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Legend Biotech Corp (LEGN) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

HEALTHCARE · BIOTECHNOLOGY · DATA UPDATED 2026-09-12

Legend Biotech Corp (LEGN) operates in the BIOTECHNOLOGY industry and is headquartered in Somerset, United States with about 3,200 employees. Its market capitalization is roughly $3 billion. In the fiscal year ended 2025-12-31, LEGN reported $1.0B in revenue and ($297M) in net income.

Legend Biotech Corporation, through its subsidiaries, operates as a biopharmaceutical company that discovers, develops, manufactures, and commercializes novel cell therapies for oncology and other indications in the United States, China, and Europe.

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LEGN Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Total Revenue$1.3B$1.0B$627M$285M$117M$69M$75M$62M$49M$24M
Gross Profit$719M$621M$393M$141M$52M$69M$75M$62M$49M$24M
Gross Margin %56.6%60.3%62.6%49.4%44.1%100.0%100.0%100.0%100.0%100.4%
Operating Income (EBIT)($56M)($136M)($303M)($439M)($456M)($392M)($313M)($133M)($2M)$14M
Operating Margin %-4.4%-13.3%-48.4%-154.1%-389.4%-570.0%-417.8%-214.4%-3.1%58.4%
Net Income($92M)($297M)($177M)($518M)($446M)($404M)($266M)($102M)($3M)$9M
Net Margin %-7.2%-28.8%-28.2%-181.8%-381.5%-586.4%-355.2%-164.4%-5.7%39.7%
EBITDA($7M)($232M)($113M)($478M)($417M)($392M)($298M)($129M)$0M$14M
Earnings Per Share (EPS)$-0.50$-1.61$-0.97$-2.94$-2.81$-2.87$-2.25$-0.77$-0.03$0.07
Shares Outstanding (M)194M184M183M176M159M141M118M132M100M132M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LEGN Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$388M$305M$306M$272M$255M$195M$187M$160M
Gross Profit$250M$129M$183M$157M$157M$124M$113M$105M
Gross Margin %64.5%42.4%59.7%57.7%61.6%63.4%60.4%65.4%
Operating Income (EBIT)$58M($50M)($21M)($43M)($22M)($51M)($74M)($70M)
Operating Margin %14.9%-16.3%-6.7%-16.0%-8.6%-26.0%-39.9%-43.7%
Net Income$33M($54M)($31M)($40M)($125M)($101M)$26M($125M)
Net Margin %8.6%-17.8%-10.1%-14.6%-49.2%-51.7%14.1%-78.2%
EBITDA$60M($32M)($2M)($33M)($114M)($89M)$52M($110M)
Earnings Per Share (EPS)$0.17$-0.29$-0.17$-0.21$-0.68$-0.55$0.14$-0.69
Shares Outstanding (M)194M185M185M185M184M184M183M183M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LEGN Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Cash from Operations (CFO)($183M)($100M)($144M)($393M)($201M)($198M)($223M)($83M)$308M($2M)
Capital Expenditures (CapEx)$73M$68M$14M$23M$22M$45M$30M$39M$21M$1M
Free Cash Flow (FCF)($256M)($168M)($158M)($416M)($224M)($244M)($253M)($122M)$287M($3M)
FCF Margin %-20.1%-16.3%-25.2%-145.9%-191.1%-354.3%-337.7%-197.8%583.4%-13.8%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LEGN Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)($21M)($85M)($106M)$29M($13M)($104M)($82M)($76M)
Capital Expenditures (CapEx)$21M$26M$21M$5M$9M$2M$2M$2M
Free Cash Flow (FCF)($42M)($111M)($127M)$24M($22M)($106M)($84M)($78M)
FCF Margin %-10.7%-36.5%-41.3%8.7%-8.7%-54.2%-45.3%-48.6%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LEGN Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Total Assets$1.8B$1.7B$1.7B$1.8B$1.3B$1.1B$722M$288M$429M$239M
Cash & Cash Equivalents$673M$902M$287M$1.3B$786M$689M$456M$83M$210M$2M
Total Liabilities$521M$732M$630M$597M$587M$354M$122M$411M$420M$227M
Total Debt (Short + Long-Term)$168M$326M$306M$285M$264M$121M$2M$1M$0M$0M
Total Shareholders' Equity$1.2B$1.0B$1.0B$1.3B$744M$766M$598M($123M)$9M$12M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive LEGN viewer.

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