8-K Announcements
6Mar 19, 2026·SEC
Jan 2, 2026·SEC
Nov 14, 2025·SEC
Eledon Pharmaceuticals, Inc. (ELDN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Eledon Pharmaceuticals, Inc. (ELDN) stock price & volume — 10-year historical chart
Eledon Pharmaceuticals, Inc. (ELDN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Eledon Pharmaceuticals, Inc. (ELDN) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 19, 2026 | $0.10vs $0.20+50.0% | — |
| Q4 2025 | Nov 14, 2025 | $0.21vs $0.22+4.5% | — |
| Q3 2025 | Aug 14, 2025 | $0.13vs $0.23+43.5% | — |
| Q2 2025 | May 14, 2025 | $0.08vs $0.28+71.4% | — |
Eledon Pharmaceuticals, Inc. (ELDN) competitors in Immunology and Inflammation Therapies — business model, growth, and fundamentals comparison
Eledon Pharmaceuticals, Inc. (ELDN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Eledon Pharmaceuticals, Inc. (ELDN) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 22K | 11K | 182K | 183K | 195K | 373K | 374K | 359K | 0 | 88K |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | -22K▲ 0% | -11K▲ 50.0% | -182K▼ 1554.5% | -183K▼ 0.5% | -195K▼ 6.6% | -373K▼ 91.3% | -374K▼ 0.3% | -359K▲ 4.0% | 0▲ 100.0% | -88K▲ 0% |
| Gross Margin % | - | - | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | 37.14% | 50% | -1554.55% | -0.55% | -6.56% | -91.28% | -0.27% | 4.01% | 100% | - |
| Operating Expenses | 13.12M | 14.06M | 14M | 13.1M | 36.67M | 39.41M | 42.63M | 70.22M | 83.25M | 86.38M |
| OpEx % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 11.1M | 7.24M | 5.87M | 6.97M | 12.94M | 12.33M | 12.31M | 18.25M | 16.98M | 19.67M |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 2.02M | 6.82M | 8.13M | 6.13M | 23.73M | 27.08M | 30.31M | 51.96M | 66.27M | 66.7M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 5K | -5K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -13.12M▲ 0% | -14.06M▼ 7.2% | -14.18M▼ 0.9% | -13.28M▲ 6.4% | -36.87M▼ 177.6% | -39.78M▼ 7.9% | -43M▼ 8.1% | -70.58M▼ 64.1% | 0▲ 100.0% | -86.46M▲ 0% |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - |
| Operating Income Growth % | 65.58% | -7.16% | -0.88% | 6.35% | -177.55% | -7.9% | -8.09% | -64.13% | 100% | - |
| EBITDA | -13.1M | -14.05M | -14M | -13.1M | -36.67M | -39.41M | -42.63M | -70.22M | 0 | -66.8M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - | - |
| EBITDA Growth % | 65.61% | -7.25% | 0.33% | 6.44% | -179.94% | -7.46% | -8.17% | -64.73% | 100% | -19.6% |
| D&A (Non-Cash Add-back) | 22K | 11K | 182K | 183K | 195K | 373K | 374K | 359K | 0 | 18.05M |
| EBIT | -13.12M | -14.06M | -16.01M | -23.21M | -36.86M | -87.97M | -116.54M | -35.75M | 0 | -104.34M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 5K | -5K | -1.83M | -9.93M | 7K | -48.19M | -73.54M | 34.82M | 0 | 7.11M |
| Pretax Income | -13.12M▲ 0% | -14.06M▼ 7.2% | -16.01M▼ 13.8% | -23.21M▼ 45.0% | -36.86M▼ 58.8% | -87.97M▼ 138.6% | -116.54M▼ 32.5% | -35.75M▲ 69.3% | -45.58M▼ 27.5% | -79.36M▲ 0% |
| Pretax Margin % | - | - | - | - | - | - | - | - | - | - |
| Income Tax | 0 | -5K | 0 | -404K | -2.35M | 0 | 0 | 431K | -35K | 431K |
