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
DateValue
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