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TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
$274.48M+2.4%$268.09M+6.7%$251.23M+33.9%$187.58M+3.4%$181.49M+8.6%
$33.25M-59.0%$81.18M-1.1%$82.1M+23.0%$66.75M+1.9%$65.54M+206%
$94.48M+2.2%$92.45M-0.6%$93.03M+4.5%$89.06M+3.0%$86.5M+10.0%
$179.89M-20.8%$227.09M-2.8%$233.71M+5.3%$221.85M-8.8%$243.3M+28.2%
$94.59M+131%$41M+134%$17.52M+151%-$34.27M+44.6%-$61.81M-173%
34.5%+19.2pp15.3%+8.3pp7%+25.2pp-18.3%+15.8pp-34.1%-20.5pp
$5.6M+18.7%$4.72M+23.7%$3.81M+4.6%$3.64M-3.1%$3.76M+23.9%
$18.54M+35.8%$13.66M+48.5%$9.2M+37.9%$6.67M-14.6%$7.81M-3.1%
$90.3M-23.5%$117.96M
$16.24M$0+100%-$102.55M+5.0%-$107.94M+12.3%-$123.14M
$184.88M+16.3%$158.96M
$31.32M-9.2%$34.51M
$153.56M+23.4%$124.45M+156%$48.58M+164%-$75.86M+42.8%-$132.62M-3,189%
55.9%+9.5pp46.4%+27.1pp19.3%+59.8pp-40.4%+32.6pp-73.1%-70.7pp
$7.43+26.1%$5.89+190%$2.03+150%-$4.04+43.6%-$7.16-3,480%
$7.90+24.2%$6.36+175%$2.31+157%-$4.07+43.5%-$7.20-5,438%
80.7M+0.9%80M+2.6%78M+2.9%75.8M+2.6%73.9M+1.5%
78.1M+0.9%77.4M+1.4%76.4M+1.5%75.2M+1.8%73.9M+2.0%
$32.55M-0.5%$32.71M-0.5%$32.87M-0.5%$33.03M0.0%$33.03M+0.2%
$12.97M-10.8%$14.55M+1.1%$14.39M+10.4%$13.04M0.0%$13.04M+17.8%
-$443K$0+100%-$7.24M+54.4%-$15.89M-8.7%-$14.61M+2.9%
$41.44M-54.3%$90.67M
-$8.28M+52.1%-$17.31M+66.8%-$52.2M-0.6%
$274.48M+2.4%$268.09M+6.7%$251.23M+33.9%$187.58M+3.4%$181.49M+8.6%
$94.59M+131%$41M+134%$17.52M+151%-$34.27M+44.6%-$61.81M-173%
$127.81M+70.9%$74.78M+44.6%$51.71M+7,892%$647K+102%-$26.57M-310%
$127.81M+70.9%$74.78M+44.6%$51.71M+7,892%$647K+102%-$26.57M-310%
46.6%+18.7pp27.9%+7.3pp20.6%+20.2pp0.3%+15.0pp-14.6%-22.2pp
$94.59M+131%$41M+134%$17.52M+151%-$34.27M+44.6%-$61.81M-173%

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Questions, answered.

What are Ligand Pharmaceuticals's profit margins?
Gross margin is 91.9% and operating margin is 34.5%, with a 55.9% net margin.
Where does Ligand Pharmaceuticals's income statement data come from?
Every line is extracted from Ligand Pharmaceuticals's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.