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Ligand Pharmaceuticals LGND Long-term contingent liabilities

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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$5.6B+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:LiabilityForContingentValueRights.

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 long-term contingent liabilities?
Ligand Pharmaceuticals (LGND) reported long-term contingent liabilities of $3.5M in Q1 2026.
How has Ligand Pharmaceuticals's long-term contingent liabilities changed year-over-year?
Ligand Pharmaceuticals's long-term contingent liabilities decreased by 13.1% year-over-year, from $4.03M to $3.5M.
What is the long-term trend for Ligand Pharmaceuticals's long-term contingent liabilities?
Over 5 years (2020 to 2025), Ligand Pharmaceuticals's long-term contingent liabilities has grown at a -20.5% compound annual growth rate (CAGR), from $9.25M to $2.93M.
What does long-term contingent liabilities mean?
This represents the long-term financial obligation to pay out contingent value rights or similar performance-based payments to third parties. These liabilities are typically tied to the future success or regulatory milestones of specific drug development programs. It serves as a measure of the company's long-term financial commitments resulting from strategic business development activities.