Ligand Pharmaceuticals (LGND) Interest Expenses (2010 - 2026)

Ligand Pharmaceuticals (LGND) reported Interest Expenses of $14.9 million for Q1 2026, up 1618.57% on a YoY basis from $867000.0 in Q1 2025, and up 237.41% sequentially from $4.4 million in Q4 2025.

Ligand Pharmaceuticals (LGND) Interest Expenses (2010 - 2026) Analysis & Trends

Ligand Pharmaceuticals (LGND) has 17 years of Interest Expenses data on file, last reported at $14.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses rose 1618.57% year-over-year to $14.9 million; the trailing twelve-month figure through Mar 2026 stood at $14.9 million (up 296.38% YoY), and the FY2025 full-year result was $31.7 million, down 55.74% from the prior year.
  • Interest Expenses advanced to $14.9 million in Q1 2026, from $4.4 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $14.9 million in Q3 2025 to a low of $1000.0 in Q3 2023.
  • A 5-year average of $2.7 million and a median of $789000.0 in 2022 frame the typical range for Interest Expenses.
  • Across the five-year window, Interest Expenses tumbled 99.7% in 2023 and jumped 74000.0% in 2024, its largest moves.
  • Tracing LGND's Interest Expenses over 5 years: stood at $660000.0 in 2022, then slumped by 80.15% to $131000.0 in 2023, then surged by 574.05% to $883000.0 in 2024, then jumped by 400.11% to $4.4 million in 2025, then surged by 237.41% to $14.9 million in 2026.
  • Business Quant data shows LGND's Interest Expenses at $14.9 million in Q1 2026, $4.4 million in Q4 2025, and $14.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -42,141.15
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 100,000.00
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 32.89 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 420.30 Mn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 28.30 Mn
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -
9 Revolution Medicines 37.37 Bn 37.37 Bn - 1.17 Bn
10 Ligand Pharmaceuticals 5.96 Bn 5.18 Bn 48.45 Mn 14.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.90 Mn
Mar 31, 2026 14.90 Mn
Dec 31, 2025 4.42 Mn
Dec 31, 2025 4.42 Mn
Sep 30, 2025 14.90 Mn
Sep 30, 2025 14.90 Mn
Jun 30, 2025 1.15 Mn
Jun 30, 2025 1.15 Mn
Mar 31, 2025 867,000.00
Mar 31, 2025 867,000.00
Dec 31, 2024 883,000.00
Dec 31, 2024 883,000.00
Sep 30, 2024 741,000.00
Sep 30, 2024 741,000.00
Jun 30, 2024 1.27 Mn
Jun 30, 2024 1.27 Mn
Mar 31, 2024 141,000.00
Mar 31, 2024 141,000.00
Dec 31, 2023 131,000.00
Dec 31, 2023 131,000.00