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Ligand Pharmaceuticals LGND Payments To Acquire Financial Royalty Assets

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Other financials

Income statement

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Revenue$51.7M+14.1%
Operating income$17.4M+148%
Net income-$13.3M+68.6%
EPS (diluted)-$0.67+69.7%

Balance sheet

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Cash & equivalents$115.1M+140%
Total debt$5.1M+14.2%
Total equity$997.3M+25.4%
Total assets$1.5B+69.2%

Cash flow

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Operating cash flow$48.7M+291%
CapEx$228.0K+6.5%
Free cash flow$48.5M+289%

Valuation

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Market cap$5.51B+96.7%

Profitability

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Gross margin91.9%
Operating margin34.5%+23.0pp
Net margin55.9%+35.7pp
FCF margin44.8%+16.8pp

Returns & leverage

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Return on equity17.1%+11.5pp
Debt / equity0.0×
Current ratio21.3×+16.0×

Where this comes from

Reported directly by Ligand Pharmaceuticals in its filing.

Tagged under the XBRL concept lgnd:PaymentsToAcquireFinancialRoyaltyAssets.

The official record: Ligand Pharmaceuticals’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ligand Pharmaceuticals's payments to acquire financial royalty assets?
Ligand Pharmaceuticals (LGND) reported payments to acquire financial royalty assets of $0 in Q1 2026.
How has Ligand Pharmaceuticals's payments to acquire financial royalty assets changed year-over-year?
Ligand Pharmaceuticals's payments to acquire financial royalty assets decreased by 100.0% year-over-year, from $1.82M to $0.
What does payments to acquire financial royalty assets mean?
This represents the cash outflow dedicated to the acquisition of new financial royalty streams or rights to future revenue from third-party products. It is a primary indicator of the company's capital allocation strategy toward expanding its royalty-based business model. High levels of investment here suggest a focus on long-term growth through the accumulation of diversified revenue-generating assets.