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Ligand Pharmaceuticals (LGND) net income by quarter

Ligand Pharmaceuticals' net income was $48.5M in Q2 2026 (second quarter 2026), +8% from Q4 2025. Over the last 4 quarters it ranged from $4.8M (Q2 2025) to $117M (Q3 2025).

Ligand Pharmaceuticals net income by quarterLigand Pharmaceuticals net income by quarter$4.8MQ2 2025$117MQ3 2025$44.8MQ4 2025$48.5MQ2 2026
QuarterNet incomeQ/QY/Y
Q2 2026$48.5M+8%+901%
Q4 2025$44.8M-62%—
Q3 2025$117M24×—
Q2 2025$4.8M——

Q2 2026 at a glance

Ligand Pharmaceuticals, Q2 2026: revenue $63.7M (+34% year over year), operating margin 13.5%, net earnings $48.5M, operating cash flow $24.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Ligand Pharmaceuticals' net income?

Ligand Pharmaceuticals' net income was $48.5M in Q2 2026 (second quarter 2026), +8% from Q4 2025.

How has Ligand Pharmaceuticals' net income changed?

Over the last 4 quarters it ranged from $4.8M (Q2 2025) to $117M (Q3 2025).

Q2 2026 results → · How Ligand Pharmaceuticals makes money →