Eledon Pharmaceuticals (ELDN) Operating Expenses (2013 - 2026)
Eledon Pharmaceuticals' Operating Expenses came in at $22.87 million for Q2 2026, down 7.5% from $24.73 million a year earlier but up 8.0% from the prior quarter.
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Analysis
Eledon Pharmaceuticals (ELDN) Operating Expenses (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Eledon Pharmaceuticals reported Operating Expenses of $87.85 million, down 0.1% year-over-year; for FY2024, it came in at $70.58 million, up 64.1% from FY2023.
- Operating Expenses carries a five-year compound annual growth rate of 34.5% (FY2019 to FY2024).
- Going back by year, Operating Expenses was $43 million in FY2023 (-51.4%), $88.43 million in FY2022 (+139.9%), $36.87 million in FY2021 (+99.7%) and $18.47 million in FY2020 (+15.0%).
- The five-year range for quarterly Operating Expenses is $9.28 million (Q2 2022) to $58.69 million (Q4 2022).
- Year-over-year, Operating Expenses increased in five of the last seven quarters, with growth averaging 51.6%.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2022 (growth of 525.3%), and the weakest in Q4 2023 (a decline of 82.4%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 2.09 Bn |
| 10 | Eledon Pharmaceuticals | 299.99 Mn | 299.99 Mn | - | 22.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.87 Mn |
| Mar 31, 2026 | 21.18 Mn |
| Sep 30, 2025 | 19.07 Mn |
| Jun 30, 2025 | 24.73 Mn |
| Mar 31, 2025 | 17.96 Mn |
| Dec 31, 2024 | 24.70 Mn |
| Sep 30, 2024 | 20.51 Mn |
| Jun 30, 2024 | 14.50 Mn |
| Mar 31, 2024 | 10.87 Mn |
| Dec 31, 2023 | 10.34 Mn |
| Sep 30, 2023 | 11.20 Mn |
| Jun 30, 2023 | 10.35 Mn |
| Mar 31, 2023 | 11.11 Mn |
| Dec 31, 2022 | 58.69 Mn |
| Sep 30, 2022 | 10.60 Mn |
| Jun 30, 2022 | 9.28 Mn |
| Mar 31, 2022 | 9.86 Mn |
| Dec 31, 2021 | 9.39 Mn |
| Sep 30, 2021 | 10.51 Mn |
| Jun 30, 2021 | 7.97 Mn |
API Access
Eledon Pharmaceuticals Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=ELDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ELDN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ELDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();