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Establishment Labs (ESTA)

NasdaqMarket Closed

Establishment Labs Holdings Inc. is a medical technology company focused on aesthetic and reconstructive surgery products, particularly silicone breast implants and body-contouring devices. The company designs, manufactures, and markets its products under the Motiva brand, which is positioned around implant design, surface technology, and patient-centered features for plastic and reconstructive surgeons.

Its main business is the sale of silicone-filled breast implants used in cosmetic augmentation and breast reconstruction procedures. The company also develops related aesthetic products and tools intended to support surgeons and clinics. Motiva implants are distributed through a mix of direct sales channels and medical distributors, with customers including physicians, hospitals, surgical centers, and aesthetic clinics.

Establishment Labs operates internationally and reports geographic activity across regions including Europe, Latin America, Asia-Pacific and the Middle East, and other markets. This global footprint is important because medical device approvals, surgeon adoption, reimbursement practices, and consumer demand for aesthetic procedures can vary significantly by country. The company’s growth depends on regulatory access, product safety data, brand reputation, and the ability to compete with established medical aesthetic device manufacturers.

As a listed medical technology stock, Establishment Labs offers exposure to the aesthetics and reconstruction segments of healthcare. Its distinguishing feature is its focused portfolio rather than a broad diversified device business. The company’s prospects are closely linked to demand for breast surgery procedures, innovation in implant technology, surgeon training, and the ongoing scrutiny that regulators and patients place on implant safety and long-term clinical outcomes.

75.58USD
+1.30(+1.75%)

Last updated

Market Cap
$2,784,409,198
P/E
P/FCF
P/S
12.13
Enterprise Value
$2,964,900,198
Sector
Industrials
Industry
Orthopedic, Prosthetic, and Surgical Appliances and Supplies
Address
BUILDING B15 AND 25 COYOL FREE ZONE, ALAJUELA, G2, 20101
Market Cap
$2,784,409,198
Enterprise Value
$2,964,900,198
P/E
P/B
188.35
P/S
12.13
EV / EBITDA
-157.15
EV / Sales
12.91
EPS
-1.49
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$41,624,000
ROE
-295.85%
ROA
-12.46%
Debt / Equity
16.82
Current Ratio
2.96
Quick Ratio
1.91
Cash
0.82
Avg Volume
$677,579
Fundamentals Snapshot Price
94.61

Income Statement

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Revenue67.54M59.88M64.62M53.78M51.3M
Cost of revenue19.83M17.54M19.09M16.09M16.03M
Gross profit47.71M42.34M45.53M37.7M35.27M
Operating income-4.29M-6.51M-3.93M-4.03M-14.11M
EBITDA-1.87M-4.03M-1.45M-1.64M-11.75M
Net income-11.75M-13.38M-2.62M-11.15M-16.59M
Income taxes6K288K-9.3M424K1M
Interest expense-7.03M-7.09M-7.24M-6.2M-5.96M
Other operating expenses00000
Total operating expenses52M48.85M49.46M41.72M49.38M
Basic EPS-0.39-0.45-0.08-0.38-0.57
Diluted EPS-0.39-0.45-0.08-0.38-0.57

Balance Sheet

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Total assets351.93M351.04M357.17M338.9M329.67M
Total liabilities330.32M336.25M333.62M322.53M306.91M
Total equity21.61M14.78M23.55M16.36M22.76M
Cash & equivalents71.16M68.1M75.57M70.62M54.64M
Current assets247.73M245.83M249.94M239.6M229.17M
Current liabilities64.56M83.15M82.14M71.98M80.74M
Accounts payable32.84M41.81M43.11M39.72M55.81M
Receivables75.65M77.08M77.5M71.44M70.09M
Inventories84.98M86.66M85.61M88.16M94.68M
Goodwill1.21M1.21M1.21M1.21M1.21M
Long-term debt261.7M248.59M247.52M246.46M221.13M

Cash Flow

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Operating cash flow-16.6M-4.31M-162K-11.25M-18.75M
Investing cash flow-3.65M-1.96M-1.66M-1.96M-2.07M
Financing cash flow23.46M-864K6.05M29.45M5.13M
Change in cash3.06M-7.47M4.95M15.99M-14.54M
Net income-11.75M-13.38M-2.62M-11.15M-16.59M
KindFilingDateLink
edgar index10-Q — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index8-K — ESTABLISHMENT LABS HOLDINGS INC.View Filing
eight k text8-K — 8-KView Filing
edgar indexSCHEDULE 13G — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar indexSCHEDULE 13G — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4/A — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
form 4Form 4 — SCHUTTER EDWARD JView Filing
form 4Form 4 — LEWIN NICHOLAS SHERIDANView Filing
form 4Form 4 — LEWIN NICHOLAS SHERIDANView Filing
form 4Form 4 — Slotkin BryanView Filing
form 4Form 4 — Gillin LeslieView Filing
form 4Form 4 — Custin AnnView Filing
edgar index8-K — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index3 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
eight k text8-K — 8-KView Filing
form 4Form 4 — Harris Taylor C.View Filing
form 4Form 4 — Harris Taylor C.View Filing
form 4Form 4 — Harris Taylor C.View Filing
form 4Form 4 — Harris Taylor C.View Filing
edgar index144 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
form 4Form 4 — JW Asset Management, LLCView Filing
form 4Form 4 — JW Partners, LPView Filing
form 4Form 4 — JW GP, LLCView Filing
form 4Form 4 — JW Opportunities Fund, LLCView Filing
form 4Form 4 — Wild Jason G.View Filing
form 4Form 4 — Wild Jason G.View Filing
form 4Form 4 — JW Asset Management, LLCView Filing
form 4Form 4 — JW Partners, LPView Filing
form 4Form 4 — JW GP, LLCView Filing
form 4Form 4 — JW Opportunities Fund, LLCView Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
form 4Form 4 — JW GP, LLCView Filing
form 4Form 4 — JW Opportunities Fund, LLCView Filing
form 4Form 4 — Wild Jason G.View Filing
form 4Form 4 — JW Asset Management, LLCView Filing
form 4Form 4 — JW Partners, LPView Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index8-K — ESTABLISHMENT LABS HOLDINGS INC.View Filing
eight k text8-K — 8-KView Filing
form 4Form 4 — SCHUTTER EDWARD JView Filing
form 4Form 4 — LEWIN NICHOLAS SHERIDANView Filing
form 4Form 4 — LEWIN NICHOLAS SHERIDANView Filing
form 4Form 4 — Slotkin BryanView Filing
form 4Form 4 — Gillin LeslieView Filing
form 4Form 4 — Custin AnnView Filing
form 4Form 4 — Wild Jason G.View Filing
form 4Form 4 — JW GP, LLCView Filing
form 4Form 4 — JW Opportunities Fund, LLCView Filing
form 4Form 4 — JW Asset Management, LLCView Filing
form 4Form 4 — JW Partners, LPView Filing
form 4Form 4 — JW Partners, LPView Filing
form 4Form 4 — Wild Jason G.View Filing
form 4Form 4 — JW GP, LLCView Filing
form 4Form 4 — JW Opportunities Fund, LLCView Filing
form 4Form 4 — JW Asset Management, LLCView Filing
edgar indexSCHEDULE 13G/A — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index10-Q — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index4 — ESTABLISHMENT LABS HOLDINGS INC.View Filing
edgar index8-K — ESTABLISHMENT LABS HOLDINGS INC.View Filing
eight k text8-K — 8-KView Filing
form 4Form 4 — JW Partners, LPView Filing