Ligand Pharmaceuticals (LGND) Net Income (2010 - 2026)
Ligand Pharmaceuticals' (LGND) quarterly Net Income came in at -$13.3 million in Q1 2026, up 68.56% year-on-year from -$7.9 million in Q1 2025, and down 129.8% quarter-over-quarter from $44.8 million in Q4 2025.
Ligand Pharmaceuticals (LGND) Net Income (2010 - 2026) Analysis & Trends
Ligand Pharmaceuticals has disclosed Net Income across 15 years of filings, most recently posting -$13.3 million for Q1 2026.
- Net Income for Q1 2026 came in at -$13.3 million, up 68.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $153.6 million (up 308.81% YoY), and the FY2025 annual result was $124.5 million, up 3186.63% from the prior year.
- Net Income came in at -$13.3 million for Q1 2026 at Ligand Pharmaceuticals, down 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.
- The 5-year median for Net Income is -$3.0 million (2022), against an average of $4.6 million.
- Across the five-year window, Net Income tumbled 136.03% in 2022 and surged 244.06% in 2025, its largest moves.
- Ligand Pharmaceuticals' Net Income stood at -$3.0 million in 2022, then soared by 43.58% to -$1.7 million in 2023, then sank by 1767.15% to -$31.1 million in 2024, then soared by 244.06% to $44.8 million in 2025, then tumbled by 129.8% to -$13.3 million in 2026.
- The last three Net Income figures came in at -$13.3 million (Q1 2026), $44.8 million (Q4 2025), and $117.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | -26.94 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -2.97 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 30.80 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.40 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -14.46 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | -1.50 Mn |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.03 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -56.48 Mn |
| 10 | Ligand Pharmaceuticals | 5.47 Bn | 4.69 Bn | 48.45 Mn | -13.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |