Ligand Pharmaceuticals Incorporated

Ligand Pharmaceuticals Incorporated

LGNDยทNASDAQ

$234.40

+0.77%
HealthcareBiotechnology

Ligand Pharmaceuticals Incorporated, a biopharmaceutical company, focuses on developing or acquiring technologies that help pharmaceutical companies to discover and develop medicines worldwide. Its commercial programs include Kyprolis and Evomela, which are used to treat multiple myeloma; Veklury for the treatment of moderate or severe COVID-19; Teriparatide injection product for osteoporosis; Vaxneuvance for the prevention of invasive disease caused by Streptococcus pneumoniae; and Pneumosil, a pneumococcal conjugate vaccine to help fight against pneumococcal pneumonia among children. The company also offers Rylaze, a recombinant erwinia asparaginase for the treatment of acute lymphoblastic leukemia or lymphoblastic lymphoma in adult and pediatric patients; and Nexterone, a captisol-enabled formulation of amiodarone; and Zulresso, a captisol-enabled formulation of brexanolone for the treatment of postpartum depression. In addition, it provides Noxafil-IV, a captisol-enabled formulation of posaconazole for IV use; Duavee for the treatment of postmenopausal osteoporosis; Aziyo portfolio of commercial pericardial repair and CanGaroo envelope extracellular matrix products; Exemptia for autoimmune diseases; Vivitra for breast cancer; Bryxta and Zybev for various indications; and Minnebro for the treatment of hypertension. The company's partners and licenses programs, which are in clinical development used for the treatment of cancer, seizure, diabetes, cardiovascular disease, muscle wasting, liver and kidney disease, and other diseases. Further, it sells Captisol materials. The company was incorporated in 1987 and is headquartered in Emeryville, California.

At a Glance

Live Snapshot
Market Cap$4.70B
EPS6.4400
P/E Ratio36.40
Earnings Date08/06/2026
3Y+105.0%
5Y+15.0%
10Y+159.0%
3Y+229.0%
5Y-17.0%
10Y+136.0%
3Y+70.0%
5Y+43.0%
10Y+174.0%
lgnd

Ligand Pharmaceuticals Incorporated Funding & Solvency Profile

LGND ยท NASDAQ
Cash & Cash Equivalents174.93M
Net Receivables61.05M
Inventory9.13M
Other Current Assets28.58M
Total Current Assets832 M
Property, Plant & Equipment10.79M
Goodwill & Intangible Assets523.86M
Long-Term Investments183.58M
Other Non-Current Assets1.79M
Total Non-Current Assets196 M
Total Assets
1.56B

Financial Health Analysis

Current Ratio

22.23x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.53x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

795 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

53% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Ligand Pharmaceuticals Incorporated Balance Sheet

