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Ligand Pharmaceuticals LGND Revenue from intangible royalty assets — Total revenues and income

Other product segments

Filspari
$11.32M+114%
Captisol
$8.65M
Kyprolis
$6.74M
Qarziba
$6.3M+15.7%
Evomela
$5.94M-31.5%
Rylaze
$3.81M+3.7%
Ohtuvayre
$3.55M
Ohtuvayre inventors
$3.05M
Other
$2.59M
Teriparatide injection
$2.03M+19.2%
Capvaxive
$1.97M
Vaxneuvance
$1.61M+25.3%
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 revenue from intangible royalty assets — total revenues and income?
Ligand Pharmaceuticals (LGND) reported revenue from intangible royalty assets — total revenues and income of $32.93M in Q1 2026.
How has Ligand Pharmaceuticals's revenue from intangible royalty assets — total revenues and income changed year-over-year?
Ligand Pharmaceuticals's revenue from intangible royalty assets — total revenues and income increased by 52.6% year-over-year, from $21.59M to $32.93M.
What is the long-term trend for Ligand Pharmaceuticals's revenue from intangible royalty assets — total revenues and income?
Over 3 years (2022 to 2025), Ligand Pharmaceuticals's revenue from intangible royalty assets — total revenues and income has grown at a 22.3% compound annual growth rate (CAGR), from $72.53M to $132.53M.
What does revenue from intangible royalty assets — total revenues and income mean?
This metric represents the total income generated from royalty streams associated with the company's portfolio of intangible pharmaceutical assets. It captures the recurring cash flows derived from licensing agreements and commercialized products developed through the company's technology platforms. This figure serves as a primary indicator of the long-term commercial success and market adoption of the drugs supported by the company's intellectual property.