Ligand Pharmaceuticals (LGND) Net Cash Flow (2010 - 2026)
Ligand Pharmaceuticals' Net Cash Flow was $891.57 million in Q2 2026, compared with $20.13 million a year earlier.
Ligand Pharmaceuticals (LGND) Net Cash Flow (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ligand Pharmaceuticals' Net Cash Flow was $937.21 million through Jun 30, 2026; for FY2025, it was $100.26 million, up 98.4% from FY2024.
- In earlier years, Net Cash Flow was $50.52 million in FY2024, -$22.05 million in FY2023, $25.48 million in FY2022 and -$28.44 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Net Cash Flow in data going back to Q3 2010.
- Per Business Quant data, LGND's Net Cash Flow in the three quarters before Q2 2026 was -$59.79 million (Q1 2026), $36.14 million (Q4 2025) and $69.29 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | -1.27 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | -2.82 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 1.53 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 757.00 Mn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 1.62 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 1.95 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | -4.43 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | -722.00 Mn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 652.90 Mn |
| 10 | Ligand Pharmaceuticals | 6.22 Bn | 2.69 Bn | - | 891.57 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 891.57 Mn |
| Mar 31, 2026 | -59.79 Mn |
| Dec 31, 2025 | 36.14 Mn |
| Sep 30, 2025 | 69.29 Mn |
| Jun 30, 2025 | 20.13 Mn |
| Mar 31, 2025 | -25.30 Mn |
| Dec 31, 2024 | 10.24 Mn |
| Sep 30, 2024 | 45.10 Mn |
| Jun 30, 2024 | -31.95 Mn |
| Mar 31, 2024 | 27.14 Mn |
| Dec 31, 2023 | 3.10 Mn |
| Sep 30, 2023 | -8.59 Mn |
| Jun 30, 2023 | -60.28 Mn |
| Mar 31, 2023 | 43.72 Mn |
| Dec 31, 2022 | 40.89 Mn |
| Sep 30, 2022 | -1.16 Mn |
| Jun 30, 2022 | -9.71 Mn |
| Mar 31, 2022 | -4.53 Mn |
| Dec 31, 2021 | -3.91 Mn |
| Sep 30, 2021 | 1.42 Mn |
Ligand Pharmaceuticals Net Cash Flow 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=net-cash-flow&ticker=LGND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=LGND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();