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Side-by-side financial comparison of HALOZYME THERAPEUTICS, INC. (HALO) and WillScot Holdings Corp (WSC). Click either name above to swap in a different company.
WillScot Holdings Corp is the larger business by last-quarter revenue ($566.0M vs $451.8M, roughly 1.3× HALOZYME THERAPEUTICS, INC.). HALOZYME THERAPEUTICS, INC. runs the higher net margin — -31.3% vs -33.1%, a 1.8% gap on every dollar of revenue. On growth, HALOZYME THERAPEUTICS, INC. posted the faster year-over-year revenue change (51.6% vs -6.1%). HALOZYME THERAPEUTICS, INC. produced more free cash flow last quarter ($217.6M vs $149.7M). Over the past eight quarters, HALOZYME THERAPEUTICS, INC.'s revenue compounded faster (51.9% CAGR vs -1.8%).
Halozyme Therapeutics, Inc. is an American biotechnology company. It develops oncology therapies designed to target the tumor microenvironment.
WillScot Holdings Corp is a leading provider of modular space solutions and portable storage services across North America. It serves a wide range of sectors including construction, commercial development, education, healthcare, government projects, and special events, offering flexible, scalable temporary and semi-permanent space solutions tailored to diverse client needs.
HALO vs WSC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $451.8M | $566.0M |
| Net Profit | $-141.6M | $-187.3M |
| Gross Margin | 82.6% | 50.4% |
| Operating Margin | -20.6% | -32.5% |
| Net Margin | -31.3% | -33.1% |
| Revenue YoY | 51.6% | -6.1% |
| Net Profit YoY | -203.3% | -310.0% |
| EPS (diluted) | $-1.13 | $-1.02 |
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.
| Q4 25 | $451.8M | $566.0M | ||
| Q3 25 | $354.3M | $566.8M | ||
| Q2 25 | $325.7M | $589.1M | ||
| Q1 25 | $264.9M | $559.6M | ||
| Q4 24 | $298.0M | $602.5M | ||
| Q3 24 | $290.1M | $601.4M | ||
| Q2 24 | $231.4M | $604.6M | ||
| Q1 24 | $195.9M | $587.2M |
| Q4 25 | $-141.6M | $-187.3M | ||
| Q3 25 | $175.2M | $43.3M | ||
| Q2 25 | $165.2M | $47.9M | ||
| Q1 25 | $118.1M | $43.1M | ||
| Q4 24 | $137.0M | $89.2M | ||
| Q3 24 | $137.0M | $-70.5M | ||
| Q2 24 | $93.2M | $-46.9M | ||
| Q1 24 | $76.8M | $56.2M |
| Q4 25 | 82.6% | 50.4% | ||
| Q3 25 | 84.4% | 49.7% | ||
| Q2 25 | 85.8% | 50.3% | ||
| Q1 25 | 81.7% | 53.7% | ||
| Q4 24 | 85.9% | 55.8% | ||
| Q3 24 | 83.0% | 53.5% | ||
| Q2 24 | 82.9% | 54.1% | ||
| Q1 24 | 85.5% | 54.0% |
| Q4 25 | -20.6% | -32.5% | ||
| Q3 25 | 61.5% | 21.0% | ||
| Q2 25 | 62.2% | 21.5% | ||
| Q1 25 | 53.4% | 21.3% | ||
| Q4 24 | 58.9% | 28.9% | ||
| Q3 24 | 56.3% | -5.9% | ||
| Q2 24 | 50.7% | -0.9% | ||
| Q1 24 | 48.8% | 22.1% |
| Q4 25 | -31.3% | -33.1% | ||
| Q3 25 | 49.5% | 7.6% | ||
| Q2 25 | 50.7% | 8.1% | ||
| Q1 25 | 44.6% | 7.7% | ||
| Q4 24 | 46.0% | 14.8% | ||
| Q3 24 | 47.2% | -11.7% | ||
| Q2 24 | 40.3% | -7.7% | ||
| Q1 24 | 39.2% | 9.6% |
| Q4 25 | $-1.13 | $-1.02 | ||
| Q3 25 | $1.43 | $0.24 | ||
| Q2 25 | $1.33 | $0.26 | ||
| Q1 25 | $0.93 | $0.23 | ||
| Q4 24 | $1.06 | $0.48 | ||
| Q3 24 | $1.05 | $-0.37 | ||
| Q2 24 | $0.72 | $-0.25 | ||
| Q1 24 | $0.60 | $0.29 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $133.8M | $14.6M |
| Total DebtLower is stronger | $2.1B | $3.6B |
| Stockholders' EquityBook value | $48.8M | $856.3M |
| Total Assets | $2.5B | $5.8B |
| Debt / EquityLower = less leverage | 43.89× | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $133.8M | $14.6M | ||
| Q3 25 | $419.7M | $14.8M | ||
| Q2 25 | $61.9M | $12.8M | ||
| Q1 25 | $176.3M | $10.7M | ||
| Q4 24 | $115.8M | $9.0M | ||
| Q3 24 | $154.3M | $11.0M | ||
| Q2 24 | $187.9M | $5.9M | ||
| Q1 24 | $164.6M | $13.1M |
| Q4 25 | $2.1B | $3.6B | ||
| Q3 25 | $1.5B | $3.6B | ||
| Q2 25 | $1.5B | $3.7B | ||
| Q1 25 | $1.5B | $3.6B | ||
| Q4 24 | $1.5B | $3.7B | ||
| Q3 24 | $1.5B | $3.6B | ||
| Q2 24 | $1.5B | $3.5B | ||
| Q1 24 | $1.5B | $3.5B |
| Q4 25 | $48.8M | $856.3M | ||
| Q3 25 | $503.9M | $1.1B | ||
| Q2 25 | $332.7M | $1.0B | ||
| Q1 25 | $482.3M | $1.0B | ||
| Q4 24 | $363.8M | $1.0B | ||
| Q3 24 | $452.7M | $1.1B | ||
| Q2 24 | $289.4M | $1.2B | ||
| Q1 24 | $177.8M | $1.3B |
| Q4 25 | $2.5B | $5.8B | ||
| Q3 25 | $2.2B | $6.1B | ||
| Q2 25 | $2.1B | $6.1B | ||
| Q1 25 | $2.2B | $6.0B | ||
| Q4 24 | $2.1B | $6.0B | ||
| Q3 24 | $2.1B | $6.0B | ||
| Q2 24 | $2.0B | $6.0B | ||
| Q1 24 | $1.8B | $6.2B |
| Q4 25 | 43.89× | 4.15× | ||
| Q3 25 | 3.00× | 3.39× | ||
| Q2 25 | 4.54× | 3.55× | ||
| Q1 25 | 3.13× | 3.56× | ||
| Q4 24 | 4.14× | 3.62× | ||
| Q3 24 | 3.32× | 3.42× | ||
| Q2 24 | 5.19× | 2.88× | ||
| Q1 24 | 8.44× | 2.63× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $219.0M | $158.9M |
| Free Cash FlowOCF − Capex | $217.6M | $149.7M |
| FCF MarginFCF / Revenue | 48.2% | 26.5% |
| Capex IntensityCapex / Revenue | 0.3% | 1.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $644.6M | $737.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $219.0M | $158.9M | ||
| Q3 25 | $178.6M | $191.2M | ||
| Q2 25 | $99.7M | $205.3M | ||
| Q1 25 | $154.2M | $206.6M | ||
| Q4 24 | $178.5M | $178.9M | ||
| Q3 24 | $115.4M | $-1.6M | ||
| Q2 24 | $55.8M | $175.6M | ||
| Q1 24 | $129.4M | $208.7M |
| Q4 25 | $217.6M | $149.7M | ||
| Q3 25 | $175.6M | $186.9M | ||
| Q2 25 | $98.1M | $199.0M | ||
| Q1 25 | $153.3M | $202.0M | ||
| Q4 24 | $175.4M | $176.6M | ||
| Q3 24 | $113.9M | $-4.9M | ||
| Q2 24 | $53.2M | $169.4M | ||
| Q1 24 | $125.9M | $202.1M |
| Q4 25 | 48.2% | 26.5% | ||
| Q3 25 | 49.6% | 33.0% | ||
| Q2 25 | 30.1% | 33.8% | ||
| Q1 25 | 57.9% | 36.1% | ||
| Q4 24 | 58.9% | 29.3% | ||
| Q3 24 | 39.3% | -0.8% | ||
| Q2 24 | 23.0% | 28.0% | ||
| Q1 24 | 64.3% | 34.4% |
| Q4 25 | 0.3% | 1.6% | ||
| Q3 25 | 0.9% | 0.7% | ||
| Q2 25 | 0.5% | 1.1% | ||
| Q1 25 | 0.4% | 0.8% | ||
| Q4 24 | 1.0% | 0.4% | ||
| Q3 24 | 0.5% | 0.6% | ||
| Q2 24 | 1.1% | 1.0% | ||
| Q1 24 | 1.8% | 1.1% |
| Q4 25 | — | — | ||
| Q3 25 | 1.02× | 4.41× | ||
| Q2 25 | 0.60× | 4.28× | ||
| Q1 25 | 1.31× | 4.80× | ||
| Q4 24 | 1.30× | 2.01× | ||
| Q3 24 | 0.84× | — | ||
| Q2 24 | 0.60× | — | ||
| Q1 24 | 1.68× | 3.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HALO
| Royalty | $258.0M | 57% |
| Products | $122.7M | 27% |
| Proprietary Products Sales | $59.6M | 13% |
| Device Partnered Products | $12.9M | 3% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
