Eton Pharmaceuticals, Inc.

Eton Pharmaceuticals, Inc.

ETONยทNASDAQ

$28.86

+5.3%
HealthcareBiotechnology

Eton Pharmaceuticals, Inc., a specialty pharmaceutical company, focuses on developing and commercializing pharmaceutical products for rare diseases. The company offers Biorphen, a phenylephrine injection for the treatment of clinically important hypotension resulting primarily from vasodilation in the setting of anesthesia; Carglumic Acid for the treatment of acute and chronic hyperammonemia due to N-acetylglutamate Synthase deficiency; and Rezipres, a ready-to-use formulation of a molecule that is indicated for the treatment of clinically important hypotension occurring in the setting of anesthesia. It also offers Alkindi Sprinkle, a replacement therapy for adrenocortical insufficiency in children under 17 years of age; EPRONTIA, a liquid formulation of topiramate; and Alaway Preservative Free, a preservative-free ophthalmic product to treat allergic conjunctivitis. In addition, the company develops Zonisamide Oral Suspension for the treatment of partial on-set seizures; Lamotrigine for Oral Suspension for the treatment of partial on-set seizures; cysteine injection; dehydrated alcohol injection; and Zeneo hydrocortisone autoinjector. Eton Pharmaceuticals, Inc. was incorporated in 2017 and is based in Deer Park, Illinois.

At a Glance

Live Snapshot
Market Cap$790.54M
EPS-0.1700
P/E Ratio-169.76
Earnings Date08/06/2026
3Y+276.0%
5Y+204900.0%
10Y-
3Y-49.0%
5Y-84.0%
10Y-36.0%
3Y+118.0%
5Y-147.0%
10Y-323.0%
Eton Pharmaceuticals, Inc.

Eton Pharmaceuticals, Inc. Profit Bridge

ETON ยท NASDAQ
Revenue79.95M
Cost of Goods Sold (37.21M)
Gross Profit42.74M
Operating Expenses (42.67M)
Operating Income72.00K
Interest Expense (4.78M)
Other Income/Expense-4.63M
Pretax Income-4.56M
Income Tax (43.00K)
Net Income-4.60M
Net Income
-4.60M

Profitability Analysis

Gross Margin

53.5%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

0.1%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

-5.8%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Eton Pharmaceuticals, Inc. Income Statement

ETON โ€ข NASDAQ

Eton Pharmaceuticals, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
REVENUE
80M
39M
31.6M
21.3M
21.8M
39K
959K
0.0
0.0
GROSS PROFIT
(37.2M)
(15.6M)
(10.6M)
(6.9M)
(2.6M)
(286K)
(453K)
(63K)
(13K)
42.7M
23.4M
21.1M
14.3M
19.2M
-247K
506K
-63K
-13K
OPERATING INCOME
(42.7M)
(26M)
(22.3M)
(22.6M)
(20.7M)
(26.9M)
(19.1M)
(10.3M)
(7.1M)
(35.8M)
(22.8M)
(18.9M)
(18.6M)
(14.5M)
(12.8M)
(7.6M)
(4.7M)
(3.2M)
(7.8M)
(3.3M)
(3.3M)
(4M)
(6.2M)
(14.1M)
(11.6M)
(5.6M)
(3.9M)
72K
-2.6M
-1.2M
-8.3M
-1.5M
-27.1M
-18.6M
-10.3M
-7.2M
PRE-TAX INCOME
(4.8M)
(2M)
(0.0)
(0.0)
(0.0)
(889K)
(0.0)
(0.0)
(0.0)
-4.8M
-2M
0.0
0.0
0.0
-889K
281K
0.0
0.0
-916K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-4.6M
-1.2M
503K
-761K
-460K
-859K
281K
-2.4M
-6K
-4.6M
-3.8M
-689K
-9M
-2M
-28M
-18.3M
-12.7M
-7.2M
NET INCOME
(43K)
(15K)
(247K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-4.6M
-3.8M
-936K
-9M
-2M
-28M
-18.3M
-12.7M
-7.2M

SEC Filings

ETON - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 19, 2026
May 18, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 14, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 14, 2026
May 14, 2026
2026
8-K

8-K 2026

N/A

May 01, 2026
May 01, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 27, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 24, 2026
June 09, 2026
2026
8-K

8-K 2026

N/A

April 16, 2026
April 16, 2026
2026
8-K

8-K 2026

N/A

April 15, 2026
April 09, 2026
2026
8-K

8-K 2026

N/A

March 19, 2026
March 19, 2026
2026
10-K

10-K 2025 FY

FY

March 19, 2026
December 31, 2025
2025
Showing 1 to 10 of 195 filings