What is Ligand Pharmaceuticals's capex?

Ligand Pharmaceuticals (LGND) reported capex of $228K in Q1 2026.

How has Ligand Pharmaceuticals's capex changed year-over-year?

Ligand Pharmaceuticals's capex increased by 6.5% year-over-year, from $214K to $228K.

What is the long-term trend for Ligand Pharmaceuticals's capex?

Over 4 years (2021 to 2025), Ligand Pharmaceuticals's capex has grown at a -52.3% compound annual growth rate (CAGR), from $8.76M to $452K.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Ligand Pharmaceuticals LGND CapEx

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Other financials

Income statement

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Revenue$51.7M+14.1%

Operating income$17.4M+148%

Net income-$13.3M+68.6%

EPS (diluted)-$0.67+69.7%

Balance sheet

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Cash & equivalents$115.1M+140%

Total debt$5.1M+14.2%

Total equity$997.3M+25.4%

Total assets$1.5B+69.2%

Cash flow

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Operating cash flow$48.7M+291%

Free cash flow$48.5M+289%

Valuation

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Market cap$5.51B+96.7%

Profitability

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Gross margin91.9%—

Operating margin34.5%+23.0pp

Net margin55.9%+35.7pp

FCF margin44.8%+16.8pp

Returns & leverage

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Return on equity17.1%+11.5pp

Debt / equity0×0.0×

Current ratio21.3×+16.0×

Where this comes from

Reported directly by Ligand Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Ligand Pharmaceuticals’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ligand Pharmaceuticals's capex?: Ligand Pharmaceuticals (LGND) reported capex of $228K in Q1 2026.
How has Ligand Pharmaceuticals's capex changed year-over-year?: Ligand Pharmaceuticals's capex increased by 6.5% year-over-year, from $214K to $228K.
What is the long-term trend for Ligand Pharmaceuticals's capex?: Over 4 years (2021 to 2025), Ligand Pharmaceuticals's capex has grown at a -52.3% compound annual growth rate (CAGR), from $8.76M to $452K.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.