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Other financials

Income statement

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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

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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$1.2B+162%
Enterprise value$1.21B+161%
P/S13.8×+5.9×

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:ShareBasedCompensation.

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 itemThree months ended / March 31, 2026Three months ended / March 31, 2025
Cash flows from (used in) operating activities
Net income (loss)$1,554$(1,572)
Adjustments to reconcile net income (loss) to net cash from (used in) operating activities:
Stock-based compensation1,5181,200
Depreciation and amortization1,1311,013
Inventory step-up3501,142
Excess and obsolete inventory reserve227110
Debt discount amortization and non-cash interest expenses118294

Document

FAQ

What is Eton Pharmaceuticals, Inc.'s stock-based comp?
Eton Pharmaceuticals, Inc. (ETON) reported stock-based comp of $1.52M in Q1 2026.
How has Eton Pharmaceuticals, Inc.'s stock-based comp changed year-over-year?
Eton Pharmaceuticals, Inc.'s stock-based comp increased by 26.5% year-over-year, from $1.2M to $1.52M.
What is the long-term trend for Eton Pharmaceuticals, Inc.'s stock-based comp?
Over 4 years (2021 to 2025), Eton Pharmaceuticals, Inc.'s stock-based comp has grown at a 13.0% compound annual growth rate (CAGR), from $3.38M to $5.51M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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