| Effective Tax Rate % | 0% | 0.04% | 0% | 1.74% | 6.39% | 0% | 0% | -1.21% | 0.08% | -0.54% |
| Net Income | -13.12M▲ 0% | -14.06M▼ 7.2% | -16.01M▼ 13.8% | -22.81M▼ 42.5% | -34.51M▼ 51.3% | -87.97M▼ 154.9% | -116.54M▼ 32.5% | -36.18M▲ 69.0% | -45.62M▼ 26.1% | -79.79M▲ 0% |
| Net Margin % | - | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | 65.45% | -7.24% | -13.84% | -42.47% | -51.27% | -154.93% | -32.48% | 68.95% | -26.07% | -3.08% |
| Net Income (Continuing) | -13.12M | -14.06M | -16.01M | -22.81M | -34.51M | -87.97M | -116.54M | -36.18M | -45.62M | -79.79M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -50.47▲ 0% | -28.11▲ 44.3% | -27.27▲ 3.0% | -15.72▲ 42.4% | -2.33▲ 85.2% | -6.13▼ 163.1% | -1.64▲ 73.2% | -0.75▲ 54.3% | -28.73▼ 3730.7% | -1.03▲ 0% |
| EPS Growth % | 97.17% | 44.3% | 2.99% | 42.35% | 85.18% | -163.09% | 73.25% | 54.27% | -3730.67% | 78.85% |
| EPS (Basic) | -50.47 | -28.11 | -27.27 | -15.72 | -2.33 | -6.13 | -0.00 | -0.75 | -28.73 | - |
| Diluted Shares Outstanding | 259.87K | 500.3K | 655.52K | 1.45M | 14.82M | 14.29M | 24.62M | 48.54M | 81.84M | 77.16M |
| Basic Shares Outstanding | 259.87K | 500.3K | 655.52K | 1.45M | 14.82M | 14.29M | 24.62M | 48.54M | 81.84M | 77.16M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
Eledon Pharmaceuticals, Inc. (ELDN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 19M | 14.28M | 9.97M | 115.63M | 88.35M | 59.52M | 56.13M | 143.73M | 135.69M | 96.3M |
| Cash & Short-Term Investments | 17.23M | 12.97M | 8.79M | 114.19M | 84.83M | 56.41M | 51.1M | 140.18M | 133.34M | 93.4M |
| Cash Only | 17.23M | 12.97M | 8.79M | 114.19M | 84.83M | 56.41M | 4.61M | 20.55M | 22.81M | 3.67M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 46.49M | 119.63M | 110.53M | 89.73M |
| Accounts Receivable | 0 | 594K | 245K | 110K | 0 | 0 | 0 | 0 | 0 | 753K |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 881K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | 1.77K | - | - | - | - | - | - | - |
| Other Current Assets | 88K | 36K | 54K | 38K | 34K | 28K | 90K | 729K | 2.35M | 14K |
| Total Non-Current Assets | 1.89M | 2.75M | 960K | 81.56M | 82.2M | 33.27M | 32.94M | 33.67M | 33.32M | 33.56M |
| Property, Plant & Equipment | 25K | 14K | 321K | 138K | 768K | 739K | 365K | 926K | 613K | 694K |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | 0.00x |
| Goodwill | 1.87M | 1.87M | 0 | 48.65M | 48.65M | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 32.39M | 32.39M | 32.39M | 32.39M | 32.39M | 0 | 32.39M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 869K | 639K | 383K | 400K | 150K | 186K | 363K | 32.71M | 1.54M |
| Total Assets | 20.89M▲ 0% | 17.03M▼ 18.5% | 10.93M▼ 35.8% | 197.19M▲ 1703.9% | 170.55M▼ 13.5% | 92.79M▼ 45.6% | 89.07M▼ 4.0% | 177.41M▲ 99.2% | 169.01M▼ 4.7% | 129.86M▲ 0% |
| Asset Turnover | - | - | - | - | - | - | - | - | - | 0.00x |
| Asset Growth % | -29.8% | -18.5% | -35.8% | 1703.91% | -13.51% | -45.59% | -4.02% | 99.18% | -4.73% | 232.39% |
| Total Current Liabilities | 1.44M | 2.53M | 1.32M | 2.48M | 4.4M | 6.47M | 3.9M | 11.58M | 18.34M | 14.3M |
