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Ligand Pharmaceuticals Incorporated

$284.47 +$94.36 (+49.63%)
NASDAQ · 11 Sep 2026 20:00 UTC
Previous Close
$289.25
Day Range
$283.77$293.98
Year Range
$161.82$326.63
Market Cap
5.7B
AVG Volume
313.23K
Trailing/Forward PE
28.42/23.48
PEG ratio
0.95
Dividend Yield
-
Next Earnings Date
2026-11-05
Primary Exchange
NASDAQUS
Revenue (USD) · TTM
0100M200M300M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
LGND Revenue (USD) · TTM by quarter
PeriodRevenue (USD) · TTM
26 Q2290.54M
26 Q1274.48M
25 Q4268.09M
25 Q3251.23M
25 Q2187.58M
25 Q1181.49M
24 Q4167.13M
24 Q3152.42M
24 Q2133.48M
24 Q1118.31M
Net Income (USD) · TTM
-200M-100M0100M200M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
LGND Net Income (USD) · TTM by quarter
PeriodNet Income (USD) · TTM
26 Q2197.22M
26 Q1153.56M
25 Q4124.45M
25 Q348.58M
25 Q2-75.86M
25 Q1-132.62M
24 Q4-4.03M
24 Q345.24M
24 Q242.14M
24 Q196.34M
Operating Income (USD) · TTM
-100M-50M050M100M150M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
LGND Operating Income (USD) · TTM by quarter
PeriodOperating Income (USD) · TTM
26 Q2100.93M
26 Q1100.78M
25 Q447.2M
25 Q317.52M
25 Q2-34.27M
25 Q1-61.81M
24 Q4-22.61M
24 Q3-16.33M
24 Q2-16.39M
24 Q1725K
EBITDA (USD) · TTM
-200M-100M0100M200M300M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
LGND EBITDA (USD) · TTM by quarter
PeriodEBITDA (USD) · TTM
26 Q2273.74M
26 Q1222.24M
25 Q4195.99M
25 Q399.9M
25 Q2-45.94M
25 Q1-122.11M
24 Q440.79M
24 Q396.63M
24 Q289.7M
24 Q1157.92M
Cash Flows (USD) · TTM
050M100M150M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
LGND Cash Flows (USD) · TTM by quarter
PeriodCash Flows (USD) · TTM
26 Q2131.37M
26 Q1122.96M
25 Q448.76M
25 Q330.69M
25 Q239.9M
25 Q135.49M
24 Q479.81M
24 Q358.75M
24 Q243.62M
24 Q132.16M
EPS (USD) · TTM
-10-5051024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
LGND EPS (USD) · TTM by quarter
PeriodEPS (USD) · TTM
26 Q29.35
26 Q17.37
25 Q45.83
25 Q32.07
25 Q2-4
25 Q1-7.12
24 Q4-0.16
24 Q32.51
24 Q22.16
24 Q15.17
Expenses (USD) · TTM
050M100M150M200MR&DSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
LGND Expenses (USD) · TTM by quarter
PeriodExpenses (USD) · TTM
26 Q2145.06M
26 Q1128.19M
25 Q4174.08M
25 Q3176.28M
25 Q2171.19M
25 Q1169.35M
24 Q4117.28M
24 Q3108.43M
24 Q284.72M
24 Q177.94M
Shares Outstanding (USD) · TTM
-100M-50M050M100MBuybacks (Repurchases)Stock-Based Compensation24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
LGND Shares Outstanding (USD) · TTM by quarter
PeriodShares Outstanding (USD) · TTM
26 Q221.73M
26 Q1-24.61M
25 Q4-14.02M
25 Q3-7.27M
25 Q2-33.76M
25 Q1-44.81M
24 Q4-52.15M
24 Q3-44.62M
24 Q2-25.18M
24 Q1-21.32M
Dividends (USD)
02.557.510Apr 07Jul 10
