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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
$51.72M+14.1%$59.67M+39.4%$115.46M+123%$47.63M+14.7%$45.33M+46.3%
$2.15M-95.7%$3.51M-20.7%$21.02M+270%$6.57M+22.7%$50.09M+739%
$20.84M+10.8%$25.03M-2.3%$28.45M+16.2%$20.18M+14.5%$18.8M+71.7%
$34.35M-57.9%$45.82M-12.6%$60.53M+24.4%$39.18M-35.4%$81.55M+191%
$17.37M+148%$13.84M+244%$54.93M+1,648%$8.44M+144%-$36.22M-1,312%
33.6%+113pp23.2%+45.7pp47.6%+41.5pp17.7%+63.7pp-79.9%-89.5pp
$1.75M+101%$1.79M+102%$910K+22.8%$1.15M-9.1%$867K+515%
$6.66M+276%$6.39M+231%$3.87M+188%$1.62M-41.2%$1.77M-12.3%
-$41.63M-198%$42.94M$86.21M+1,009%$2.78M+106%-$13.96M-113%
$3.87M+131%$3.63M+104%$7.8M+224%$939K+107%-$12.37M-111%
-$24.26M+51.7%$56.78M$141.14M+2,326%$11.22M+117%-$50.18M-144%
-$10.91M-41.2%$12M$23.86M+2,765%$6.38M+147%-$7.73M-128%
-$13.35M+68.6%$44.78M+244%$117.27M+1,735%$4.85M+109%-$42.45M-149%
-25.8%+67.8pp75.1%+148pp101.6%+115pp10.2%+135pp-93.6%-372pp
-$0.67+69.7%$2.18+230%$5.68+1,556%$0.24+108%-$2.21-147%
-$0.67+69.7%$2.33+235%$5.99+1,636%$0.25+109%-$2.21-145%
19.9M+3.6%20.3M+11.0%20.6M+12.0%19.9M+10.5%19.2M+5.9%
19.9M+3.6%19.3M+5.7%19.6M+6.3%19.3M+7.2%19.2M+8.2%
$8.1M-1.9%$8.1M-2.0%$8.1M-1.9%$8.26M0.0%$8.26M+0.9%
$3.27M-32.5%$2.99M+5.5%$3.8M+55.2%$2.91M0.0%$4.85M+68.3%
$0-100%$0+100%$833K+111%-$1.28M$443K
-$49.23M$14.78M$75.89M+2,605%$0$0
-$1.18M+53.0%-$443K+95.3%$1.37M+104%-$2.5M-14.1%
$51.72M+14.1%$59.67M+39.4%$115.46M+123%$47.63M+14.7%$45.33M+46.3%
$17.37M+148%$13.84M+244%$54.93M+1,648%$8.44M+144%-$36.22M-1,312%
$25.58M+193%$22.06M+2,284%$63.2M+421%$16.97M+266%-$27.45M-334%
$25.58M+193%$22.06M+2,284%$63.2M+421%$16.97M+266%-$27.45M-334%
49.5%+110pp37%+39.3pp54.7%+31.3pp35.6%+60.3pp-60.5%-98.5pp
$17.37M+148%$13.84M+244%$54.93M+1,648%$8.44M+144%-$36.22M-1,312%

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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.