Establishment Labs Holdings Inc. ESTA

65.97 0.39 0.59% as of 25 Sep
Market cap
$2.0B
P/E
0.0×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 36.89
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — 3 — — — 2 2 5 — — — —
Insider Ownership 9.14%

Capital & Financial Ratios

Market Cap 1,950.00
Revenue 245.82
Net Income (38.89)
Free Cash Flow (41.55)
Net Debt 190.55
Current Ratio 3.84
Debt/Equity 12.11
P/E ratio 0.00
P/S ratio 8.08
P/B ratio 91.97
Past 5Y EPS Growth (10.09%)
This Y EPS Growth 30.13%
Next Y EPS Growth 98.70%
Next 5Y EPS Growth 73.44%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 40 90 76 71
Receivables 47 65 77 76
Inventory 79 79 86 85
Other — — — —
175 243 250 248
2023 2024 2025 Q'26
Payables 42 45 43 33
ST’ Debt — — — —
Other 2 7 20 14
57 68 82 65
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 20.04% 9.29%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — (20.67%) 0.00%

Revenue

Mar Jun Sep Dec Year
’26 60 68 — — —
’25 41 51 54 65 211
’24 37 44 40 45 166
’23 47 49 39 32 165
’22 38 41 38 44 162
’21 30 32 29 35 127
’20 24 10 23 27 85
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (4) (17) — — —
’25 (21) (19) (11) 0 (51)
’24 (11) (14) (12) (21) (59)
’23 (21) (28) (32) (8) (89)
’22 (5) (11) (22) (14) (52)
’21 (7) (1) (12) (8) (28)
’20 (7) (6) (3) 3 (13)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (6) (20) — — —
’25 (22) (21) (13) (2) (58)
’24 (18) (19) (15) (23) (74)
’23 (25) (37) (38) (13) (113)
’22 (11) (25) (27) (24) (87)
’21 (8) (2) (14) (11) (35)
’20 (8) (7) (5) 7 (14)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.45) (0.39) — — —
’25 (0.70) (0.57) (0.38) (0.09) (1.72)
’24 (0.58) (0.62) (0.59) (1.19) (3.00)
’23 (0.48) (0.65) (1.12) (0.79) (3.07)
’22 (0.24) (1.52) (0.76) (0.55) (3.08)
’21 (0.29) (0.22) (0.61) (0.59) (1.72)
’20 (0.79) (0.45) (0.18) (0.23) (1.63)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — 20.05 16.55 7.56 35.10 44.03 16.96 24.42 26.56

