Ligand Pharmaceuticals (LGND) Inventory Average (2011 - 2026)
Ligand Pharmaceuticals (LGND) reported Inventory Average of $11.2 million for Q1 2026, down 22.06% on a YoY basis from $14.4 million in Q1 2025, and up 6.5% sequentially from $10.5 million in Q4 2025.
Ligand Pharmaceuticals (LGND) Inventory Average (2011 - 2026) Analysis & Trends
Ligand Pharmaceuticals (LGND) has 16 years of Inventory Average data on file, last reported at $11.2 million in Q1 2026.
- For the quarter ending Q1 2026, Inventory Average fell 22.06% year-over-year to $11.2 million; the trailing twelve-month figure through Mar 2026 stood at $11.2 million (down 22.06% YoY), and the FY2025 full-year result was $11.6 million, down 38.98% from the prior year.
- Inventory Average advanced to $11.2 million in Q1 2026, from $10.5 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $26.5 million in Q1 2022 to a low of $10.5 million in Q4 2025.
- A 5-year average of $18.7 million and a median of $17.8 million in 2022 frame the typical range for Inventory Average.
- Across the five-year window, Inventory Average slumped 48.42% in 2023 and soared 65.93% in 2024, its largest moves.
- Tracing LGND's Inventory Average over 5 years: stood at $17.8 million in 2022, then soared by 38.58% to $24.7 million in 2023, then slumped by 37.49% to $15.4 million in 2024, then plunged by 31.85% to $10.5 million in 2025, then gained by 6.5% to $11.2 million in 2026.
- Business Quant data shows LGND's Inventory Average at $11.2 million in Q1 2026, $10.5 million in Q4 2025, and $13.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 644.91 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.73 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 3.15 Bn |
| 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 | - | - |
| 10 | Ligand Pharmaceuticals | 6.05 Bn | 5.27 Bn | 48.45 Mn | 11.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.20 Mn |
| Dec 31, 2025 | 10.51 Mn |
| Sep 30, 2025 | 13.69 Mn |
| Jun 30, 2025 | 15.05 Mn |
| Mar 31, 2025 | 14.36 Mn |
| Dec 31, 2024 | 15.43 Mn |
| Sep 30, 2024 | 17.71 Mn |
| Jun 30, 2024 | 20.00 Mn |
| Mar 31, 2024 | 22.65 Mn |
| Dec 31, 2023 | 24.68 Mn |
| Sep 30, 2023 | 26.15 Mn |
| Jun 30, 2023 | 20.46 Mn |
| Mar 31, 2023 | 13.65 Mn |
| Dec 31, 2022 | 17.81 Mn |
| Sep 30, 2022 | 23.55 Mn |
| Jun 30, 2022 | 25.19 Mn |
| Mar 31, 2022 | 26.47 Mn |
| Dec 31, 2021 | 30.16 Mn |
| Sep 30, 2021 | 36.47 Mn |
| Jun 30, 2021 | 38.44 Mn |