LGND
Ligand·NASDAQ
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LGND fundamentals
Ligand (LGND) released its earnings on Nov 6, 2025: revenue was 115.46M (YoY +122.85%), beat estimates; EPS was 3.09 (YoY +67.93%), beat estimates.
Revenue / YoY
115.46M
+122.85%
EPS / YoY
3.09
+67.93%
Report date
Nov 6, 2025
LGND Earnings Call Summary for Q3,2025
- Revenue Growth: Royalty revenue up 47% YoY, driven by Ohtuvayre (32% Q/Q), FILSPARI (26% Q/Q), and CAPVAXIVE ($244M sales). Full-year core revenue guidance raised to $225-$235M.
- Strategic Investments: $460M convertible debt financing and Q3 investments in Orchestra BioMed, Arecor, and Pelthos support 22% CAGR royalty growth target.
- Financial Strength: Adjusted EPS up 68% to $3.09, with $1B deployable capital and strong balance sheet ($665M cash).
- Pipeline Momentum: ZELSUVMI out-license gain ($24.5M), Phase II success for AT292, and FDA regulatory tailwinds (e.g., Commissioner's Voucher) highlight strategic execution.
- Q&A Takeaways: ZELSUVMI launch tracking ahead of expectations, Arecor deal leverages Sanofi's Phase II success, and limited competition in development-stage royalty investing.
EPS
Revenue
Revenue & Expenses
LGND has released its 2025 Q3 earnings report, with revenue of 115.46M, reflecting a YoY change of 122.85%, and net profit of 117.27M, showing a YoY change of 1735.15%. The Sankey diagram below clearly presents LGND's revenue sources and cost distribution.
Key Indicators
Ligand (LGND) key financial stats and ratios, covering profitability, financial health, and leverage.
Ligand (LGND)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Ligand (LGND)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Ligand (LGND)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Ligand (LGND) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Ligand (LGND) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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You can ask Aime
What factors drove the changes in Ligand's revenue and profit?What does Ligand do and what are its main business segments?What guidance did Ligand's management provide for the next earnings period?What were the key takeaways from Ligand's earnings call?What is the revenue and EPS growth rate for Ligand year over year?What were the key takeaways from Ligand’s earnings call?Did Ligand beat or miss consensus estimates last quarter?What is Ligand's latest dividend and current dividend yield?
