LGND — LIGAND PHARMACEUTICALS INC

Nasdaq · Health Care · Pharmaceuticals · CIK 886163 ·
Last close
$280.18
Market Cap
$5.59B
52W High
$326.63
52W Low
$222.76
ADV30
279,778
Next earnings
2026-11-05
Ligand Pharmaceuticals Incorporated, a biopharmaceutical company, develops and licenses biopharmaceutical assets worldwide. It offers Pradefovir, Posaconazole, Voriconazole, CAPVAXIVE, NOXAFIL, MenFive, and ZELSUVMI for infectious disease; EVOMELA and KYPROLIS for multiple myeloma; FILSPARI for the treatment of immunoglobulin a nephropathy; PNEUMOSIL, a pneumococcal conjugate vaccine to help fight against pneumococcal pneumonia in children; and QARZIBA to treat neuroblastoma. The company also provides Teriparatide injection product for osteoporosis; RYLAZE, a recombinant erwinia asparaginase for acute lymphoblastic leukemia or lymphoblastic lymphoma in adult and pediatric patients; TZIELD, a CD3-directed antibody indicated to delay the onset of Stage 3 type 1 diabetes in adults and children aged 8 years and older with Stage 2 T1D; and VAXNEUVANCE for the prevention of invasive disease caused by streptococcus pneumoniae serotypes. In addition, it offers Duavee for menopause; Frovatriptan to treat Neurology; FYCOMPA and SESQUIENT for CNS; MEKINIST for cardiology; Nexterone, a captisol-enabled formulation of amiodarone; VEKLURY, an antiviral treatment for COVID-19; and Viviant for osteoporosis. Further, the company develops ACLX-002, Ciforadenant, UGN-301, Viright, MB07133, BOT/BAL, and Lasofoxifene for oncology; Ensifentrine for respiratory disease; QTORIN for rare disease; Sparsentan for kidney disease; VK2809 for hepatology; ANEB-001 for acute cannabinoid intoxication; Reproxalap for opthamology; VK0214 for Rare Disease; and VK5211 for musculoskeletal disorder. The company was incorporated in 1987 and is based in Jupiter, Florida.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Jun 2026
Mar 2026 51,722,000 48,449,000 17,368,000 -13,345,000 1,532,105,000 115,077,000 534,783,000
Dec 2025 59,666,000 56,674,000 20,040,000 44,784,000 1,560,637,000 174,927,000 543,425,000
Sep 2025 115,461,000 111,660,000 54,098,000 117,273,000 1,476,772,000 139,376,000 526,601,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$123,495,000
Investing CF
$-476,563,000
Financing CF
$418,837,000
CapEx
$-9,507,000
Dividends Paid
Buybacks
$0
EPS Diluted TTM
$7.37
As of
2026-08-09

Balance + Analyst (yfinance extras)

Retained Earnings
$594,743,000
Inventory
$11,466,000
Receivables
$54,798,000
ST Investments
$676,479,000
EBIT TTM
$190,476,000
Pretax Income TTM
$184,881,000
Interest Exp TTM
$5,595,000
Analysts
10

Yahoo Snapshot (yfinance, live)

Total Revenue
$290,542,016
EBITDA
$133,011,000
Free Cash Flow
$139,748,880
Enterprise Value
$5,359,254,016
Total Cash
$1,357,757,952
Total Debt
$1,131,453,056
Shares Out
19,935,609
Trailing EPS
$9.49
Book Value
$48.57
ROE
22.0%
ROA
4.0%
Div Yield

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 268,087,000 47,199,000 124,453,000 1,560,637,000 543,425,000 49,359,000
Dec 2024 167,133,000 23,021,000 -4,032,000 941,774,000 111,335,000 97,047,000
Dec 2023 131,314,000 9,821,000 52,154,000 787,216,000 86,303,000 49,577,000
Dec 2022 196,245,000 3,037,000 -33,361,000 762,668,000 165,183,000 137,850,000

TTM Snapshot

Revenues TTM
$169,360,000
NetIncome TTM
$-34,890,000
OpCashFlow TTM
$0
Assets (Latest)
$941,774,000
Forward EPS
$11.93

Peers — same industry

TickerNameMarket CapLastDaily %
XENE Xenon Pharmaceuticals Inc. $5.86B $60.56
MIRM Mirum Pharmaceuticals, Inc. $5.90B $96.72
PTCT PTC THERAPEUTICS, INC. $5.93B $71.06
DNTH Dianthus Therapeutics, Inc. /DE/ $6.02B $110.07
TVTX Travere Therapeutics, Inc. $6.06B $65.22

News headlines (Yahoo Finance, 1h cache)

Breakout Watch: Savvy Investors Bet Millions On Royalty-Fueled Pharma Stock
2026-08-14 20:02 · Yahoo
Ligand Pharmaceuticals (LGND) Stock Trades Below Fair Value Following A 337% Run
2026-08-14 11:11 · Yahoo
Ligand Pharmaceuticals (LGND) Reaffirms 2026 Guidance, Is The Stock Fully Priced?
2026-08-13 21:09 · Yahoo
Ligand (LGND) Q2 2026 Earnings Call Transcript
2026-08-13 13:13 · Yahoo
Ligand Pharmaceuticals Inc (LGND) (Q2 2026) Earnings Call Highlights: Royalty Revenue Surges ...
2026-08-06 23:18 · Yahoo
Ligand Pharmaceuticals Incorporated Q2 2026 Earnings Call Summary
2026-08-06 22:40 · Yahoo
Ligand Pharmaceuticals Q2 Earnings Call Highlights
2026-08-06 21:03 · Yahoo
This Biotech Dealmaker — Tied To Merck, Travere — Is In A Profit-Taking Zone
2026-08-06 20:08 · Yahoo
Ligand Reports Second Quarter 2026 Financial Results
2026-08-06 11:00 · Yahoo
This Stock Of The Day Rides Big Pharma Royalties; It's Up 56% In 2026
2026-07-27 18:09 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.