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Ligand Pharmaceuticals LGND Total Current Liabilities

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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$6.02B+119%
Enterprise value$6.14B+129%
P/E30.5×
P/S20.7×+6.1×

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:LiabilitiesCurrent.

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

Filed
Aug 7, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000886163-26-000044
Line itemJune 30, 2026December 31, 2025
Current contingent liabilities210287
Current operating lease liabilities1,0821,095
Other current liabilities955135
Total current liabilities46,73637,447
Long-term contingent liabilities2,3822,934
Long-term operating lease liabilities3,7774,204
Convertible senior notes, net1,126,594446,192
Deferred income taxes, net21,65436,019

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Ligand Pharmaceuticals's total current liabilities?
Ligand Pharmaceuticals (LGND) reported total current liabilities of $46.74M in Q2 2026.
How has Ligand Pharmaceuticals's total current liabilities changed year-over-year?
Ligand Pharmaceuticals's total current liabilities decreased by 27.8% year-over-year, from $64.73M to $46.74M.
What is the long-term trend for Ligand Pharmaceuticals's total current liabilities?
Over 5 years (2020 to 2025), Ligand Pharmaceuticals's total current liabilities has grown at a -17.9% compound annual growth rate (CAGR), from $100.11M to $37.45M.
What does total current liabilities mean?
The sum of all obligations due within one year — payables, accrued expenses, current debt, deferred revenue, and other short-term liabilities.

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