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

Ligand Pharmaceuticals (LGND) posted Enterprise Value of -$779.4 million for Q1 2026, down 6.26% sequentially from -$733.5 million in Q4 2025, and down 273.1% YoY from $450.3 million in Q1 2025.

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

Ligand Pharmaceuticals has reported Enterprise Value for 17 years, with the latest figure at -$779.4 million in Q1 2026.

  • Quarterly Enterprise Value fell 273.1% year-over-year to -$779.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$779.4 million (down 273.1% YoY) and the FY2025 annual result came in at -$733.5 million, down 186.35% from the prior year.
  • Enterprise Value fell to -$779.4 million in Q1 2026 per LGND's latest filing, from -$733.5 million in the prior quarter.
  • Over five years, Enterprise Value peaked at -$38.3 million in Q2 2024 and troughed at -$779.4 million in Q1 2026.
  • A 5-year average of -$285.8 million and a median of -$211.9 million in 2022 frame the typical range for Enterprise Value.
  • The sharpest annual moves came in 2024 and 2025: Enterprise Value jumped 82.52% in 2024, then sank 788.97% in 2025.
  • Over 5 years, Enterprise Value stood at -$211.9 million in 2022, then rose by 19.62% to -$170.3 million in 2023, then slumped by 50.41% to -$256.2 million in 2024, then sank by 186.35% to -$733.5 million in 2025, then slipped by 6.26% to -$779.4 million in 2026.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$779.4 million, -$733.5 million, and -$664.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn -7.85 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn -7.99 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn -5.18 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn - -3.94 Bn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn -5.10 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -8.46 Mn
7 Royalty Pharma 33.72 Bn 35.84 Bn - 2.12 Bn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn -3.31 Bn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -1.16 Bn
10 Ligand Pharmaceuticals 5.87 Bn 4.51 Bn 60.48 Mn -1.36 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.36 Bn
Mar 31, 2026 -779.41 Mn
Dec 31, 2025 -733.52 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 -38.28 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