Eton Pharmaceuticals (ETON) Operating Expenses (2018 - 2026)
Eton Pharmaceuticals' Operating Expenses was $12.62 million in Q2 2026, down 5.8% from $13.4 million a year earlier.
Eton Pharmaceuticals (ETON) Operating Expenses (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Eton Pharmaceuticals' Operating Expenses was $45.87 million through Jun 30, 2026, up 29.7% year-over-year; for FY2025, it came in at $43.58 million, up 67.6% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of 10.2% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $26.01 million in FY2024 (+16.9%), $22.25 million in FY2023 (-1.4%), $22.58 million in FY2022 (+10.1%) and $20.5 million in FY2021 (-23.7%).
- Quarterly Operating Expenses has moved between $4.41 million (Q4 2021) and $13.4 million (Q2 2025) over five years.
- Compared with a year earlier, Operating Expenses was higher in six of the last seven quarters, with growth averaging 41.5%.
- The best year-over-year quarter for Operating Expenses over five years was Q4 2025 (growth of 81.9%); the worst was Q4 2021 (a decline of 38.8%).
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 | Eton Pharmaceuticals | 1.67 Bn | 1.56 Bn | 25.41 Mn | 12.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.62 Mn |
| Dec 31, 2025 | 10.64 Mn |
| Sep 30, 2025 | 9.22 Mn |
| Jun 30, 2025 | 13.40 Mn |
| Mar 31, 2025 | 10.33 Mn |
| Dec 31, 2024 | 5.85 Mn |
| Sep 30, 2024 | 5.79 Mn |
| Jun 30, 2024 | 8.56 Mn |
| Mar 31, 2024 | 5.81 Mn |
| Dec 31, 2023 | 5.62 Mn |
| Sep 30, 2023 | 4.95 Mn |
| Jun 30, 2023 | 5.80 Mn |
| Mar 31, 2023 | 5.88 Mn |
| Dec 31, 2022 | 5.30 Mn |
| Sep 30, 2022 | 4.91 Mn |
| Jun 30, 2022 | 5.95 Mn |
| Mar 31, 2022 | 6.41 Mn |
| Dec 31, 2021 | 4.41 Mn |
| Sep 30, 2021 | 5.97 Mn |
| Jun 30, 2021 | 5.22 Mn |
Eton 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=ETON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ETON", "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=ETON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();