What is Eton Pharmaceuticals, Inc.'s net debt?

Eton Pharmaceuticals, Inc. (ETON) reported net debt of $11.6M in Q1 2026.

How has Eton Pharmaceuticals, Inc.'s net debt changed year-over-year?

Eton Pharmaceuticals, Inc.'s net debt decreased by 8.9% year-over-year, from $12.74M to $11.6M.

What is the long-term trend for Eton Pharmaceuticals, Inc.'s net debt?

Over 5 years (2020 to 2025), Eton Pharmaceuticals, Inc.'s net debt has grown at a -17.8% compound annual growth rate (CAGR), from -$13.72M to $5.14M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Eton Pharmaceuticals, Inc. ETON Net debt

Discontinued — last reported Q1 '26

Net debt at other companies

Cabot CorporationCBT

1.1×-0.3×

Travel + LeisureTNL

6×+1.6×

UnifirstUNF

-0.2×-0.1×

HES

Hess MidstreamHESM

3.1×-0.1×

TDA

USA TODAY Co., Inc.TDAY

8.8×+4.2×

Resolute Holdings Management RHLD

11.8×+10.5×

Other financials

Income statement

See full

Revenue$24.3M+40.4%

Gross profit$14.7M+49.4%

Operating income$2.4M+614%

Net income$1.6M+199%

EPS (diluted)$0.05+183%

Balance sheet

See full

Cash & equivalents$19.7M+12.9%

Total debt$31.3M+3.7%

Total equity$30.6M+25.2%

Total assets$97.7M+16.3%

Cash flow

See full

Operating cash flow$7.4M+254%

CapEx$75.0K—

Free cash flow$7.3M+251%

Valuation

See full

Market cap$930.79M+162%

Enterprise value$942.39M+156%

P/S10.7×+3.4×

Profitability

See full

Gross margin54.8%-3.7pp

Operating margin-15.1%—

Net margin-9.5%-2.7pp

FCF margin17.1%—

Returns & leverage

See full

Return on equity-34.2%+0.9pp

Debt / equity1×-0.2×

Current ratio1.2×-0.8×

Where this comes from

Calculated from Eton Pharmaceuticals, Inc.’s reported figures.

$31.3Mtotal debt−$19.7Mcash and equivalents=$11.6M

The official record: Eton Pharmaceuticals, Inc.’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

Ask your AI about Eton Pharmaceuticals, Inc.'s net debt.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Eton Pharmaceuticals, Inc.'s net debt?: Eton Pharmaceuticals, Inc. (ETON) reported net debt of $11.6M in Q1 2026.
How has Eton Pharmaceuticals, Inc.'s net debt changed year-over-year?: Eton Pharmaceuticals, Inc.'s net debt decreased by 8.9% year-over-year, from $12.74M to $11.6M.
What is the long-term trend for Eton Pharmaceuticals, Inc.'s net debt?: Over 5 years (2020 to 2025), Eton Pharmaceuticals, Inc.'s net debt has grown at a -17.8% compound annual growth rate (CAGR), from -$13.72M to $5.14M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.