LGND
LGND
NASDAQ · Pharmaceuticals

Ligand Pharmaceuticals

$313.58
+7.38 (+2.41%)
Financial Highlights (FY 2026)
Revenue
258.03M
Net Income
119.78M
Gross Margin
74.8%
Profit Margin
46.4%
Rev Growth
+11.0%
D/E Ratio
0.44
Revenue & Net Income
Margin Trends
FY 2026 FY 2025 FY 2024 FY 2023
Gross Margin 74.8% 74.8% 55.6% 55.6%
Operating Margin 15.3% 13.8% 24.0% 26.4%
Profit Margin 46.4% 44.1% 27.4% 27.5%
Income Statement
FY 2026 FY 2025 FY 2024 FY 2023
Revenue 258.03M 232.52M 944.72M 909.17M
Gross Profit 192.95M 173.88M 525.52M 505.75M
Operating Income 39.45M 32.00M 226.35M 240.08M
Net Income 119.78M 97.15M 258.92M 249.74M
Gross Margin 74.8% 74.8% 55.6% 55.6%
Operating Margin 15.3% 13.8% 24.0% 26.4%
Profit Margin 46.4% 44.1% 27.4% 27.5%
Rev Growth +11.0% +11.0% +8.5% +8.2%
Balance Sheet
FY 2026 FY 2025 FY 2024 FY 2023
Total Debt 911.87M 911.87M 257.30M 195.72M
Total Equity 2.08B 2.08B 1.39B 1.23B
D/E Ratio 0.44 0.44 0.19 0.16
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA 70.94M 60.73M 346.84M 320.13M
Free Cash Flow — — 167.31M 167.23M