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Eton Pharmaceuticals, Inc. revenue

Eton Pharmaceuticals, Inc.'s revenue was $80.0m in fiscal 2025, up 104.9% on the year before. Since fiscal 2019 ($959,000) it has grown at a compound 109.0% a year. Over the last twelve months it was $106m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Eton Pharmaceuticals, Inc.: revenue history, annual
Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue102221323980106
Growth on the year before—−95.9%+>999%−2.7%+48.9%+23.3%+104.9%—
Gross profit1−0191421234361
Gross margin52.8%—87.1%67.4%66.6%60.0%53.5%57.9%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Product Sales and Royalties $76.7M 95.9% ▲ 99.1%
Licenses $3.3M 4.1% ▲ 557.2%

From Eton Pharmaceuticals, Inc.'s 10-K filed March 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Pharmaceuticals: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Eton Pharmaceuticals, Inc. $106m 81.5% 53.8%
Niagen Bioscience, Inc. $129m 11.0% 16.8%
Zevra Therapeutics, Inc. $136m 119.4% 101.9%
Natural Alternatives International Inc $143m 9.7% -2.6%
Heron Therapeutics, Inc. $151m 1.0% 8.6%
Rockwell Medical, Inc. $69.4m -21.1% -2.9%

Compare with peers

Head to head: ETON vs NAGEETON vs ZVRAETON vs NAII

More: Pharmaceuticals stocks compared, Health Care sector, rankings of US companies

Figures from Eton Pharmaceuticals, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Eton Pharmaceuticals, Inc.