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Side-by-side financial comparison of HALOZYME THERAPEUTICS, INC. (HALO) and KRONOS WORLDWIDE INC (KRO). Click either name above to swap in a different company.

HALOZYME THERAPEUTICS, INC. is the larger business by last-quarter revenue ($451.8M vs $418.3M, roughly 1.1× KRONOS WORLDWIDE INC). KRONOS WORLDWIDE INC runs the higher net margin — -19.8% vs -31.3%, a 11.5% gap on every dollar of revenue. On growth, HALOZYME THERAPEUTICS, INC. posted the faster year-over-year revenue change (51.6% vs -1.1%). HALOZYME THERAPEUTICS, INC. produced more free cash flow last quarter ($217.6M vs $81.9M). Over the past eight quarters, HALOZYME THERAPEUTICS, INC.'s revenue compounded faster (51.9% CAGR vs -6.5%).

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

Kronos Incorporated was an American multinational workforce management and human capital management cloud provider headquartered in Lowell, Massachusetts, United States, which employed more than 6,000 people worldwide.

HALO vs KRO — Head-to-Head

Bigger by revenue
HALO
HALO
1.1× larger
HALO
$451.8M
$418.3M
KRO
Growing faster (revenue YoY)
HALO
HALO
+52.7% gap
HALO
51.6%
-1.1%
KRO
Higher net margin
KRO
KRO
11.5% more per $
KRO
-19.8%
-31.3%
HALO
More free cash flow
HALO
HALO
$135.7M more FCF
HALO
$217.6M
$81.9M
KRO
Faster 2-yr revenue CAGR
HALO
HALO
Annualised
HALO
51.9%
-6.5%
KRO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HALO
HALO
KRO
KRO
Revenue
$451.8M
$418.3M
Net Profit
$-141.6M
$-82.8M
Gross Margin
82.6%
-0.9%
Operating Margin
-20.6%
-15.1%
Net Margin
-31.3%
-19.8%
Revenue YoY
51.6%
-1.1%
Net Profit YoY
-203.3%
-527.3%
EPS (diluted)
$-1.13
$-0.72

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
HALO
HALO
KRO
KRO
Q4 25
$451.8M
$418.3M
Q3 25
$354.3M
$456.9M
Q2 25
$325.7M
$494.4M
Q1 25
$264.9M
$489.8M
Q4 24
$298.0M
$423.1M
Q3 24
$290.1M
$484.7M
Q2 24
$231.4M
$500.5M
Q1 24
$195.9M
$478.8M
Net Profit
HALO
HALO
KRO
KRO
Q4 25
$-141.6M
$-82.8M
Q3 25
$175.2M
$-37.0M
Q2 25
$165.2M
$-9.2M
Q1 25
$118.1M
$18.1M
Q4 24
$137.0M
$-13.2M
Q3 24
$137.0M
$71.8M
Q2 24
$93.2M
$19.5M
Q1 24
$76.8M
$8.1M
Gross Margin
HALO
HALO
KRO
KRO
Q4 25
82.6%
-0.9%
Q3 25
84.4%
10.3%
Q2 25
85.8%
12.7%
Q1 25
81.7%
21.8%
Q4 24
85.9%
20.4%
Q3 24
83.0%
20.9%
Q2 24
82.9%
20.0%
Q1 24
85.5%
14.9%
Operating Margin
HALO
HALO
KRO
KRO
Q4 25
-20.6%
-15.1%
Q3 25
61.5%
-4.2%
Q2 25
62.2%
1.5%
Q1 25
53.4%
7.8%
Q4 24
58.9%
6.8%
Q3 24
56.3%
8.0%
Q2 24
50.7%
7.2%
Q1 24
48.8%
4.1%
Net Margin
HALO
HALO
KRO
KRO
Q4 25
-31.3%
-19.8%
Q3 25
49.5%
-8.1%
Q2 25
50.7%
-1.9%
Q1 25
44.6%
3.7%
Q4 24
46.0%
-3.1%
Q3 24
47.2%
14.8%
Q2 24
40.3%
3.9%
Q1 24
39.2%
1.7%
EPS (diluted)
HALO
HALO
KRO
KRO
Q4 25
$-1.13
$-0.72
Q3 25
$1.43
$-0.32
Q2 25
$1.33
$-0.08
Q1 25
$0.93
$0.16
Q4 24
$1.06
$-0.11
Q3 24
$1.05
$0.62
Q2 24
$0.72
$0.17
Q1 24
$0.60
$0.07

