Income Statement - LIGAND PHARMACEUTICALS INC (LGND)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 268.09 | 167.13 | 131.31 | 196.25 | 241.54 | 163.56 | 120.28 | 251.45 | 141.10 | 108.97 | 71.91 | 64.54 | 48.97 | 31.39 | 30.04 | 23.54 | 38.94 | 27.32 | 12.89 | 140.96 |
| Cost of revenue | 6.59 | 11.07 | 35.05 | 52.83 | 62.18 | 30.42 | 11.35 | 6.34 | 5.37 | 5.57 | 5.81 | 9.14 | 5.73 | 3.60 | 4.91 | 6.46 | 15.24 | 41.70 | 58.73 | 22.64 |
| Gross profit | 261.50 | 156.06 | 96.27 | 143.42 | 179.37 | 133.14 | 108.94 | 245.12 | 135.74 | 103.40 | 66.11 | 55.40 | 43.24 | 27.79 | 25.13 | 23.54 | 23.71 | 27.32 | 12.89 | 118.32 |
| Total operating expenses | 214.30 | 178.67 | 84.32 | 140.38 | 75.52 | 95.64 | -698.14 | 81.39 | 67.66 | 58.49 | 37.76 | 34.69 | 27.26 | 26.90 | 25.27 | 51.79 | 70.32 | 52.59 | 73.07 | 287.09 |
| Operating income | 47.20 | -22.61 | 11.94 | 3.04 | 103.85 | 37.50 | 807.08 | 163.73 | 68.08 | 43.89 | 27.33 | 19.63 | 14.94 | 0.57 | -0.70 | -29.30 | -9.97 | -97.28 | -60.18 | -168.77 |
| Non-operating income (net) | 111.76 | 25.12 | 51.72 | 32.97 | -31.65 | -36.21 | -10.44 | 9.60 | -10.85 | -35.93 | 8.00 | -8.32 | -5.74 | -4.44 | -2.23 | 13.90 | 0.10 | -0.24 | 6.72 | -5.50 |
| Income before tax | 158.96 | 2.52 | 63.66 | 36.01 | 72.21 | 1.29 | 796.64 | 173.33 | 57.23 | 7.96 | 35.33 | 11.30 | 9.21 | -3.87 | -2.93 | -15.40 | -9.87 | -97.52 | -53.46 | -174.27 |
| Income tax expense | 34.51 | 6.55 | 9.84 | 41.23 | -4.15 | -5.31 | 167.34 | 30.01 | 44.68 | 10.33 | -219.60 | 0.41 | 0.37 | -1.19 | -13.10 | -2.62 | -7.92 | -0.06 | -18.70 | -38.41 |
| Net income | 124.45 | -4.03 | 52.15 | -33.36 | 57.14 | -2.99 | 629.30 | 143.32 | 12.56 | -1.64 | 257.31 | 12.02 | 11.42 | -0.53 | 10.18 | -12.52 | -1.95 | -98.11 | 281.69 | -31.74 |
Show Quarterly Income Statement
Income Statement - LIGAND PHARMACEUTICALS INC (LGND)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 51.72 | 59.67 | 115.46 | 47.63 | 45.33 | 42.81 | 51.81 | 41.53 | 30.98 | 28.10 | 32.87 | 26.37 | 43.98 | 27.05 | 59.22 | 50.13 | 36.52 | 72.47 | 64.84 | 84.68 | 55.15 | 69.99 | 41.85 | 41.42 | 33.16 | 27.00 | 24.81 | 24.99 | 43.48 | 59.59 | 45.66 | 90.04 | 56.16 | 50.46 | 33.38 | 28.00 | 29.27 | 38.19 | 21.62 | 19.52 | 29.65 | 21.19 | 17.70 | 18.42 | 14.60 | 23.00 | 14.97 | 10.61 | 15.96 | 14.74 | 13.01 | 9.58 | 11.65 | 13.64 | 6.38 | 5.74 | 5.64 | 12.94 | 5.74 | 7.46 | 3.90 | 3.94 | 7.80 | 5.84 | 5.96 | 13.98 | 7.90 | 7.59 | 9.47 | 12.39 | 5.25 | 4.80 | 4.87 | 5.77 | 5.48 | 1.41 | 0.24 | 34.13 | 36.71 | 48.45 | 50.96 |
