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Ligand Pharmaceuticals LGND Cash, Cash Equivalents, and Marketable Securities

Cash, Cash Equivalents, and Marketable Securities at other companies

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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%
CapEx$228.0K+6.5%
Free cash flow$48.5M+289%

Valuation

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Market cap$5.6B+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×
Current ratio21.3×+16.0×

Where this comes from

Reported directly by Ligand Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:AvailableForSaleSecuritiesDebtSecurities.

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 cash, cash equivalents, and marketable securities?
Ligand Pharmaceuticals (LGND) reported cash, cash equivalents, and marketable securities of $664.33M in Q1 2026.
How has Ligand Pharmaceuticals's cash, cash equivalents, and marketable securities changed year-over-year?
Ligand Pharmaceuticals's cash, cash equivalents, and marketable securities increased by 385.8% year-over-year, from $136.76M to $664.33M.
What is the long-term trend for Ligand Pharmaceuticals's cash, cash equivalents, and marketable securities?
Over 5 years (2020 to 2025), Ligand Pharmaceuticals's cash, cash equivalents, and marketable securities has grown at a 11.5% compound annual growth rate (CAGR), from $324.48M to $558.59M.
What does cash, cash equivalents, and marketable securities mean?
This represents the most liquid assets held by the company, including cash on hand, bank deposits, and short-term investments that can be readily converted into cash. It serves as the primary buffer for operational liquidity and potential capital allocation activities. Investors monitor this to assess the company's ability to meet short-term obligations and fund growth initiatives.