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Eton Pharmaceuticals (ETON) operating margin by quarter

Eton Pharmaceuticals' operating margin was 39.7% in Q3 2026 (third quarter 2026), +5.7 pts from Q2 2026. Over the last 4 quarters it ranged from 9.9% (Q1 2026) to 39.7% (Q3 2026).

Eton Pharmaceuticals operating margin by quarterEton Pharmaceuticals operating margin by quarter11.6%Q4 20259.9%Q1 202634.0%Q2 202639.7%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202639.7%+5.7 pts—
Q2 202634.0%+24.1 pts—
Q1 20269.9%-1.6 pts—
Q4 202511.6%——

Q3 2026 at a glance

Eton Pharmaceuticals, Q3 2026: revenue $57.9M (+158% year over year), operating margin 39.7%, net earnings $35.2M, operating cash flow $35.2M. The chart follows the revenue to costs, profit and cash.

Questions

What is Eton Pharmaceuticals' operating margin?

Eton Pharmaceuticals' operating margin was 39.7% in Q3 2026 (third quarter 2026), +5.7 pts from Q2 2026.

How has Eton Pharmaceuticals' operating margin changed?

Over the last 4 quarters it ranged from 9.9% (Q1 2026) to 39.7% (Q3 2026).

Q3 2026 results → · How Eton Pharmaceuticals makes money →