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Eton Pharmaceuticals (ETON) R&D spending by quarter

Eton Pharmaceuticals' R&D spending was $5.3M in Q3 2026 (third quarter 2026), +431% from Q2 2026. Over the last 7 quarters it ranged from $993K (Q2 2026) to $5.3M (Q3 2026).

Eton Pharmaceuticals R&D spending by quarterEton Pharmaceuticals R&D spending by quarter$1.2MQ1 2025$3.7MQ2 2025$1.1MQ3 2025$1.8MQ4 2025$1.9MQ1 2026$993KQ2 2026$5.3MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$5.3M+431%+374%
Q2 2026$993K-47%-73%
Q1 2026$1.9M+5%+61%
Q4 2025$1.8M+60%—
Q3 2025$1.1M-70%—
Q2 2025$3.7M+220%—
Q1 2025$1.2M——

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' R&D spending?

Eton Pharmaceuticals' R&D spending was $5.3M in Q3 2026 (third quarter 2026), +431% from Q2 2026.

How has Eton Pharmaceuticals' R&D spending changed?

Over the last 7 quarters it ranged from $993K (Q2 2026) to $5.3M (Q3 2026).

Q3 2026 results → · How Eton Pharmaceuticals makes money →