Ligand Pharmaceuticals (LGND) Revenue (2010 - 2026)
Ligand Pharmaceuticals' (LGND) quarterly Revenue came in at $51.7 million in Q1 2026, up 14.09% year-on-year from $45.3 million in Q1 2025, and down 13.31% quarter-over-quarter from $59.7 million in Q4 2025.
Ligand Pharmaceuticals (LGND) Revenue (2010 - 2026) Analysis & Trends
Ligand Pharmaceuticals has disclosed Revenue across 17 years of filings, most recently posting $51.7 million for Q1 2026.
- Revenue for Q1 2026 came in at $51.7 million, up 14.09% year-over-year; the trailing twelve-month figure through Mar 2026 was $274.5 million (up 51.24% YoY), and the FY2025 annual result was $268.1 million, up 60.4% from the prior year.
- Revenue came in at $51.7 million for Q1 2026 at Ligand Pharmaceuticals, down from $59.7 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $115.5 million in Q3 2025 to a low of $26.4 million in Q2 2023.
- The 5-year median for Revenue is $45.3 million (2025), against an average of $47.9 million.
- Across the five-year window, Revenue tumbled 47.4% in 2023 and surged 122.85% in 2025, its largest moves.
- Ligand Pharmaceuticals' Revenue stood at $50.4 million in 2022, then sank by 44.22% to $28.1 million in 2023, then jumped by 52.35% to $42.8 million in 2024, then jumped by 39.37% to $59.7 million in 2025, then dropped by 13.31% to $51.7 million in 2026.
- The last three Revenue figures came in at $51.7 million (Q1 2026), $59.7 million (Q4 2025), and $115.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 814,307.08 Bn | 814,307.05 Bn | - | 5.21 Mn |
| 2 | Belite Bio | 55,320.00 Bn | 55,320.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,149.72 Bn | 17,149.72 Bn | - | - |
| 4 | Legend Biotech | 3,590.00 Bn | 3,589.71 Bn | 242.10 Mn | 306.30 Mn |
| 5 | Akari Therapeutics | 1,650.72 Bn | 1,650.72 Bn | - | - |
| 6 | Evaxion A | 1,522.09 Bn | 1,522.07 Bn | - | - |
| 7 | Psyence Biomedical | 229.39 Bn | 229.38 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 113.09 Bn | 105.85 Bn | 2.59 Bn | 2.99 Bn |
| 9 | Abivax | 90.15 Bn | 90.15 Bn | - | - |
| 10 | Ligand Pharmaceuticals | 5.07 Bn | 4.29 Bn | 48.45 Mn | 51.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 51.72 Mn |
| Dec 31, 2025 | 59.67 Mn |
| Sep 30, 2025 | 115.46 Mn |
| Jun 30, 2025 | 47.63 Mn |
| Mar 31, 2025 | 45.33 Mn |
| Dec 31, 2024 | 42.81 Mn |
| Sep 30, 2024 | 51.81 Mn |
| Jun 30, 2024 | 41.53 Mn |
| Mar 31, 2024 | 30.98 Mn |
| Dec 31, 2023 | 28.10 Mn |
| Sep 30, 2023 | 32.87 Mn |
| Jun 30, 2023 | 26.37 Mn |
| Mar 31, 2023 | 43.98 Mn |
| Dec 31, 2022 | 50.38 Mn |
| Sep 30, 2022 | 59.22 Mn |
| Jun 30, 2022 | 50.13 Mn |
| Mar 31, 2022 | 36.52 Mn |
| Dec 31, 2021 | 56.40 Mn |
| Sep 30, 2021 | 59.69 Mn |
| Jun 30, 2021 | 78.85 Mn |