Financial insights of LGND

MyFinsight

For the quarter ending 2025-09-30, LGND made $115,461K in revenue. $117,273K in net income. Net profit margin of 101.57%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2024-12-31	2024-09-30	2024-06-30
Total revenues and other income	115,461	-	51,812	41,531
Cost of captisol	3,801	-	2,449	2,906
Amortization of intangibles	8,097	-	8,258	8,257
Research and development	21,019	-	5,675	5,354
General and administrative	28,446	-	24,475	17,623
Financial royalty assets impairment	0	-	-	26,491
Fair value adjustments to partner program derivatives	833	-	-7,812	-
Total operating costs and expenses	60,530	-	48,669	60,631
Operating income (loss)	54,931	-3,324	3,143	-19,100
Gain (loss) from short-term investments	7,798	43,437	2,407	-14,256
Gain (loss) from change in fair value of equity-method investments and other investments	75,887	-	-	-
Interest income	3,874	1,976	1,347	2,757
Interest expense	910	514	741	1,268
Other non-operating expense, net	-443	-4,450	-12,495	-33,523
Total non-operating income (expenses), net	86,206	40,448	-9,482	-46,290
Income (loss) before income taxes	141,137	37,124	-6,339	-65,390
Income tax expense	23,864	9,598	833	-13,479
Net income (loss) from continuing operations	-	27,526	-7,172	-51,911
Net income (loss)	117,273	27,526	-7,172	-51,911

Basic net income (loss) per share (in usd per share)	5.99	1.525	-0.39	-2.88
Diluted net income (loss) per share (in usd per share)	5.68	1.525	-0.39	-2.88
Shares used in basic per share calculation (in shares)	19,578,000	-9,078,500	18,419,000	18,028,000
Shares used in diluted per share calculation (in shares)	20,629,000	-9,078,500	18,419,000	18,028,000