Companies/Ligand Pharmaceuticals Incorporated
Company profile

Ligand Pharmaceuticals Incorporated

NASDAQ: LGND · Healthcare · Biotechnology
PublicHQ Jupiter, CACIK 0000886163Reports USD
#260 of 1,420 Healthcare companies by revenuetop-quartile growth
EA Score
80B+
Revenue TTM
$274.5M
Rev growth YoY (TTM)
+51.2%
Net income (FY)
$124.5M
Employees
47
as of 2026-08-06
Market cap
$6.1B
as of 2026-08-06

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$268.1M$268.1M2025
Net income$124.5M$124.5M2025
Operating income$41.0M$41.0M2025
Total assets$1.6B$1.6B2025
Liabilities$543.4M$543.4M2025
Equity$1.0B$1.0B2025

Revenue trend

FY2021 – FY2025 · USD
FY21
FY22
FY22
FY22
FY22
FY23
FY24
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Royalty33%
Intangible Royalty Assets27%
Contract Revenue14%
Material Sales, Captisol, Core8%
Royalty, Kyprolis7%
Financial Royalty Assets6%
By geography

Not disclosed.

The read

What is Ligand Pharmaceuticals Incorporated’s revenue?

Ligand Pharmaceuticals Incorporated booked $268.1M in FY2025 revenue, growing 60% year over yearfaster than most Healthcare companies we track, at a 46.4% net margin.

Key facts
CEOTodd C. Davis
SectorHealthcare
IndustryBiotechnology
HeadquartersJupiter, CA
ExchangeNASDAQ: LGND
Employees47
IPO date1992-11-18
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.