| Accounts Payable | 418K | 689K | 329K | 1.37M | 1.81M | 2.2M | 967K | 5.83M | 3.63M | 4.63M |
| Days Payables Outstanding | 6.93K | 22.86K | 659.81 | 2.72K | 3.39K | 2.15K | 943.73 | 5.93K | - | 19.9K |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 358K | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 98K | 1.51M | 0 | 2M | 1.6M | 17.99M | 3.21M |
| Current Ratio | 13.19x | 5.63x | 7.54x | 46.57x | 20.07x | 9.19x | 14.41x | 12.42x | 7.40x | 7.40x |
| Quick Ratio | 13.19x | 5.63x | 6.88x | 46.57x | 20.07x | 9.19x | 14.41x | 12.42x | 7.40x | 7.40x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.02M | 1.84M | 144K | 4.11M | 2.15M | 2.13M | 77.96M | 47.69M | 13.89M | 80.2M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 283K | 0 |
| Capital Lease Obligations | 0 | 0 | 144K | 0 | 400K | 383K | 0 | 640K | 0 | 2.04M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 4.11M | 1.75M | 0 | 1.75M | 2.18M | 2.19M | 8.73M |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 1.75M | 76.21M | 44.87M | 11.42M | 179.82M |
| Total Liabilities | 1.44M | 2.53M | 1.47M | 6.59M | 6.55M | 8.61M | 81.86M | 59.27M | 32.23M | 94.5M |
| Total Debt | 0 | 0 | 324K | 144K | 769K | 746K | 383K | 954K | 641K | 722K |
| Net Debt | -17.23M | -12.97M | -8.47M | -114.05M | -84.06M | -55.66M | -4.23M | -19.59M | -22.17M | -2.95M |
| Debt / Equity | - | - | 0.03x | 0.00x | 0.00x | 0.01x | 0.05x | 0.01x | 0.01x | 0.01x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.01x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | 0.04x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 19.45M▲ 0% | 14.49M▼ 25.5% | 9.46M▼ 34.7% | 190.6M▲ 1913.7% | 164M▼ 14.0% | 84.18M▼ 48.7% | 7.21M▼ 91.4% | 118.14M▲ 1539.0% | 81.08M▼ 31.4% | 35.36M▲ 0% |
| Equity Growth % | -27.57% | -25.5% | -34.69% | 1913.69% | -13.96% | -48.67% | -91.44% | 1539.01% | -31.37% | 3710.72% |
| Book Value per Share | 74.85 | 28.97 | 14.44 | 131.32 | 11.07 | 5.89 | 0.29 | 2.43 | 0.99 | 0.46 |
| Total Shareholders' Equity | 19.45M | 14.49M | 9.46M | 190.6M | 164M | 84.18M | 7.21M | 118.14M | 81.08M | 35.36M |
| Common Stock | 7K | 9K | 13K | 15K | 14K | 14K | 24K | 60K | 75K | 60K |
| Retained Earnings | -27.51M | -41.57M | -57.58M | -80.39M | -114.9M | -202.87M | -319.4M | -355.59M | -401.2M | -390.76M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26K | 24K | 9K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Eledon Pharmaceuticals, Inc. (ELDN) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -14.94M | -11.89M | -13.86M | -15.21M | -28.91M | -28.42M | -39.53M | -47.27M | -62.34M | -62.34M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | 59.09% | 20.4% | -16.51% | -9.78% | -90.07% | 1.69% | -39.06% | -19.59% | -31.88% | -342.53% |
| Net Income | -13.12M | -14.06M | -16.01M | -22.81M | -34.51M | -87.97M | -116.54M | -36.18M | -45.62M | -79.79M |
| Depreciation & Amortization | 22K | 11K | 182K | 183K | 195K | 373K | 374K | 359K | 0 | 88K |
| Stock-Based Compensation | 579K | 1.54M | 1.31M | 3.17M | 7.9M | 8.15M | 6.54M | 13.12M | 10.45M | 14.57M |
| Deferred Taxes | 0 | 0 | 0 | -404K | -2.35M | 0 | 0 | 431K | 5K | 431K |
