Ligand Pharmaceuticals (LGND) Gross Profit (2010 - 2026)
Ligand Pharmaceuticals (LGND) posted Gross Profit of $48.4 million for Q1 2026, down 14.51% sequentially from $56.7 million in Q4 2025, and up 19.67% YoY from $40.5 million in Q1 2025.
Analysis
Ligand Pharmaceuticals (LGND) Gross Profit (2010 - 2026) Analysis & Trends
Ligand Pharmaceuticals has reported Gross Profit for 17 years, with the latest figure at $48.4 million in Q1 2026.
- Quarterly Gross Profit rose 19.67% year-over-year to $48.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $261.5 million (up 55.24% YoY) and the FY2025 annual result came in at $253.5 million, up 62.46% from the prior year.
- Gross Profit fell to $48.4 million in Q1 2026 per LGND's latest filing, from $56.7 million in the prior quarter.
- Over five years, Gross Profit peaked at $111.7 million in Q3 2025 and troughed at $24.7 million in Q2 2023.
- A 5-year average of $42.5 million and a median of $40.0 million in 2024 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2022 and 2025: Gross Profit tumbled 35.24% in 2022, then surged 126.2% in 2025.
- Over 5 years, Gross Profit stood at $28.8 million in 2022, then decreased by 8.02% to $26.5 million in 2023, then soared by 51.08% to $40.0 million in 2024, then soared by 41.77% to $56.7 million in 2025, then slipped by 14.51% to $48.4 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $48.4 million, $56.7 million, and $111.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.31 Bn | 131.46 Bn | 2.84 Bn |
| 2 | Regeneron Pharmaceuticals | 85.65 Bn | 77.66 Bn | 3.93 Bn |
| 3 | Argenx Se | 63.46 Bn | 58.27 Bn | 1.37 Bn |
| 4 | Moderna | 57.94 Bn | 52.80 Bn | 52.00 Mn |
| 5 | Revolution Medicines | 44.05 Bn | 44.05 Bn | - |
| 6 | BeOne Medicines | 39.96 Bn | 34.86 Bn | 1.53 Bn |
| 7 | Alnylam Pharmaceuticals | 35.16 Bn | 31.85 Bn | 992.69 Mn |
| 8 | Royalty Pharma | 28.44 Bn | 27.60 Bn | - |
| 9 | Insmed | 27.32 Bn | 26.16 Bn | 358.27 Mn |
| 10 | Ligand Pharmaceuticals | 5.77 Bn | 4.41 Bn | 60.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 60.48 Mn |
| Mar 31, 2026 | 48.45 Mn |
| Dec 31, 2025 | 56.67 Mn |
| Sep 30, 2025 | 111.66 Mn |
| Jun 30, 2025 | 44.72 Mn |
| Mar 31, 2025 | 40.48 Mn |
| Dec 31, 2024 | 39.98 Mn |
| Sep 30, 2024 | 49.36 Mn |
| Jun 30, 2024 | 38.63 Mn |
| Mar 31, 2024 | 28.10 Mn |
| Dec 31, 2023 | 26.46 Mn |
| Sep 30, 2023 | 29.38 Mn |
| Jun 30, 2023 | 24.70 Mn |
| Mar 31, 2023 | 40.26 Mn |
| Dec 31, 2022 | 28.77 Mn |
| Sep 30, 2022 | 45.07 Mn |
| Jun 30, 2022 | 37.77 Mn |
| Mar 31, 2022 | 31.82 Mn |
| Dec 31, 2021 | 44.42 Mn |
| Sep 30, 2021 | 48.25 Mn |