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

Eledon Pharmaceuticals (ELDN) reported Operating Income of -$21.2 million for Q1 2026, down 17.91% on a YoY basis from -$25.8 million in Q1 2025, and down 11.07% quarter-over-quarter from -$19.1 million in Q3 2025.

Eledon Pharmaceuticals (ELDN) Operating Income (2013 - 2026) Analysis & Trends

Eledon Pharmaceuticals has reported Operating Income for 14 years, with the latest figure at -$21.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 17.91% year-over-year to -$21.2 million; the trailing twelve-month figure through Mar 2026 stood at -$82.9 million (down 468.02% YoY), and the FY2024 full-year result was -$7.5 million, up 69.32% from the prior year.
  • Operating Income for Q1 2026 stood at -$21.2 million, down from -$19.1 million in the prior quarter.
  • The five-year high for Operating Income was $38.4 million in Q4 2024, with the low at -$24.7 million in Q2 2025.
  • Historically, Operating Income has averaged -$8.3 million across 5 years, with a median of -$11.0 million in 2023.
  • The largest YoY upside for Operating Income was 368.59% in 2024 against a maximum downside of 83.16% in 2024.
  • Eledon Pharmaceuticals' Operating Income stood at $11.3 million in 2022, then retreated by 27.32% to $8.2 million in 2023, then jumped by 368.59% to $38.4 million in 2024, then sank by 149.7% to -$19.1 million in 2025, then decreased by 11.07% to -$21.2 million in 2026.
  • The last three Operating Income figures came in at -$21.2 million (Q1 2026), -$19.1 million (Q3 2025), and -$24.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -19.70 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.14 Bn
9 Abivax 91.96 Bn 91.96 Bn - -65.83 Mn
10 Eledon Pharmaceuticals 439.58 Mn 223.54 Mn - -21.18 Mn

Historic Data

Download Data
DateValue
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 38.37 Mn
Sep 30, 2024 -20.51 Mn
Jun 30, 2024 -14.50 Mn
Mar 31, 2024 -10.87 Mn
Dec 31, 2023 8.19 Mn
Sep 30, 2023 -11.20 Mn
Jun 30, 2023 -10.35 Mn
Mar 31, 2023 -11.11 Mn
Dec 31, 2022 11.27 Mn
Sep 30, 2022 -10.60 Mn
Jun 30, 2022 -9.28 Mn
Mar 31, 2022 -9.86 Mn
Dec 31, 2021 19.74 Mn
Sep 30, 2021 -10.51 Mn
Jun 30, 2021 -7.97 Mn
Mar 31, 2021 -9.01 Mn