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Side-by-side financial comparison of EZCORP INC (EZPW) 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 $382.0M, roughly 1.2× EZCORP INC). EZCORP INC runs the higher net margin — 11.6% vs -31.3%, a 42.9% gap on every dollar of revenue. On growth, HALOZYME THERAPEUTICS, INC. posted the faster year-over-year revenue change (51.6% vs 19.3%). HALOZYME THERAPEUTICS, INC. produced more free cash flow last quarter ($217.6M vs $31.7M). Over the past eight quarters, HALOZYME THERAPEUTICS, INC.'s revenue compounded faster (51.9% CAGR vs 15.6%).

EZCORP, Inc. is an American pawn shop operator based in Austin, Texas which provides services across the United States and Latin America. It is a publicly traded company listed on the NASDAQ stock exchange and is the second largest pawn shop operator in the U.S. after Cash America International.

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

EZPW vs HALO — Head-to-Head

Bigger by revenue
HALO
HALO
1.2× larger
HALO
$451.8M
$382.0M
EZPW
Growing faster (revenue YoY)
HALO
HALO
+32.3% gap
HALO
51.6%
19.3%
EZPW
Higher net margin
EZPW
EZPW
42.9% more per $
EZPW
11.6%
-31.3%
HALO
More free cash flow
HALO
HALO
$185.9M more FCF
HALO
$217.6M
$31.7M
EZPW
Faster 2-yr revenue CAGR
HALO
HALO
Annualised
HALO
51.9%
15.6%
EZPW

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EZPW
EZPW
HALO
HALO
Revenue
$382.0M
$451.8M
Net Profit
$44.3M
$-141.6M
Gross Margin
58.4%
82.6%
Operating Margin
15.9%
-20.6%
Net Margin
11.6%
-31.3%
Revenue YoY
19.3%
51.6%
Net Profit YoY
42.8%
-203.3%
EPS (diluted)
$0.55
$-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
EZPW
EZPW
HALO
HALO
Q4 25
$382.0M
$451.8M
Q3 25
$336.8M
$354.3M
Q2 25
$311.0M
$325.7M
Q1 25
$306.3M
$264.9M
Q4 24
$320.2M
$298.0M
Q3 24
$294.6M
$290.1M
Q2 24
$281.4M
$231.4M
Q1 24
$285.6M
$195.9M
Net Profit
EZPW
EZPW
HALO
HALO
Q4 25
$44.3M
$-141.6M
Q3 25
$26.7M
$175.2M
Q2 25
$26.5M
$165.2M
Q1 25
$25.4M
$118.1M
Q4 24
$31.0M
$137.0M
Q3 24
$15.2M
$137.0M
Q2 24
$17.9M
$93.2M
Q1 24
$21.5M
$76.8M
Gross Margin
EZPW
EZPW
HALO
HALO
Q4 25
58.4%
82.6%
Q3 25
59.0%
84.4%
Q2 25
59.1%
85.8%
Q1 25
58.3%
81.7%
Q4 24
57.9%
85.9%
Q3 24
59.5%
83.0%
Q2 24
59.2%
82.9%
Q1 24
58.7%
85.5%
Operating Margin
EZPW
EZPW
HALO
HALO
Q4 25
15.9%
-20.6%
Q3 25
11.0%
61.5%
Q2 25
11.6%
62.2%
Q1 25
11.2%
53.4%
Q4 24
13.1%
58.9%
Q3 24
8.8%
56.3%
Q2 24
7.9%
50.7%
Q1 24
9.6%
48.8%
Net Margin
EZPW
EZPW
HALO
HALO
Q4 25
11.6%
-31.3%
Q3 25
7.9%
49.5%
Q2 25
8.5%
50.7%
Q1 25
8.3%
44.6%
Q4 24
9.7%
46.0%
Q3 24
5.2%
47.2%
Q2 24
6.4%
40.3%
Q1 24
7.5%
39.2%
EPS (diluted)
EZPW
EZPW
HALO
HALO
Q4 25
$0.55
$-1.13
Q3 25
$0.35
$1.43
Q2 25
$0.34
$1.33
Q1 25
$0.33
$0.93
Q4 24
$0.40
$1.06
Q3 24
$0.20
$1.05
Q2 24
$0.25
$0.72
Q1 24
$0.29
$0.60

