
Eton Pharmaceuticals Income Statement 2025-2011 | ETON
Brief overview of financial performance at Eton Pharmaceuticals
The figures are compared over a five-year interval. According to figures from Eton Pharmaceuticals, revenue changed from 39 thousand dollars to 80 million dollars over five years. Overall revenue changed by +204900%, equal to an annualized rate of about 359.6%. The company expanded its revenue base at a high speed.
The five-year change in gross profit reached +10865.7%: from −$397 thousand to $42.7 million. Cost of revenue developed more favorably than sales, supporting gross profitability. The gross margin was −1017.9% at the start and 53.5% at the end. Improving gross profitability strengthens the quality of revenue growth.
The five-year EBITDA result moved by +112%: from −26.8 million dollars to 3.2 million dollars. EBITDA lagged revenue, showing weaker operating momentum. The EBITDA share of revenue changed from −68625.6% to 4%. The business generated more EBITDA from each unit of revenue.
The net financial result changed from −28 million dollars to −4.6 million dollars. The loss narrowed, although sustainable profitability has not yet returned.
Over the period, capitalization shifted from 217 million dollars to 559 million dollars (+157.7%). A large part of future progress may already be reflected in the valuation.
What the figures show
The five-year picture requires weighing both strengths and weaknesses. Key strengths include improving gross profitability, an improving EBITDA margin and a stronger final result. The weaker side of the profile includes limited operating profitability. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement Eton Pharmaceuticals
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
559 M | 538 M | 114 M | 106 M | 93.3 M | 217 M | 122 M | 39.8 M | - | - | - | - | - | - | - |
Shares |
26.9 M | 25.9 M | 25.6 M | 25.1 M | 25.2 M | 24.3 M | 17.8 M | 6.42 M | - | - | - | - | - | - | - |
Historical Prices |
20.8 | 20.8 | 4.46 | 4.2 | 3.7 | 8.92 | 6.66 | 6.1 | - | - | - | - | - | - | - |
Net Income |
-4.6 M | -3.82 M | -936 K | -9.02 M | -1.96 M | -28 M | -18.3 M | -12.7 M | - | - | - | - | - | - | - |
Revenue |
80 M | 39 M | 31.6 M | 21.3 M | 21.8 M | 39 K | 959 K | - | - | - | - | - | - | - | - |
Cost of Revenue |
37.2 M | 15.6 M | 10.6 M | 6.93 M | 2.83 M | 436 K | 453 K | - | - | - | - | - | - | - | - |
Gross Profit |
42.7 M | 23.4 M | 21.1 M | 14.3 M | 19 M | -397 K | 506 K | - | - | - | - | - | - | - | - |
Operating Income |
-844 K | -2.6 M | -1.19 M | -8.26 M | -1.5 M | -27.1 M | -18.6 M | -10.3 M | - | - | - | - | - | - | - |
Interest Expense |
- | - | 1.06 M | 955 K | 1.04 M | 884 K | 98 K | - | - | - | - | - | - | - | - |
EBITDA |
3.2 M | -1.45 M | -291 K | -8.19 M | -1.03 M | -26.8 M | -18.2 M | -10.3 M | - | - | - | - | - | - | - |
Operating Expenses |
43.6 M | 26 M | 22.3 M | 22.6 M | 20.5 M | 26.7 M | 19.1 M | 10.3 M | - | - | - | - | - | - | - |
General and Administrative Expenses |
35.8 M | 22.8 M | 18.9 M | 18.6 M | 14.3 M | 12.6 M | 7.55 M | 4.69 M | - | - | - | - | - | - | - |
All numbers in USD currency
Quarterly Income Statement Eton Pharmaceuticals
