STOCK TITAN

Legend Biotech Corp SEC Filings

LEGN NASDAQ

Welcome to our dedicated page for Legend Biotech SEC filings (Ticker: LEGN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The Legend Biotech Corporation (NASDAQ: LEGN) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures as a foreign private issuer. Legend Biotech files annual reports on Form 20‑F and frequent current reports on Form 6‑K, which together outline its financial performance, cell therapy pipeline, and key business developments.

In these filings, Legend Biotech presents unaudited interim condensed consolidated financial statements, including statements of profit or loss, financial position, changes in equity, and cash flows. Investors can review details on license revenue, collaboration revenue related to CARVYKTI® (ciltacabtagene autoleucel; cilta‑cel), research and development expenses, selling and distribution expenses, and collaboration funding arrangements. Management’s Discussion and Analysis (MD&A), often attached as exhibits to Form 6‑K, provides narrative context around revenue drivers, cost trends, and liquidity.

Filings also capture clinical and regulatory milestones. Recent 6‑Ks incorporate press releases on CARTITUDE‑1, CARTITUDE‑4, and CARTITUDE‑6 study updates, FDA and European Commission label changes for CARVYKTI, and early data from programs such as LUCAR‑G39D, LB2102, and LB1908. Additional 6‑Ks describe agreements with Janssen for component and product supply, preliminary sales figures for CARVYKTI, and participation in major scientific and investor conferences.

Stock Titan enhances these documents with AI-powered summaries that highlight the main points of lengthy 6‑K and 20‑F filings, helping users quickly identify information on revenue composition, cell therapy pipeline status, collaboration structures, and risk disclosures. Real‑time ingestion of EDGAR updates ensures that new Legend Biotech filings, including any Form 6‑K related to financial results or material agreements, appear promptly.

Users can also monitor equity and compensation-related disclosures via Legend Biotech’s registration statements on Form S‑8, as referenced in its 6‑K reports, and review how these interact with share‑based compensation expenses reported in the financial statements. While Legend Biotech does not file Forms 3, 4, and 5 as a U.S. domestic issuer would, this page centralizes its available SEC reporting so investors can follow the company’s development as a global cell therapy business.

Rhea-AI Summary

Legend Biotech filed its annual report outlining strong growth of its multiple myeloma therapy CARVYKTI and ongoing risks. Net trade sales of CARVYKTI reached approximately $1.9 billion in the year ended December 31, 2025, yet the company still recorded a net loss of $296.8 million, reflecting heavy R&D, manufacturing build-out and commercial investments.

The report emphasizes dependence on CARVYKTI, competition from other BCMA-targeted and cell therapies, and complex manufacturing and supply chain requirements. It also highlights extensive legal and operational risks tied to operations in China, potential impact of the Holding Foreign Companies Accountable Act, foreign exchange volatility, and emerging U.S. drug-pricing pressures, particularly most-favored-nation style initiatives.

Legend Biotech had an accumulated deficit of $2.0 billion as of December 31, 2025, with 369,886,369 ordinary shares outstanding, and warns that continued losses and regulatory, pricing and geopolitical uncertainties could materially affect its business and the value of its ADSs.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.19%
Tags
annual report
-
Rhea-AI Summary

Legend Biotech reported strong growth for the fourth quarter and full year 2025, driven by its multiple myeloma cell therapy CARVYKTI. CARVYKTI generated net trade sales of approximately $555 million in the fourth quarter and $1.9 billion for the full year, and the franchise achieved full‑year profitability.

Total revenue for the quarter rose to $306.3 million from $186.5 million a year earlier, as collaboration revenue from the Janssen agreement increased sharply. Operating loss narrowed to $19.7 million from $79.3 million, reflecting higher gross profit from CARVYKTI, though quarterly net results shifted to a $30.9 million loss mainly due to unrealized foreign exchange impacts.