LGND โ€ข NASDAQ

Ligand Pharmaceuticals Incorporated Balance SheetDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
ASSETS
CURRENT ASSETS
174.9M
72.3M
23M
45M
19.5M
47.6M
71.5M
718.4M
201.7M
141M
200.2M
167.3M
16M
12.4M
7M
3.3M
16M
28.8M
76.8M
158.4M
558.6M
183.9M
147.4M
166.9M
321.6M
363.6M
998.3M
46.2M
0.0
0.0
0.0
0.0
0.0
0.0
10M
19.4M
37.2M
51.9M
17.6M
13.4M
733.5M
256.2M
170.3M
211.9M
341.1M
411.2M
1.1B
764.6M
201.7M
141M
200.2M
167.3M
16M
12.4M
17M
22.7M
53.2M
80.7M
94.4M
171.8M
61M
42.4M
39.3M
35M
91.6M
59.1M
41.7M
55.9M
25.6M
18.2M
11.7M
13.6M
6.7M
8.9M
12.4M
13.7M
10.4M
12.1M
14.3M
15.6M
59.6M
38.4M
32.9M
30.4M
85.5M
56.8M
30.4M
55.9M
25.1M
17.9M
11M
12.6M
2.2M
4.6M
6.1M
993K
618K
11M
0.0
11.5M
1.4M
4.1M
6.4M
4.6M
6.2M
2.2M
11.4M
0.0
497K
311K
731K
1M
4.5M
4.4M
6.3M
8M
10.3M
0.0
10.5M
4.1M
9.1M
14.1M
24M
13.3M
27.3M
26.5M
7.3M
7.1M
4.4M
1.9M
1.6M
269K
1.4M
1.7M
1.3M
-22.7M
-53.2M
1.1M
-10.5M
3.9M
0.0
1.9M
1.2M
1.1M
0.0
0.0
0.0
-48.8M
0.0
1.9M
1.2M
835K
786K
801K
1.2M
578K
0.0
1.1M
1.1M
1.4M
28.6M
16.9M
2.7M
2.3M
4.7M
3.8M
4.7M
89.2M
5.4M
0.0
0.0
4.1M
0.0
2K
237K
5.3M
4.5M
11K
5.1M
42.8M
832.3M
331.6M
237.4M
263.6M
464.8M
500.6M
1.1B
870.5M
237M
163.1M
215.6M
185.2M
24.9M
23.8M
32.2M
37M
68.2M
93.9M
109.9M
235.6M
NON-CURRENT ASSETS
10.8M
24.8M
25.1M
27.5M
32.6M
37.2M
17.6M
5.4M
4.2M
1.8M
372K
486K
867K
788K
455K
559K
8.5M
12.9M
2.9M
5.6M
101.5M
105.3M
103.4M
105.7M
105.7M
189.7M
95.2M
306.4M
314.5M
276.9M
60.6M
63M
65.3M
12.2M
14.9M
0.0
0.0
5.4M
0.0
0.0
422.3M
266.6M
299.6M
352.6M
386.8M
606.3M
230.5M
31.5M
19.5M
25.8M
8.6M
4.6M
4.6M
55.9M
57.4M
13M
2.5M
0.0
0.0
83.1M
523.9M
371.9M
403M
458.3M
492.5M
796M
325.8M
337.9M
334.1M
302.7M
69.1M
67.5M
69.9M
68.2M
72.3M
13M
2.5M
5.4M
0.0
83.1M
183.6M
10.9M
111.6M
3M
0.0
0.0
0.0
601.2M
6.4M
8.3M
29.7M
-257K
5.8M
8.2M
1.3M
1.3M
1.5M
0.0
0.0
0.0
8.3M
72K
214K
8.5M
35.7M
24.3M
25.6M
46.5M
84.4M
123.9M
216.6M
257K
1.6M
8K
237K
372K
25.1M
0.0
0.0
0.0
1.8M
202.5M
9.9M
1.7M
272M
4.3M
2.3M
-600.7M
4.9M
1.7M
2.6M
4.9M
1.6M
3.3M
15.8M
23.3M
8M
59.2M
60.5M
1.9M
728.4M
610.2M
549.8M
499.1M
832.8M
861.7M
371.3M
390.3M
434M
438.5M
318.4M
72.9M
79.8M
80.4M
90.1M
38.5M
45.5M
77.5M
63.3M
90.5M
1.6B
941.8M
787.2M
762.7M
1.3B
1.4B
1.5B
1.3B
671M
601.6M
533.9M
258M
104.7M
104.3M
122.4M
75.6M
113.7M
171.4M
173.3M
326.1M
LIABILITIES
CURRENT LIABILITIES
4.5M
11.6M
2.4M
5.3M
8.4M
3.8M
2.4M
4.2M
2.3M
2.7M
4.1M
8M
5.5M
7.4M
11.1M
8.6M
20.7M
14.6M
12.7M
12.3M
3.2M
5.2M
2.4M
5.3M
8.4M
3.8M
2.4M
4.2M
2.3M
2.7M
4.1M
7.7M
4M
5.9M
11.1M
8.6M
16.9M
14.6M
12.7M
12.3M
1.2M
6.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
257K
1.6M
1.6M
0.0
0.0
3.8M
0.0
0.0
0.0
6.4M
25.5M
7.2M
8.9M
8.6M
9M
3.6M
4M
7.4M
6.4M
1.7M
1.7M
1.9M
1.8M
1.8M
9.9M
10.5M
21.3M
24.3M
46.5M
1.1M
0.0
0.0
76.7M
0.0
0.0
0.0
26.4M
224.5M
212.9M
202M
334K
9.1M
14.8M
16.2M
8M
0.0
1.8M
1.5M
37.8M
0.0
1.3M
410K
715K
1.4M
8.5M
1.3M
0.0
3.1M
0.0
0.0
0.0
0.0
0.0
-6.2M
0.0
91K
1.8M
0.0
0.0
1.2M
1.2M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
28.1M
0.0
0.0
0.0
0.0
1.9M
1.8M
976K
654K
29.4M
2.1M
3.3M
173K
0.0
-934K
150K
116K
486K
1.2M
1.7M
6.7M
12.3M
2M
59.9M
25.5M
-3.2M
4.9M
6.3M
22.6M
49.4M
7.6M
44.3M
1.4M
