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Ligand Pharmaceuticals LGND Filspari — Total revenues and income

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Contract revenue
$110K

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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%
Enterprise value$5.4B+95.4%
P/E35.9×
P/S20.1×+4.6×

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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 filspari — total revenues and income?
Ligand Pharmaceuticals (LGND) reported filspari — total revenues and income of $11.32M in Q1 2026.
How has Ligand Pharmaceuticals's filspari — total revenues and income changed year-over-year?
Ligand Pharmaceuticals's filspari — total revenues and income increased by 113.6% year-over-year, from $5.3M to $11.32M.
What does filspari — total revenues and income mean?
This metric represents the aggregate financial inflows generated by the Filspari product line, including royalties, milestone payments, and licensing fees. It serves as a key indicator of the commercial adoption and market performance of this specific therapeutic asset within the company's portfolio. Tracking this revenue stream allows investors to evaluate the growth trajectory and contribution of the asset to the company's overall top-line performance.