ESTA
$66.95+1.78%
Establishment Labs Holdings Inc.Stock · HealthcareRussell 2000 · 0.07% of IWMNasdaq Composite · 0.006% of ONEQRussell 3000 · 0.003% of IWV
ESTA financial statements
The full income statement, balance sheet, and cash-flow statement for Establishment Labs Holdings Inc. (ESTA), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 27.9M2024-09 28.0M2024-12 28.8M2025-03 28.9M2025-06 29.0M2025-09 29.1M2025-12 29.3M2026-03 29.4M2026-06 29.8M+6.7% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 211M+27.1% | 166M+0.5% | 165M+2.1% | 162M+27.6% | 127M+49.6% | |
| 146M+33.6% | 110M+2.4% | 107M+0.4% | 107M+24.8% | 85.4M+62.7% | ||
| Cost of revenue | 64.8M+14.6% | 56.5M-2.9% | 58.2M+5.6% | 55.1M+33.5% | 41.3M+28.3% | |
| 185M+16.2% | 160M-7.3% | 172M+17.6% | 146M+32.3% | 111M+37.5% | ||
| Research & development | 20.2M+2.7% | 19.7M-25.4% | 26.4M+30.4% | 20.3M+10.7% | 18.3M+32.8% | |
| Selling, general & administrative | 165M+18.1% | 140M-4.0% | 146M+15.6% | 126M+36.6% | 92.2M+38.4% | |
| Amortization of intangibles | 3.30M+57.1% | 2.10M+75.0% | 1.20M+0.0% | 1.20M+0.0% | 1.20M+33.3% | |
| Provision for credit losses | 3.35M+94.7% | 1.72M+40.8% | 1.22M+1001.8% | 111K-44.5% | 200K-46.7% | |
| Operating income | -39.0M+22.0% | -50.0M+23.1% | -65.0M-64.0% | -39.7M-57.7% | -25.1M+9.9% | |
| Interest expense | 25.3M+21.3% | 20.8M+35.3% | 15.4M+30.9% | 11.8M+29.8% | 9.06M-3.3% | |
| Interest & investment income | 423K-71.4% | 1.48M+44.8% | 1.02M+1072.4% | 87.0K+278.3% | 23.0K+53.3% | |
| Other non-operating income | 5.82M+138.1% | -15.3M-1973.7% | 816K+125.7% | -3.18M+49.3% | -6.27M-134.0% | |
| Pre-tax income | -58.0M+31.4% | -84.6M-7.7% | -78.6M-7.9% | -72.8M-83.4% | -39.7M-4.5% | |
| Income tax | -6.96M-21643.8% | -32.0K+60.5% | -81.0K-103.4% | 2.38M+67.1% | 1.43M+1272.1% | |
| Net income | -51.1M+39.6% | -84.6M-7.8% | -78.5M-4.4% | -75.2M-82.8% | -41.1M-7.9% | |
| -$1.72+42.7% | -$3.00+2.3% | -$3.07+0.3% | -$3.08-79.1% | -$1.72-5.5% | ||
| EPS (basic) | -$1.72+42.7% | -$3.00+2.3% | -$3.07+0.3% | -$3.08-79.1% | -$1.72-5.5% | |
| Weighted-avg shares (basic) | 29.6M+5.2% | 28.2M+10.0% | 25.6M+4.7% | 24.5M+2.0% | 24.0M+2.8% | |
| Weighted-avg shares (diluted) | 29.6M+5.2% | 28.2M+10.0% | 25.6M+4.7% | 24.5M+2.0% | 24.0M+2.8% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 250M+2.8% | 243M+39.0% | 175M+16.7% | 150M+32.3% | 113M-14.4% | ||
| Cash & equivalents | 75.6M-16.4% | 90.3M+125.7% | 40.0M-39.7% | 66.4M+24.2% | 53.4M-36.8% | |
| Accounts receivable | 77.5M+19.2% | 65.0M+38.5% | 46.9M+32.5% | 35.4M+45.0% | 24.4M+27.8% | |
| Inventory | 85.6M+8.7% | 78.8M-0.9% | 79.5M+117.2% | 36.6M+28.8% | 28.4M+22.4% | |
