Ligand Pharmaceuticals (LGND) Change in Inventory (2011 - 2026)

Ligand Pharmaceuticals' (LGND) quarterly Change in Inventory came in at $4.1 million in Q1 2026, up 728.0% year-on-year from $500000.0 in Q1 2025, and up 249.24% quarter-over-quarter from -$2.8 million in Q4 2025.

Ligand Pharmaceuticals (LGND) Change in Inventory (2011 - 2026) Analysis & Trends

Ligand Pharmaceuticals has disclosed Change in Inventory across 16 years of filings, most recently posting $4.1 million for Q1 2026.

  • Change in Inventory for Q1 2026 came in at $4.1 million, up 728.0% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.3 million (up 79.22% YoY), and the FY2025 annual result was -$5.0 million, up 48.14% from the prior year.
  • Change in Inventory came in at $4.1 million for Q1 2026 at Ligand Pharmaceuticals, up from -$2.8 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $13.0 million in Q2 2023 to a low of -$9.7 million in Q2 2022.
  • The 5-year median for Change in Inventory is -$1.4 million (2022), against an average of -$685588.2.
  • Across the five-year window, Change in Inventory sank 4525.0% in 2023 and surged 728.0% in 2026, its largest moves.
  • Ligand Pharmaceuticals' Change in Inventory stood at -$1.4 million in 2022, then soared by 47.86% to -$707000.0 in 2023, then tumbled by 262.94% to -$2.6 million in 2024, then slipped by 8.11% to -$2.8 million in 2025, then soared by 249.24% to $4.1 million in 2026.
  • The last three Change in Inventory figures came in at $4.1 million (Q1 2026), -$2.8 million (Q4 2025), and -$3.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 51,468.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 97.70 Mn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Ligand Pharmaceuticals 5.47 Bn 4.69 Bn 48.45 Mn 4.14 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.14 Mn
Mar 31, 2026 4.14 Mn
Dec 31, 2025 -2.77 Mn
Dec 31, 2025 -2.77 Mn
Sep 30, 2025 -3.59 Mn
Sep 30, 2025 -3.59 Mn
Jun 30, 2025 875,000.00
Jun 30, 2025 875,000.00
Mar 31, 2025 500,000.00
Mar 31, 2025 500,000.00
Dec 31, 2024 -2.57 Mn
Dec 31, 2024 -2.57 Mn
Sep 30, 2024 -1.93 Mn
Sep 30, 2024 -1.93 Mn
Jun 30, 2024 -2.49 Mn
Jun 30, 2024 -2.49 Mn
Mar 31, 2024 -2.63 Mn
Mar 31, 2024 -2.63 Mn
Dec 31, 2023 -707,000.00
Dec 31, 2023 -707,000.00