Eledon Pharmaceuticals annual r&d spending
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Eledon Pharmaceuticals R&D Spending Growth & History (ELDN)
Eledon Pharmaceuticals's r&d spending was $66.3M for fiscal 2025.
View full Eledon Pharmaceuticals company overviewEledon Pharmaceuticals annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $66.3M | $14.3M | +27.52% |
| 2024 | 2024-12-31 | $52.0M | $21.7M | +71.43% |
| 2023 | 2023-12-31 | $30.3M | $3.2M | +11.94% |
| 2022 | 2022-12-31 | $27.1M | $3.3M | +14.09% |
| 2021 | 2021-12-31 | $23.7M | $17.6M | +287.13% |
| 2020 | 2020-12-31 | $6.1M | −$2.0M | −24.57% |
| 2019 | 2019-12-31 | $8.1M | $1.3M | +19.23% |
| 2018 | 2018-12-31 | $6.8M | $4.8M | +237.14% |
| 2017 | 2017-12-31 | $2.0M | −$1.2M | −36.63% |
| 2016 | 2016-12-31 | $3.2M | −$29.4M | −90.22% |
| 2015 | 2015-12-31 | $32.6M | $18.1M | +123.90% |
| 2014 | 2014-12-31 | $14.6M | $2.4M | +19.47% |
| 2013 | 2013-12-31 | $12.2M | $4.8M | +65.55% |
| 2012 | 2012-12-31 | $7.4M | — | — |
Eledon Pharmaceuticals quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $18.2M | −$2.0M | −10.09% |
| Q1 2026 | 2026-03-31 | $17.2M | $3.7M | +27.09% |
| Q4 2025 | 2025-12-31 | $17.5M | −$437,000 | −2.44% |
| Q3 2025 | 2025-09-30 | $15.0M | −$1.6M | −9.39% |
| Q2 2025 | 2025-06-30 | $20.3M | $10.2M | +100.63% |
| Q1 2025 | 2025-03-31 | $13.5M | $6.1M | +82.60% |
| Q4 2024 | 2024-12-31 | $17.9M | $10.9M | +153.69% |
| Q3 2024 | 2024-09-30 | $16.5M | $8.6M | +108.30% |
| Q2 2024 | 2024-06-30 | $10.1M | $2.9M | +40.34% |
| Q1 2024 | 2024-03-31 | $7.4M | −$703,000 | −8.67% |
| Q4 2023 | 2023-12-31 | $7.1M | −$183,000 | −2.52% |
| Q3 2023 | 2023-09-30 | $7.9M | $479,000 | +6.43% |
| Q2 2023 | 2023-06-30 | $7.2M | $1.5M | +25.39% |
| Q1 2023 | 2023-03-31 | $8.1M | $1.5M | +22.28% |
| Q4 2022 | 2022-12-31 | $7.3M | $1.1M | +17.28% |
| Q3 2022 | 2022-09-30 | $7.5M | −$206,000 | −2.69% |
| Q2 2022 | 2022-06-30 | $5.7M | $1.5M | +35.38% |
| Q1 2022 | 2022-03-31 | $6.6M | $982,000 | +17.37% |
| Q4 2021 | 2021-12-31 | $6.2M | $3.1M | +103.62% |
| Q3 2021 | 2021-09-30 | $7.7M | $7.0M | +1145.20% |
| Q2 2021 | 2021-06-30 | $4.2M | $3.4M | +409.86% |
| Q1 2021 | 2021-03-31 | $5.7M | $4.0M | +243.02% |
| Q4 2020 | 2020-12-31 | $3.0M | $1.7M | +127.76% |
| Q3 2020 | 2020-09-30 | $615,000 | −$894,000 | −59.24% |
| Q2 2020 | 2020-06-30 | $832,000 | −$1.5M | −63.78% |
| Q1 2020 | 2020-03-31 | $1.6M | −$1.3M | −44.86% |
| Q4 2019 | 2019-12-31 | $1.3M | −$1.4M | −51.35% |
| Q3 2019 | 2019-09-30 | $1.5M | −$142,000 | −8.60% |
| Q2 2019 | 2019-06-30 | $2.3M | $968,000 | +72.84% |
| Q1 2019 | 2019-03-31 | $3.0M | $1.9M | +172.47% |
| Q4 2018 | 2018-12-31 | $2.7M | $2.2M | +455.78% |
| Q3 2018 | 2018-09-30 | $1.7M | $1.1M | +219.34% |
| Q2 2018 | 2018-06-30 | $1.3M | $796,000 | +149.34% |
| Q1 2018 | 2018-03-31 | $1.1M | $618,000 | +129.02% |
| Q4 2017 | 2017-12-31 | $493,000 | — | — |
| Q3 2017 | 2017-09-30 | $517,000 | −$536,000 | −50.90% |
| Q2 2017 | 2017-06-30 | $533,000 | −$59,000 | −9.97% |
| Q1 2017 | 2017-03-31 | $479,000 | −$7.5M | −93.96% |
| Q3 2016 | 2016-09-30 | $1.1M | −$7.4M | −87.60% |
| Q2 2016 | 2016-06-30 | $592,000 | −$5.3M | −89.89% |
| Q1 2016 | 2016-03-31 | $7.9M | −$2.6M | −24.89% |
| Q4 2015 | 2015-12-31 | $7.7M | $3.9M | +103.29% |
| Q3 2015 | 2015-09-30 | $8.5M | $5.7M | +200.57% |
| Q2 2015 | 2015-06-30 | $5.9M | $1.5M | +33.31% |
| Q1 2015 | 2015-03-31 | $10.6M | $7.0M | +196.93% |
| Q4 2014 | 2014-12-31 | $3.8M | — | — |
| Q3 2014 | 2014-09-30 | $2.8M | $121,000 | +4.47% |
| Q2 2014 | 2014-06-30 | $4.4M | — | — |
| Q1 2014 | 2014-03-31 | $3.6M | — | — |
| Q3 2013 | 2013-09-30 | $2.7M | — | — |
Eledon Pharmaceuticals r&d spending trends
Over the last five fiscal years, Eledon Pharmaceuticals's r&d spending increased from $6.1M to $66.3M, a change of $60.1M. The latest reported quarter, Q2 2026, shows $18.2M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Eledon Pharmaceuticals source filings ↗