Ligand Pharmaceuticals (LGND) Tax Rate (2010 - 2026)

Ligand Pharmaceuticals' (LGND) quarterly Tax Rate came in at 44.99% in Q1 2026, up 2959.0% year-on-year from 1.47% in Q1 2025, and up 112.95% quarter-over-quarter from 21.13% in Q4 2025.

Ligand Pharmaceuticals (LGND) Tax Rate (2010 - 2026) Analysis & Trends

Ligand Pharmaceuticals has disclosed Tax Rate across 17 years of filings, most recently posting 44.99% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 44.99%, up 2959.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.94% (down 74.0% YoY), and the FY2025 annual result was 21.71%, down 23842.0% from the prior year.
  • Tax Rate came in at 44.99% for Q1 2026 at Ligand Pharmaceuticals, up from 21.13% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 160.21% in Q4 2022 to a low of 45.47% in Q2 2022.
  • The 5-year median for Tax Rate is 20.69% (2024), against an average of 21.24%.
  • Across the five-year window, Tax Rate soared 17273 bps in 2022 and sank 16659 bps in 2023, its largest moves.
  • Ligand Pharmaceuticals' Tax Rate stood at 160.21% in 2022, then plunged by 104 bps to 6.38% in 2023, then jumped by 424 bps to 20.69% in 2024, then rose by 2 bps to 21.13% in 2025, then jumped by 113 bps to 44.99% in 2026.
  • The last three Tax Rate figures came in at 44.99% (Q1 2026), 21.13% (Q4 2025), and 16.91% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -57.14
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -6.79
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 5.61
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 17.68
9 Abivax 91.96 Bn 91.96 Bn - -
10 Ligand Pharmaceuticals 5.47 Bn 4.69 Bn 48.45 Mn 44.99

Historic Data

Download Data
DateValue
Mar 31, 2026 44.99%
Mar 31, 2026 44.99%
Dec 31, 2025 21.13%
Dec 31, 2025 21.13%
Sep 30, 2025 16.91%
Sep 30, 2025 16.91%
Jun 30, 2025 56.81%
Jun 30, 2025 56.81%
Mar 31, 2025 15.40%
Mar 31, 2025 15.40%
Dec 31, 2024 20.69%
Dec 31, 2024 20.69%
Sep 30, 2024 -13.14%
Sep 30, 2024 -13.14%
Jun 30, 2024 20.61%
Jun 30, 2024 20.61%
Mar 31, 2024 24.07%
Mar 31, 2024 24.07%
Dec 31, 2023 -6.38%
Dec 31, 2023 -6.38%