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Ligand Pharmaceuticals shares outstanding LGND

Diluted shares outstanding, averaged over each quarter, from 2010.

Latest quarter, to Jun 30, 2026
21.8M
On a year earlier
+9.6%
more shares

Ligand Pharmaceuticals had 21.8M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.

That is 9.6% more than a year earlier, so each share owns a little less of the company.

Shares outstanding over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY202520.7M+9%
FY202419M+7%
FY202317.7M+5%
FY202216.9M+1%
FY202116.7M+0%
FY202016.7M−3%
FY201917.2M−18%
FY201821.1M−0%
FY201721.1M+1%
FY201620.9M−3%
FY201521.5M+4%
FY201420.8M−1%
FY201321.1M+5%
FY201220.1M+2%
FY201119.8M+1%

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY2621.8M+10%
Q1 FY2619.9M+4%
Q4 FY2520.7M+9%
Q3 FY2520.6M+12%
Q2 FY2519.9M+11%
Q1 FY2519.2M+6%
Q4 FY2419M+7%
Q3 FY2418.4M+6%
Q2 FY2418M+2%
Q1 FY2418.1M+1%
Q4 FY2317.7M+5%
Q3 FY2317.4M+1%

What the shares outstanding tells you

Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.

A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.

More on Ligand Pharmaceuticals

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.