Eledon Pharmaceuticals (ELDN) Operating Expenses (2013 - 2026)

Eledon Pharmaceuticals (ELDN) has 14 years of Operating Expenses data on file, last reported at $21.2 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 17.91% year-over-year to $21.2 million; the trailing twelve-month figure through Mar 2026 stood at $10.7 million (down 21.61% YoY), and the FY2025 full-year result was $7.5 million, up 14.23% from the prior year.
• Operating Expenses for Q1 2026 stood at $21.2 million, up from -$54.3 million in the prior quarter.
• Across five years, Operating Expenses topped out at $58.7 million in Q4 2022 and bottomed at -$54.3 million in Q4 2025.
• The 5-year median for Operating Expenses is $11.1 million (2023), against an average of $9.8 million.
• The widest annual swing landed in 2022, when Operating Expenses jumped 525.34%; it then slumped 480.52% in 2024.
• A 5-year view of Operating Expenses shows it stood at $58.7 million in 2022, then plunged by 82.38% to $10.3 million in 2023, then plunged by 480.52% to -$39.3 million in 2024, then plunged by 38.02% to -$54.3 million in 2025, then surged by 139.01% to $21.2 million in 2026.
• The last three Operating Expenses figures came in at $21.2 million (Q1 2026), -$54.3 million (Q4 2025), and $19.1 million (Q3 2025), per Business Quant data.

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