Ligand Pharmaceuticals (LGND) Operating Leases (2019 - 2026)

Ligand Pharmaceuticals (LGND) reported Operating Leases of $4.0 million for Q1 2026, up 399.12% on a YoY basis from $800000.0 in Q1 2025, and down 5.02% sequentially from $4.2 million in Q4 2025.

Ligand Pharmaceuticals (LGND) Operating Leases (2019 - 2026) Analysis & Trends

Ligand Pharmaceuticals (LGND) has 8 years of Operating Leases data on file, last reported at $4.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases rose 399.12% year-over-year to $4.0 million; the trailing twelve-month figure through Mar 2026 stood at $4.0 million (up 399.12% YoY), and the FY2025 full-year result was $4.2 million, down 41.24% from the prior year.
  • Operating Leases eased to $4.0 million in Q1 2026, from $4.2 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $37.3 million in Q3 2022 to a low of $800000.0 in Q1 2025.
  • A 5-year average of $10.2 million and a median of $6.3 million in 2024 frame the typical range for Operating Leases.
  • Across the five-year window, Operating Leases surged 520.18% in 2022 and slumped 84.59% in 2025, its largest moves.
  • Tracing LGND's Operating Leases over 5 years: stood at $11.1 million in 2022, then slumped by 47.95% to $5.8 million in 2023, then rose by 24.31% to $7.2 million in 2024, then slumped by 41.24% to $4.2 million in 2025, then slipped by 5.02% to $4.0 million in 2026.
  • Business Quant data shows LGND's Operating Leases at $4.0 million in Q1 2026, $4.2 million in Q4 2025, and $4.4 million in Q3 2025.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 3.99 Mn
Dec 31, 2025 4.20 Mn
Sep 30, 2025 4.42 Mn
Jun 30, 2025 4.63 Mn
Mar 31, 2025 800,000.00
Dec 31, 2024 7.15 Mn
Sep 30, 2024 6.27 Mn
Jun 30, 2024 6.42 Mn
Mar 31, 2024 5.19 Mn
Dec 31, 2023 5.76 Mn
Sep 30, 2023 5.83 Mn
Jun 30, 2023 10.99 Mn
Mar 31, 2023 11.18 Mn
Dec 31, 2022 11.06 Mn
Sep 30, 2022 37.30 Mn
Jun 30, 2022 29.59 Mn
Mar 31, 2022 18.70 Mn
Dec 31, 2021 2.26 Mn
Sep 30, 2021 13.65 Mn
Jun 30, 2021 4.77 Mn