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| Date | Value |
|---|---|
| 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% |