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Ligand Pharmaceuticals LGND Short-Term Investments

Short-Term Investments at other companies

Royalty Pharma logo
Royalty PharmaRPRX
$21.9M+81.0%
BridgeBio Pharma logo
BridgeBio PharmaBBIO
$60.3M
Roivant Sciences logo
Roivant SciencesROIV
$2.87B+32.3%
Apogee Therapeutics, Inc. logo
Apogee Therapeutics, Inc.APGE
$608.09M+49.6%
Mirum Pharmaceuticals, Inc. logo
Mirum Pharmaceuticals, Inc.MIRM
$61.35M-6.8%
Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
$1.12B-9.4%

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:ShortTermInvestments.

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 short-term investments?
Ligand Pharmaceuticals (LGND) reported short-term investments of $664.33M in Q1 2026.
How has Ligand Pharmaceuticals's short-term investments changed year-over-year?
Ligand Pharmaceuticals's short-term investments increased by 312.9% year-over-year, from $160.91M to $664.33M.
What is the long-term trend for Ligand Pharmaceuticals's short-term investments?
Over 5 years (2020 to 2025), Ligand Pharmaceuticals's short-term investments has grown at a 9.0% compound annual growth rate (CAGR), from $363.57M to $558.59M.
What does short-term investments mean?
Marketable securities and other investments with maturities between three months and one year, providing yield above cash while maintaining liquidity.