Establishment Labs Holdings Inc. (ESTA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 59.88M | 64.62M | 53.78M | 51.3M | 41.38M | 44.51M | 40.23M | 44.12M | 37.17M | 31.56M | 38.51M | 48.56M | 46.52M | 43.81M | 38.24M | 41.19M | 38.45M | 35.31M | 29.04M | 31.99M |
| Revenue Growth % | 44.71% | 45.16% | 33.7% | 16.28% | 11.33% | 41.05% | 4.47% | -9.15% | -20.11% | -27.97% | 0.68% | 17.9% | 20.99% | 24.07% | 31.7% | 28.74% | 26.75% | 30.97% | 27.6% | 205.46% |
| Cost of Goods Sold | 17.54M | 19.09M | 16.09M | 16.03M | 13.57M | 14.02M | 14.51M | 15.18M | 12.79M | 10.97M | 12.45M | 18.3M | 16.45M | 15.65M | 12.21M | 13.74M | 13.52M | 11.09M | 9.42M | 10.53M |
| COGS % of Revenue | 29.3% | 29.54% | 29.91% | 31.24% | 32.79% | 31.5% | 36.07% | 34.41% | 34.4% | 34.77% | 32.34% | 37.68% | 35.35% | 35.72% | 31.91% | 33.35% | 35.15% | 31.4% | 32.44% | 32.9% |
| Gross Profit | 42.34M | 45.53M | 37.7M | 35.27M | 27.81M | 30.49M | 25.72M | 28.94M | 24.38M | 20.59M | 26.05M | 30.26M | 30.08M | 28.16M | 26.04M | 27.45M | 24.94M | 24.23M | 19.62M | 21.47M |
| Gross Margin % | 70.7% | 70.46% | 70.09% | 68.76% | 67.21% | 68.5% | 63.93% | 65.59% | 65.6% | 65.22% | 67.66% | 62.32% | 64.65% | 64.28% | 68.09% | 66.65% | 64.85% | 68.6% | 67.56% | 67.1% |
| Gross Profit Growth % | 52.24% | 49.32% | 46.58% | 21.9% | 14.06% | 48.13% | -1.29% | -4.38% | -18.95% | -26.91% | 0.05% | 10.22% | 20.62% | 16.26% | 32.72% | 27.88% | 24.12% | 65.43% | 29.54% | 196.77% |
| Operating Expenses | 48.85M | 49.46M | 41.72M | 49.38M | 44.75M | 49.16M | 38.86M | 38.28M | 33.21M | 42.7M | 47.09M | 43.97M | 38.24M | 41.33M | 36.56M | 37.86M | 30.51M | 33.59M | 28.66M | 26.1M |
| OpEx % of Revenue | 81.58% | 76.55% | 77.57% | 96.26% | 108.16% | 110.44% | 96.59% | 86.77% | 89.36% | 135.3% | 122.29% | 90.55% | 82.19% | 94.32% | 95.59% | 91.92% | 79.35% | 95.13% | 98.71% | 81.58% |
| Selling, General & Admin | 43.6M | 44.03M | 37.17M | 44.18M | 39.7M | 44.02M | 34.05M | 32.79M | 28.94M | 36.88M | 39.96M | 37.03M | 31.71M | 34.85M | 31.27M | 32.96M | 26.91M | 27.56M | 24.78M | 21.75M |
| SG&A % of Revenue | 72.82% | 68.14% | 69.1% | 86.11% | 95.94% | 98.89% | 84.66% | 74.33% | 77.87% | 116.86% | 103.78% | 76.25% | 68.15% | 79.53% | 81.76% | 80.01% | 69.99% | 78.04% | 85.33% | 67.99% |
| Research & Development | 5.24M | 5.43M | 4.55M | 5.2M | 5.05M | 5.14M | 4.8M | 5.49M | 4.27M | 5.82M | 7.13M | 6.95M | 6.53M | 6.48M | 5.29M | 4.9M | 3.6M | 6.03M | 3.88M | 4.35M |
