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Ligand Pharmaceuticals LGND Total costs & expenses

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Other financials

Income statement

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Revenue$63.7M+33.7%
Operating income$8.6M+1.7%
Net income$48.5M+901%
EPS (diluted)$2.22+825%

Balance sheet

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Cash & equivalents$1.0B+1,388%
Total debt$1.1B+19,605%
Total equity$967.5M+16.9%
Total assets$2.2B+130%

Cash flow

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Operating cash flow$24.0M+52.0%
CapEx$26.0K-87.9%
Free cash flow$24.0M+53.9%

Valuation

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Market cap$5.89B+105%
Enterprise value$6.02B+114%
P/E29.9×
P/S20.3×+4.9×

Profitability

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Gross margin91.9%
Operating margin32.6%+24.0pp
Net margin67.9%+49.4pp
FCF margin45.2%+16.7pp

Returns & leverage

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Return on equity22%+16.9pp
Debt / equity1.2×+1.2×
Current ratio31.2×+25.7×

Where this comes from

Reported directly by Ligand Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:OperatingCostsAndExpenses.

The source filing: Ligand Pharmaceuticals’s 10-Q, filed August 7, 2026. Open the filing →

Filed
Aug 7, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000886163-26-000044

FAQ

What is Ligand Pharmaceuticals's total costs & expenses?
Ligand Pharmaceuticals (LGND) reported total costs & expenses of $55.1M in Q2 2026.
How has Ligand Pharmaceuticals's total costs & expenses changed year-over-year?
Ligand Pharmaceuticals's total costs & expenses increased by 40.6% year-over-year, from $39.18M to $55.1M.
What is the long-term trend for Ligand Pharmaceuticals's total costs & expenses?
Over 4 years (2021 to 2025), Ligand Pharmaceuticals's total costs & expenses has grown at a 13.3% compound annual growth rate (CAGR), from $137.69M to $227.09M.
What does total costs & expenses mean?
This represents the aggregate sum of all operating and non-operating costs incurred by the company to support its business activities during a specific period. It includes cost of goods sold, research and development, selling, general and administrative expenses, and other operational outlays. This figure is a critical indicator of the company's overall cost structure and operational scale.

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