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
26.9 M | 27.3 M | - | 26.9 M | 26.9 M | 26.9 M | 26.7 M | 25.9 M | 25.8 M | 25.8 M | 25.7 M | 25.7 K | 25.6 K | 25.5 K | 25.4 M | 25.4 M | 25.1 M | 25.3 M | 24.6 M | 25.3 M | 25.2 K | 24.5 M | 24.3 M | 21.1 M | 21 M | 18.1 M | 17.9 M | 17.9 M | 17.7 K | 17.5 M | 11.6 M | 5.62 M | 4.79 M | 3.55 M | 6 M | 3.5 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
-2.58 M | 1.55 M | - | -1.93 M | -2.58 M | -1.57 M | - | 627 K | -3.04 M | -811 K | - | -579 K | 4.56 M | -2.66 M | - | -3.04 M | -1.56 M | -5.33 M | - | -6.09 M | -2.02 M | 5.12 M | - | -6.5 M | -4.73 M | -9.05 M | -2.7 M | -4.96 M | -3.25 M | -7.41 M | -3.73 M | -2.91 M | -3.08 M | -3.02 M | - | -2.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
18.9 M | 24.3 M | - | 22.5 M | 18.9 M | 17.3 M | - | 10.3 M | 9.07 M | 7.97 M | - | 7.03 M | 12 M | 5.3 M | - | 3.22 M | 7.36 M | 2.18 M | - | 775 K | 3.07 M | 11.9 M | - | -161 K | 20 K | 99 K | 459 K | 500 K | 500 K | 500 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
7 M | 9.53 M | - | 14.6 M | 7 M | 7.42 M | - | 4.02 M | 3.45 M | 2.96 M | - | 2.62 M | 2.32 M | 1.96 M | - | 1.2 M | 2.74 M | 849 K | - | 654 K | 174 K | 1.59 M | - | 144 K | 28 K | 102 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
11.9 M | 14.7 M | - | 7.86 M | 11.9 M | 9.86 M | - | 6.3 M | 5.63 M | 5.01 M | - | 4.4 M | 9.68 M | 3.35 M | - | 2.02 M | 4.61 M | 1.33 M | - | 121 K | 2.89 M | 10.3 M | - | -17 K | -8 K | -3 K | - | 500 K | 500 K | 500 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
-1.48 M | 2.41 M | - | -1.36 M | -1.48 M | -470 K | - | 509 K | -2.94 M | -800 K | - | -548 K | 3.88 M | -2.53 M | - | -2.9 M | -1.34 M | -5.09 M | - | -5.85 M | -2.32 M | 5.36 M | - | -6.27 M | -4.54 M | -8.88 M | - | -5.04 M | -3.35 M | -7.55 M | - | -2.37 M | -2.7 M | -2.96 M | - | -2.77 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
- | 1.14 M | - | 1.21 M | - | 1.16 M | - | 211 K | - | 238 K | - | 267 K | - | 265 K | - | 699 K | 466 K | 247 K | - | 766 K | 513 K | 264 K | - | 617 K | 386 K | 195 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
-1.48 M | 3.54 M | - | - | - | 543 K | - | 521 K | -2.92 M | -566 K | - | -539 K | 3.89 M | -2.32 M | - | -2.88 M | -1.32 M | -4.91 M | - | -5.82 M | -2.3 M | 5.45 M | - | -5.78 M | -4.21 M | -8.72 M | - | -4.74 M | -3.17 M | -7.5 M | - | -2.33 M | -2.67 M | -2.95 M | - | -2.77 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
13.4 M | 12.3 M | - | 9.22 M | 13.4 M | 10.3 M | - | 5.79 M | 8.56 M | 5.81 M | - | 4.95 M | 5.8 M | 5.88 M | - | 4.91 M | 5.95 M | 6.41 M | - | 5.97 M | 5.22 M | 4.94 M | - | 6.26 M | 4.53 M | 8.88 M | 2.66 M | 5.04 M | 3.35 M | 8.05 M | 2.29 M | 2.37 M | 2.7 M | 2.96 M | - | 2.77 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
9.69 M | 10.4 M | - | 8.11 M | 9.69 M | 9.17 M | - | 5.29 M | 5.59 M | 5.16 M | - | 4.34 M | 4.67 M | 5.34 M | - | 4.17 M | 5.26 M | 4.8 M | - | 3.29 M | 3.23 M | 4.06 M | - | 3.43 M | 2.92 M | 2.61 M | - | 1.62 M | 1.91 M | 1.59 M | - | 830 K | 990 K | 1.69 M | - | 1.21 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Eton Pharmaceuticals (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.