| R&D % of Revenue | 8.75% | 8.41% | 8.47% | 10.14% | 12.22% | 11.56% | 11.93% | 12.44% | 11.5% | 18.44% | 18.51% | 14.31% | 14.04% | 14.79% | 13.83% | 11.9% | 9.36% | 17.09% | 13.38% | 13.59% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -6.51M | -3.93M | -4.03M | -14.11M | -16.95M | -18.67M | -13.14M | -9.34M | -8.83M | -22.11M | -21.04M | -13.71M | -8.16M | -13.16M | -10.52M | -10.41M | -5.58M | -9.37M | -9.04M | -4.63M |
| Operating Margin % | -10.87% | -6.08% | -7.48% | -27.5% | -40.96% | -41.94% | -32.66% | -21.18% | -23.77% | -70.07% | -54.64% | -28.24% | -17.54% | -30.04% | -27.5% | -25.26% | -14.5% | -26.52% | -31.14% | -14.48% |
| Operating Income Growth % | 61.58% | 78.95% | 69.37% | -50.97% | -91.83% | 15.58% | 37.55% | 31.86% | -8.26% | -68.05% | -100.04% | -31.78% | -46.37% | -40.51% | -16.29% | -124.56% | -165.98% | -16.83% | -249.05% | 51.74% |
| EBITDA | -6.51M | -4.67M | -1.64M | -11.51M | -14.38M | -16.28M | -10.95M | -7.76M | -7.42M | -20.72M | -19.79M | -12.58M | -7.05M | -13.08M | -8.51M | -9.41M | -4.58M | -8.27M | -8.04M | -3.63M |
| EBITDA Margin % | -10.87% | -7.23% | -3.04% | -22.44% | -34.75% | -36.57% | -27.22% | -17.59% | -19.97% | -65.65% | -51.41% | -25.91% | -15.15% | -29.86% | -22.26% | -22.86% | -11.91% | -23.41% | -27.7% | -11.35% |
| EBITDA Growth % | 54.72% | 71.3% | 85.05% | -48.32% | -93.77% | 21.44% | 44.68% | 38.33% | -5.31% | -58.36% | -132.54% | -33.67% | -53.86% | -58.29% | -5.83% | -159.27% | -335.36% | -20.59% | -349.08% | 58.77% |
| D&A (Non-Cash Add-back) | 0 | 0 | 2.39M | 2.6M | 2.57M | 2.39M | 2.19M | 1.58M | 1.41M | 1.4M | 1.24M | 1.13M | 1.11M | 77K | 2M | 992K | 995K | 1.1M | 1M | 1M |
| EBIT | -6.51M | -4.67M | -4.52M | -9.63M | -13.94M | -29.99M | -10.86M | -11.57M | -11.38M | -18.71M | -24.93M | -12.2M | -7.36M | -10.54M | -14.13M | -33.15M | -3.24M | -11.08M | -12.32M | -2.67M |
| Net Interest Income | -7.06M | -7.21M | -6.16M | -5.87M | -5.6M | -5.75M | -5.08M | -4.63M | -3.89M | -3.83M | -3.41M | -3.45M | -3.68M | -2.17M | -3.87M | -3.36M | -2.27M | -2.32M | -2.29M | -2.24M |
| Interest Income | 26K | 34K | 48K | 91K | 250K | 199K | 234K | 556K | 488K | 504K | 271K | 170K | 75K | 25K | 10K | 32K | 20K | 8K | 7K | 4K |
| Interest Expense | 7.09M | 7.24M | 6.2M | 5.96M | 5.85M | 5.95M | 5.31M | 5.19M | 4.38M | 4.34M | 3.68M | 3.62M | 3.76M | 2.2M | 3.88M | 3.39M | 2.29M | 2.33M | 2.29M | 2.25M |
| Other Income/Expense | -6.58M | -7.99M | -6.7M | -1.48M | -2.85M | -17.27M | -3.03M | -7.41M | -6.93M | -932K | -7.57M | -2.11M | -2.95M | 417K | -7.49M | -26.14M | 41K | -4.04M | -5.57M | -280K |
| Pretax Income | -13.09M | -11.91M | -10.72M | -15.59M | -19.8M | -35.94M | -16.17M | -16.75M | -15.76M | -23.05M | -28.6M | -15.82M | -11.11M | -12.74M | -18M | -36.54M | -5.53M | -13.4M | -14.61M | -4.91M |
