Ligand Pharmaceuticals (LGND) Free Cash Flow (2010 - 2026)
Ligand Pharmaceuticals' (LGND) quarterly Free Cash Flow came in at $48.5 million in Q1 2026, up 288.87% year-on-year from $12.5 million in Q1 2025, and up 6.05% quarter-over-quarter from $45.7 million in Q4 2025.
Ligand Pharmaceuticals (LGND) Free Cash Flow (2010 - 2026) Analysis & Trends
Ligand Pharmaceuticals has disclosed Free Cash Flow across 17 years of filings, most recently posting $48.5 million for Q1 2026.
- Free Cash Flow for Q1 2026 came in at $48.5 million, up 288.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $123.3 million (up 134.4% YoY), and the FY2025 annual result was $49.1 million, down 49.32% from the prior year.
- Free Cash Flow came in at $48.5 million for Q1 2026 at Ligand Pharmaceuticals, up from $45.7 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $111.2 million in Q3 2024 to a low of -$61.7 million in Q2 2024.
- The 5-year median for Free Cash Flow is $18.7 million (2024), against an average of $22.3 million.
- Peak annual rise in Free Cash Flow reached 2092.37% in 2024, while the deepest fall reached 12913.5% in 2024.
- Ligand Pharmaceuticals' Free Cash Flow stood at $54.8 million in 2022, then tumbled by 79.61% to $11.2 million in 2023, then jumped by 156.86% to $28.7 million in 2024, then surged by 59.29% to $45.7 million in 2025, then advanced by 6.05% to $48.5 million in 2026.
- The last three Free Cash Flow figures came in at $48.5 million (Q1 2026), $45.7 million (Q4 2025), and $13.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (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 | - | -1.67 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -12.20 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -2.49 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.29 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | 63,220.27 |
| 10 | Ligand Pharmaceuticals | 5.47 Bn | 4.69 Bn | 48.45 Mn | 48.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.46 Mn |
| Mar 31, 2026 | 48.46 Mn |
| Dec 31, 2025 | 45.70 Mn |
| Dec 31, 2025 | 45.70 Mn |
| Sep 30, 2025 | 13.52 Mn |
| Sep 30, 2025 | 13.52 Mn |
| Jun 30, 2025 | 15.59 Mn |
| Jun 30, 2025 | 15.59 Mn |
| Mar 31, 2025 | -25.66 Mn |
| Mar 31, 2025 | -25.66 Mn |
| Dec 31, 2024 | 28.69 Mn |
| Dec 31, 2024 | 28.69 Mn |
| Sep 30, 2024 | 111.24 Mn |
| Sep 30, 2024 | 111.24 Mn |
| Jun 30, 2024 | -61.68 Mn |
| Jun 30, 2024 | -61.68 Mn |
| Mar 31, 2024 | 18.73 Mn |
| Mar 31, 2024 | 18.73 Mn |
| Dec 31, 2023 | 11.17 Mn |
| Dec 31, 2023 | 11.17 Mn |