5.1M
15M
12.6M
12.3M
10.9M
13.3M
5.3M
14.2M
18.7M
10.5M
14.3M
37.4M
37.1M
16.8M
98.8M
41.7M
100.1M
17M
82.2M
238.9M
227.1M
20.8M
22.8M
28.9M
35.4M
43.6M
35.6M
52.2M
70.6M
51M
170.8M
NON-CURRENT LIABILITIES
446.2M
0.0
0.0
0.0
320.7M
442.3M
639M
609.9M
18.9M
29.6M
205.4M
195.9M
0.0
13.4M
35.5M
22.9M
31M
47.5M
627K
0.0
0.0
0.0
15.1M
44K
0.0
0.0
0.0
-52M
3.5M
357K
0.0
2.1M
2.1M
2.4M
3.5M
2.5M
5.2M
16.8M
0.0
2.5M
52.6M
32.5M
31.6M
30.6M
30.9M
64.6M
32.9M
52M
-22.4M
-357K
0.0
2.8M
1.1M
725K
2.5M
372K
0.0
-16.8M
0.0
-2.5M
3M
35.9M
17M
25.4M
80.9M
40.1M
28.8M
7.8M
-8.9M
-26M
3.3M
10.1M
23M
25.8M
28.5M
21.2M
16.3M
21.4M
92.6M
125.7M
506M
74.2M
69.5M
66.4M
434.8M
552.6M
710.7M
617.6M
13.5M
3.6M
208.7M
210.8M
26.2M
42.3M
70.1M
46.9M
57.8M
111.2M
93.2M
127.9M
4.2M
7.1M
6.2M
11.1M
3.7M
14.1M
11.2M
0.0
0.0
0.0
934K
3.3M
5.9M
9M
8.4M
11.1M
91K
2.2M
627K
2.2M
543.4M
111.3M
86.3M
165.2M
476.4M
652.8M
727.7M
699.9M
252.4M
230.7M
229.5M
233.6M
55.1M
77.8M
113.7M
82.6M
110M
181.8M
144.2M
298.7M
SHAREHOLDERS' EQUITY
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-42.3M
-42.3M
-42.2M
-42.1M
-42.1M
-40.5M
-911K
20K
20K
18K
17K
17K
16K
17K
21K
21K
21K
20K
20K
21K
21K
21K
21K
123K
119K
101K
100K
400.6M
337.4M
198.7M
147.6M
373M
318.4M
367.3M
791.1M
798.2M
769.7M
661.9M
680.7M
718M
751.5M
732.7M
729.3M
726.8M
711.2M
651M
891.4M
608.1M
499M
503M
450.9M
449.1M
392M
400.1M
-229.2M
-400.9M
-431.1M
-402M
-659.3M
-671.3M
-682.8M
-681.8M
-691.9M
-681.6M
-679.6M
-581.5M
-862.8M
8.5M
-5.9M
-817K
-984K
-917K
-801K
-216K
-1M
2.5M
2.7M
4.9M
5M
2.9M
-4.9M
0.0
31K
513K
81K
9K
-481K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
18.9M
29.6M
67.1M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1B
830.4M
700.9M
597.5M
821.2M
709.5M
767.2M
560.9M
418.6M
370.9M
304.4M
26.3M
49.6M
26.5M
8.6M
-7M
3.7M
-10.4M
29.1M
27.4M
1B
830.4M
700.9M
597.5M
821.2M
709.5M
767.2M
560.9M
418.6M
370.9M
304.4M
24.4M
49.6M
26.5M
8.6M
-7M
3.7M
-10.4M
29.1M
27.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-1.9M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
SUMMARY
1.6B
941.8M
787.2M
762.7M
1.3B
1.4B
1.5B
1.3B
671M
601.6M
533.9M
258M
104.7M
104.3M
122.4M
75.6M
113.7M
171.4M
173.3M
326.1M
742.2M
194.8M
259M
169.9M
321.6M
363.6M
998.3M
647.4M
6.4M
8.3M
29.7M
-257K
5.8M
8.2M
11.3M
20.7M
38.7M
51.9M
17.6M
13.4M
451.5M
7.1M
6.2M
87.7M
324.4M
456.4M
650.2M
636.3M
224.5M
212.9M
205.4M
196.2M
9.1M
28.3M
51.7M
30.9M
40.9M
4M
2.2M
39.9M
276.6M
-65.2M
-16.8M
42.7M
304.9M
408.8M
578.6M
-82.1M
22.9M
71.9M
5.2M
28.9M
-6.9M
15.9M
44.7M
27.5M
24.8M
-24.7M
-74.7M
-118.5M
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720
19,681,720

SEC Filings

LGND - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 18, 2026
May 16, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

April 30, 2026
April 24, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 27, 2026
2026
DEF 14A

DEF 14A 2025

N/A

April 21, 2026
December 31, 2025
2025
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
8-K

8-K 2025

N/A

December 18, 2025
December 18, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 07, 2025
September 30, 2025
2025
Showing 1 to 10 of 661 filings