| Prepaid expenses | 11.3M+26.2% | 8.92M+5.2% | 8.48M-26.6% | 11.5M+64.6% | 7.01M+28.9% | |
| Other current assets | — | — | — | 1.57M-11.5% | 1.77M-15.2% | |
| 357M+3.0% | 347M+29.1% | 269M+27.3% | 211M+51.3% | 140M-10.8% | ||
| Property, plant & equipment | 75.6M-3.1% | 78.0M+1.1% | 77.2M+51.1% | 51.1M+173.8% | 18.7M+15.2% | |
| Operating lease right-of-use | 4.34M-22.0% | 5.56M+64.5% | 3.38M-8.7% | 3.70M+67.8% | 2.21M-15.5% | |
| Goodwill | 1.21M+0.0% | 1.21M+160.0% | 465K+0.0% | 465K+0.0% | 465K+0.0% | |
| Intangible assets | 9.94M-14.9% | 11.7M+46.3% | 7.99M+73.3% | 4.61M+5.4% | 4.37M+5.4% | |
| Other non-current assets | 16.1M+120.5% | 7.31M+55.5% | 4.70M+264.5% | 1.29M+131.2% | 558K-16.0% | |
| 82.1M+20.3% | 68.3M+19.5% | 57.1M+46.7% | 39.0M+22.2% | 31.9M+23.1% | ||
| Accounts payable | 43.1M-3.7% | 44.8M+7.5% | 41.6M+107.8% | 20.0M+38.4% | 14.5M+48.9% | |
| Accrued liabilities | 18.9M+14.0% | 16.5M+20.8% | 13.7M-20.6% | 17.2M+6.2% | 16.2M+11.7% | |
| Deferred revenue | 1.21M-30.9% | 1.75M-4.7% | 1.84M+8.8% | 1.69M+119.5% | 769K-36.7% | |
| Short-term & current debt | — | 0.00 | — | — | — | |
| Current lease liability | 1.71M+13.1% | 1.51M+95.9% | 773K+12.4% | 688K+71.1% | 402K-49.0% | |
| Other current liabilities | 20.2M+189.0% | 6.98M+280.3% | 1.84M+8.8% | 1.69M+43.3% | 1.18M-28.4% | |
| Finance lease liability (current) | — | — | — | — | 13.0K-91.9% | |
| 334M+13.6% | 294M+17.4% | 250M+14.1% | 219M+146.9% | 88.8M+9.0% | ||
| Long-term debt | 248M+12.7% | 220M+16.3% | 189M+7.6% | 175M+238.0% | 51.9M+4.2% | |
| Deferred revenue (non-current) | 1.14M+1.1% | 1.12M-25.0% | 1.50M-10.3% | 1.67M-30.2% | 2.39M+28.6% | |
| Non-current lease liability | 2.82M-32.9% | 4.20M+55.0% | 2.71M-15.3% | 3.20M+68.4% | 1.90M-1.2% | |
| Operating lease liability (total) | 4.53M-20.7% | 5.72M+64.0% | 3.48M-10.4% | 3.89M+68.9% | 2.30M-15.1% | |
| Finance lease liability (total) | — | — | — | — | 13.0K-93.1% | |
| Finance lease liability | — | — | — | — | 0.00-100.0% | |
| Other non-current liabilities | 1.14M-32.3% | 1.68M+2.0% | 1.65M+1.2% | 1.63M-32.0% | 2.39M+2.6% | |
| 23.5M-55.7% | 53.1M+188.6% | 18.4M+324.7% | -8.19M-116.1% | 50.7M-32.3% | ||
| Common stock | 433M+3.1% | 420M+33.2% | 316M+41.1% | 224M+1.8% | 220M+2.9% | |
| Additional paid-in capital | 87.6M+13.8% | 77.0M+20.8% | 63.7M+27.7% | 49.9M+36.4% | 36.6M+36.9% | |
| Retained earnings | -496M-11.5% | -445M-23.5% | -360M-27.9% | -282M-36.4% | -206M-24.9% | |
| Treasury stock | 2.85M+0.0% | 2.85M+0.0% | 2.85M+0.0% | 2.85M+0.0% | 2.85M+0.0% | |
| Accumulated other comprehensive income | 1.16M-64.8% | 3.29M+67.3% | 1.96M-27.7% | 2.71M-25.8% | 3.66M+27.3% | |