| Other Non-Cash Items | 49K | 471K | 1.87M | 4.83M | 0 | 48.65M | 75.01M | -33.71M | -27.18M | -5.54M |
| Working Capital Changes | -2.48M | 618K | -1.2M | -180K | -152K | 2.37M | -4.92M | 8.71M | 0 | 3.01M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -1.96M | 1.09M | -1.39M | -39K | 2.14M | 2.08M | -2.6M | 7.75M | 6.72M | 1.65M |
| Cash from Investing | 23.26M | 0 | 0 | 11.04M | 0 | 0 | -45.29M | -70.31M | 10.79M | -16.13M |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | 23.25M | 0 | 0 | 11.04M | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 8K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 7.87M | 7.56M | 9.68M | 109.58M | -449K | 0 | 33.02M | 133.52M | 53.81M | 80.28M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 1000K | -449K | 0 | 1000K | 1000K | 0 | 1000K |
| Dividends Paid | 0 | 0 | 0 | -25K | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | -25K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 3.12M | 71K | 0 | 5.38M | 0 | 0 | 0 | 215K | 53.81M | 115K |
| Net Change in Cash | 16.19M▲ 0% | -4.33M▼ 126.8% | -4.18M▲ 3.5% | 105.4M▲ 2621.0% | -29.36M▼ 127.9% | -28.42M▲ 3.2% | -51.8M▼ 82.2% | 15.94M▲ 130.8% | 2.26M▼ 85.8% | -3.08M▲ 0% |
| Free Cash Flow | -14.94M▲ 0% | -11.89M▲ 20.4% | -13.86M▼ 16.5% | -15.21M▼ 9.8% | -28.91M▼ 90.1% | -28.42M▲ 1.7% | -39.53M▼ 39.1% | -47.27M▼ 19.6% | -62.34M▼ 31.9% | -67.24M▲ 0% |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | 59.11% | 20.4% | -16.51% | -9.78% | -90.07% | 1.69% | -39.06% | -19.59% | -31.88% | -79.71% |
| FCF per Share | -57.49 | -23.77 | -21.14 | -10.48 | -1.95 | -1.99 | -1.61 | -0.97 | -0.76 | -0.76 |
| FCF Conversion (FCF/Net Income) | 1.14x | 0.85x | 0.87x | 0.67x | 0.84x | 0.32x | 0.34x | 1.31x | 1.37x | 0.84x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Eledon Pharmaceuticals, Inc. (ELDN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -56.64% | -82.87% | -133.66% | -22.8% | -19.46% | -70.89% | -255.03% | -57.73% | -45.79% | -85.31% |
| Return on Invested Capital (ROIC) | -211.61% | -564.05% | -844.96% | -25.69% | -35.34% | -55.02% | -204.77% | -104.28% | - | -76.51% |
| Debt / Equity | - | - | 0.03x | 0.00x | 0.00x | 0.01x | 0.05x | 0.01x | 0.01x | 0.01x |
| FCF Conversion | 1.14x | 0.85x | 0.87x | 0.67x | 0.84x | 0.32x | 0.34x | 1.31x | 1.37x | 0.84x |
Eledon Pharmaceuticals, Inc. (ELDN) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 19, 2026·SEC
Jan 2, 2026·SEC
Nov 14, 2025·SEC
Eledon Pharmaceuticals, Inc. (ELDN) stock FAQ — growth, dividends, profitability & financials explained
Eledon Pharmaceuticals, Inc. (ELDN) grew revenue by 0.0% over the past year. Growth has been modest.
Eledon Pharmaceuticals, Inc. (ELDN) reported a net loss of $79.8M for fiscal year 2025.
Eledon Pharmaceuticals, Inc. (ELDN) has a return on equity (ROE) of -45.8%. Negative ROE indicates the company is unprofitable.
Eledon Pharmaceuticals, Inc. (ELDN) had negative free cash flow of $67.2M in fiscal year 2025, likely due to heavy capital investments.
Eledon Pharmaceuticals, Inc. (ELDN) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates