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Side-by-side financial comparison of ALPHA PRO TECH LTD (APT) and ESTABLISHMENT LABS HOLDINGS INC. (ESTA). Click either name above to swap in a different company.

ESTABLISHMENT LABS HOLDINGS INC. is the larger business by last-quarter revenue ($64.6M vs $13.9M, roughly 4.7× ALPHA PRO TECH LTD). On growth, ESTABLISHMENT LABS HOLDINGS INC. posted the faster year-over-year revenue change (45.2% vs 0.3%). ALPHA PRO TECH LTD produced more free cash flow last quarter ($51.0K vs $-2.0M). Over the past eight quarters, ESTABLISHMENT LABS HOLDINGS INC.'s revenue compounded faster (31.9% CAGR vs 1.4%).

Alpha Pro Tech Ltd is a leading developer, manufacturer and marketer of disposable protective apparel, face masks, and building supply products including weather-resistant barriers. It primarily serves the healthcare, industrial, and construction sectors, with core operating markets concentrated in North America.

Astera Labs, Inc. is an American fabless semiconductor manufacturer and artificial intelligence company. The company specializes in designing high-speed connectivity solutions for data centers and AI infrastructure. The company has been listed on the Nasdaq since March 2024.

APT vs ESTA — Head-to-Head

Bigger by revenue
ESTA
ESTA
4.7× larger
ESTA
$64.6M
$13.9M
APT
Growing faster (revenue YoY)
ESTA
ESTA
+44.8% gap
ESTA
45.2%
0.3%
APT
More free cash flow
APT
APT
$2.0M more FCF
APT
$51.0K
$-2.0M
ESTA
Faster 2-yr revenue CAGR
ESTA
ESTA
Annualised
ESTA
31.9%
1.4%
APT

Income Statement — Q4 2025 vs Q4 2025

Metric
APT
APT
ESTA
ESTA
Revenue
$13.9M
$64.6M
Net Profit
$698.0K
Gross Margin
37.1%
70.5%
Operating Margin
6.9%
-6.1%
Net Margin
5.0%
Revenue YoY
0.3%
45.2%
Net Profit YoY
-17.6%
EPS (diluted)
$0.06
$-0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APT
APT
ESTA
ESTA
Q4 25
$13.9M
$64.6M
Q3 25
$14.8M
$53.8M
Q2 25
$16.7M
$51.3M
Q1 25
$13.8M
$41.4M
Q4 24
$13.8M
$44.5M
Q3 24
$14.3M
$40.2M
Q2 24
$16.3M
$44.1M
Q1 24
$13.5M
$37.2M
Net Profit
APT
APT
ESTA
ESTA
Q4 25
$698.0K
Q3 25
$976.0K
$-11.1M
Q2 25
$1.2M
$-16.6M
Q1 25
$613.0K
$-20.7M
Q4 24
$847.0K
Q3 24
$862.0K
$-16.7M
Q2 24
$1.6M
$-17.2M
Q1 24
$576.0K
$-16.2M
Gross Margin
APT
APT
ESTA
ESTA
Q4 25
37.1%
70.5%
Q3 25
39.7%
70.1%
Q2 25
36.8%
68.8%
Q1 25
39.0%
67.2%
Q4 24
37.6%
68.5%
Q3 24
38.5%
63.9%
Q2 24
42.0%
65.6%
Q1 24
40.2%
65.6%
Operating Margin
APT
APT
ESTA
ESTA
Q4 25
6.9%
-6.1%
Q3 25
7.4%
-7.5%
Q2 25
8.0%
-27.5%
Q1 25
3.3%
-41.0%
Q4 24
4.9%
-41.9%
Q3 24
5.2%
-32.7%
Q2 24
10.5%
-21.2%
Q1 24
2.4%
-23.8%
Net Margin
APT
APT
ESTA
ESTA
Q4 25
5.0%
Q3 25
6.6%
-20.7%
Q2 25
7.5%
-32.3%
Q1 25
4.4%
-50.1%
Q4 24
6.1%
Q3 24
6.0%
-41.5%
Q2 24
10.1%
-38.9%
Q1 24
4.3%
-43.6%
EPS (diluted)
APT
APT
ESTA
ESTA
Q4 25
$0.06
$-0.07
Q3 25
$0.09
$-0.38
Q2 25
$0.12
$-0.57
Q1 25
$0.06
$-0.70
Q4 24
$0.07
$-1.21
Q3 24
$0.08
$-0.59
Q2 24
$0.15
$-0.62
Q1 24
$0.05
$-0.58