| Cost of revenue | 2.08 | -25.99 | 24.82 | 2.91 | 4.85 | 2.84 | 12.50 | -15.33 | 11.07 | 1.66 | 3.49 | 1.67 | 3.72 | 21.61 | 14.15 | 12.36 | 4.70 | 11.98 | 11.45 | 30.59 | 8.15 | 11.74 | 6.35 | 7.64 | 4.68 | 1.94 | 3.15 | 2.41 | 3.86 | 2.96 | 1.46 | 1.13 | 0.79 | 1.74 | 2.39 | 0.90 | 0.34 | 2.90 | 1.00 | 0.72 | 0.96 | 0.88 | 1.25 | 2.60 | 1.07 | 4.00 | 1.50 | 1.19 | 2.45 | 1.32 | 2.54 | 1.21 | 0.66 | 2.33 | 0.68 | 0.44 | 0.16 | 2.06 | 0.70 | 1.62 | 0.53 | 6.53 | 7.34 | 9.15 | -15.24 | -15.24 | 15.24 | 3.63 | 2.52 | 8.03 | 10.83 | 10.68 | 12.17 | 13.44 | 13.80 | 13.72 | 5.87 | 5.87 | 5.80 | 10.27 | 9.74 |
| Gross profit | 49.65 | 85.65 | 90.64 | 44.72 | 40.48 | 39.98 | 39.32 | 56.86 | 19.91 | 26.44 | 29.38 | 24.70 | 40.26 | 5.43 | 45.07 | 37.77 | 31.82 | 60.49 | 53.39 | 54.08 | 47.00 | 58.25 | 35.50 | 33.78 | 28.48 | 25.07 | 21.66 | 22.58 | 39.63 | 56.64 | 44.20 | 88.91 | 55.37 | 48.73 | 30.99 | 27.09 | 28.93 | 35.29 | 20.62 | 18.80 | 28.69 | 20.31 | 16.45 | 15.82 | 13.53 | 19.00 | 13.48 | 9.42 | 13.51 | 13.42 | 10.47 | 8.37 | 10.99 | 11.31 | 5.69 | 5.31 | 5.48 | 10.88 | 5.04 | 5.84 | 3.37 | 3.94 | 7.80 | 5.84 | 5.96 | 29.21 | -7.33 | 7.59 | 9.47 | 12.39 | 5.25 | 4.80 | 4.87 | 5.77 | 5.48 | 1.41 | 0.24 | 28.26 | 30.91 | 38.18 | 41.22 |
| Total operating expenses | 32.28 | 65.61 | 35.71 | 36.28 | 76.70 | 49.61 | 36.17 | 75.96 | 16.92 | 29.80 | 26.31 | 26.68 | 26.06 | -6.75 | 32.73 | 29.10 | 29.68 | 47.76 | 37.68 | 8.34 | 42.28 | 47.04 | 31.75 | 26.68 | 24.69 | 35.25 | 26.82 | 26.71 | 25.88 | 23.49 | 20.84 | 18.73 | 18.33 | 20.38 | 14.50 | 14.08 | 18.71 | 15.77 | 14.91 | 14.05 | 13.35 | 9.06 | 7.51 | 11.24 | 9.96 | 8.80 | 9.76 | 7.93 | 8.20 | 6.79 | 7.17 | 6.33 | 6.97 | 6.76 | 7.03 | 6.79 | 6.32 | 6.87 | 6.16 | 7.09 | 6.17 | 8.85 | 23.48 | 9.47 | 10.41 | 28.38 | 12.34 | 12.30 | 17.28 | 13.78 | 11.60 | 10.44 | 16.77 | 13.81 | 14.20 | 15.78 | 29.28 | 23.36 | 45.97 | 49.17 | 178.32 |
| Operating income | 17.37 | 20.04 | 54.93 | 8.44 | -36.22 | -9.64 | 3.14 | -19.10 | 2.99 | -3.36 | 3.08 | -1.98 | 14.21 | 12.18 | 12.34 | 8.66 | 2.13 | 12.73 | 15.71 | 45.74 | 4.72 | 11.21 | 3.75 | 7.10 | 3.79 | -10.18 | -5.16 | -4.13 | 826.54 | 33.15 | 23.36 | 70.18 | 37.04 | 28.35 | 16.49 | 13.02 | 10.22 | 19.36 | 5.47 | 4.38 | 15.10 | 11.02 | 8.60 | 4.37 | 3.35 | 9.64 | 3.53 | 1.36 | 5.10 | 6.43 | 3.07 | 1.51 | 3.93 | 4.39 | -1.32 | -1.73 | -0.77 | 5.73 | -3.40 | -0.81 | -2.22 | -5.96 | -15.68 | -3.63 | -4.03 | 1.26 | 0.77 | -4.66 | -7.32 | -73.39 | -6.36 | -5.63 | -11.90 | -8.04 | -8.72 | -14.37 | -29.04 | 4.89 | -15.07 | -10.99 | -137.10 |
