Halozyme Therapeutics Inc (HALO)

Gross profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Gross profit (ttm) US$ in thousands 820,382 742,170 662,722 659,706 636,892 598,527 598,974 546,428 520,812 461,852 397,436 392,451 361,897 376,912 339,419 275,463 224,227 165,774 129,923 117,713
Revenue (ttm) US$ in thousands 1,015,324 947,355 873,304 862,989 829,253 780,710 773,653 704,980 660,116 580,623 487,477 471,567 443,310 463,010 412,496 331,262 267,594 199,556 180,470 164,397
Gross profit margin 80.80% 78.34% 75.89% 76.44% 76.80% 76.66% 77.42% 77.51% 78.90% 79.54% 81.53% 83.22% 81.64% 81.40% 82.28% 83.16% 83.79% 83.07% 71.99% 71.60%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $820,382K ÷ $1,015,324K
= 80.80%

The gross profit margin of Halozyme Therapeutics Inc has displayed some fluctuations over the periods provided. The margin started at a high of 71.60% in March 2020, steadily increasing to reach 83.79% by December 2020. However, following this peak, there was a slight decline in the margin over the subsequent quarters until it reached 76.44% by March 2024. Notably, the margin experienced ups and downs within this period, hitting a low of 75.89% in June 2024 but recovering to 80.80% by December 2024.

Overall, the trend indicates that Halozyme Therapeutics Inc has maintained a relatively healthy gross profit margin, demonstrating the ability to generate profits after accounting for the cost of goods sold. The fluctuations observed may be influenced by factors such as changes in pricing strategies, input costs, or sales volume, which could impact the company's profitability. Further analysis of the company's operational efficiency and cost management practices could provide additional insights into the drivers behind these variations in the gross profit margin.