Establishment Labs Financial Statements
NASDAQ: ESTAHealth CareIndustrial SpecialtiesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Establishment Labs revenue and earnings
In fiscal 2025, Establishment Labs generated $211.1 million in revenue, up 27.1% from fiscal 2024, its 5th consecutive year of revenue growth. Establishment Labs reported a net loss of $51.1 million, compared with a loss of $84.6 million a year earlier. Gross margin was 69.3% (up from 66.0%) and operating margin -18.5%.
Diluted earnings per share came in at -$1.72. Over the last 5 fiscal years, ESTA's revenue has grown at a 20.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Establishment Labs income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 211.08M | 166.03M | 165.15M | 161.70M | 126.68M | 84.68M | 89.56M | 61.21M | 34.68M |
| Revenue growth (YoY) | +27.14% | +0.53% | +2.13% | +27.64% | +49.61% | -5.46% | +46.33% | +76.49% | — |
| Cost of Revenue | 64.77M | 56.50M | 58.17M | 55.10M | 41.28M | 32.17M | 34.70M | 25.09M | 16.98M |
| Gross Profit | 146.31M | 109.53M | 106.98M | 106.59M | 85.40M | 52.50M | 54.86M | 36.12M | 17.70M |
| Operating Expenses | 185.32M | 159.51M | 172.00M | 146.25M | 110.54M | 80.42M | 85.80M | 59.98M | 37.69M |
| Research & Development | 20.25M | 19.71M | 26.43M | 20.27M | 18.32M | 13.79M | 14.99M | 12.69M | 6.86M |
| Selling, General & Admin | 165.07M | 139.81M | 145.57M | 125.98M | 92.23M | 66.63M | 70.81M | 47.30M | 30.82M |
| Operating Income | -39.01M | -49.99M | -65.03M | -39.66M | -25.14M | -27.92M | -30.94M | -23.86M | -19.98M |
| Interest Expense | 25.26M | 20.83M | 15.39M | 11.76M | 9.06M | 9.37M | 8.70M | 8.81M | 10.42M |
| Other Income (Expense) | 5.82M | -15.29M | 816.00K | -3.18M | -6.27M | -2.68M | -1.21M | -2.39M | -395.00K |
| Pretax Income | -58.02M | -84.63M | -78.58M | -72.82M | -39.71M | -38.02M | -37.51M | -20.88M | -34.79M |
| Income Tax | -6.96M | -32.00K | -81.00K | 2.38M | 1.43M | 104.00K | 640.00K | 215.00K | 105.00K |
| Net Income | -51.06M | -84.60M | -78.50M | -75.21M | -41.14M | -38.12M | -38.15M | -21.10M | -34.90M |
| Net Income growth (YoY) | — | — | — | — | — | — | — | — | — |
| EPS (Basic) | -1.72 | -3.00 | -3.07 | -3.08 | -1.72 | -1.63 | -1.86 | -1.22 | -3.41 |
| EPS (Diluted) | -1.72 | -3.00 | -3.07 | -3.08 | -1.72 | -1.63 | -1.86 | -1.22 | -3.41 |
| Shares Outstanding (Basic) | 29.62M | 28.16M | 25.60M | 24.46M | 23.97M | 23.32M | 20.54M | 17.35M | 10.23M |
| Shares Outstanding (Diluted) | 29.62M | 28.16M | 25.60M | 24.46M | 23.97M | 23.32M | 20.54M | 17.35M | 10.23M |
| EBITDA | -32.81M | -45.29M | -62.23M | -37.16M | -22.64M | — | — | — | — |
| Gross Margin | 69.32% | 65.97% | 64.78% | 65.92% | 67.42% | 62.00% | 61.25% | 59.01% | 51.04% |
| Operating Margin | -18.48% | -30.11% | -39.37% | -24.53% | -19.84% | -32.97% | -34.55% | -38.99% | -57.62% |
| Net Margin | -24.19% | -50.95% | -47.53% | -46.51% | -32.47% | -45.02% | -42.59% | -34.47% | -100.62% |
This table shows 9 annual periods of Establishment Labs's income statement, from FY 2025 back to FY 2017, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow ESTA's reporting calendar. What is a income statement?