10-Q quarterly report · filed Nov 6, 2025

Eton Pharmaceuticals, Inc. (ETON) Q3 2025 10-Q Quarterly Report

Short answer

Eton Pharmaceuticals, Inc. (ETON) filed its Q3 2025 10-Q quarterly report on Nov 6, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $22M (up 117.5% year over year) with net income of −$2M.

Q3 2025 key financials · XBRL

Revenue
$22M
+117.5% YoY · +18.7% QoQ
Net income
−$2M
−407.3% YoY · +25.5% QoQ
Operating margin
-6.1%
Gross margin
35.0%
EPS (diluted)
−$0.08
−366.7% YoY · +11.1% QoQ

Source: XBRL data from the Eton Pharmaceuticals, Inc. (ETON) Q3 2025 10-Q on SEC EDGAR. USD.

Eton Pharmaceuticals, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q3 revenue $22.459M, up $12.135M YoY from $10.324M
  • Gross profit $7.855M, up from $6.302M; gross margin 35.0% vs 61.0% YoY
  • Best products ALKINDI SPRINKLE®, INCRELEX®, and GALZIN®; product-specific revenue not disclosed
  • Cash $37.1M and operating cash flow $22.075M through September 30, 2025
  • Management expects liquidity sufficient for at least twelve months; development spending and faster growth could accelerate capital depletion

Risk Factors

  • No risk-factors section provided in submitted filing text
  • No newly added or changed risk identified
  • No regulatory, legal, operational, competitive, market, or financial risk disclosed

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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