Ligand Pharmaceuticals (LGND) Inventory (2011 - 2026)
Ligand Pharmaceuticals' Inventory was $10.26 million in Q2 2026, down 33.7% from $15.49 million a year earlier and down 22.6% from the prior quarter.
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Analysis
Ligand Pharmaceuticals (LGND) Inventory (2011 - 2026) Analysis & Trends
At the end of FY2025, Inventory at Ligand Pharmaceuticals came in at $9.13 million, down 35.3% from FY2024.
- Inventory shows a five-year compound annual growth rate of -19.2% (FY2020 to FY2025).
- In earlier years, Inventory was $14.11 million in FY2024 (-41.1%), $23.97 million in FY2023 (+80.3%), $13.29 million in FY2022 (-51.4%) and $27.33 million in FY2021 (+3.2%).
- Quarterly Inventory has moved between $9.13 million (Q4 2025) and $33 million (Q3 2021) over five years.
- Compared with a year earlier, Inventory has declined for nine straight quarters, with an average decline of 28.9% over the last eight quarters.
- The best year-over-year quarter for Inventory over five years was Q3 2021 (growth of 145.7%); the worst was Q4 2022 (a decline of 51.4%).
- Per Business Quant data, LGND's Inventory in the three quarters before Q2 2026 was $13.27 million (Q1 2026), $9.13 million (Q4 2025) and $11.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 15.14 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 5.13 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 6.21 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 6.22 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 6.93 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 6.22 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 1.95 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 9.95 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 1.77 Bn |
| 10 | Ligand Pharmaceuticals | 6.26 Bn | 2.72 Bn | - | 10.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.26 Mn |
| Mar 31, 2026 | 13.27 Mn |
| Dec 31, 2025 | 9.13 Mn |
| Sep 30, 2025 | 11.90 Mn |
| Jun 30, 2025 | 15.49 Mn |
| Mar 31, 2025 | 14.61 Mn |
| Dec 31, 2024 | 14.11 Mn |
| Sep 30, 2024 | 16.74 Mn |
| Jun 30, 2024 | 18.67 Mn |
| Mar 31, 2024 | 21.34 Mn |
| Dec 31, 2023 | 23.97 Mn |
| Sep 30, 2023 | 25.39 Mn |
| Jun 30, 2023 | 26.91 Mn |
| Mar 31, 2023 | 14.01 Mn |
| Dec 31, 2022 | 13.29 Mn |
| Sep 30, 2022 | 22.33 Mn |
| Jun 30, 2022 | 24.77 Mn |
| Mar 31, 2022 | 25.61 Mn |
| Dec 31, 2021 | 27.33 Mn |
| Sep 30, 2021 | 33.00 Mn |
API Access
Ligand Pharmaceuticals Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=LGND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "LGND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=LGND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();