LGND Dividends (USD) by quarter
PeriodDividends (USD)
Jul 100.46
Apr 079.36
Employee Count
0501001502002016201720182019202020212022202320242025
LGND Employee Count by quarter
PeriodEmployee Count
202547
202468
202358
202276
2021154
2020155
2019115
2018116
201739
201622
PE Ratio
020406080100med 40.13Apr 24Jul 24Nov 24Feb 25Feb 26May 26Sep 26
LGND PE Ratio by quarter
PeriodPE Ratio
Sep 2628.94
Sep 2629.05
Aug 2628.53
Aug 2629.12
Aug 2629.97
Aug 2629.82
Jul 2637.23
Jul 2638.91
Jul 2639.28
Jul 2640.95
Jul 2641.38
Jun 2639.31
Jun 2635.59
Jun 2633.09
Jun 2630.69
May 2630.03
May 2629.69
May 2627.61
May 2628.67
May 2636.05
Apr 2636.66
Apr 2636.74
Apr 2632.48
Apr 2631.64
Mar 2630.98
Mar 2632.46
Mar 2632.16
Mar 2632
Feb 2631.43
Feb 2673.34
Feb 2673.28
Feb 2675.92
Jan 2676.58
Jan 2680.19
Jan 2676.93
Jan 2682.38
Jan 2675.79
Dec 2578.07
Dec 2579.86
Dec 2575.56
Dec 2573.7
Nov 2581
Nov 2579.42
Nov 2580.07
Nov 2580.72
Feb 2549.13
Feb 2548.85
Feb 2546.89
Jan 2547.45
Jan 2546.83
Jan 2545.55
Jan 2543.27
Jan 2545.01
Dec 2444.45
Dec 2446.67
Dec 2447.59
Dec 2450.82
Nov 2449.45
Nov 2448.52
Nov 2445.48
Nov 2449.36
Nov 2447.07
Oct 2447.83
Oct 2445.51
Oct 2444.04
Oct 2444.82
Sep 2441.65
Sep 2443.98
Sep 2444.82
Sep 2443.27
Aug 2445.26
Aug 2444.41
Aug 2443.72
Aug 2442.85
Aug 2418.44
Jul 2419.72
Jul 2418.36
Jul 2418.3
Jul 2415.53
Jun 2415.51
Jun 2414.61
Jun 2414.73
Jun 2414.97
May 2415.65
May 2415.9
May 2415.84
May 2416.06
May 2424.75
Apr 2423.63
Apr 2424.27
Apr 2427.25
Apr 2426.11
Mar 2424.48
Mar 2423.78
Mar 2423.81
Mar 2424.71
Mar 2426.36
Feb 2480.01
Feb 2477.68
Feb 2480.02
Free Cash Flow Yield
0%1%2%3%4%5%med 1.79%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
LGND Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 262.3%
Sep 262.29%
Aug 262.33%
Aug 262.29%
Aug 262.22%
Aug 262.23%
Jul 262.15%
Jul 262.06%
Jul 262.04%
Jul 261.96%
Jul 261.94%
Jun 262.04%
Jun 262.25%
Jun 262.42%
Jun 262.61%
May 262.67%
May 262.7%
May 262.9%
May 262.79%
May 261.09%
Apr 261.07%
Apr 261.07%
Apr 261.21%
Apr 261.24%
Mar 261.26%
Mar 261.21%
Mar 261.22%
Mar 261.22%
Feb 261.25%
Feb 260.86%
Feb 260.86%
Feb 260.83%
Jan 260.82%
Jan 260.79%
Jan 260.82%
Jan 260.77%
Jan 260.83%
Dec 250.81%
Dec 250.79%
Dec 250.84%
Dec 250.86%
Nov 250.78%
Nov 250.8%
Nov 250.79%
Nov 250.78%
Oct 251.08%
Oct 251.1%
Oct 251.14%
Oct 251.16%
Oct 251.14%
Sep 251.22%
Sep 251.24%
Sep 251.25%
Sep 251.24%
Aug 251.28%
Aug 251.3%
Aug 251.37%
Aug 251.38%
Aug 251.39%
Jul 251.36%
Jul 251.33%
Jul 251.52%
Jul 251.61%
Jun 251.62%
Jun 251.62%
Jun 251.64%
Jun 251.74%
May 251.81%
May 251.82%
May 251.77%
May 251.77%
May 253.85%
Apr 253.89%
Apr 254.01%
Apr 254.03%
Apr 254.22%
Mar 253.91%
Mar 253.89%
Mar 253.96%
Mar 253.66%
Feb 253.44%
Feb 252.64%
Feb 252.66%
Feb 252.77%
Jan 252.74%
