Ligand Pharmaceuticals (LGND) EBT Margin (2010 - 2026)

Ligand Pharmaceuticals (LGND) reported EBT Margin of 46.9% for Q1 2026, up 6379.0% on a YoY basis from 0.72% in Q1 2025, and down 149.29% sequentially from 95.16% in Q4 2025.

Ligand Pharmaceuticals (LGND) EBT Margin (2010 - 2026) Analysis & Trends

Ligand Pharmaceuticals (LGND) has 17 years of EBT Margin data on file, last reported at 46.9% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin rose 6379.0% year-over-year to 46.9%; the trailing twelve-month figure through Mar 2026 stood at 67.36% (up 15613.0% YoY), and the FY2025 full-year result was 59.29%, up 5779.0% from the prior year.
  • EBT Margin fell to 46.9% in Q1 2026, from 95.16% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 366.22% in Q1 2024 to a low of 157.45% in Q2 2024.
  • A 5-year average of 24.21% and a median of 17.28% in 2022 frame the typical range for EBT Margin.
  • Across the five-year window, EBT Margin jumped 23994 bps in 2024 and tumbled 47691 bps in 2025, its largest moves.
  • Tracing LGND's EBT Margin over 5 years: stood at 47.91% in 2022, then gained by 27 bps to 60.84% in 2023, then plunged by 250 bps to 91.56% in 2024, then surged by 204 bps to 95.16% in 2025, then plunged by 149 bps to 46.9% in 2026.
  • Business Quant data shows LGND's EBT Margin at 46.9% in Q1 2026, 95.16% in Q4 2025, and 122.24% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 17.13%
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 41.95%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 23.05%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 34.77%
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Ligand Pharmaceuticals 6.05 Bn 5.27 Bn 48.45 Mn -46.90%

Historic Data

Download Data
DateValue
Mar 31, 2026 -46.90%
Dec 31, 2025 95.16%
Sep 30, 2025 122.24%
Jun 30, 2025 23.56%
Mar 31, 2025 -110.69%
Dec 31, 2024 -91.56%
Sep 30, 2024 -12.23%
Jun 30, 2024 -157.45%
Mar 31, 2024 366.22%
Dec 31, 2023 60.84%
Sep 30, 2023 -36.95%
Jun 30, 2023 12.03%
Mar 31, 2023 126.28%
Dec 31, 2022 47.91%
Sep 30, 2022 20.86%
Jun 30, 2022 17.28%
Mar 31, 2022 -25.04%
Dec 31, 2021 31.70%
Sep 30, 2021 25.56%
Jun 30, 2021 42.23%