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Other financials

Income statement

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Revenue$24.3M+40.4%
Gross profit$14.7M+49.4%
Net income$1.6M+199%
EPS (diluted)$0.05+183%

Balance sheet

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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

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Operating cash flow$7.4M+254%
CapEx$75.0K
Free cash flow$7.3M+251%

Valuation

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Market cap$1.26B+209%
Enterprise value$1.28B+208%
P/S14.6×+7.5×

Profitability

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Gross margin54.8%-3.7pp
Operating margin-15.1%
Net margin-9.5%-2.7pp
FCF margin17.1%

Returns & leverage

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Return on equity-34.2%+0.9pp
Debt / equity-0.2×
Current ratio1.2×-0.8×

Where this comes from

Reported directly by Eton Pharmaceuticals, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Eton Pharmaceuticals, Inc.’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-017064
Line itemFor the three months ended / March 31, 2026For the three months ended / March 31, 2025
Research and development1,8751,161
General and administrative10,4469,170
Total operating expenses12,32110,331
Income (loss) from operations2,414(470)
Other expense:
Interest and other expense, net(840)(1,028)
Income (loss) before income tax expense1,574(1,498)
Income tax expense2074

Document

FAQ

What is Eton Pharmaceuticals, Inc.'s operating income?
Eton Pharmaceuticals, Inc. (ETON) reported operating income of $2.41M in Q1 2026.
How has Eton Pharmaceuticals, Inc.'s operating income changed year-over-year?
Eton Pharmaceuticals, Inc.'s operating income increased by 613.6% year-over-year, from -$470K to $2.41M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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