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Ligand Pharmaceuticals LGND Others — Financial Royalty Assets, Net

Other product segments

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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:FinancialRoyaltyAssetsNet.

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 others — financial royalty assets, net?
Ligand Pharmaceuticals (LGND) reported others — financial royalty assets, net of $5.53M in Q1 2026.
What does others — financial royalty assets, net mean?
This metric represents the net book value of royalty-based intangible assets within the 'Others' segment, calculated as the gross carrying value minus any applicable valuation allowances. It provides a current, risk-adjusted snapshot of the economic value the company expects to derive from these specific pharmaceutical partnerships and licensing arrangements. Investors use this figure to assess the tangible value of the segment's portfolio and its potential to contribute to future royalty revenue.