Ligand Pharmaceuticals (LGND) Share-based Compensation (2010 - 2026)
Ligand Pharmaceuticals (LGND) posted Share-based Compensation of -$23.0 million for Q4 2025, down 255.84% sequentially from $14.7 million in Q3 2025, and down 158.44% YoY from $39.3 million in Q4 2024.
Ligand Pharmaceuticals (LGND) Share-based Compensation (2010 - 2026) Analysis & Trends
Ligand Pharmaceuticals has reported Share-based Compensation for 16 years, with the latest figure at -$23.0 million in Q4 2025.
- Quarterly Share-based Compensation fell 158.44% year-over-year to -$23.0 million in Q4 2025, while the trailing twelve-month figure through Mar 2026 was $1.8 million (down 97.34% YoY) and the FY2025 annual result came in at $9.6 million, down 76.64% from the prior year.
- Share-based Compensation eased to -$23.0 million in Q4 2025 per LGND's latest filing, from $14.7 million in the prior quarter.
- Over five years, Share-based Compensation peaked at $39.3 million in Q4 2024 and troughed at -$31.1 million in Q4 2022.
- A 5-year average of $4.4 million and a median of $5.9 million in 2021 frame the typical range for Share-based Compensation.
- The sharpest annual moves came in 2023 and 2024: Share-based Compensation tumbled 7025.0% in 2023, then jumped 366.19% in 2024.
- Over 5 years, Share-based Compensation stood at -$22.4 million in 2021, then plunged by 39.29% to -$31.1 million in 2022, then jumped by 86.66% to -$4.2 million in 2023, then jumped by 1046.33% to $39.3 million in 2024, then plunged by 158.44% to -$23.0 million in 2025.
- According to Business Quant data, Share-based Compensation over the past three periods registered -$23.0 million, $14.7 million, and $10.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | 108.10 Mn |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 243.00 Mn |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | - |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | 277.20 Mn |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 137.41 Mn |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | 590,899.88 |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | - |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | 86.63 Mn |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | 41.25 Mn |
| 10 | Ligand Pharmaceuticals | 5.87 Bn | 4.51 Bn | 60.48 Mn | 13.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.65 Mn |
| Jun 30, 2026 | 13.65 Mn |
| Mar 31, 2026 | 21.73 Mn |
| Mar 31, 2026 | 21.73 Mn |
| Dec 31, 2025 | -22.98 Mn |
| Dec 31, 2025 | -22.98 Mn |
| Sep 30, 2025 | 14.75 Mn |
| Sep 30, 2025 | 14.75 Mn |
| Jun 30, 2025 | 10.00 Mn |
| Jun 30, 2025 | 10.00 Mn |
| Mar 31, 2025 | 828,000.00 |
| Mar 31, 2025 | 828,000.00 |
| Dec 31, 2024 | 39.32 Mn |
| Dec 31, 2024 | 39.32 Mn |
| Sep 30, 2024 | 15.17 Mn |
| Sep 30, 2024 | 15.17 Mn |
| Jun 30, 2024 | 11.06 Mn |
| Jun 30, 2024 | 11.06 Mn |
| Jun 30, 2023 | -4.16 Mn |
| Jun 30, 2023 | -4.16 Mn |