Establishment Labs Holdings Inc. (ESTA) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	245.8M	211.1M	166.0M	165.2M	161.7M
Cost of Revenue	72.5M	64.8M	56.5M	58.2M	55.1M
Gross Profit	173.3M	146.3M	109.5M	107.0M	106.6M
Operating Expenses
R&D Expense	20.3M	20.2M	19.7M	26.4M	20.3M
SG&A Expense	124.8M	165.1M	139.8M	145.6M	126.0M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	46.9M	—	—	—	—
Total Operating Expenses	192.0M	185.3M	159.5M	172.0M	146.3M
Cost and Expenses	264.6M	250.1M	216.0M	230.2M	201.4M
Operating Income (EBIT)	(18.8M)	(39.0M)	(50.0M)	(65.0M)	(39.7M)
Non-Operating
Interest Income	144.0K	423.0K	1.5M	1.0M	87.0K
Interest Expense	27.6M	25.3M	20.8M	15.4M	11.8M
Net Interest Income	(27.4M)	(24.8M)	(19.4M)	(14.4M)	(11.7M)
Other Non-Op Income/Expense	(28.7M)	(19.0M)	(34.6M)	(13.6M)	(33.2M)
Non-Operating Income (excl Interest)	1.1M	(6.2M)	13.8M	(1.8M)	21.4M
EBT (Pre-Tax Income)	(47.5M)	(58.0M)	(84.6M)	(78.6M)	(72.8M)
Income Tax Expense	(8.6M)	(7.0M)	(32.0K)	(81.0K)	2.4M
Bottom Line
Net Income	(38.9M)	(51.1M)	(84.6M)	(78.5M)	(75.2M)
Earnings from Cont. Ops	(38.9M)	(51.1M)	(84.6M)	(78.5M)	(75.2M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(38.9M)	(51.1M)	(84.6M)	(78.5M)	(75.2M)
Per Share
Basic EPS	($1.31)	($1.72)	($3.00)	($3.07)	($3.08)
Diluted EPS	($1.31)	($1.72)	($3.00)	($3.07)	($3.08)
Revenue Per Share	$8.16	$7.13	$5.90	$6.45	$6.61
Shares
Basic Shares Outstanding	30.1M	29.6M	28.2M	25.6M	24.5M
Diluted Shares Outstanding	30.1M	29.6M	28.2M	25.6M	24.5M
Profitability Metrics
EBITDA	(6.7M)	(22.3M)	(56.2M)	(58.3M)	(56.9M)
D&A	13.2M	10.5M	7.6M	4.9M	4.2M
EBIT	(19.9M)	(32.8M)	(63.8M)	(63.2M)	(61.1M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026