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Interest Expense at other companies

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Segments

By segment

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Development and Licensing of Biopharmaceutical Assets$1.75M+51.6%

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$6.02B+119%
Enterprise value$6.14B+129%
P/E30.5×
P/S20.7×+6.1×

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:InterestExpenseNonoperating.

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 itemThree months ended / June 30, 2026Three months ended / June 30, 2025Six months ended / June 30, 2026Six months ended / June 30, 2025
Gain (loss) from short-term investments11,75493915,623(11,428)
Gain (loss) from change in fair value of equity-method investments and other investments35,727(13,502)
Interest income7,2981,62113,9533,392
Interest expense(1,748)(1,153)(3,495)(2,020)
Other non-operating expense, net2,6821,3721,507(1,129)
Total non-operating income (expenses), net55,7132,77914,086(11,185)
Income (loss) before income taxes64,30411,22340,045(38,957)
Income tax (expense) benefit(15,796)(6,376)(4,882)1,353

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Ligand Pharmaceuticals's interest expense?
Ligand Pharmaceuticals (LGND) reported interest expense of $1.75M in Q2 2026.
How has Ligand Pharmaceuticals's interest expense changed year-over-year?
Ligand Pharmaceuticals's interest expense increased by 51.6% year-over-year, from $1.15M to $1.75M.
What is the long-term trend for Ligand Pharmaceuticals's interest expense?
Over 4 years (2021 to 2025), Ligand Pharmaceuticals's interest expense has grown at a -30.0% compound annual growth rate (CAGR), from $19.62M to $4.72M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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