Analyst estimates 2026–2028

Powerpack
Low Price
— — 30.71 30.06 37.88 88.66 93.80 79.88 60.12 78.24
High Price
— 397 505 602 521 746 958 908 1,018 1,004
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
20 35 61 90 85 127 162 165 166 211
Revenue
50.99% 51.04% 59.01% 61.25% 62.00% 67.42% 65.92% 64.78% 65.97% 69.32%
Gross Margin
(22) (35) (21) (38) (38) (40) (73) (79) (85) (58)
EBT
(111.23%) (100.32%) (34.12%) (41.88%) (44.90%) (31.35%) (45.04%) (47.58%) (50.97%) (27.49%)
EBT Margin
(22) (35) (21) (38) (38) (41) (75) (79) (85) (51)
Net Income
1 2 3 3 5 6 4 5 8 10
Depreciation
3.05 3.39 3.53 4.36 3.63 5.28 6.61 6.45 5.90 7.13
Revenue/Sh
(3.42) (3.41) (1.22) (1.86) (1.63) (1.72) (3.08) (3.07) (3.00) (1.72)
Earnings/Sh
(2.20) (3.12) (1.95) (1.46) (0.54) (1.15) (2.13) (3.46) (2.08) (1.72)
Cash Flow/Sh
(1.63) (0.09) (0.10) (0.38) (0.05) (0.30) (1.42) (0.96) (0.55) (0.23)
Capex/Sh
(3.83) (3.22) (2.06) (1.84) (0.59) (1.45) (3.56) (4.42) (2.63) (1.94)
Free CF/Sh
(4.08) (0.49) 4.00 1.93 3.22 2.12 (0.33) 0.72 1.89 0.80
Book Value/Sh
6 10 17 21 23 24 24 26 28 30
Shares
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PE Ratio
7.97 7.97 7.77 6.34 10.36 12.79 9.49 4.12 7.81 10.23
PS Ratio
160.25 160.25 6.85 14.34 11.71 31.93 0.00 37.00 24.44 91.68
PB Ratio
8.61 8.61 7.63 6.46 9.97 12.78 10.17 5.03 8.60 11.05
EV/Sales
(12.56) (12.56) (11.78) (15.34) (61.70) (46.67) (18.90) (7.34) (19.27) (40.47)
EV/FCF
(14) (32) (34) (30) (13) (28) (52) (89) (59) (51)
Op' Cash Flow
(11) (1) (2) (8) (1) (7) (35) (25) (16) (7)
Capex
(25) (33) (36) (38) (14) (35) (87) (113) (74) (58)
FCF
(42) (18) 83 73 106 81 111 118 175 168
Working Cap'
21 24 23 48 51 52 176 189 220 248
Total Debt
21 13 (30) 11 (34) (1) 110 149 129 172
Net Debt
(26) (5) 69 40 75 51 (8) 18 53 24
Sh' Equity
(51.14%) (80.54%) (24.30%) (32.73%) (27.94%) (27.80%) (42.90%) (32.73%) (27.49%) (14.51%)
ROA
0.00% (148.29%) (37.76%) (38.40%) (42.33%) (31.66%) (24.39%) (24.32%) (17.14%) (12.47%)
ROIC
140.92% 221.93% (65.45%) (69.94%) (66.54%) (65.46%) (353.48%) (1,537.75%) (236.67%) (133.25%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Establishment Labs Holdings Inc. peers in Medical Devices

All 149 Medical Devices stocks →

Establishment Labs Holdings Inc. (ESTA) key facts

  • Establishment Labs Holdings Inc. (ESTA) is a Medical Devices company in the Healthcare sector, listed on Nasdaq.
  • Establishment Labs Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $211.1 million, up 27.1% from fiscal 2024.
  • Establishment Labs Holdings Inc. reported a net loss of $51.1 million, or a loss of $1.72 per share, for fiscal 2025.
  • As of September 25, 2026, ESTA traded at $65.97, a market capitalization of $2.0 billion.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 8.1× sales.
  • Return on equity was −133.3% and debt-to-equity 12.11.

Source: company filings (standardised) and stockrow calculations.

Establishment Labs Holdings Inc. (ESTA) Latest News

News by impact score

Fine-tune

23 Sep

4

Establishment Labs is accelerating from cash-burning expansion to scalable profitability through its minimally invasive breast tissue platform, Preservé and Mia. Q2 revenue rose 31.7% year over year to $67.5 million, with US sales up 26% sequentially to $24.7 million, and gross margins improved to 70.6%, signaling pricing power and manufacturing efficiency. Adjusted EBITDA turned positive at $3.7 million, but GAAP results remained negative: operating loss of $4.3 million and net loss of $11.7 million, in part due to $2.2 million of one-time refinancing charges. Management raised full-year revenue guidance to $269–$271 million, implying ~11% growth, as the company funds a global product rollout with a higher debt load and a cash balance of $71.2 million as of 6/30/2026. While institutional sentiment is cautious and short interest high, the company argues its scientific moat and expanding product sizes could drive meaningful margin expansion and revenue share if sustained. Sustained profitability and scale could meaningfully alter the trajectory, but near-term losses and refinancing charges create execution risk.