Balance Sheet & Financial Strength

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

Metric
HALO
HALO
KRO
KRO
Cash + ST InvestmentsLiquidity on hand
$133.8M
$33.2M
Total DebtLower is stronger
$2.1B
$557.4M
Stockholders' EquityBook value
$48.8M
$751.1M
Total Assets
$2.5B
$1.8B
Debt / EquityLower = less leverage
43.89×
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HALO
HALO
KRO
KRO
Q4 25
$133.8M
$33.2M
Q3 25
$419.7M
$27.7M
Q2 25
$61.9M
$18.9M
Q1 25
$176.3M
$20.5M
Q4 24
$115.8M
$106.7M
Q3 24
$154.3M
$94.8M
Q2 24
$187.9M
$133.8M
Q1 24
$164.6M
$120.7M
Total Debt
HALO
HALO
KRO
KRO
Q4 25
$2.1B
$557.4M
Q3 25
$1.5B
$626.2M
Q2 25
$1.5B
$589.3M
Q1 25
$1.5B
$557.2M
Q4 24
$1.5B
$507.4M
Q3 24
$1.5B
$554.3M
Q2 24
$1.5B
$423.7M
Q1 24
$1.5B
$426.9M
Stockholders' Equity
HALO
HALO
KRO
KRO
Q4 25
$48.8M
$751.1M
Q3 25
$503.9M
$804.7M
Q2 25
$332.7M
$846.8M
Q1 25
$482.3M
$847.0M
Q4 24
$363.8M
$817.0M
Q3 24
$452.7M
$847.4M
Q2 24
$289.4M
$774.6M
Q1 24
$177.8M
$774.4M
Total Assets
HALO
HALO
KRO
KRO
Q4 25
$2.5B
$1.8B
Q3 25
$2.2B
$1.9B
Q2 25
$2.1B
$1.9B
Q1 25
$2.2B
$1.9B
Q4 24
$2.1B
$1.9B
Q3 24
$2.1B
$1.9B
Q2 24
$2.0B
$1.7B
Q1 24
$1.8B
$1.7B
Debt / Equity
HALO
HALO
KRO
KRO
Q4 25
43.89×
0.74×
Q3 25
3.00×
0.78×
Q2 25
4.54×
0.70×
Q1 25
3.13×
0.66×
Q4 24
4.14×
0.62×
Q3 24
3.32×
0.65×
Q2 24
5.19×
0.55×
Q1 24
8.44×
0.55×

Cash Flow & Capital Efficiency

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

Metric
HALO
HALO
KRO
KRO
Operating Cash FlowLast quarter
$219.0M
$92.1M
Free Cash FlowOCF − Capex
$217.6M
$81.9M
FCF MarginFCF / Revenue
48.2%
19.6%
Capex IntensityCapex / Revenue
0.3%
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$644.6M
$-40.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HALO
HALO
KRO
KRO
Q4 25
$219.0M
$92.1M
Q3 25
$178.6M
$-7.9M
Q2 25
$99.7M
$20.7M
Q1 25
$154.2M
$-102.4M
Q4 24
$178.5M
$49.3M
Q3 24
$115.4M
$28.3M
Q2 24
$55.8M
$38.2M
Q1 24
$129.4M
$-43.3M
Free Cash Flow
HALO
HALO
KRO
KRO
Q4 25
$217.6M
$81.9M
Q3 25
$175.6M
$-17.4M
Q2 25
$98.1M
$9.5M
Q1 25
$153.3M
$-114.4M
Q4 24
$175.4M
$37.0M
Q3 24
$113.9M
$19.2M
Q2 24
$53.2M
$34.8M
Q1 24
$125.9M
$-48.0M
FCF Margin
HALO
HALO
KRO
KRO
Q4 25
48.2%
19.6%
Q3 25
49.6%
-3.8%
Q2 25
30.1%
1.9%
Q1 25
57.9%
-23.4%
Q4 24
58.9%
8.7%
Q3 24
39.3%
4.0%
Q2 24
23.0%
7.0%
Q1 24
64.3%
-10.0%
Capex Intensity
HALO
HALO
KRO
KRO
Q4 25
0.3%
2.4%
Q3 25
0.9%
2.1%
Q2 25
0.5%
2.3%
Q1 25
0.4%
2.4%
Q4 24
1.0%
2.9%
Q3 24
0.5%
1.9%
Q2 24
1.1%
0.7%
Q1 24
1.8%
1.0%
Cash Conversion
HALO
HALO
KRO
KRO
Q4 25
Q3 25
1.02×
Q2 25
0.60×
Q1 25
1.31×
-5.66×
Q4 24
1.30×
Q3 24
0.84×
0.39×
Q2 24
0.60×
1.96×
Q1 24
1.68×
-5.35×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HALO
HALO

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

KRO
KRO

Segment breakdown not available.

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