Balance Sheet & Financial Strength

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

Metric
EZPW
EZPW
HALO
HALO
Cash + ST InvestmentsLiquidity on hand
$465.9M
$133.8M
Total DebtLower is stronger
$518.6M
$2.1B
Stockholders' EquityBook value
$1.1B
$48.8M
Total Assets
$2.0B
$2.5B
Debt / EquityLower = less leverage
0.48×
43.89×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EZPW
EZPW
HALO
HALO
Q4 25
$465.9M
$133.8M
Q3 25
$469.5M
$419.7M
Q2 25
$472.1M
$61.9M
Q1 25
$505.2M
$176.3M
Q4 24
$174.5M
$115.8M
Q3 24
$170.5M
$154.3M
Q2 24
$218.0M
$187.9M
Q1 24
$229.1M
$164.6M
Total Debt
EZPW
EZPW
HALO
HALO
Q4 25
$518.6M
$2.1B
Q3 25
$518.1M
$1.5B
Q2 25
$517.6M
$1.5B
Q1 25
$620.5M
$1.5B
Q4 24
$327.7M
$1.5B
Q3 24
$327.3M
$1.5B
Q2 24
$361.3M
$1.5B
Q1 24
$360.9M
$1.5B
Stockholders' Equity
EZPW
EZPW
HALO
HALO
Q4 25
$1.1B
$48.8M
Q3 25
$1.0B
$503.9M
Q2 25
$990.1M
$332.7M
Q1 25
$851.6M
$482.3M
Q4 24
$823.9M
$363.8M
Q3 24
$804.6M
$452.7M
Q2 24
$801.5M
$289.4M
Q1 24
$800.4M
$177.8M
Total Assets
EZPW
EZPW
HALO
HALO
Q4 25
$2.0B
$2.5B
Q3 25
$2.0B
$2.2B
Q2 25
$1.9B
$2.1B
Q1 25
$1.8B
$2.2B
Q4 24
$1.5B
$2.1B
Q3 24
$1.5B
$2.1B
Q2 24
$1.5B
$2.0B
Q1 24
$1.5B
$1.8B
Debt / Equity
EZPW
EZPW
HALO
HALO
Q4 25
0.48×
43.89×
Q3 25
0.51×
3.00×
Q2 25
0.52×
4.54×
Q1 25
0.73×
3.13×
Q4 24
0.40×
4.14×
Q3 24
0.41×
3.32×
Q2 24
0.45×
5.19×
Q1 24
0.45×
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
EZPW
EZPW
HALO
HALO
Operating Cash FlowLast quarter
$39.1M
$219.0M
Free Cash FlowOCF − Capex
$31.7M
$217.6M
FCF MarginFCF / Revenue
8.3%
48.2%
Capex IntensityCapex / Revenue
2.0%
0.3%
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters
$121.7M
$644.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EZPW
EZPW
HALO
HALO
Q4 25
$39.1M
$219.0M
Q3 25
$51.3M
$178.6M
Q2 25
$34.8M
$99.7M
Q1 25
$36.9M
$154.2M
Q4 24
$26.0M
$178.5M
Q3 24
$43.3M
$115.4M
Q2 24
$33.7M
$55.8M
Q1 24
$15.1M
$129.4M
Free Cash Flow
EZPW
EZPW
HALO
HALO
Q4 25
$31.7M
$217.6M
Q3 25
$35.7M
$175.6M
Q2 25
$25.7M
$98.1M
Q1 25
$28.6M
$153.3M
Q4 24
$20.4M
$175.4M
Q3 24
$24.4M
$113.9M
Q2 24
$30.5M
$53.2M
Q1 24
$8.6M
$125.9M
FCF Margin
EZPW
EZPW
HALO
HALO
Q4 25
8.3%
48.2%
Q3 25
10.6%
49.6%
Q2 25
8.3%
30.1%
Q1 25
9.3%
57.9%
Q4 24
6.4%
58.9%
Q3 24
8.3%
39.3%
Q2 24
10.8%
23.0%
Q1 24
3.0%
64.3%
Capex Intensity
EZPW
EZPW
HALO
HALO
Q4 25
2.0%
0.3%
Q3 25
4.6%
0.9%
Q2 25
2.9%
0.5%
Q1 25
2.7%
0.4%
Q4 24
1.8%
1.0%
Q3 24
6.4%
0.5%
Q2 24
1.1%
1.1%
Q1 24
2.3%
1.8%
Cash Conversion
EZPW
EZPW
HALO
HALO
Q4 25
0.88×
Q3 25
1.92×
1.02×
Q2 25
1.31×
0.60×
Q1 25
1.45×
1.31×
Q4 24
0.84×
1.30×
Q3 24
2.85×
0.84×
Q2 24
1.88×
0.60×
Q1 24
0.70×
1.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EZPW
EZPW

Merchandise$210.1M55%
Pawn Service$131.9M35%
Jewelry Scrap$39.9M10%

HALO
HALO

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

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