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.

Ligand Pharmaceuticals LGND Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Total revenue	$268.09M+60.4%	$167.13M+27.3%	$131.31M-33.1%	$196.25M-18.8%
Research and development	$81.18M+279%	$21.43M-12.7%	$24.54M-32.0%	$36.08M+12.4%
General and administrative	$92.45M+17.5%	$78.65M+49.0%	$52.79M-24.7%	$70.06M+49.7%
Total costs & expenses	$227.09M+19.7%	$189.74M+56.2%	$121.49M-37.1%	$193.21M+40.3%
Operating income	$41M+281%	-$22.61M—	——	——
Operating margin	15.3%+28.8pp	-13.5%—	——	——
Interest expense	$4.72M+55.5%	$3.03M+362%	$656K-63.5%	$1.8M-90.8%
Other income (expense), net	$117.96M—	——	$51.72M+56.8%	$32.97M+204%
Income before income taxes	$158.96M—	——	$63.66M+76.8%	$36.01M-50.1%
Income tax expense	$34.51M—	——	——	$41.23M—
Net income	$124.45M+3,187%	-$4.03M-108%	$52.15M+256%	-$33.36M-158%
Net margin	46.4%+48.8pp	-2.4%-42.1pp	39.7%+56.7pp	-17%-40.7pp
Diluted earnings per share	$5.89+3,045%	-$0.20-107%	$2.90+261%	-$1.80-152%
EBITDA	$74.78M+492%	$12.63M-81.7%	$69.05M-30.3%	$99.05M-36.1%
EBITDA margin	27.9%+20.3pp	7.6%-45.0pp	52.6%+2.1pp	50.5%-13.7pp
EBIT	$41M+281%	-$22.61M-169%	$32.53M-31.5%	$47.52M-54.2%

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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.