Jan 252.77%
Jan 252.85%
Jan 253%
Jan 252.88%
Dec 242.92%
Dec 242.78%
Dec 242.73%
Dec 242.56%
Nov 242.63%
Nov 242.68%
Nov 242.86%
Nov 242.63%
Nov 242.2%
Oct 242.16%
Oct 242.27%
Price to Sales
10152025med 14.86Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
LGND Price to Sales by quarter
PeriodPrice to Sales
Sep 2619.64
Sep 2619.72
Aug 2619.37
Aug 2619.77
Aug 2620.34
Aug 2620.24
Jul 2620.83
Jul 2621.77
Jul 2621.98
Jul 2622.91
Jul 2623.15
Jun 2621.99
Jun 2619.91
Jun 2618.51
Jun 2617.17
May 2616.8
May 2616.61
May 2615.44
May 2616.04
May 2616.74
Apr 2617.02
Apr 2617.06
Apr 2615.08
Apr 2614.69
Mar 2614.38
Mar 2615.07
Mar 2614.93
Mar 2614.86
Feb 2614.59
Feb 2614.18
Feb 2614.17
Feb 2614.68
Jan 2614.81
Jan 2615.51
Jan 2614.88
Jan 2615.93
Jan 2614.66
Dec 2515.1
Dec 2515.44
Dec 2514.61
Dec 2514.25
Nov 2515.66
Nov 2515.36
Nov 2515.48
Nov 2515.61
Oct 2519.71
Oct 2519.26
Oct 2518.72
Oct 2518.31
Oct 2518.65
Sep 2517.49
Sep 2517.16
Sep 2517.08
Sep 2517.18
Aug 2516.66
Aug 2516.39
Aug 2515.57
Aug 2515.46
Aug 2514.03
Jul 2514.36
Jul 2514.71
Jul 2512.87
Jul 2512.12
Jun 2512.07
Jun 2512.06
Jun 2511.9
Jun 2511.21
May 2510.81
May 2510.74
May 2511.05
May 2511.05
May 2512.42
Apr 2512.27
Apr 2511.92
Apr 2511.84
Apr 2511.3
Mar 2512.22
Mar 2512.28
Mar 2512.06
Mar 2513.04
Feb 2513.88
Feb 2514.58
Feb 2514.5
Feb 2513.92
Jan 2514.08
Jan 2513.9
Jan 2513.52
Jan 2512.84
Jan 2513.36
Dec 2413.19
Dec 2413.85
Dec 2414.13
Dec 2415.08
Nov 2414.68
Nov 2414.4
Nov 2413.5
Nov 2414.65
Nov 2414.86
Oct 2415.1
Oct 2414.37
EV/EBITDA
0204060med 20.02Jun 24Oct 24Jan 25May 25Feb 26May 26Sep 26
LGND EV/EBITDA by quarter
PeriodEV/EBITDA
Sep 2620.02
Sep 2620.11
Aug 2619.73
Aug 2620.16
Aug 2620.77
Aug 2620.66
Jul 2624.25
Jul 2625.41
Jul 2625.67
Jul 2626.82
Jul 2627.12
Jun 2625.69
Jun 2623.12
Jun 2621.39
Jun 2619.73
May 2619.28
May 2619.04
May 2617.6
May 2618.34
May 2621.45
Apr 2621.84
Apr 2621.89
Apr 2619.19
Apr 2618.65
Mar 2618.24
Mar 2619.17
Mar 2618.98
Mar 2618.88
Feb 2618.52
Feb 2633.53
Feb 2633.5
Feb 2634.78
Jan 2635.1
Jan 2636.86
Jan 2635.27
Jan 2637.93
Jan 2634.72
Dec 2535.83
Dec 2536.7
Dec 2534.61
Dec 2533.7
Nov 2537.25
Nov 2536.49
Nov 2536.8
Nov 2537.12
May 2544.78
Apr 2544.16
Apr 2542.72
Apr 2542.4
Apr 2540.21
Mar 2543.95
Mar 2544.2
Mar 2543.29
Mar 2547.31
Feb 2550.75
Feb 2520.8
Feb 2520.68
Feb 2519.76
Jan 2520.02
Jan 2519.73
Jan 2519.13
Jan 2518.06
Jan 2518.88
Dec 2418.62
Dec 2419.66
Dec 2420.09
Dec 2421.6
Nov 2420.96
Nov 2420.52
Nov 2419.1
Nov 2420.92
Nov 2419.67
Oct 2420.03
Oct 2418.94
Oct 2418.24
Oct 2418.61
Sep 2417.12
Sep 2418.22
Sep 2418.61
Sep 2417.88
Aug 2418.82
Aug 2418.42
Aug 2418.1
Aug 2417.68
Aug 249.32
Jul 2410.1
Jul 249.27
Jul 249.23
Jul 247.55
Jun 247.53
Jun 246.99
Jun 247.06
Jun 247.21
May 247.62
May 247.77
