State Ledger
Company profile

LIGAND PHARMACEUTICALS INC CIK 886163

Tickers
LGND (Nasdaq) · LGNDZ (OTC) · LGNXZ (OTC) · LGNYZ (OTC) · LGNZZ (OTC)
Industry
Pharmaceutical Preparations
Headquarters
San Diego, CA 92121
Fiscal year end
2025 (FY)
Market Data
Close
$311.62
Change
+$9.55
Change %
3.16%
Volume
9,563

LGND · trading date Oct 12, 2026 · previous close $302.07 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$268.09M
Net income
$124.45M
Total assets
$1.56B
Total liabilities
$543.43M
Stockholders' equity
$1.02B
Cash & equivalents
$174.93M
Operating income
$41.00M
Operating cash flow
$49.36M
Capital expenditures
$452.0K

Fiscal year 2025, via 10-K filed 2026-02-27. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
15.3%
Net margin
46.4%
Free cash flow
$48.91M
Free cash flow margin
18.2%
Liabilities / assets
34.8%
Equity / assets
65.2%
CapEx / revenue
0.2%
Operating cash flow / net income
0.40×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $268.09M $124.45M $1.56B $543.43M $1.02B
2024 $167.13M -$4.03M $941.77M $111.34M $830.44M
2023 $131.31M $52.15M $787.22M $86.30M $700.91M
2022 $196.25M -$33.36M $762.67M $165.18M $597.49M
2021 $241.54M $57.14M $1.30B $476.43M $821.16M
Company Details
SIC code
2834
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-14
Financials filed via
Form 10-K
filed 2026-02-27

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
San Diego, CA 92121
3911 SORRENTO VALLEY BLVD
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:14 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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