21 Sep

4

Establishment Labs Holdings Inc. announced at the 11th World Symposium on Ergonomic Implants in Istanbul new data supporting Breast Tissue Preservation and its Minimally Invasive Platform, and introduced expanded Mia® and Preservé™ sizes with new tools. Data from the Breast Tissue Preservation Building Blocks Supplement in the Aesthetic Surgery Journal underpin a standardized framework for tissue-preserving breast techniques and report early- to mid-term observations from the Minimally Invasive Platform, including the first U.S. multicenter experience with Preservé. CEO Peter Caldini said expanded sizes broaden patient access and the company is pursuing additional minimally invasive launches as the market grows (ASPS reports 11% augmentation growth). The company highlighted its portfolio—Mia Femtech, Preservé, Motiva® devices, GEM, Motiva Flora tissue expander, Zensor RFID and Zen biosensor—and more than 200 patent applications, manufactured in Costa Rica to ISO 13485:2024 and FDA 21 CFR 820 standards. Expanded Mia and Preservé sizes and new clinical data strengthen the company's minimally invasive platform, potentially shifting adoption and competitive dynamics in the breast-augmentation market.

6 Aug

4 transcript

Establishment Labs Holdings Inc reported a 140% surge in U.S. sales during its Q2 2026 earnings call. 140% U.S. sales growth points to major revenue gains and stronger market position.

3

Establishment Labs Holdings Inc. (ESTA) Q2 earnings call highlighted quarterly financial results, operational updates and forward outlook. Q2 earnings call details typically influence short-term investor views on performance without major strategic shifts.

3

Establishment Labs Holdings Inc. reported second quarter 2026 financial results. Quarterly earnings release supplies financial metrics that can shift near-term stock valuation.

8 May

3

Analysts issued a financial statement on Establishment Labs Holdings Inc. (NASDAQ:ESTA)'s first-quarter report. Analyst reactions to quarterly earnings reports often moderately impact market sentiment and short-term stock performance.

7 May

4

Establishment Labs Holdings Inc. (ESTA) Q1 2026 earnings call highlights strong revenue growth. Strong revenue growth in Q1 2026 earnings signals significant positive impact on ESTA's financial trajectory and investor sentiment.

4

Establishment Labs Holdings Inc. (ESTA) released Q1 2026 earnings call summary detailing financial performance, operational updates, and forward guidance for its Motiva Implants business. Quarterly earnings summaries reveal financial results and guidance that significantly shape ESTA's market performance and investor outlook.

6 May

4

Establishment Labs Holdings Inc. (ESTA) released highlights from its Q1 earnings call, detailing financial results, operational updates, and forward guidance. Q1 earnings call highlights include financial performance and strategic updates that could significantly sway investor sentiment and stock trajectory.

4

Establishment Labs Holdings Inc. (ESTA) reported first quarter 2026 financial results, highlighting key revenue, earnings, and operational metrics for the period. Quarterly financial results significantly impact stock price, investor confidence, and future market performance.

3

Establishment Labs Holdings Inc. (ESTA) reported a Q1 net loss but exceeded revenue estimates. Q1 revenue beat despite net loss moderately affects financial performance and market sentiment.

3 May

4

Establishment Labs Holdings Inc. (ESTA) secured a new loan from Oaktree Capital Management, prompting questions on whether it reshapes the company's long-term capital structure strategy amid ongoing financial maneuvers. The Oaktree loan constitutes a major strategic financing move that could significantly alter ESTA's debt profile, liquidity, and investor outlook.

30 Apr

4

Establishment Labs Holdings Inc. (ESTA) refinanced its credit facility, securing improved terms including reduced interest rates, extended maturity to 2029, and increased borrowing capacity to $125 million. Refinancing the credit facility provides enhanced liquidity, lower costs, and financial flexibility critical for growth and operations.

7 Apr

4

Establishment Labs Holdings Inc. (ESTA) has surpassed more than five million Motiva devices implanted worldwide, marking a major milestone for its flagship breast implant product. Surpassing five million Motiva devices signals strong market penetration and product success, likely boosting revenue growth and investor confidence.

1 Apr

3

Analysts rework valuations for Establishment Labs Holdings Inc. (ESTA), shifting the company's investment story amid evolving market perspectives. Analyst valuation revisions moderately influence ESTA's financial perception and market sentiment without fundamentally altering operations.

25 Mar

4

Establishment Labs Holdings (ESTA) achieves impressive growth, capturing 20% market share in the US breast aesthetics market. Securing 20% market share in US breast aesthetics significantly boosts ESTA's competitive positioning and revenue potential.

