Ligand Pharmaceuticals (LGND) Free Cash Flow (2010 - 2026)

Ligand Pharmaceuticals (LGND) reported Free Cash Flow of $48.5 million for Q1 2026, up 288.87% on a YoY basis from $12.5 million in Q1 2025, and up 6.05% sequentially from $45.7 million in Q4 2025.

Ligand Pharmaceuticals (LGND) Free Cash Flow (2010 - 2026) Analysis & Trends

Ligand Pharmaceuticals (LGND) has 17 years of Free Cash Flow data on file, last reported at $48.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 288.87% year-over-year to $48.5 million; the trailing twelve-month figure through Mar 2026 stood at $123.3 million (up 141.98% YoY), and the FY2025 full-year result was $49.1 million, down 48.39% from the prior year.
  • Free Cash Flow rose to $48.5 million in Q1 2026, from $45.7 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $48.5 million in Q1 2026 to a low of -$25.7 million in Q1 2025.
  • A 5-year average of $21.3 million and a median of $18.6 million in 2024 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow soared 617.0% in 2024 and sank 237.75% in 2025, its largest moves.
  • Tracing LGND's Free Cash Flow over 5 years: stood at $39.2 million in 2022, then slumped by 71.49% to $11.2 million in 2023, then soared by 148.54% to $27.8 million in 2024, then soared by 64.63% to $45.7 million in 2025, then gained by 6.05% to $48.5 million in 2026.
  • Business Quant data shows LGND's Free Cash Flow at $48.5 million in Q1 2026, $45.7 million in Q4 2025, and $13.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -19.58 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 158.09 Mn
4 NuCana 279.75 Bn 279.75 Bn - -1.53 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.29 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 848.30 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -354.95 Mn
10 Ligand Pharmaceuticals 6.05 Bn 5.27 Bn 48.45 Mn 48.46 Mn

Historic Data

Download Data
DateValue
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 13.10 Mn
Sep 30, 2025 13.10 Mn
Jun 30, 2025 16.00 Mn
Jun 30, 2025 16.00 Mn
Mar 31, 2025 -25.66 Mn
Mar 31, 2025 -25.66 Mn
Dec 31, 2024 27.76 Mn
Dec 31, 2024 27.76 Mn
Sep 30, 2024 35.93 Mn
Sep 30, 2024 35.93 Mn
Jun 30, 2024 12.91 Mn
Jun 30, 2024 12.91 Mn
Mar 31, 2024 18.63 Mn
Mar 31, 2024 18.63 Mn
Dec 31, 2023 11.17 Mn
Dec 31, 2023 11.17 Mn