May 247.74
May 247.87
May 2411.16
Apr 2410.59
Apr 2410.92
Price/Operating Cashflow
050100150med 44.48Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
LGND Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Sep 2643.35
Sep 2643.53
Aug 2642.75
Aug 2643.63
Aug 2644.9
Aug 2644.68
Jul 2646.32
Jul 2648.41
Jul 2648.88
Jul 2650.95
Jul 2651.48
Jun 2648.91
Jun 2644.28
Jun 2641.17
Jun 2638.18
May 2637.37
May 2636.94
May 2634.35
May 2635.67
May 2691.16
Apr 2692.7
Apr 2692.92
Apr 2682.13
Apr 2680
Mar 2678.35
Mar 2682.09
Mar 2681.33
Mar 2680.92
Feb 2679.49
Feb 26111.9
Feb 26111.81
Feb 26115.83
Jan 26116.84
Jan 26122.34
Jan 26117.37
Jan 26125.69
Jan 26115.63
Dec 25119.11
Dec 25121.85
Dec 25115.29
Dec 25112.44
Nov 25123.58
Nov 25121.18
Nov 25122.17
Nov 25123.15
Oct 2566.88
Oct 2565.37
Oct 2563.51
Oct 2562.14
Oct 2563.28
Sep 2559.34
Sep 2558.21
Sep 2557.95
Sep 2558.3
Aug 2556.54
Aug 2555.62
Aug 2552.82
Aug 2552.46
Aug 2548.24
Jul 2549.37
Jul 2550.56
Jul 2544.23
Jul 2541.65
Jun 2541.49
Jun 2541.46
Jun 2540.89
Jun 2538.52
May 2537.14
May 2536.93
May 2538
May 2537.98
May 2521.4
Apr 2521.14
Apr 2520.53
Apr 2520.39
Apr 2519.48
Mar 2521.05
Mar 2521.15
Mar 2520.77
Mar 2522.46
Feb 2523.91
Feb 2529.38
Feb 2529.22
Feb 2528.05
Jan 2528.38
Jan 2528.01
Jan 2527.24
Jan 2525.88
Jan 2526.92
Dec 2426.58
Dec 2427.91
Dec 2428.46
Dec 2430.39
Nov 2429.57
Nov 2429.02
Nov 2427.2
Nov 2429.52
Nov 2442.42
Oct 2443.1
Oct 2441.01
Price to Book
2468med 3.82Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
LGND Price to Book by quarter
PeriodPrice to Book
Sep 265.9
Sep 265.92
Aug 265.82
Aug 265.94
Aug 266.11
Aug 266.08
Jul 265.73
Jul 265.99
Jul 266.05
Jul 266.3
Jul 266.37
Jun 266.05
Jun 265.48
Jun 265.09
Jun 264.72
May 264.62
May 264.57
May 264.25
May 264.41
May 264.41
Apr 264.48
Apr 264.5
Apr 263.97
Apr 263.87
Mar 263.79
Mar 263.97
Mar 263.93
Mar 263.92
Feb 263.85
Feb 263.75
Feb 263.75
Feb 263.88
Jan 263.92
Jan 264.1
Jan 263.93
Jan 264.21
Jan 263.87
Dec 253.99
Dec 254.08
Dec 253.86
Dec 253.77
Nov 254.14
Nov 254.06
Nov 254.09
Nov 254.13
Oct 254.46
Oct 254.36
Oct 254.24
Oct 254.15
Oct 254.22
Sep 253.96
Sep 253.88
Sep 253.87
Sep 253.89
Aug 253.77
Aug 253.71
Aug 253.52
Aug 253.5
Aug 253.2
Jul 253.28
Jul 253.36
Jul 252.94
Jul 252.76
Jun 252.75
Jun 252.75
Jun 252.71
Jun 252.56
May 252.47
May 252.45
May 252.52
May 252.52
May 252.5
Apr 252.47
Apr 252.4
Apr 252.38
Apr 252.27
Mar 252.46
Mar 252.47
Mar 252.43
Mar 252.62
Feb 252.79
Feb 252.64
Feb 252.63
Feb 252.52
Jan 252.55
Jan 252.52
Jan 252.45
Jan 252.33
Jan 252.42
Dec 242.39
Dec 242.51
Dec 242.56
Dec 242.73
Nov 242.66
Nov 242.61
Nov 242.45
Nov 242.65
Nov 242.56
Oct 242.6
Oct 242.47
Ligand Pharmaceuticals Incorporated
LGND
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News: LGND

