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	2024-09-30	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	3,143	-19,100
Gain (loss) from short-term investments	7,798	2,407	-14,256
Gain (loss) from change in fair value of equity-method investments and other investments	75,887	-	-
Interest income	3,874	1,347	2,757
Interest expense	910	741	1,268
Other non-operating expense, net	-443	-12,495	-33,523
Total non-operating income (expenses), net	86,206	-9,482	-46,290
Income (loss) before income taxes	141,137	-6,339	-65,390
Income tax expense	23,864	833	-13,479
Net (loss) income from continuing operations	-	-7,172	-51,911
Net income (loss)	117,273	-7,172	-51,911

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