Ligand Pharmaceuticals (LGND) Net Cash Flow (2010 - 2026)

Ligand Pharmaceuticals (LGND) reported Net Cash Flow of -$59.8 million for Q1 2026, down 136.34% on a YoY basis from $164.5 million in Q1 2025, and down 265.43% sequentially from $36.1 million in Q4 2025.

Ligand Pharmaceuticals (LGND) Net Cash Flow (2010 - 2026) Analysis & Trends

Ligand Pharmaceuticals (LGND) has 17 years of Net Cash Flow data on file, last reported at -$59.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Cash Flow fell 136.34% year-over-year to -$59.8 million; the trailing twelve-month figure through Mar 2026 stood at $65.8 million (up 3538.0% YoY), and the FY2025 full-year result was $100.3 million, up 98.44% from the prior year.
  • Net Cash Flow fell to -$59.8 million in Q1 2026, from $36.1 million in the prior quarter.
  • In the past five years, Net Cash Flow ranged from a high of $69.3 million in Q3 2025 to a low of -$60.3 million in Q2 2023.
  • A 5-year average of $5.6 million and a median of $3.1 million in 2023 frame the typical range for Net Cash Flow.
  • Across the five-year window, Net Cash Flow soared 1146.58% in 2022 and sank 637.71% in 2023, its largest moves.
  • Tracing LGND's Net Cash Flow over 5 years: stood at $40.9 million in 2022, then slumped by 92.43% to $3.1 million in 2023, then jumped by 230.62% to $10.2 million in 2024, then jumped by 253.08% to $36.1 million in 2025, then tumbled by 265.43% to -$59.8 million in 2026.
  • Business Quant data shows LGND's Net Cash Flow at -$59.8 million in Q1 2026, $36.1 million in Q4 2025, and $69.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - 10.56 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 224.46 Mn
4 NuCana 279.75 Bn 279.75 Bn - -1.34 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 457.40 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn -152.20 Mn
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 - 57.19 Mn
10 Ligand Pharmaceuticals 6.05 Bn 5.27 Bn 48.45 Mn -59.79 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -59.79 Mn
Mar 31, 2026 -59.79 Mn
Dec 31, 2025 36.14 Mn
Dec 31, 2025 36.14 Mn
Sep 30, 2025 69.29 Mn
Sep 30, 2025 69.29 Mn
Jun 30, 2025 20.13 Mn
Jun 30, 2025 20.13 Mn
Mar 31, 2025 -25.30 Mn
Mar 31, 2025 -25.30 Mn
Dec 31, 2024 10.24 Mn
Dec 31, 2024 10.24 Mn
Sep 30, 2024 45.10 Mn
Sep 30, 2024 45.10 Mn
Jun 30, 2024 -31.95 Mn
Jun 30, 2024 -31.95 Mn
Mar 31, 2024 27.14 Mn
Mar 31, 2024 27.14 Mn
Dec 31, 2023 3.10 Mn
Dec 31, 2023 3.10 Mn