Eton Pharmaceuticals (ETON) Gross Margin (2019 - 2025)

Eton Pharmaceuticals' (ETON) quarterly Gross Margin came in at 61.56% in Q4 2025, up 595.0% year-on-year from 8.86% in Q4 2024, and up 76.0% quarter-over-quarter from 34.97% in Q3 2025.

Eton Pharmaceuticals (ETON) Gross Margin (2019 - 2025) Analysis & Trends

Eton Pharmaceuticals has disclosed Gross Margin across 7 years of filings, most recently posting 61.56% for Q4 2025.

  • Gross Margin for Q4 2025 came in at 61.56%, up 595.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 66.31% (up 630.0% YoY), and the FY2025 annual result was 53.46%, down 655.0% from the prior year.
  • Gross Margin came in at 61.56% for Q4 2025 at Eton Pharmaceuticals, up from 34.97% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 552.13% in Q1 2025 to a low of 12.18% in Q4 2023.
  • The 5-year median for Gross Margin is 62.77% (2024), against an average of 87.65%.
  • Across the five-year window, Gross Margin tumbled 720611 bps in 2021 and surged 48927 bps in 2025, its largest moves.
  • Eton Pharmaceuticals' Gross Margin stood at 93.89% in 2021, then slipped by 20 bps to 74.84% in 2022, then slumped by 84 bps to 12.18% in 2023, then surged by 356 bps to 55.6% in 2024, then climbed by 11 bps to 61.56% in 2025.
  • The last three Gross Margin figures came in at 61.56% (Q4 2025), 34.97% (Q3 2025), and 63.0% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 49.52%
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 71.66%
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 82.93%
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 49.50%
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 98.31%
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 57.26%
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn -293.83%
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 61.20%
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 65.25%
10 Eton Pharmaceuticals 806.97 Mn 781.03 Mn 13.10 Mn 61.56%

Historic Data

Download Data
DateValue
Dec 31, 2025 61.56%
Sep 30, 2025 34.97%
Jun 30, 2025 63.00%
Mar 31, 2025 552.13%
Dec 31, 2024 55.60%
Sep 30, 2024 61.04%
Jun 30, 2024 62.00%
Mar 31, 2024 62.85%
Dec 31, 2023 12.18%
Sep 30, 2023 62.65%
Jun 30, 2023 80.70%
Mar 31, 2023 63.08%
Dec 31, 2022 74.84%
Sep 30, 2022 62.69%
Jun 30, 2022 92.26%
Mar 31, 2022 60.98%
Dec 31, 2021 93.89%
Sep 30, 2021 15.61%
Jun 30, 2021 94.33%
Mar 31, 2021 86.64%