Eton Pharmaceuticals (ETON) Operating Expenses (2018 - 2025)
Eton Pharmaceuticals (ETON) reported Operating Expenses of $10.6 million for Q4 2025, up 81.91% on a YoY basis from $5.8 million in Q4 2024, and up 15.38% sequentially from $9.2 million in Q3 2025.
Eton Pharmaceuticals (ETON) Operating Expenses (2018 - 2025) Analysis & Trends
Eton Pharmaceuticals (ETON) has 8 years of Operating Expenses data on file, last reported at $10.6 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 81.91% year-over-year to $10.6 million; the trailing twelve-month figure through Dec 2025 stood at $43.6 million (up 67.58% YoY), and the FY2025 full-year result was $43.6 million, up 67.58% from the prior year.
- Operating Expenses climbed to $10.6 million in Q4 2025, from $9.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $13.4 million in Q2 2025 to a low of $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.
- Across the five-year window, Operating Expenses tumbled 44.31% in 2021 and surged 81.91% in 2025, its largest moves.
- Tracing ETON's Operating Expenses over 5 years: stood at $4.4 million in 2021, then increased by 20.22% to $5.3 million in 2022, then gained by 6.13% to $5.6 million in 2023, then advanced by 3.98% to $5.8 million in 2024, then surged by 81.91% to $10.6 million in 2025.
- Business Quant data shows ETON's Operating Expenses at $10.6 million in Q4 2025, $9.2 million in Q3 2025, and $13.4 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 88.07 Bn | 86.20 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 35.75 Bn | 32.01 Bn | 1.97 Bn | 1.00 Bn |
| 3 | Zoetis | 31.84 Bn | 29.90 Bn | 1.62 Bn | 788.00 Mn |
| 4 | Takeda Pharmaceutical | 27.18 Bn | 23.12 Bn | 4.39 Bn | 12.58 Bn |
| 5 | United Therapeutics | 23.09 Bn | 20.93 Bn | 648.10 Mn | 455.70 Mn |
| 6 | RedHill Biopharma | 21.32 Bn | 21.32 Bn | - | - |
| 7 | Viatris | 19.96 Bn | 18.16 Bn | 1.16 Bn | 1.24 Bn |
| 8 | Neurocrine Biosciences | 17.66 Bn | 16.34 Bn | 800.70 Mn | 621.10 Mn |
| 9 | Elanco Animal Health | 12.44 Bn | 12.02 Bn | 785.00 Mn | 494.00 Mn |
| 10 | Eton Pharmaceuticals | 1.14 Bn | 1.12 Bn | 13.10 Mn | 10.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 4.94 Mn |