Ligand Pharmaceuticals (LGND) Net Income (2010 - 2026)

Ligand Pharmaceuticals (LGND) reported Net Income of -$13.3 million for Q1 2026, up 68.56% on a YoY basis from -$7.9 million in Q1 2025, and down 129.8% sequentially from $44.8 million in Q4 2025.

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

Ligand Pharmaceuticals (LGND) has 15 years of Net Income data on file, last reported at -$13.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Income rose 68.56% year-over-year to -$13.3 million; the trailing twelve-month figure through Mar 2026 stood at $153.6 million (up 308.81% YoY), and the FY2025 full-year result was $124.5 million, up 3186.63% from the prior year.
  • Net Income fell to -$13.3 million in Q1 2026, from $44.8 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $117.3 million in Q3 2025 to a low of -$42.5 million in Q1 2025.
  • A 5-year average of $4.6 million and a median of -$3.0 million in 2022 frame the typical range for Net Income.
  • Across the five-year window, Net Income sank 136.03% in 2022 and surged 244.06% in 2025, its largest moves.
  • Tracing LGND's Net Income over 5 years: stood at -$3.0 million in 2022, then surged by 43.58% to -$1.7 million in 2023, then slumped by 1767.15% to -$31.1 million in 2024, then surged by 244.06% to $44.8 million in 2025, then plunged by 129.8% to -$13.3 million in 2026.
  • Business Quant data shows LGND's Net Income at -$13.3 million in Q1 2026, $44.8 million in Q4 2025, and $117.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -37.09 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 227.36 Mn
4 NuCana 279.75 Bn 279.75 Bn - -3.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.03 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 727.20 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -26.94 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 362.00 Mn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -453.82 Mn
10 Ligand Pharmaceuticals 6.05 Bn 5.27 Bn 48.45 Mn -13.35 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.35 Mn
Dec 31, 2025 44.78 Mn
Sep 30, 2025 117.27 Mn
Jun 30, 2025 4.85 Mn
Mar 31, 2025 -42.45 Mn
Dec 31, 2024 -31.09 Mn
Mar 31, 2023 -1.67 Mn
Dec 31, 2022 -2.95 Mn
Sep 30, 2022 -9.24 Mn
Jun 30, 2022 -13.49 Mn
Mar 31, 2022 -2.46 Mn
Dec 31, 2021 -2.22 Mn
Sep 30, 2021 -6.62 Mn
Jun 30, 2021 -5.72 Mn
Mar 31, 2021 -4.66 Mn
Dec 31, 2020 17.59 Mn
Sep 30, 2020 -6.70 Mn
Jun 30, 2020 22.09 Mn
Mar 31, 2020 -24.13 Mn
Dec 31, 2019 -7.37 Mn