LIGAND PHARMACEUTICALS INCORPORATED (LGND) FY2026 YTD Q2 P&L / Income Statement

Revenue by Product and Service (14 categories)

2026-01-01 to 2026-06-30

Swipe to see the full flow
LIGAND PHARMACEUTICALS INCORPORATED (LGND) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 through 2026-06-30. View: Product and service (14 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETFilspariCaptisolKyprolisQarzibaOhtuvayreRylazeOhtuvayre inventorsIncomeCapvaxiveVaxneuvanceContract revenueTeriparatide injectionOtherOtherTotal revenues and incomeGross profit (calculated)Cost of revenue (calculated)Amortization of intangiblesCost of CaptisolOperating income (loss)Operating expenses (calculated)General and administrativeResearch and developmentTotal non-operating income (expenses), netIncome (loss) before income taxesNet income (loss)Income tax (expense) benefitTotal non-operating income (expenses), netTotal non-operatingincome(expenses), net$14.09 MIncome (loss) before income taxesIncome (loss)before income taxes$40.05 MTotal revenues and incomeTotal revenuesand income$115.42 MGross profit (calculated)Gross profit(calculated)$92.73 MOperating income (loss)Operatingincome (loss)$25.96 MNet income (loss)Net income (loss)$35.16 MFilspariFilspari$24.89 MOperating expenses (calculated)Operating expenses(calculated)$66.78 MCaptisolCaptisol$16.63 MIncome tax (expense) benefitIncome tax(expense) benefit$4.88 MKyprolisKyprolis$13.78 MGeneral and administrativeGeneral and administrative$49.96 MQarzibaQarziba$12.45 MCost of revenue (calculated)Cost of revenue(calculated)$22.68 MOhtuvayreOhtuvayre$7.13 MResearch and developmentResearch and development$16.82 MRylazeRylaze$6.42 MAmortization of intangiblesAmortizationof intangibles$16.19 MOhtuvayre inventorsOhtuvayre inventors$6.34 MCost of CaptisolCost of Captisol$6.49 MIncomeIncome$5.00 MCapvaxiveCapvaxive$4.29 MVaxneuvanceVaxneuvance$2.96 MContract revenueContract revenue$2.79 MTeriparatide injectionTeriparatide injection$2.79 MOtherOther$8.03 MOtherOther$1.91 M
Chart details

LIGAND PHARMACEUTICALS INCORPORATED (LGND) FY2026 YTD Q2 P&L / Income Statement

Income statement for 2026-01-01 through 2026-06-30. View: Product and service (14 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues and income
115,415,000 US dollars
Cost of revenue (calculated)
22,681,000 US dollars
Gross profit (calculated)
92,734,000 US dollars
Operating expenses (calculated)
66,775,000 US dollars
Operating income (loss)
25,959,000 US dollars
Total non-operating income (expenses), net
14,086,000 US dollars
Income (loss) before income taxes
40,045,000 US dollars
Income tax (expense) benefit
4,882,000 US dollars
Net income (loss)
35,163,000 US dollars
Contract revenue
2,793,000 US dollars
Income
5,000,000 US dollars
Qarziba
12,449,000 US dollars
Ohtuvayre inventors
6,341,000 US dollars
Other
1,907,000 US dollars
Filspari
24,889,000 US dollars
Kyprolis
13,784,000 US dollars
Ohtuvayre
7,131,000 US dollars
Rylaze
6,422,000 US dollars
Capvaxive
4,285,000 US dollars
Vaxneuvance
2,961,000 US dollars
Teriparatide injection
2,791,000 US dollars
Other
8,030,000 US dollars
Captisol
16,632,000 US dollars
Cost of Captisol
6,487,000 US dollars
Amortization of intangibles
16,194,000 US dollars
Research and development
16,816,000 US dollars
General and administrative
49,959,000 US dollars
Fair value adjustments to partner program derivatives
0 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
LIGAND PHARMACEUTICALS INCORPORATED (LGND) FY2026 YTD Q2 P&L / Income Statement Sankey chart, Product and service (14 categories) view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

80.3%

Gross profit / revenue

Operating margin

22.5%

Operating profit / revenue

Cash conversion

206.8%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!