Legend Biotech (LEGN) Beginning Cash Balance (2020 - 2022)
Legend Biotech's (LEGN) quarterly Beginning Cash Balance came in at $278.9 million in Q4 2025, down 39.28% YoY from $459.3 million in Q4 2024, and down 39.28% on a QoQ basis from $459.3 million in Q4 2024.
Analysis
Legend Biotech (LEGN) Beginning Cash Balance (2020 - 2022) Analysis & Trends
Legend Biotech (LEGN) has 7 years of Beginning Cash Balance data on file, last reported at $278.9 million in Q4 2025.
- Quarterly Beginning Cash Balance fell 39.28% year-over-year to $278.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.5 billion (down 17.67% YoY) and the FY2025 annual result came in at $286.7 million, down 77.56% from the prior year.
- Beginning Cash Balance retreated to $278.9 million in Q4 2025, from $459.3 million in the prior quarter.
- In the past five years, Beginning Cash Balance ranged from a high of $963.5 million in Q4 2023 to a low of $278.9 million in Q4 2025.
- A 5-year average of $585.7 million and a median of $488.2 million in 2021 frame the typical range for Beginning Cash Balance.
- Annual changes were most pronounced in 2021 — Beginning Cash Balance surged 446.63% — and 2024, when it tumbled 52.33%.
- Tracing LEGN's Beginning Cash Balance over 5 years: stood at $338.3 million in 2021, then surged by 140.22% to $812.7 million in 2022, then rose by 18.55% to $963.5 million in 2023, then plunged by 52.33% to $459.3 million in 2024, then plunged by 39.28% to $278.9 million in 2025.
- The last three Beginning Cash Balance figures came in at $278.9 million (Q4 2025), $459.3 million (Q4 2024), and $963.5 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn |
| 10 | Legend Biotech | 3.97 Bn | 3.00 Bn | 251.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | 688.94 Mn |
| Sep 30, 2021 | 455.69 Mn |
| Jun 30, 2021 | 455.69 Mn |
| Mar 31, 2021 | 455.69 Mn |
| Sep 30, 2020 | 83.36 Mn |
| Jun 30, 2020 | 83.36 Mn |