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Ligand Pharmaceuticals LGND Ohtuvayre inventors — Financial Royalty Assets, Allowance

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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 lgnd:FinancialRoyaltyAssetsAllowance.

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 ohtuvayre inventors — financial royalty assets, allowance?
Ligand Pharmaceuticals (LGND) reported ohtuvayre inventors — financial royalty assets, allowance of $167K in Q1 2026.
What does ohtuvayre inventors — financial royalty assets, allowance mean?
This metric represents the valuation allowance or reserve established against the royalty assets related to the Ohtuvayre product line to account for potential credit losses or impairment. It reflects management's assessment of the collectability and long-term value of the expected future royalty streams. A significant change in this allowance may indicate shifts in the perceived risk profile or commercial viability of the underlying asset.