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
DateValue
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