Ligand Pharmaceuticals Inc. (LGND) Financials

Key financial figures for Ligand Pharmaceuticals Inc. (Q2 2026).

Ligand Pharmaceuticals Incorporated reported revenue of $63.7 million for Q2 FY2026, up 33.7% from the same period a year earlier. Net income was $48.5 million, or $2.22 per share. Operating margin came to 13.49%, against 17.73% a year earlier. Free cash flow for the period was $24.0 million. Across the last 5 reported quarters, quarterly revenue has risen from $47.6 million in Q2 FY2025 to $63.7 million in Q2 FY2026. The figures above are as filed, and the full income statement, balance sheet and cash flow history for Ligand Pharmaceuticals Incorporated are on the SentiSense financials page.

Revenue
$64M
Net Income
$49M
EPS
$2.42
Total Assets
$2.2B
Operating Cash Flow
$24M

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q2 FY2026$64M$49M$2.2213.49%$24M
Q1 FY2026$52M-$13M-$0.6733.58%$48M
Q4 FY2025$60M$45M$2.1233.59%$46M
Q3 FY2025$115M$117M$5.6847.58%$13M
Q2 FY2025$48M$5M$0.2417.73%$16M

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2025$268M$124M$6.1317.61%$49M
FY2024$167M-$4M-$0.22-13.53%$77M
FY2023$131M$52M$2.949.09%-$4M

Frequently asked questions

What was Ligand Pharmaceuticals Incorporated's revenue last quarter?

Ligand Pharmaceuticals Incorporated reported revenue of $63.7 million for Q2 FY2026, up 33.7% from the same period a year earlier.

Is Ligand Pharmaceuticals Incorporated profitable?

Yes. Ligand Pharmaceuticals Incorporated reported net income of $48.5 million for Q2 FY2026, a net margin of 76.16% on revenue.

How has Ligand Pharmaceuticals Incorporated's margin trended?

Operating margin was 13.49% in Q2 FY2026, compared with 17.73% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.

How much free cash flow did Ligand Pharmaceuticals Incorporated generate?

Ligand Pharmaceuticals Incorporated generated free cash flow of $24.0 million in Q2 FY2026, after capital expenditure.

Full income statement, balance sheet and cash flow for Ligand Pharmaceuticals Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.