Ligand Pharmaceuticals (LGND) reported $268M in revenue for fiscal 2025, +60.4% year on year. That ranks #2543 by revenue among 2853 SEC filers and #259 in Healthcare. Net income was $124M, a net margin of 46.4%. Revenue has grown 16.9% a year on average since 2011 ($30.0M then). The fiscal 2025 balance sheet shows $1.6B in total assets, $175M in cash and $27.5M in long-term debt.

Key figures

$30.0M2011$31.4M2012$49.0M2013$64.5M2014$71.9M2015$109M2016$141M2017$251M2018$120M2019$164M2020$242M2021$196M2022$131M2023$167M2024$268M2025
Ligand Pharmaceuticals — Key figures
Key figuresFY2025YoYSource
RevenueRevenueFromContractWithCustomerExcludingAssessedTax$268M+60.4%FY20252025-12-31
Gross profitNot reported—
Operating incomeOperatingIncomeLoss$41.0M+$63.6MFY20252025-12-31
Net incomeNetIncomeLoss$124M+$128MFY20252025-12-31
Operating cash flowNetCashProvidedByUsedInOperatingActivities$49.4M−49.1%FY20252025-12-31
Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment$452,000−75.2%FY20252025-12-31
Total assetsAssets$1.6B+65.7%FY20252025-12-31
Shareholders' equityStockholdersEquity$1.0B+22.5%FY20252025-12-31
CashCashAndCashEquivalentsAtCarryingValue$175M+141.9%FY20252025-12-31
Long-term debtLongTermDebt$27.5M—FY20122012-12-31

Revenue is total net sales for the fiscal year, taken from each company's own annual filing.

Reported since the last full year

Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.

Ligand Pharmaceuticals — Reported since the last full year
QuarterRevenueNet incomeSource
Q1 20262026-03-31$51.7M−$13.3MOpen →
Q2 20262026-06-30$63.7M$48.5MOpen →

Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.

Profile

Legal name
Ligand Pharmaceuticals Inc
Ticker
LGND
Exchange
Nasdaq
SIC classification
Pharmaceutical Preparations (2834)
Fiscal year end
12-31
CIK
0000886163

Filings

Similar in size, same sector

CompanyRevenueNet income
HarrowHROW$272M−$5.1M
Viemed HealthcareVMD$270M$15.4M
Vireo GrowthVREOF$269M−$68.1M
Ligand PharmaceuticalsLGND$268M$124M
Iovance BiotherapeuticsIOVA$264M−$391M
Jushi HoldingsJUSH$263M−$68.6M
ArvinasARVN$263M−$81.0M

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Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Ligand Pharmaceuticals — Key figures |url=https://companiesranked.com/en/company/ligand-pharmaceuticals |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Ligand Pharmaceuticals — Key figures. CompaniesRanked. https://companiesranked.com/en/company/ligand-pharmaceuticals

BibTeX

@misc{companiesranked-en-company-ligand-pharmaceuticals-2026,
  author       = {{CompaniesRanked}},
  title        = {{Ligand Pharmaceuticals — Key figures}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/ligand-pharmaceuticals}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0000886163-26-000006 · February 27, 2026

{{cite web |title=Ligand Pharmaceuticals — Key figures — 10-K (0000886163-26-000006) |url=https://www.sec.gov/Archives/edgar/data/886163/000088616326000006/lgnd-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-27}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.