| Pretax Margin % | -21.87% | -18.44% | -19.94% | -30.39% | -47.84% | -80.74% | -40.2% | -37.97% | -42.41% | -73.03% | -74.28% | -32.58% | -23.88% | -29.09% | -47.08% | -88.72% | -14.39% | -37.95% | -50.32% | -15.36% |
| Income Tax | 288K | -9.3M | 424K | 1M | 914K | -1.41M | 510K | 428K | 438K | -2.5M | 669K | 925K | 830K | 819K | 603K | 564K | 399K | 788K | 66K | 408K |
| Effective Tax Rate % | -2.2% | 78.05% | -3.95% | -6.44% | -4.62% | 3.92% | -3.15% | -2.55% | -2.78% | 10.87% | -2.34% | -5.85% | -7.47% | -6.43% | -3.35% | -1.54% | -7.21% | -5.88% | -0.45% | -8.3% |
| Net Income | -13.38M | -2.62M | -11.15M | -16.59M | -20.71M | -34.53M | -16.68M | -17.18M | -16.2M | -20.54M | -29.27M | -16.75M | -11.94M | -13.56M | -18.61M | -37.11M | -5.93M | -14.19M | -14.68M | -5.32M |
| Net Margin % | -22.35% | -4.05% | -20.72% | -32.34% | -50.05% | -77.57% | -41.47% | -38.94% | -43.59% | -65.09% | -76.02% | -34.48% | -25.67% | -30.95% | -48.65% | -90.09% | -15.43% | -40.19% | -50.55% | -16.63% |
| Net Income Growth % | 35.38% | 92.43% | 33.19% | 3.42% | -27.82% | -68.1% | 43.01% | -2.6% | -35.67% | -51.47% | -57.31% | 54.87% | -101.28% | 4.43% | -26.77% | -597.22% | 14.61% | -151.44% | -245.61% | 49.17% |
| Net Income (Continuing) | -13.38M | -2.62M | -11.15M | -16.59M | -20.71M | -34.53M | -16.68M | -17.18M | -16.2M | -20.54M | -29.27M | -16.75M | -11.94M | -13.56M | -18.61M | -37.11M | -5.93M | -14.19M | -14.68M | -5.32M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.45 | -0.09 | -0.38 | -0.56 | -0.70 | -1.19 | -0.60 | -0.62 | -0.58 | -0.79 | -1.12 | -0.65 | -0.48 | -0.56 | -0.76 | -1.52 | -0.24 | -0.59 | -0.61 | -0.22 |
| EPS Growth % | 35.71% | 92.58% | 36.67% | 9.68% | -20.69% | -50.63% | 46.43% | 4.62% | -20.83% | -41.07% | -47.37% | 57.24% | -100% | 5.08% | -24.59% | -590.91% | 17.24% | -145.83% | -238.89% | 51.11% |
| EPS (Basic) | -0.45 | -0.09 | -0.38 | -0.56 | -0.70 | -1.19 | -0.60 | -0.62 | -0.58 | -0.79 | -1.12 | -0.65 | -0.48 | -0.56 | -0.76 | -1.52 | -0.24 | -0.59 | -0.61 | -0.22 |
| Diluted Shares Outstanding | 29.62M | 29.62M | 29.62M | 29.48M | 29.48M | 28.94M | 27.91M | 27.91M | 27.79M | 26.06M | 26.03M | 25.62M | 24.68M | 24.41M | 24.51M | 24.4M | 24.31M | 24.09M | 24.09M | 23.95M |
| Basic Shares Outstanding | 29.62M | 29.62M | 29.62M | 29.48M | 29.48M | 28.94M | 27.91M | 27.91M | 27.79M | 26.06M | 26.03M | 25.62M | 24.68M | 24.41M | 24.51M | 24.4M | 24.31M | 24.08M | 24.09M | 23.95M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |