Eton Pharmaceuticals (ETON) Operating Expenses (2018 - 2026)
Eton Pharmaceuticals (ETON) posted Operating Expenses of $10.6 million for Q4 2025, up 15.38% sequentially from $9.2 million in Q3 2025, and up 81.91% YoY from $5.8 million in Q4 2024.
Eton Pharmaceuticals (ETON) Operating Expenses (2018 - 2026) Analysis & Trends
Eton Pharmaceuticals has reported Operating Expenses for 8 years, with the latest figure at $10.6 million in Q4 2025.
- Quarterly Operating Expenses rose 81.91% year-over-year to $10.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $43.6 million (up 67.58% YoY) and the FY2025 annual result came in at $43.6 million, up 67.58% from the prior year.
- Operating Expenses climbed to $10.6 million in Q4 2025 per ETON's latest filing, from $9.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $13.4 million in Q2 2025 and troughed at $4.4 million in Q4 2021.
- A 5-year average of $6.7 million and a median of $5.8 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2021 and 2025: Operating Expenses sank 44.31% in 2021, then jumped 81.91% in 2025.
- Over 5 years, Operating Expenses stood at $4.4 million in 2021, then advanced by 20.22% to $5.3 million in 2022, then grew by 6.13% to $5.6 million in 2023, then increased by 3.98% to $5.8 million in 2024, then surged by 81.91% to $10.6 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $10.6 million, $9.2 million, and $13.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.94 Bn | 42.97 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.08 Bn | 39.43 Bn | 2.15 Bn | 1.29 Bn |
| 3 | Zoetis | 31.54 Bn | 29.87 Bn | 1.05 Bn | 215.00 Mn |
| 4 | Takeda Pharmaceutical | 28.60 Bn | 22.80 Bn | 5.10 Bn | -2.85 Bn |
| 5 | United Therapeutics | 22.12 Bn | 19.46 Bn | 683.80 Mn | 452.50 Mn |
| 6 | Viatris | 18.75 Bn | 17.86 Bn | 1.46 Bn | 1.45 Bn |
| 7 | Neurocrine Biosciences | 15.50 Bn | 15.11 Bn | 935.80 Mn | 807.50 Mn |
| 8 | Elanco Animal Health | 11.69 Bn | 11.16 Bn | 798.00 Mn | 550.00 Mn |
| 9 | Dr Reddys Laboratories | 10.13 Bn | 9.96 Bn | - | - |
| 10 | Eton Pharmaceuticals | 1.67 Bn | 1.64 Bn | 25.41 Mn | 12.62 Mn |
Historic Data
Download 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 |