Ligand Pharmaceuticals (LGND) Inventory Average (2011 - 2026)

Ligand Pharmaceuticals' (LGND) quarterly Inventory Average came in at $11.2 million in Q1 2026, down 22.06% year-on-year from $14.4 million in Q1 2025, and up 6.5% quarter-over-quarter from $10.5 million in Q4 2025.

Ligand Pharmaceuticals (LGND) Inventory Average (2011 - 2026) Analysis & Trends

Ligand Pharmaceuticals has disclosed Inventory Average across 16 years of filings, most recently posting $11.2 million for Q1 2026.

  • Inventory Average for Q1 2026 came in at $11.2 million, down 22.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $11.2 million (down 22.06% YoY), and the FY2025 annual result was $11.6 million, down 38.98% from the prior year.
  • Inventory Average came in at $11.2 million for Q1 2026 at Ligand Pharmaceuticals, up 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.
  • The 5-year median for Inventory Average is $17.8 million (2022), against an average of $18.7 million.
  • Across the five-year window, Inventory Average plunged 48.42% in 2023 and soared 65.93% in 2024, its largest moves.
  • Ligand Pharmaceuticals' Inventory Average stood at $17.8 million in 2022, then jumped by 38.58% to $24.7 million in 2023, then sank by 37.49% to $15.4 million in 2024, then tumbled by 31.85% to $10.5 million in 2025, then advanced by 6.5% to $11.2 million in 2026.
  • The last three Inventory Average figures came in at $11.2 million (Q1 2026), $10.5 million (Q4 2025), and $13.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (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 - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 30.59 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.73 Bn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Ligand Pharmaceuticals 5.47 Bn 4.69 Bn 48.45 Mn 11.20 Mn

Historic Data

Download Data
DateValue
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