For 2025, Legend Biotech posted a net loss of $296.8 million, but adjusted net loss improved to $33.1 million. Adjusted net income for the fourth quarter was $2.5 million. The company ended 2025 with cash, cash equivalents and time deposits of about $949 million and states this balance supports its financial runway beyond 2026, when it believes it will reach company‑wide operating profit.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.19%
Tags
current report
-
Rhea-AI Summary

Legend Biotech Corporation has appointed Gareth Kung to its Board of Directors, effective February 2, 2026. He will serve as a Class II director with a term running until the company’s 2028 annual general meeting of shareholders and will chair the Audit Committee, replacing Tomas Heyman.

Kung brings extensive financial and semiconductor industry experience, including senior finance roles at Wuhan Xinxin Semiconductor Manufacturing, Alpha Power Solutions, VXI Global Solutions, Semiconductor Manufacturing International Corporation and Hanwha SolarOne. He holds multiple accounting qualifications across Hong Kong, England & Wales, Singapore and the United States, and an MBA from the University of Western Ontario.

As compensation, Kung will receive a restricted share unit award with a grant-date value of $270,000 under Legend Biotech’s RSU Plan, vesting over three years, plus annual cash retainers of $75,000 for Board service and $25,000 for chairing the Audit Committee.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
current report
Rhea-AI Summary

FMR LLC has filed an amended Schedule 13G reporting a significant ownership position in Legend Biotech Corp. As of 12/31/2025, FMR LLC beneficially owned 48,294,445.48 Ordinary Shares, representing 13.1% of Legend Biotech’s outstanding Ordinary Shares.

FMR LLC reports sole voting power over 48,202,106.24 Ordinary Shares and sole dispositive power over 48,294,445.48 Ordinary Shares, with no shared voting or dispositive power. Abigail P. Johnson is also listed as a reporting person with sole dispositive power over the same 48,294,445.48 shares. The filing states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Legend Biotech.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
ownership
-
Rhea-AI Summary

Legend Biotech Corporation reported several board changes effective January 20, 2026. The company appointed Robin Meng, chairman and executive director of GenScript, as a Class III director with a term running until the 2026 annual general meeting of shareholders. GenScript is Legend Biotech’s largest shareholder and the companies are party to related-party agreements previously described in Legend Biotech’s Form 20-F for the year ended December 31, 2024.

Two directors, Dr. Li Zhu and Yau Wai Man Philip, resigned from the Board, and each resignation was stated not to result from any dispute or disagreement over Legend Biotech’s operations, policies, or practices. In recognition of Mr. Yau’s service, the Compensation Committee approved accelerated vesting of his unvested restricted share units and a one-time cash payment of $56,250, equal to his remaining 2026 board compensation. Following his resignation, Tomas Heyman was appointed chair of the Audit Committee.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
current report
-
Rhea-AI Summary

Legend Biotech Corporation reported preliminary net trade sales for its CAR-T therapy CARVYKTI®, with approximately $555 million in net trade sales for the quarter ended December 31, 2025. This figure was provided by collaboration partner Janssen under their existing collaboration and license agreement, and Legend Biotech has not independently verified it.

The company noted that the final amount of revenue and gross profit to be recorded in its consolidated financial statements will be determined as management completes the financial statements for the period. The data has not been audited, reviewed, or otherwise examined by Legend Biotech’s independent registered public accountants, and they have not expressed any assurance regarding these figures. The company also cautioned that forward-looking statements about CARVYKTI® sales and resulting gross profit are subject to numerous risks and uncertainties, including product development, regulatory actions, partner performance, intellectual property challenges, competition, and pricing pressures.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.36%
Tags
current report
Rhea-AI Summary

Legend Biotech presents an updated corporate overview focused on its CAR-T therapy CARVYKTI and a path to profitability. The company reports approximately $1B in cash, cash equivalents and time deposits as of September 30, 2025, and about $1.7B in last-twelve-month CARVYKTI net trade sales through Q3 2025. Operating margin has improved from -142% in Q2 2023 to -16% in Q3 2025, and Legend Biotech expects to achieve company-wide operating profit, excluding unrealized foreign exchange losses, in 2026.

CARVYKTI is described as the top-selling CAR-T therapy in a single quarter, with an estimated peak annual sales potential of over $5B, more than 10,000 patients treated worldwide and 10,000 annualized dose capacity expected in 2026. Legend Biotech highlights a 2,900+ person global team, multiple global manufacturing sites, and a 50/50 cost-sharing and profit-split collaboration with Johnson & Johnson (30/70 in Greater China). The presentation also outlines a diversified cell therapy pipeline, an in vivo CAR-T platform entering clinical proof-of-concept, and 2026 priorities to maximize CARVYKTI market leadership, advance innovation, and drive profitability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
current report
-
Rhea-AI Summary

Legend Biotech reported recent business progress and outlined strategic priorities for 2026, centered on maximizing the market leadership of its multiple myeloma cell therapy CARVYKTI® and advancing its broader cell therapy pipeline.

The company highlighted that the latest NCCN guidelines recommend talquetamab as a bridging therapy before CAR-T treatment in relapsed or refractory multiple myeloma, which can help keep patients eligible for CARVYKTI® and improve outcomes, particularly in aggressive disease. Legend Biotech also completed enrollment in August 2025 for its Phase 3 CARTITUDE-6 registrational trial in newly diagnosed, transplant-eligible multiple myeloma patients.

Legend Biotech reiterated forward-looking goals, including expected market expansion and order volume for CARVYKTI® and LUCAR-G39D, and stated that it expects to be able to fund operations into 2026, to reach company-wide profitability in 2026, and to achieve Carvykti-related profitability by the end of 2025, while emphasizing the usual clinical, regulatory and commercial risks.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
current report
-
Rhea-AI Summary

Legend Biotech Corporation reported new clinical data on its CAR-T therapies presented at the 67th American Society of Hematology Annual Meeting in Orlando, Florida. Results from the CARTITUDE-1 and CARTITUDE-4 studies showed that a single infusion of CARVYKTI (ciltacabtagene autoleucel) provided long-term progression free survival benefit for patients with standard-risk relapsed or refractory multiple myeloma. The company also reported that earlier use of CARVYKTI in CARTITUDE-4 was associated with better immune fitness and stronger immune effects.

Beyond multiple myeloma, Legend Biotech highlighted early Phase 1 data for LUCAR-G39D in adults with relapsed or refractory B-cell non-Hodgkin lymphoma. In this ongoing study, LUCAR-G39D showed a manageable safety profile and encouraging antitumor activity, suggesting potential for further development within the company’s novel CAR-T platform.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
current report
Rhea-AI Summary

Legend Biotech (LEGN) reported sharply higher revenue and narrower losses for Q3 2025. Total revenue reached $272.3 million, driven by collaboration revenue of $261.8 million tied to CARVYKTI sales. Operating loss improved to $43.5 million from $70.4 million, and net loss narrowed to $39.7 million from $125.3 million.

For the nine months ended September 30, revenue rose to $722.5 million from $440.7 million as CARVYKTI commercialization scaled. Year‑to‑date results were weighed by $162.4 million of other expense primarily from unrealized foreign exchange losses on USD/EUR balances. Adjusted net loss for the nine months was $35.7 million.

Cash and cash equivalents were $278.9 million and time deposits were $713.7 million (about $1.0 billion combined) as of September 30, 2025. The company noted CARVYKTI net trade sales of approximately $524 million, over 9,000 patients treated to date, and the start of commercial production at its Tech Lane site in Belgium. Collaboration interest‑bearing advanced funding totaled $314.8 million, with $142.9 million estimated to be recouped by Janssen within twelve months.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.67%
Tags
current report

FAQ

What is the current stock price of Legend Biotech (LEGN)?

The current stock price of Legend Biotech (LEGN) is $18.75 as of March 13, 2026.

What is the market cap of Legend Biotech (LEGN)?

The market cap of Legend Biotech (LEGN) is approximately 3.5B.

LEGN Rankings

LEGN Stock Data

3.52B
182.28M
Biotechnology
Healthcare
Link
United States
Somerset

LEGN RSS Feed