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Ligand Pharm (LGND)

Ligand Pharm (LGND)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Ligand, being a biotechnology company, focuses on developing/acquiring royalty revenue generating assets and coupling them with a lean corporate cost structure. Ligand's Captisol formulation technology has allowed it to enter into several licensing deals and generate royalties. Captisol is a well validated chemically modified cyclodextrin that is designed to improve safety and solubility, stability, and bioavailability or lessen the volatility, irritation, smell or taste of drugs. Ligand has merged with CyDex. By this, it added an antibody-generating platform, OmniAb, to the company's portfolio. Its other technology platforms include antigen discovery platform & protein expression platform. All these technologies have created a strong platform for Ligand to seek new licenses and partnerships. Ligand has partnership agreements with leading healthcare companies like Novartis, Amgen, Merck, Pfizer, Celgene, Gilead & Lilly, etc. The company continues to buy smaller companies to increase its technology platforms.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Jun, 2026 Mar, 2026 Dec, 2025 Sep, 2025 Jun, 2025
Sales 63,690 51,720 59,670 115,460 47,630
Sales Growth +23.14% -13.32% -48.32% +142.41% +5.07%
Net Income 48,510 -13,350 44,780 117,270 4,850
Net Income Growth +463.37% -129.81% -61.81% +2,317.94% +111.43%
(Values in U.S. Thousands) Jun, 2026 Mar, 2026 Dec, 2025 Sep, 2025 Jun, 2025
Total Assets 2,185,880 1,532,110 1,560,640 1,476,770 948,600
Total Assets Growth +42.67% -1.83% +5.68% +55.68% +4.77%
Total Liabilities 1,218,360 534,780 543,430 526,600 120,080
Total Liabilities Growth +127.82% -1.59% +3.20% +338.54% +9.26%
(Values in U.S. Thousands) Jun, 2026 Mar, 2026 Dec, 2025 Sep, 2025 Jun, 2025
Operating Cash Flow 72,710 48,690 49,360 3,440 -9,650
Operating Cash Flow Growth +49.33% -1.36% +1,334.88% +135.65% +62.08%
Net Cash Flow 831,780 -59,830 102,620 67,070 -4,640
Change in Net Cash Flow +1,490.24% -158.30% +53.00% +1,545.47% +80.92%
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