2 Mar

3

Stephens anticipates sustainable growth for Establishment Labs Holdings Inc. (ESTA) over the coming years. Stephens' outlook on ESTA's sustainable growth will moderately influence investor sentiment and stock performance.

25 Feb

4

Establishment Labs Holdings Inc. (ESTA) reported record revenue growth in Q4 2025 earnings call highlights. Record revenue growth demonstrates strong financial performance poised to significantly boost investor sentiment and company trajectory.

4

Establishment Labs Holdings Inc. (ESTA) delivered strong results and issued optimistic multi-year guidance, sparking a valuation review highlighting potential upside. Strong results combined with optimistic multi-year guidance represent a major positive shift in ESTA's financial trajectory and investor sentiment.

24 Feb

4

Establishment Labs Holdings Inc. released Q4 2025 earnings call summary highlighting financial results, operational updates, and forward guidance. Q4 earnings call summaries disclose key financial metrics and strategic outlook that significantly sway investor sentiment and stock trajectory.

4

Establishment Labs Holdings Inc. (ESTA) released highlights from its Q4 earnings call, covering financial results, operational updates, and forward guidance. Q4 earnings call highlights disclose key financial metrics, growth strategies, and outlook that significantly shape investor expectations and market performance.

4

Establishment Labs Holdings Inc. (ESTA) reported fourth quarter and full-year 2025 financial results, along with 2026 guidance. Earnings results and forward guidance directly shape investor expectations and stock trajectory.

3

Establishment Labs Holdings Inc. (ESTA) reported a Q4 net loss but surpassed revenue estimates. Q4 net loss with revenue beat signals moderate financial influence amid mixed results.

3

Establishment Labs Holdings Inc. (ESTA) announces leadership transition to support next phase of growth. Leadership transition targets growth phase, moderately influencing strategic direction and market sentiment.

17 Feb

4

Establishment Labs Holdings Inc. (ESTA) stock soared in Q4 due to record revenue of $53.2 million, up 36% year-over-year, gross margin expansion to 71%, and strong demand for Motiva breast implants amid U.S. market growth. Q4 revenue surge and margin improvements signal significant positive momentum for ESTA's growth trajectory and investor sentiment.

10 Feb

3

Establishment Labs Holdings Inc. will announce its financial results for the fourth quarter of 2025 on February 24. The announcement is anticipated by investors and stakeholders as it will provide insights into the company's performance and future outlook. The upcoming financial results may influence investor sentiment and provide insights into the company's operational performance.

3 Feb

4

Establishment Labs Holdings Inc. is experiencing growth potential driven by its innovative breast implant technology and expanding market presence. The company is focusing on enhancing its product offerings and increasing its global reach, which could lead to significant revenue growth. Analysts are optimistic about the company's future, citing strong demand for its products and strategic initiatives aimed at capturing a larger market share. The overall sentiment surrounding Establishment Labs suggests a positive outlook for its performance in the coming years. The company's strategic initiatives and product innovations are expected to significantly impact its market position and investor sentiment.

3

Establishment Labs Holdings Inc. (NASDAQ: ESTA), a company currently operating at a loss, is projected to reach breakeven in the medium term. Analysts suggest that the company's strategic initiatives and market positioning may contribute to improved financial performance, although challenges remain in achieving profitability. The expectation of reaching breakeven indicates a moderately noticeable influence on the company's financial performance.

14 Jan

3

Establishment Labs Holdings Inc. (ESTA) experienced a mixed year in share price performance, prompting a reevaluation of its valuation. The company's financial results showed fluctuations, influenced by market conditions and operational challenges. Investors are closely monitoring the company's strategic initiatives and product developments, which could impact future growth and market positioning. Fluctuations in share price and operational challenges may moderately influence financial performance and market sentiment.

12 Jan

4

Establishment Labs Holdings Inc. reported preliminary unaudited financial results for the fourth quarter and fiscal year 2025, highlighting significant growth in revenue and an increase in product demand. The company anticipates continued expansion in its market presence and product offerings, driven by innovative technologies and strategic initiatives. Management expressed optimism about future performance and market opportunities. Significant revenue growth and strategic initiatives indicate a likely positive shift in the company's market trajectory.

stockrow.com/ESTA · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com