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

Revenue by Product and Service (4 categories)

2026-01-01 to 2026-06-30

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LIGAND PHARMACEUTICALS INCORPORATED (LGND) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 through 2026-06-30. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETRevenue from intangible royalty assetsIncome from financial royalty assetsCaptisolContract revenue and incomeTotal 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 MRevenue from intangible royalty assetsRevenue from intangibleroyalty assets$70.29 MOperating expenses (calculated)Operating expenses(calculated)$66.78 MIncome tax (expense) benefitIncome tax(expense) benefit$4.88 MGeneral and administrativeGeneral and administrative$49.96 MIncome from financial royalty assetsIncome from financial royalty assets$20.70 MCost of revenue (calculated)Cost of revenue(calculated)$22.68 MCaptisolCaptisol$16.63 MResearch and developmentResearch and development$16.82 MContract revenue and incomeContract revenue and income$7.79 MAmortization of intangiblesAmortizationof intangibles$16.19 MCost of CaptisolCost of Captisol$6.49 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 (4 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
Captisol
16,632,000 US dollars
Contract revenue and income
7,793,000 US dollars
Revenue from intangible royalty assets
70,293,000 US dollars
Income from financial royalty assets
20,697,000 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 Revenue by Product and Service (4 categories) Sankey chart
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

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