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Ligand Pharmaceuticals LGND Gain (Loss) on Short-term Investments

Gain (Loss) on Short-term Investments at other companies

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$1.05M
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$6M+20.0%
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-$101M-310%

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:GainLossOnShortTermInvestments.

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 gain (loss) on short-term investments?
Ligand Pharmaceuticals (LGND) reported gain (loss) on short-term investments of $3.87M in Q1 2026.
How has Ligand Pharmaceuticals's gain (loss) on short-term investments changed year-over-year?
Ligand Pharmaceuticals's gain (loss) on short-term investments increased by 131.3% year-over-year, from -$12.37M to $3.87M.
What does gain (loss) on short-term investments mean?
This represents the realized or unrealized gains or losses recognized on the company's short-term investment portfolio during the reporting period. It reflects the performance of liquid assets held outside of core operations. Monitoring this helps distinguish between income generated from business activities versus income derived from treasury management.