Eton Pharmaceuticals Operating Expenses Growth & History (ETON)
Eton Pharmaceuticals's operating expenses was $43.6M for fiscal 2025.
View full Eton Pharmaceuticals company overviewEton Pharmaceuticals annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $43.6M | $17.6M | +67.58% |
| 2024 | 2024-12-31 | $26.0M | $3.8M | +16.87% |
| 2023 | 2023-12-31 | $22.3M | −$325,000 | −1.44% |
| 2022 | 2022-12-31 | $22.6M | $2.1M | +10.14% |
| 2021 | 2021-12-31 | $20.5M | −$6.2M | −23.26% |
| 2020 | 2020-12-31 | $26.7M | $7.6M | +39.81% |
| 2019 | 2019-12-31 | $19.1M | $8.8M | +85.13% |
| 2018 | 2018-12-31 | $10.3M | — | — |
Eton Pharmaceuticals quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $12.6M | −$780,000 | −5.82% |
| Q1 2026 | 2026-03-31 | $12.3M | $2.0M | +19.26% |
| Q4 2025 | 2025-12-31 | $10.6M | $4.8M | +81.91% |
| Q3 2025 | 2025-09-30 | $9.2M | $3.4M | +59.12% |
| Q2 2025 | 2025-06-30 | $13.4M | $4.8M | +56.51% |
| Q1 2025 | 2025-03-31 | $10.3M | $4.5M | +77.91% |
| Q4 2024 | 2024-12-31 | $5.8M | $224,000 | +3.98% |
| Q3 2024 | 2024-09-30 | $5.8M | $842,000 | +17.01% |
| Q2 2024 | 2024-06-30 | $8.6M | $2.8M | +47.63% |
| Q1 2024 | 2024-03-31 | $5.8M | −$73,000 | −1.24% |
| Q4 2023 | 2023-12-31 | $5.6M | $325,000 | +6.13% |
| Q3 2023 | 2023-09-30 | $5.0M | $38,000 | +0.77% |
| Q2 2023 | 2023-06-30 | $5.8M | −$154,000 | −2.59% |
| Q1 2023 | 2023-03-31 | $5.9M | −$534,000 | −8.33% |
| Q4 2022 | 2022-12-31 | $5.3M | $928,000 | +21.24% |
| Q3 2022 | 2022-09-30 | $4.9M | −$1.1M | −17.68% |
| Q2 2022 | 2022-06-30 | $6.0M | $735,000 | +14.09% |
| Q1 2022 | 2022-03-31 | $6.4M | $1.5M | +29.73% |
| Q4 2021 | 2021-12-31 | $4.4M | −$2.7M | −38.02% |
| Q3 2021 | 2021-09-30 | $6.0M | −$287,000 | −4.59% |
| Q2 2021 | 2021-06-30 | $5.2M | $688,000 | +15.19% |
| Q1 2021 | 2021-03-31 | $4.9M | −$3.9M | −44.31% |
| Q4 2020 | 2020-12-31 | $7.1M | $4.4M | +164.88% |
| Q3 2020 | 2020-09-30 | $6.3M | $1.2M | +24.06% |
| Q2 2020 | 2020-06-30 | $4.5M | $1.2M | +35.26% |
| Q1 2020 | 2020-03-31 | $8.9M | $824,000 | +10.23% |
| Q4 2019 | 2019-12-31 | $2.7M | $376,000 | +16.45% |
| Q3 2019 | 2019-09-30 | $5.0M | $2.7M | +112.38% |
| Q2 2019 | 2019-06-30 | $3.3M | $652,000 | +24.18% |
| Q1 2019 | 2019-03-31 | $8.1M | $5.1M | +171.73% |
| Q4 2018 | 2018-12-31 | $2.3M | — | — |
| Q3 2018 · Sep 30 | 2018-09-30 | $2.4M | −$396,000 | −14.30% |
| Q2 2018 | 2018-06-30 | $2.7M | — | — |
| Q1 2018 | 2018-03-31 | $3.0M | — | — |
| Q3 2018 · Sep 30 | 2017-09-30 | $2.8M | — | — |
Eton Pharmaceuticals operating expenses trends
Over the last five fiscal years, Eton Pharmaceuticals's operating expenses increased from $26.7M to $43.6M, a change of $16.9M. The latest reported quarter, Q2 2026, shows $12.6M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Eton Pharmaceuticals source filings ↗