Ligand Pharmaceuticals Highlights XOMA-Fueled Royalty Growth, $700M in Deployable Capital

marketbeat.com · 26 Aug 2026

Ligand Pharmaceuticals Highlights XOMA-Fueled Royalty Growth, $700M in Deployable Capital

Ligand Pharmaceuticals NASDAQ: LGND outlined its royalty-focused growth strategy, recent XOMA acquisition and portfolio catalysts during a company presentation, highlighting a larger commercial-stage asset base and planned investment capacity.

Ligand to Participate in September Investor Conferences

globenewswire.com · 26 Aug 2026

Ligand to Participate in September Investor Conferences

JUPITER, Fla., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced its senior management team will participate in the following upcoming investor conferences: Wells Fargo Healthcare Conference 2026 (Boston): Management will participate in a fireside chat at 12:45 p.m.

Handelsbanken Fonder AB Raises Stake in Ligand Pharmaceuticals Incorporated $LGND

defenseworld.net · 16 Aug 2026

Handelsbanken Fonder AB Raises Stake in Ligand Pharmaceuticals Incorporated $LGND

Handelsbanken Fonder AB boosted its stake in Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) by 22.5% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,358 shares of the biotechnology company's stock after purchasing an additional 1,900 shares during the quarter.

Ligand Pharmaceuticals Q2 Earnings Call Highlights

marketbeat.com · 6 Aug 2026

Ligand Pharmaceuticals Q2 Earnings Call Highlights

Ligand Pharmaceuticals NASDAQ: LGND reported second-quarter 2026 results marked by higher royalty revenue and adjusted earnings, while highlighting the post-quarter close of its XOMA Royalty acquisition and a $700 million zero-coupon convertible-note offering.

Ligand Pharmaceuticals Incorporated (LGND) Q2 2026 Earnings Call Transcript

seekingalpha.com · 6 Aug 2026

Ligand Pharmaceuticals Incorporated (LGND) Q2 2026 Earnings Call Transcript

Ligand Pharmaceuticals Incorporated (LGND) Q2 2026 Earnings Call Transcript

Ligand Pharmaceuticals Incorporated $LGND Shares Sold by Arrowstreet Capital Limited Partnership

defenseworld.net · 5 Aug 2026

Ligand Pharmaceuticals Incorporated $LGND Shares Sold by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership reduced its position in Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) by 27.3% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,564 shares of the biotechnology company's stock after selling 5,472 shares during the period.

Ashford Capital Management Inc. Has $41.44 Million Holdings in Ligand Pharmaceuticals Incorporated $LGND

defenseworld.net · 28 Jul 2026

Ashford Capital Management Inc. Has $41.44 Million Holdings in Ligand Pharmaceuticals Incorporated $LGND

Ashford Capital Management Inc. reduced its position in shares of Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) by 2.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 207,565 shares of the biotechnology company's stock after selling 6,213 shares during the quarter. Ligand Pharmaceuticals makes

Ligand to Report Second Quarter 2026 Financial Results on August 6, 2026

globenewswire.com · 23 Jul 2026

Ligand to Report Second Quarter 2026 Financial Results on August 6, 2026

JUPITER, Fla., July 23, 2026 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today announced that it will report second quarter 2026 financial results on Thursday, August 6, 2026.

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