Eledon Pharmaceuticals (ELDN) Cost of Revenue (2024 - 2026)
Eledon Pharmaceuticals (ELDN) reported Cost of Revenue of $7.8 million for Q1 2026, up 366.23% on a YoY basis from $1.7 million in Q1 2025, and down 17.73% quarter-over-quarter from $9.5 million in Q4 2025.
Eledon Pharmaceuticals (ELDN) Cost of Revenue (2024 - 2026) Analysis & Trends
Eledon Pharmaceuticals has reported Cost of Revenue for 3 years, with the latest figure at $7.8 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 366.23% year-over-year to $7.8 million; the trailing twelve-month figure through Mar 2026 stood at $21.1 million (up 78.08% YoY), and the FY2025 full-year result was $15.0 million, up 20.29% from the prior year.
- Cost of Revenue for Q1 2026 stood at $7.8 million, down from $9.5 million in the prior quarter.
- The five-year high for Cost of Revenue was $9.5 million in Q4 2025, with the low at $1.3 million in Q1 2024.
- Historically, Cost of Revenue has averaged $3.8 million across 3 years, with a median of $2.0 million in 2025.
- Annual changes were most pronounced in 2025 — Cost of Revenue plunged 55.81% — and 2026, when it soared 366.23%.
- Eledon Pharmaceuticals' Cost of Revenue stood at $4.6 million in 2024, then soared by 104.76% to $9.5 million in 2025, then declined by 17.73% to $7.8 million in 2026.
- The last three Cost of Revenue figures came in at $7.8 million (Q1 2026), $9.5 million (Q4 2025), and $1.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 814,307.08 Bn | 814,307.05 Bn | - | - |
| 2 | Belite Bio | 55,320.00 Bn | 55,320.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,149.72 Bn | 17,149.72 Bn | - | - |
| 4 | Legend Biotech | 3,590.00 Bn | 3,589.71 Bn | 242.10 Mn | 64.20 Mn |
| 5 | Akari Therapeutics | 1,650.72 Bn | 1,650.72 Bn | - | - |
| 6 | Evaxion A | 1,522.09 Bn | 1,522.07 Bn | - | - |
| 7 | Psyence Biomedical | 229.39 Bn | 229.38 Bn | - | 48,670.00 |
| 8 | Vertex Pharmaceuticals | 113.09 Bn | 105.85 Bn | 2.59 Bn | 392.80 Mn |
| 9 | Abivax | 90.15 Bn | 90.15 Bn | - | 2.05 Mn |
| 10 | Eledon Pharmaceuticals | 401.35 Mn | 185.32 Mn | - | 7.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.79 Mn |
| Mar 31, 2026 | 7.79 Mn |
| Dec 31, 2025 | 9.46 Mn |
| Dec 31, 2025 | 9.46 Mn |
| Sep 30, 2025 | 1.88 Mn |
| Sep 30, 2025 | 1.88 Mn |
| Jun 30, 2025 | 2.01 Mn |
| Jun 30, 2025 | 2.01 Mn |
| Mar 31, 2025 | 1.67 Mn |
| Mar 31, 2025 | 1.67 Mn |
| Dec 31, 2024 | 4.62 Mn |
| Dec 31, 2024 | 4.62 Mn |
| Sep 30, 2024 | 4.25 Mn |
| Sep 30, 2024 | 4.25 Mn |
| Jun 30, 2024 | 1.33 Mn |
| Jun 30, 2024 | 1.33 Mn |
| Mar 31, 2024 | 1.30 Mn |
| Mar 31, 2024 | 1.30 Mn |