| Total liabilities & equity | 357M+3.0% | 347M+29.1% | 269M+27.3% | 211M+51.3% | 140M-10.8% | |
| Common shares issued | 29.7M+1.8% | 29.2M+10.2% | 26.5M+6.8% | 24.8M+1.3% | 24.5M+2.4% | |
| Common shares outstanding | 29.3M+1.8% | 28.8M+10.4% | 26.1M+6.9% | 24.4M+1.4% | 24.1M+2.4% | |
| Shares outstanding (cover) | 29.3M+1.6% | 28.8M+6.0% | 27.2M+11.4% | 24.4M+1.2% | 24.1M+2.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| -50.9M+13.0% | -58.5M+33.9% | -88.5M-69.7% | -52.2M-89.5% | -27.5M-120.1% | ||
| Depreciation & amortization | 6.20M+31.9% | 4.70M+67.9% | 2.80M+12.0% | 2.50M+0.0% | 2.50M | |
| Intangible amortization | 3.30M+57.1% | 2.10M+75.0% | 1.20M+0.0% | 1.20M+0.0% | 1.20M+33.3% | |
| Share-based compensation | 11.4M-20.8% | 14.4M+0.3% | 14.4M+7.5% | 13.4M+28.4% | 10.4M | |
| Deferred income taxes | -9.44M-333.2% | -2.18M+41.2% | -3.71M-4409.3% | 86.0K+1128.6% | 7.00K+102.6% | |
| Change in receivables | 11.5M-56.4% | 26.3M+127.4% | 11.6M-6.3% | 12.3M+84.2% | 6.70M+276.0% | |
| Change in inventory | 7.06M+1398.9% | 471K-98.9% | 42.2M+287.4% | 10.9M+42.6% | 7.64M+259.7% | |
| Change in payables | -2.30M-134.4% | 6.67M-64.8% | 19.0M+333.2% | 4.38M-11.8% | 4.96M+879.7% | |
| -7.03M+55.0% | -15.6M+36.4% | -24.5M+29.4% | -34.8M-385.7% | -7.16M-28.9% | ||
| Capital expenditure | 6.05M-1.1% | 6.11M-22.7% | 7.91M+177.4% | 2.85M+17.6% | 2.42M+15.1% | |
| Free cash flow | -56.9M+11.9% | -64.6M+33.0% | -96.4M-75.3% | -55.0M-83.7% | -30.0M-105.0% | |
| Acquisitions | 307K+514.0% | 50.0K | 0.00 | 0.00 | 0.00 | |
| 40.4M-67.9% | 126M+46.0% | 86.2M-14.0% | 100M+2374.2% | 4.05M-93.7% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00-100.0% | 99.5M+17.7% | 84.5M | 0.00 | 0.00-100.0% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | 2.71M+286.1% | -1.46M-383.8% | 513K+243.3% | -358K+23.0% | -465K-274.2% | |
| Net change in cash | -14.8M-129.4% | 50.3M+291.2% | -26.3M-303.4% | 12.9M+141.6% | -31.1M-166.4% | |
| Interest paid | 20.5M+109.5% | 9.81M+72.4% | 5.69M+6.1% | 5.36M-22.6% | 6.93M-0.5% | |
| Income taxes paid | 420K-75.8% | 1.74M-19.9% | 2.17M+1.9% | 2.13M+225.9% | 652K+106.3% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 2.14B+60.8% | 1.33B+98.9% | 668M-58.2% | 1.60B-2.0% | 1.63B+84.0% | |
| P/S | 10.1×+26.5% | 8.0×+112.5% | 3.8×-63.9% | 10.4×-19.0% | 12.9×+23.0% | |
| P/B | 90.8×+262.6% | 25.0×+14.2% | 21.9×-97.9% | 1052.1×+3173.7% | 32.1×+171.8% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: ESTA’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ESTA filings on SEC EDGAR → Not investment advice.