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
DateValue
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