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

306.43 7.43 +2.48%
Market cap
$6.0B
P/E
116×
Fwd P/E
88.3×
Dividend yield
—
F-score
6/9
Altman Z
5.45
Beneish M
−4.02
Dividend safety
n/a

Ligand Pharmaceuticals Incorporated (LGND) Shares outstanding

Alert me on Shares outstanding

Ligand Pharmaceuticals Incorporated's shares outstanding at the end of fiscal 2025 was $20.3M, up 11.0% from $18.3M in fiscal 2024. At the end of the quarter to 30 September 2026 it was $20.0M. Over the past ten years it has ranged from $16.8M (fiscal 2020) to $24.1M (fiscal 2018); the current reading is higher than 64% of that period. Ligand Pharmaceuticals Incorporated ranks 402nd of 600 Biotechnology companies by shares outstanding.

Shares outstanding, annual

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Annual newest first

Period Shares outstanding Change
FY2025 $20.3M 10.96%
FY2024 $18.3M 3.00%
FY2023 $17.8M 5.27%
FY2022 $16.9M (2.19%)
FY2021 $17.2M 2.50%
FY2020 $16.8M (14.84%)
FY2019 $19.8M (17.91%)
FY2018 $24.1M 2.50%
FY2017 $23.5M 12.72%
FY2016 $20.8M (1.87%)

Quarterly newest first

Period Shares outstanding Change
Sep 2026 $20.0M (8.59%)
Jun 2026 $21.8M 9.83%
Mar 2026 $19.9M (2.03%)
Dec 2025 $20.3M (1.62%)
43 more quarters

Against its own ten years

Low $16.8M High $24.1M
Ten-year median $19.8M
Current reading's percentile 64

Shares outstanding against peers

What Shares outstanding is

Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.

Reported line item

The full definition of Shares outstanding →

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