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
DateValue
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