Ligand Pharmaceuticals Incorporated
LGND Healthcare Biotechnology
Ligand Pharmaceuticals Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $268.1 million, up 60.4% from fiscal 2024.
- Revenue
- −31.8%
- EPS
- −123.9%
- Free cash flow
- −268.5%
- Total debt
- +52.6%
Quarter to September 2026, against a year earlier
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Ligand Pharmaceuticals Incorporated (LGND) Net margin
Ligand Pharmaceuticals Incorporated's net margin over the twelve months to 30 September 2026 was 20.3%, down 26.2 percentage points from fiscal 2025 (46.4%). Over the past ten years it has ranged from −17.0% (fiscal 2022) to 523.2% (fiscal 2019); the current reading is higher than 73% of that period. That is above the Biotechnology industry median of 0.00% and above the Healthcare sector median of 0.00%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 46.4% | 48.83 |
| FY2024 | −2.41% | (42.13) |
| FY2023 | 39.7% | 56.72 |
| FY2022 | −17.0% | (40.66) |
| FY2021 | 23.7% | 25.48 |
| FY2020 | −1.82% | (525.01) |
| FY2019 | 523.2% | 466.19 |
| FY2018 | 57.0% | 48.10 |
| FY2017 | 8.90% | 10.40 |
| FY2016 | −1.50% | (321.08) |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Sep 2026 | −36.2% | (112.33) |
| Jun 2026 | 76.2% | 101.96 |
| Mar 2026 | −25.8% | (100.86) |
| Dec 2025 | 75.1% | (26.51) |
| 43 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| LGND Ligand Pharmaceuticals Incorporated | 20.3% |
| KOD Kodiak Sciences Inc. compare | 0.00% |
| ORKA Oruka Therapeutics, Inc. compare | 0.00% |
| IMVT Immunovant, Inc. compare | 0.00% |
| BLTE Belite Bio, Inc. Sponsored ADR compare | 0.00% |
| PTCT PTC Therapeutics, Inc. compare | −9.17% |
| IONS Ionis Pharmaceuticals, Inc. compare | −64.7% |
| MIRM Mirum Pharmaceuticals, Inc. compare | −134.8% |
| CGON CG Oncology, Inc. compare | −3,602.7% |
| Biotechnology industry median | 0.00% |
| Healthcare sector median | 0.00% |
| Market median | 1.06% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on LGND
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement