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| 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 |