Eledon Pharmaceuticals (ELDN) Research & Development (2013 - 2026)

Eledon Pharmaceuticals' Research & Development history runs 14 years deep, the most recent figure standing at $17.2 million for Q1 2026.

• Quarterly Research & Development rose 27.09% year-over-year to $17.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $66.0 million (up 13.58% YoY) and the FY2024 annual result came in at $52.0 million, up 71.43% from the prior year.
• Research & Development was $17.2 million for Q1 2026 at Eledon Pharmaceuticals, up from $15.0 million in the prior quarter.
• Across five years, Research & Development topped out at $20.3 million in Q2 2025 and bottomed at $5.7 million in Q2 2022.
• A 5-year average of $11.0 million and a median of $8.0 million in 2023 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2024 — Research & Development surged 153.69% — and 2025, when it declined 9.39%.
• Eledon Pharmaceuticals' Research & Development stood at $7.2 million in 2022, then retreated by 2.52% to $7.1 million in 2023, then jumped by 153.69% to $17.9 million in 2024, then slipped by 16.5% to $15.0 million in 2025, then grew by 14.88% to $17.2 million in 2026.
• Business Quant data shows ELDN's Research & Development at $17.2 million in Q1 2026, $15.0 million in Q3 2025, and $20.3 million in Q2 2025.