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Total Revenue at other companies

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Royalty PharmaRPRX
$674.14M+16.5%
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Relay Therapeutics, Inc.RLAY
$350K-48.3%
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$267.95M-40.7%
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$119.59M+19.3%
Rigel Pharmaceuticals logo
Rigel PharmaceuticalsRIGL
$58.82M+10.3%
Opko Health logo
Opko HealthOPK
$163.58M+4.3%

Segments

By product

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Filspari$13.57M+106%
Captisol$7.98M
Kyprolis$7.04M
Qarziba$6.15M+4.5%
Evomela$5.94M-31.5%
Rylaze$3.81M+3.7%

By segment

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Development and Licensing of Biopharmaceutical Assets$63.69M+33.7%

Other financials

Income statement

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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$6.06B+119%
Enterprise value$6.19B+129%
P/E30.8×
P/S20.9×+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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemThree months ended / June 30, 2026Three months ended / June 30, 2025Six months ended / June 30, 2026Six months ended / June 30, 2025
Royalties48,03236,39790,99063,886
Captisol7,9788,28716,63221,747
Contract revenue and income7,6832,9437,7937,327
Total revenues and income63,69347,627115,41592,960
Operating costs and expenses:
Cost of Captisol3,2142,9076,4877,756
Amortization of intangibles8,0978,25816,19416,515
Research and development14,6686,56716,81656,652

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Ligand Pharmaceuticals's total revenue?
Ligand Pharmaceuticals (LGND) reported total revenue of $63.69M in Q2 2026.
How has Ligand Pharmaceuticals's total revenue changed year-over-year?
Ligand Pharmaceuticals's total revenue increased by 33.7% year-over-year, from $47.63M to $63.69M.
What is the long-term trend for Ligand Pharmaceuticals's total revenue?
Over 4 years (2021 to 2025), Ligand Pharmaceuticals's total revenue has grown at a 2.6% compound annual growth rate (CAGR), from $241.54M to $268.09M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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