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TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
$274.48M+51.2%$268.09M+60.4%$251.23M+64.8%$187.58M+40.5%$181.49M+53.4%
$33.25M-49.3%$81.18M+279%$82.1M+265%$66.75M+199%$65.54M+175%
$94.48M+9.2%$92.45M+17.5%$93.03M+34.7%$89.06M+50.4%$86.5M+63.6%
$179.89M-26.1%$227.09M+19.7%$233.71M+38.5%$221.85M+46.0%$243.3M+103%
$94.59M+253%$41M+281%$17.52M-$34.27M-$61.81M
34.5%+68.5pp15.3%+28.8pp7%-18.3%-34.1%
$5.6M+48.8%$4.72M+55.5%$3.81M+67.2%$3.64M+136%$3.76M+575%
$18.54M+138%$13.66M+69.6%$9.2M+17.7%$6.67M-23.6%$7.81M-5.9%
$90.3M$117.96M
$16.24M+113%$0-$102.55M-$107.94M-$123.14M
$184.88M$158.96M
$31.32M$34.51M
$153.56M+216%$124.45M+3,187%$48.58M+7.4%-$75.86M-280%-$132.62M-238%
55.9%+129pp46.4%+48.8pp19.3%-10.3pp-40.4%-72.0pp-73.1%-155pp
$7.43+204%$5.89+3,045%$2.03-19.1%-$4.04-275%-$7.16-235%
$7.90+210%$6.36+4,992%$2.31-12.5%-$4.07-267%-$7.20-232%
80.7M+9.2%80M+9.9%78M+7.9%75.8M+6.4%73.9M+4.1%
78.1M+5.7%77.4M+6.9%76.4M+6.9%75.2M+6.8%73.9M+6.1%
$32.55M-1.5%$32.71M-0.8%$32.87M-0.5%$33.03M0.0%$33.03M-0.8%
$12.97M-0.5%$14.55M+31.4%$14.39M+45.7%$13.04M+19.5%$13.04M+34.8%
-$443K+97.0%$0+100%-$7.24M+7.3%-$15.89M-$14.61M
$41.44M$90.67M
-$8.28M-$17.31M-$52.2M
$274.48M+51.2%$268.09M+60.4%$251.23M+64.8%$187.58M+40.5%$181.49M+53.4%
$94.59M+253%$41M+281%$17.52M+311%-$34.27M-917%-$61.81M-390%
$127.81M+581%$74.78M+492%$51.71M+30.0%$647K-98.4%-$26.57M-147%
$127.81M+581%$74.78M+492%$51.71M+30.0%$647K-98.4%-$26.57M-147%
46.6%+61.2pp27.9%+20.3pp20.6%-5.5pp0.3%-29.1pp-14.6%-62.9pp
$94.59M+253%$41M+281%$17.52M+311%-$34.27M-917%-$61.81M-390%

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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.