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

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

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

Ligand Pharmaceuticals has reported Operating Leases for 8 years, with the latest figure at $4.0 million in Q1 2026.

  • Quarterly Operating Leases rose 399.12% year-over-year to $4.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.0 million (up 399.12% YoY) and the FY2025 annual result came in at $4.2 million, down 41.24% from the prior year.
  • Operating Leases eased to $4.0 million in Q1 2026 per LGND's latest filing, from $4.2 million in the prior quarter.
  • Over five years, Operating Leases peaked at $37.3 million in Q3 2022 and troughed at $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.
  • The sharpest annual moves came in 2022 and 2025: Operating Leases jumped 520.18% in 2022, then plunged 84.59% in 2025.
  • Over 5 years, Operating Leases stood at $11.1 million in 2022, then sank by 47.95% to $5.8 million in 2023, then climbed by 24.31% to $7.2 million in 2024, then sank by 41.24% to $4.2 million in 2025, then fell by 5.02% to $4.0 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $4.0 million, $4.2 million, and $4.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn
7 Royalty Pharma 33.72 Bn 35.84 Bn -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn
10 Ligand Pharmaceuticals 5.87 Bn 4.51 Bn 60.48 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 3.78 Mn
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