Financial insights of LGND

MyFinsight

For the quarter ending 2026-03-31, LGND made $51,722K in revenue. -$13,345K in net income. Net profit margin of -25.80%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2024-12-31
Total revenues and income	51,722	-78,296*	115,461	-
Cost of captisol	3,273	3,146*	3,801	-
Amortization of intangibles	8,097	8,417*	8,097	-
Research and development	2,148	18,125*	21,019	-
General and administrative	20,836	7,111*	28,446	-
Financial royalty assets impairment	-	6,197*	0	-
Fair value adjustments to partner program derivatives	0	-2,499*	833	-
Total operating costs and expenses	34,354	45,495*	60,530	-
Gain on sale of pelican	-	0*	-	-
Operating income (loss)	17,368	-123,791*	54,931	1,330*
Loss (gain) from short-term investments	3,869	-4,961*	7,798	92,799*
Gain from change in fair value of equity-method investments and other investments	-49,229	-136,991*	75,887	-
Interest income	6,655	2,037*	3,874	1,899*
Interest expense	1,747	1,985*	910	24*
Other non-operating expense, net	-1,175	1,240*	-443	14,109*
Total non-operating expenses, net	-41,627	-140,660*	86,206	108,783*
Gain before income taxes	-24,259	-264,451*	141,137	110,112*
Income tax benefit	-10,914	-37,085*	23,864	25,519*
Net income (gain) from continuing operations	-	-227,366	-	84,593
Net loss	-13,345	-227,366	117,273	84,593

Basic EPS	-0.67	-11.905	5.99	4.592
Diluted EPS	-0.67	-11.392	5.68	4.592
Basic Average Shares	19,883,000	19,098,000	19,578,000	18,423,000
Diluted Average Shares	19,883,000	19,959,000	20,629,000	18,423,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.