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Ligand Pharmaceuticals LGND Deferred Tax Assets and Other Non-Current Assets

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Other financials

Income statement

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Revenue$63.7M+33.7%
Operating income$8.6M+1.7%
Net income$48.5M+901%
EPS (diluted)$2.22+825%

Balance sheet

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Cash & equivalents$1.0B+1,388%
Total debt$1.1B+19,605%
Total equity$967.5M+16.9%
Total assets$2.2B+130%

Cash flow

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Operating cash flow$24.0M+52.0%
CapEx$26.0K-87.9%
Free cash flow$24.0M+53.9%

Valuation

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Market cap$6.36B+105%
Enterprise value$6.49B+114%
P/E32.3×
P/S21.9×+5.3×

Profitability

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Gross margin91.9%
Operating margin32.6%+24.0pp
Net margin67.9%+49.4pp
FCF margin45.2%+16.7pp

Returns & leverage

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Return on equity22%+16.9pp
Debt / equity1.2×+1.2×
Current ratio31.2×+25.7×

Where this comes from

Reported directly by Ligand Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:OtherAssetsNoncurrent.

The source filing: Ligand Pharmaceuticals’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000886163-26-000044
Line itemJune 30, 2026December 31, 2025
Equity method investments42,39046,500
Other investments114,483121,451
Deferred income taxes, net37,1198,345
Other assets11,84112,582
Total assets$2,185,875$1,560,637
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable$9,405$3,238

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Ligand Pharmaceuticals's deferred tax assets and other non-current assets?
Ligand Pharmaceuticals (LGND) reported deferred tax assets and other non-current assets of $11.84M in Q2 2026.
How has Ligand Pharmaceuticals's deferred tax assets and other non-current assets changed year-over-year?
Ligand Pharmaceuticals's deferred tax assets and other non-current assets increased by 30.0% year-over-year, from $9.11M to $11.84M.
What is the long-term trend for Ligand Pharmaceuticals's deferred tax assets and other non-current assets?
Over 5 years (2020 to 2025), Ligand Pharmaceuticals's deferred tax assets and other non-current assets has grown at a 24.1% compound annual growth rate (CAGR), from $4.27M to $12.58M.
What does deferred tax assets and other non-current assets mean?
Combined balance of non-current deferred tax assets and other miscellaneous non-current assets.

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