Ligand Pharmaceuticals (LGND) Enterprise Value (2010 - 2026)

Ligand Pharmaceuticals' (LGND) quarterly Enterprise Value came in at -$779.4 million in Q1 2026, down 273.1% year-on-year from $450.3 million in Q1 2025, and down 309.01% quarter-over-quarter from -$190.6 million in Q4 2025.

Ligand Pharmaceuticals (LGND) Enterprise Value (2010 - 2026) Analysis & Trends

Ligand Pharmaceuticals has disclosed Enterprise Value across 17 years of filings, most recently posting -$779.4 million for Q1 2026.

  • Enterprise Value for Q1 2026 came in at -$779.4 million, down 273.1% year-over-year; the trailing twelve-month figure through Mar 2026 was -$779.4 million (down 273.1% YoY), and the FY2025 annual result was -$190.6 million, up 25.61% from the prior year.
  • Enterprise Value came in at -$779.4 million for Q1 2026 at Ligand Pharmaceuticals, down from -$190.6 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$74.8 million in Q3 2024 to a low of -$779.4 million in Q1 2026.
  • The 5-year median for Enterprise Value is -$211.9 million (2022), against an average of -$265.0 million.
  • Across the five-year window, Enterprise Value jumped 62.44% in 2022 and sank 788.97% in 2025, its largest moves.
  • Ligand Pharmaceuticals' Enterprise Value stood at -$211.9 million in 2022, then grew by 19.62% to -$170.3 million in 2023, then slumped by 50.41% to -$256.2 million in 2024, then climbed by 25.61% to -$190.6 million in 2025, then plunged by 309.01% to -$779.4 million in 2026.
  • The last three Enterprise Value figures came in at -$779.4 million (Q1 2026), -$190.6 million (Q4 2025), and -$664.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -32.30 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -4.14 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -286.70 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -18.44 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -2.77 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -7.20 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -7.25 Bn
9 Abivax 91.96 Bn 91.96 Bn - -584.73 Mn
10 Ligand Pharmaceuticals 5.47 Bn 4.69 Bn 48.45 Mn -779.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -779.41 Mn
Dec 31, 2025 -190.56 Mn
Sep 30, 2025 -664.52 Mn
Jun 30, 2025 -245.02 Mn
Mar 31, 2025 -208.90 Mn
Dec 31, 2024 -256.17 Mn
Sep 30, 2024 -74.75 Mn
Jun 30, 2024 -226.93 Mn
Mar 31, 2024 -310.59 Mn
Dec 31, 2023 -170.31 Mn
Sep 30, 2023 -190.50 Mn
Jun 30, 2023 -219.04 Mn
Mar 31, 2023 -282.67 Mn
Dec 31, 2022 -211.87 Mn
Sep 30, 2022 -121.41 Mn
Jun 30, 2022 -147.94 Mn
Mar 31, 2022 -204.00 Mn
Dec 31, 2021 -341.11 Mn
Sep 30, 2021 -323.21 Mn
Jun 30, 2021 -301.84 Mn