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APT
APT
ESTA
ESTA
Cash + ST InvestmentsLiquidity on hand
$17.0M
$75.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$62.5M
$23.5M
Total Assets
$74.1M
$357.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APT
APT
ESTA
ESTA
Q4 25
$17.0M
$75.6M
Q3 25
$17.7M
$70.6M
Q2 25
$14.5M
$54.6M
Q1 25
$13.4M
$69.2M
Q4 24
$18.6M
$90.3M
Q3 24
$18.4M
Q2 24
$16.2M
Q1 24
$18.5M
Total Debt
APT
APT
ESTA
ESTA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Q1 24
Stockholders' Equity
APT
APT
ESTA
ESTA
Q4 25
$62.5M
$23.5M
Q3 25
$62.5M
$16.4M
Q2 25
$62.2M
$22.8M
Q1 25
$61.7M
$38.5M
Q4 24
$62.2M
$53.1M
Q3 24
$62.1M
$32.7M
Q2 24
$62.0M
$45.0M
Q1 24
$61.6M
$56.9M
Total Assets
APT
APT
ESTA
ESTA
Q4 25
$74.1M
$357.2M
Q3 25
$73.9M
$338.9M
Q2 25
$73.2M
$329.7M
Q1 25
$72.2M
$333.4M
Q4 24
$73.7M
$346.8M
Q3 24
$73.3M
$282.7M
Q2 24
$72.7M
$285.1M
Q1 24
$72.7M
$301.8M
Debt / Equity
APT
APT
ESTA
ESTA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APT
APT
ESTA
ESTA
Operating Cash FlowLast quarter
$318.0K
$-162.0K
Free Cash FlowOCF − Capex
$51.0K
$-2.0M
FCF MarginFCF / Revenue
0.4%
-3.1%
Capex IntensityCapex / Revenue
1.9%
2.8%
Cash ConversionOCF / Net Profit
0.46×
TTM Free Cash FlowTrailing 4 quarters
$1.7M
$-56.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APT
APT
ESTA
ESTA
Q4 25
$318.0K
$-162.0K
Q3 25
$3.9M
$-11.3M
Q2 25
$2.1M
$-18.8M
Q1 25
$-4.0M
$-20.7M
Q4 24
$2.4M
$-20.7M
Q3 24
$5.3M
$-12.5M
Q2 24
$-873.0K
$-14.2M
Q1 24
$-1.2M
$-11.2M
Free Cash Flow
APT
APT
ESTA
ESTA
Q4 25
$51.0K
$-2.0M
Q3 25
$3.8M
$-13.1M
Q2 25
$1.9M
$-20.4M
Q1 25
$-4.1M
$-21.5M
Q4 24
$970.0K
$-21.3M
Q3 24
$3.2M
$-13.9M
Q2 24
$-1.0M
$-15.0M
Q1 24
$-1.3M
$-14.5M
FCF Margin
APT
APT
ESTA
ESTA
Q4 25
0.4%
-3.1%
Q3 25
25.9%
-24.4%
Q2 25
11.7%
-39.7%
Q1 25
-29.6%
-51.9%
Q4 24
7.0%
-47.8%
Q3 24
22.3%
-34.6%
Q2 24
-6.2%
-33.9%
Q1 24
-9.3%
-38.9%
Capex Intensity
APT
APT
ESTA
ESTA
Q4 25
1.9%
2.8%
Q3 25
0.7%
3.4%
Q2 25
0.8%
3.2%
Q1 25
1.0%
1.8%
Q4 24
10.4%
1.2%
Q3 24
15.1%
3.7%
Q2 24
0.8%
1.8%
Q1 24
0.6%
8.9%
Cash Conversion
APT
APT
ESTA
ESTA
Q4 25
0.46×
Q3 25
4.02×
Q2 25
1.68×
Q1 25
-6.46×
Q4 24
2.85×
Q3 24
6.18×
Q2 24
-0.53×
Q1 24
-2.03×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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