − Capex
$217.6M
FCF MarginFCF / Revenue
48.2%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
7.69×
TTM Free Cash FlowTrailing 4 quarters
$644.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATLCP
ATLCP
HALO
HALO
Q4 25
$266.3M
$219.0M
Q3 25
$107.5M
$178.6M
Q2 25
$132.7M
$99.7M
Q1 25
$131.6M
$154.2M
Q4 24
$122.6M
$178.5M
Q3 24
$112.4M
$115.4M
Q2 24
$115.6M
$55.8M
Q1 24
$118.8M
$129.4M
Free Cash Flow
ATLCP
ATLCP
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
ATLCP
ATLCP
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
ATLCP
ATLCP
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
ATLCP
ATLCP
HALO
HALO
Q4 25
7.69×
Q3 25
4.30×
1.02×
Q2 25
4.34×
0.60×
Q1 25
4.17×
1.31×
Q4 24
3.96×
1.30×
Q3 24
3.80×
0.84×
Q2 24
4.76×
0.60×
Q1 24
4.54×
1.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ATLCP
ATLCP

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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