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Eton Pharmaceuticals Inc (ETON) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

HEALTHCARE · DRUG MANUFACTURERS - SPECIALTY & GENERIC · DATA UPDATED 2026-09-13

Eton Pharmaceuticals Inc (ETON) operates in the DRUG MANUFACTURERS - SPECIALTY & GENERIC industry and is headquartered in Deer Park, United States with about 44 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-12-31, ETON reported $80M in revenue and ($5M) in net income.

Eton Pharmaceuticals, Inc., a pharmaceutical company, focuses on developing and commercializing treatments for rare diseases.

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ETON Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Total Revenue$105M$80M$39M$32M$21M$22M$0M$1M$0M$0M
Gross Profit$61M$43M$23M$21M$14M$19M$0M$1M$0M$0M
Gross Margin %58.1%53.5%60.0%66.6%67.4%88.0%-633.3%52.8%
Operating Income (EBIT)$16M$0M($3M)($1M)($8M)($1M)($27M)($19M)($10M)($7M)
Operating Margin %15.2%0.1%-6.7%-3.8%-38.9%-6.9%-69515.4%-1939.6%
Net Income$13M($5M)($4M)($1M)($9M)($2M)($28M)($18M)($13M)($7M)
Net Margin %12.4%-5.8%-9.8%-3.0%-42.4%-8.9%-71717.9%-1910.3%
EBITDA$19M$4M($1M)$0M($7M)($1M)($26M)($18M)($10M)($7M)
Earnings Per Share (EPS)$0.37$-0.17$-0.15$-0.04$-0.36$-0.08$-1.33$-1.03$-1.99$-0.41
Shares Outstanding (M)33M27M26M26M25M25M21M18M6M17M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ETON Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$38M$24M$21M$22M$19M$17M$12M$10M
Gross Profit$25M$15M$13M$8M$12M$10M$6M$6M
Gross Margin %67.6%60.7%61.6%35.0%63.0%57.1%55.6%61.0%
Operating Income (EBIT)$13M$2M$2M($1M)($1M)$0M$1M$1M
Operating Margin %34.0%10.0%11.6%-6.1%-7.8%-2.7%5.4%4.9%
Net Income$12M$2M$1M($2M)($3M)($2M)($1M)$1M
Net Margin %30.8%6.4%7.0%-8.6%-13.7%-9.1%-5.1%6.1%
EBITDA$13M$2M$4M$0M$0M$1M$0M$1M
Earnings Per Share (EPS)$0.35$0.05$0.04$-0.07$-0.10$-0.06$-0.02$0.02
Shares Outstanding (M)33M32M27M27M27M27M26M27M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ETON Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Cash from Operations (CFO)$14M$11M$1M$7M$5M($5M)($22M)($18M)($8M)($5M)
Capital Expenditures (CapEx)$0M$0M$0M$1M$3M$3M$0M$2M$0M$0M
Free Cash Flow (FCF)$14M$10M$1M$6M$2M($8M)($22M)($20M)($8M)($5M)
FCF Margin %13.3%12.8%2.4%19.1%9.6%-36.5%-57425.6%-2072.2%
Dividends Paid$1M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ETON Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$7M$7M($12M)$12M$8M$2M($1M)$3M
Capital Expenditures (CapEx)$0M$0M$0M$0M$0M$0M$0M$2M
Free Cash Flow (FCF)$7M$7M($12M)$12M$8M$2M($1M)$1M
FCF Margin %19.3%30.2%-54.5%52.3%42.0%12.1%-6.7%10.5%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ETON Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Total Assets$116M$92M$76M$32M$25M$27M$26M$17M$28M$13M
Cash & Cash Equivalents$27M$26M$15M$21M$16M$14M$21M$12M$27M$13M
Total Liabilities$69M$66M$52M$16M$12M$10M$11M$7M$2M$1M
Total Debt (Short + Long-Term)$28M$31M$30M$5M$6M$7M$7M$5M$0M$0M
Total Shareholders' Equity$47M$26M$24M$15M$13M$18M$16M$11M$26M$12M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive ETON viewer.

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