Eton Pharmaceuticals (ETON) Research & Development (2018 - 2025)
Eton Pharmaceuticals' (ETON) quarterly Research & Development came in at $1.8 million in Q4 2025, up 304.36% year-on-year from $440198.8 in Q4 2024, and up 60.07% quarter-over-quarter from $1.1 million in Q3 2025.
Eton Pharmaceuticals (ETON) Research & Development (2018 - 2025) Analysis & Trends
Eton Pharmaceuticals has disclosed Research & Development across 8 years of filings, most recently posting $1.8 million for Q4 2025.
- Research & Development for Q4 2025 came in at $1.8 million, up 304.36% year-over-year; the trailing twelve-month figure through Dec 2025 was $7.8 million (up 138.56% YoY), and the FY2025 annual result was $7.8 million, up 138.56% from the prior year.
- Research & Development came in at $1.8 million for Q4 2025 at Eton Pharmaceuticals, up from $1.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $3.7 million in Q2 2025 to a low of -$871000.0 in Q4 2024.
- The 5-year median for Research & Development is $915000.0 (2021), against an average of $1.2 million.
- Across the five-year window, Research & Development tumbled 183.19% in 2024 and jumped 304.36% in 2025, its largest moves.
- Eton Pharmaceuticals' Research & Development stood at $681000.0 in 2021, then surged by 38.62% to $944000.0 in 2022, then increased by 10.91% to $1.0 million in 2023, then sank by 183.19% to -$871000.0 in 2024, then surged by 304.36% to $1.8 million in 2025.
- The last three Research & Development figures came in at $1.8 million (Q4 2025), $1.1 million (Q3 2025), and $3.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 222.00 Mn |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 180.00 Mn |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 138.20 Mn |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 934,363.43 |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 296.20 Mn |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 97.00 Mn |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | 103.35 Mn |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 39.38 Mn |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 46.94 Mn |
| 10 | Eton Pharmaceuticals | 806.97 Mn | 781.03 Mn | 13.10 Mn | 1.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.78 Mn |
| Sep 30, 2025 | 1.11 Mn |
| Jun 30, 2025 | 3.71 Mn |
| Mar 31, 2025 | 1.16 Mn |
| Dec 31, 2024 | -871,000.00 |
| Sep 30, 2024 | 505,000.00 |
| Jun 30, 2024 | 2.97 Mn |
| Mar 31, 2024 | 651,000.00 |
| Dec 31, 2023 | 1.05 Mn |
| Sep 30, 2023 | 615,000.00 |
| Jun 30, 2023 | 1.13 Mn |
| Mar 31, 2023 | 535,000.00 |
| Dec 31, 2022 | 944,000.00 |
| Sep 30, 2022 | 744,000.00 |
| Jun 30, 2022 | 690,000.00 |
| Mar 31, 2022 | 500,000.00 |
| Dec 31, 2021 | 681,000.00 |
| Sep 30, 2021 | 2.68 Mn |
| Jun 30, 2021 | 1.99 Mn |
| Mar 31, 2021 | 886,000.00 |