| Non-operating income (net) | -41.63 | 36.74 | 86.21 | 2.78 | -13.96 | -29.56 | -9.48 | -46.29 | 110.46 | 20.46 | -15.22 | 5.15 | 41.33 | 43.75 | 0.01 | 0.00 | -11.28 | -19.76 | -0.45 | -12.44 | 1.05 | -7.84 | -15.36 | 21.02 | -34.20 | 2.00 | -14.71 | -13.90 | 16.17 | -89.94 | 55.86 | 25.40 | 18.27 | 2.32 | -4.42 | -4.72 | -4.02 | -12.13 | -4.66 | -14.02 | -5.53 | -5.19 | -1.31 | 17.93 | -3.42 | -2.63 | -2.63 | -0.12 | -2.95 | -4.42 | -1.05 | 2.29 | -2.56 | -3.44 | 1.27 | -2.00 | 0.24 | 0.27 | -0.49 | 0.04 | -2.07 | 4.38 | 4.24 | 3.96 | 1.31 | -0.22 | 0.28 | 0.18 | -0.16 | -0.58 | 0.22 | -0.29 | 0.40 | -0.20 | 1.50 | 2.46 | 2.96 | -0.39 | -1.90 | -4.95 | -5.11 |
| Income before tax | -24.26 | 56.78 | 141.14 | 11.22 | -50.18 | -39.20 | -6.34 | -65.39 | 113.45 | 17.10 | -12.14 | 3.17 | 55.54 | 55.93 | 12.35 | 8.66 | -9.14 | -7.03 | 15.26 | 33.30 | 5.76 | 3.37 | -11.61 | 28.12 | -30.42 | -8.18 | -19.87 | -18.03 | 842.71 | -56.79 | 79.23 | 95.58 | 55.31 | 30.67 | 12.07 | 8.30 | 6.19 | 7.23 | 0.80 | -9.64 | 9.57 | 5.83 | 7.28 | 22.29 | -0.07 | 7.01 | 0.90 | 1.24 | 2.15 | 2.01 | 2.03 | 3.80 | 1.37 | 0.95 | -0.05 | -3.73 | -0.52 | 6.00 | -3.88 | -0.77 | -4.29 | -1.59 | -11.44 | 0.34 | -2.72 | 1.03 | 1.06 | -4.48 | -7.48 | -73.96 | -6.13 | -5.92 | -11.50 | -8.24 | -7.22 | -11.91 | -26.08 | 4.51 | -16.97 | -15.94 | -142.21 |
| Income tax expense | -10.91 | 12.00 | 23.86 | 6.38 | -7.73 | -8.11 | 0.83 | -13.48 | 27.31 | -1.09 | -1.87 | 0.88 | 11.92 | 45.27 | 2.71 | -3.94 | 3.79 | -1.61 | 1.54 | 2.58 | -12.34 | -2.39 | -4.91 | 6.03 | -6.28 | -0.81 | -4.62 | -3.61 | 176.38 | -14.31 | 11.86 | 22.42 | 10.03 | 37.68 | 3.65 | 2.24 | 1.11 | 10.36 | 0.16 | -3.88 | 3.69 | -0.52 | -217.26 | 0.27 | 0.02 | 0.28 | 0.12 | -0.05 | 0.05 | 0.14 | 0.06 | 0.11 | 0.07 | -1.64 | 0.14 | 0.34 | -0.04 | 0.50 | 0.02 | 0.14 | -13.78 | -3.94 | 0.42 | 0.63 | 0.27 | -1.54 | -0.75 | -4.48 | -2.37 | -0.23 | 2.99 | -1.03 | -1.78 | -2.92 | -2.36 | -4.23 | -9.19 | -36.12 | -0.83 | 0.02 | 0.02 |
| Net income | -13.35 | 44.78 | 117.27 | 4.85 | -42.45 | -31.09 | -7.17 | -51.91 | 86.14 | 18.19 | -10.27 | 2.29 | 41.95 | -17.49 | 0.40 | -0.90 | -15.39 | -5.42 | 13.72 | 30.73 | 18.11 | 5.76 | -6.70 | 22.09 | -24.13 | -7.37 | -15.25 | -14.42 | 666.34 | -42.48 | 67.36 | 73.16 | 45.28 | -7.01 | 8.43 | 6.06 | 5.08 | -3.13 | 0.64 | -5.76 | 6.61 | 6.34 | 199.17 | 23.56 | 0.75 | 7.06 | 1.28 | 1.59 | 2.10 | 1.87 | 1.97 | 6.09 | 1.50 | 1.06 | -0.19 | -2.27 | 1.13 | 5.50 | -3.91 | -0.91 | 9.63 | 4.50 | -11.84 | -0.28 | -2.75 | 3.04 | 1.80 | -1.67 | -5.12 | -69.63 | -18.13 | -6.43 | -3.93 | 5.94 | 1.25 | 0.18 | 274.32 | 141.36 | -14.92 | -15.96 | -142.23 |