Ligand Pharmaceuticals (LGND) Revenue (2010 - 2026)
Ligand Pharmaceuticals (LGND) posted Revenue of $51.7 million for Q1 2026, down 13.31% sequentially from $59.7 million in Q4 2025, and up 14.09% YoY from $45.3 million in Q1 2025.
Analysis
Ligand Pharmaceuticals (LGND) Revenue (2010 - 2026) Analysis & Trends
Ligand Pharmaceuticals has reported Revenue for 17 years, with the latest figure at $51.7 million in Q1 2026.
- Quarterly Revenue rose 14.09% year-over-year to $51.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $274.5 million (up 51.24% YoY) and the FY2025 annual result came in at $268.1 million, up 60.4% from the prior year.
- Revenue retreated to $51.7 million in Q1 2026 per LGND's latest filing, from $59.7 million in the prior quarter.
- Over five years, Revenue peaked at $115.5 million in Q3 2025 and troughed at $26.4 million in Q2 2023.
- A 5-year average of $47.9 million and a median of $45.3 million in 2025 frame the typical range for Revenue.
- The sharpest annual moves came in 2023 and 2025: Revenue tumbled 47.4% in 2023, then jumped 122.85% in 2025.
- Over 5 years, Revenue stood at $50.4 million in 2022, then sank by 44.22% to $28.1 million in 2023, then soared by 52.35% to $42.8 million in 2024, then soared by 39.37% to $59.7 million in 2025, then fell by 13.31% to $51.7 million in 2026.
- According to Business Quant data, Revenue over the past three periods registered $51.7 million, $59.7 million, and $115.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 140.22 Bn | 132.37 Bn | 2.84 Bn | 3.33 Bn |
| 2 | Regeneron Pharmaceuticals | 86.04 Bn | 78.05 Bn | 3.93 Bn | 4.29 Bn |
| 3 | Argenx Se | 63.70 Bn | 58.52 Bn | 1.37 Bn | 1.52 Bn |
| 4 | Moderna | 57.56 Bn | 52.42 Bn | 52.00 Mn | 145.00 Mn |
| 5 | Revolution Medicines | 44.05 Bn | 44.05 Bn | - | - |
| 6 | BeOne Medicines | 40.16 Bn | 35.06 Bn | 1.53 Bn | 1.71 Bn |
| 7 | Alnylam Pharmaceuticals | 35.63 Bn | 32.32 Bn | 992.69 Mn | 1.29 Bn |
| 8 | Royalty Pharma | 28.63 Bn | 27.79 Bn | - | 674.14 Mn |
| 9 | Insmed | 27.73 Bn | 26.57 Bn | 358.27 Mn | 425.49 Mn |
| 10 | Ligand Pharmaceuticals | 5.75 Bn | 4.39 Bn | 60.48 Mn | 63.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.69 Mn |
| 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 |