Ligand Pharmaceuticals (LGND) Tax Provisions (2010 - 2026)
Ligand Pharmaceuticals (LGND) reported Tax Provisions of -$10.9 million for Q1 2026, down 41.21% on a YoY basis from -$18.6 million in Q1 2025, and down 190.98% sequentially from $12.0 million in Q4 2025.
Ligand Pharmaceuticals (LGND) Tax Provisions (2010 - 2026) Analysis & Trends
Ligand Pharmaceuticals (LGND) has 17 years of Tax Provisions data on file, last reported at -$10.9 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 41.21% year-over-year to -$10.9 million; the trailing twelve-month figure through Mar 2026 stood at $31.3 million (up 209.95% YoY), and the FY2025 full-year result was $34.5 million, up 426.82% from the prior year.
- Tax Provisions eased to -$10.9 million in Q1 2026, from $12.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $38.7 million in Q4 2022 to a low of -$13.5 million in Q2 2024.
- A 5-year average of $4.8 million and a median of $881000.0 in 2023 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions slumped 1629.97% in 2024 and jumped 2764.83% in 2025, its largest moves.
- Tracing LGND's Tax Provisions over 5 years: stood at $38.7 million in 2022, then slumped by 102.82% to -$1.1 million in 2023, then tumbled by 643.54% to -$8.1 million in 2024, then soared by 247.88% to $12.0 million in 2025, then slumped by 190.98% to -$10.9 million in 2026.
- Business Quant data shows LGND's Tax Provisions at -$10.9 million in Q1 2026, $12.0 million in Q4 2025, and $23.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | 125,146.46 |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 31.86 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | 188,883.60 |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 221.50 Mn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 104.00 Mn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 179.00 Mn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Ligand Pharmaceuticals | 6.05 Bn | 5.27 Bn | 48.45 Mn | -10.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.91 Mn |
| Dec 31, 2025 | 12.00 Mn |
| Sep 30, 2025 | 23.86 Mn |
| Jun 30, 2025 | 6.38 Mn |
| Mar 31, 2025 | -7.73 Mn |
| Dec 31, 2024 | -8.11 Mn |
| Sep 30, 2024 | 833,000.00 |
| Jun 30, 2024 | -13.48 Mn |
| Mar 31, 2024 | 27.31 Mn |
| Dec 31, 2023 | -1.09 Mn |
| Sep 30, 2023 | -1.87 Mn |
| Jun 30, 2023 | 881,000.00 |
| Mar 31, 2023 | 11.92 Mn |
| Dec 31, 2022 | 38.67 Mn |
| Sep 30, 2022 | 2.71 Mn |
| Jun 30, 2022 | -3.94 Mn |
| Mar 31, 2022 | 3.79 Mn |
| Dec 31, 2021 | 4.08 Mn |
| Sep 30, 2021 | 1.54 Mn |
| Jun 30, 2021 | 2.58 Mn |