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Side-by-side financial comparison of Bone Biologics Corp (BBLG) 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 $255, roughly 253400.0× Bone Biologics Corp). On growth, ESTABLISHMENT LABS HOLDINGS INC. posted the faster year-over-year revenue change (45.2% vs -54.1%).

Bone Biologics Corp is a clinical-stage biotechnology firm focused on developing orthobiologic products to boost bone regeneration and healing for orthopedic surgery patients, including spinal fusion recipients. It mainly operates in the U.S. healthcare market, targeting orthopedic care and regenerative medicine segments.

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.

BBLG vs ESTA — Head-to-Head

Bigger by revenue
ESTA
ESTA
253400.0× larger
ESTA
$64.6M
$255
BBLG
Growing faster (revenue YoY)
ESTA
ESTA
+99.3% gap
ESTA
45.2%
-54.1%
BBLG

Income Statement — Q1 2024 vs Q4 2025

Metric
BBLG
BBLG
ESTA
ESTA
Revenue
$255
$64.6M
Net Profit
$-866.0K
Gross Margin
70.5%
Operating Margin
-354327.8%
-6.1%
Net Margin
-339596.1%
Revenue YoY
-54.1%
45.2%
Net Profit YoY
76.7%
EPS (diluted)
$-1.31
$-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
BBLG
BBLG
ESTA
ESTA
Q4 25
$64.6M
Q3 25
$53.8M
Q2 25
$51.3M
Q1 25
$41.4M
Q4 24
$44.5M
Q3 24
$40.2M
Q2 24
$44.1M
Q1 24
$255
$37.2M
Net Profit
BBLG
BBLG
ESTA
ESTA
Q4 25
Q3 25
$-11.1M
Q2 25
$-16.6M
Q1 25
$-20.7M
Q4 24
Q3 24
$-16.7M
Q2 24
$-17.2M
Q1 24
$-866.0K
$-16.2M
Gross Margin
BBLG
BBLG
ESTA
ESTA
Q4 25
70.5%
Q3 25
70.1%
Q2 25
68.8%
Q1 25
67.2%
Q4 24
68.5%
Q3 24
63.9%
Q2 24
65.6%
Q1 24
65.6%
Operating Margin
BBLG
BBLG
ESTA
ESTA
Q4 25
-6.1%
Q3 25
-7.5%
Q2 25
-27.5%
Q1 25
-41.0%
Q4 24
-41.9%
Q3 24
-32.7%
Q2 24
-21.2%
Q1 24
-354327.8%
-23.8%
Net Margin
BBLG
BBLG
ESTA
ESTA
Q4 25
Q3 25
-20.7%
Q2 25
-32.3%
Q1 25
-50.1%
Q4 24
Q3 24
-41.5%
Q2 24
-38.9%
Q1 24
-339596.1%
-43.6%
EPS (diluted)
BBLG
BBLG
ESTA
ESTA
Q4 25
$-0.07
Q3 25
$-0.38
Q2 25
$-0.57
Q1 25
$-0.70
Q4 24
$-1.21
Q3 24
$-0.59
Q2 24
$-0.62
Q1 24
$-1.31
$-0.58

Balance Sheet & Financial Strength

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

Metric
BBLG
BBLG
ESTA
ESTA
Cash + ST InvestmentsLiquidity on hand
$75.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.7M
$23.5M
Total Assets
$3.8M
$357.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBLG
BBLG
ESTA
ESTA
Q4 25
$75.6M
Q3 25
$70.6M
Q2 25
$54.6M
Q1 25
$69.2M
Q4 24
$90.3M
Q3 24
Q2 24
Q1 24
Total Debt
BBLG
BBLG
ESTA
ESTA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BBLG
BBLG
ESTA
ESTA
Q4 25
$23.5M
Q3 25
$16.4M
Q2 25
$22.8M
Q1 25
$38.5M
Q4 24
$53.1M
Q3 24
$32.7M
Q2 24
$45.0M
Q1 24
$3.7M
$56.9M
Total Assets
BBLG
BBLG
ESTA
ESTA
Q4 25
$357.2M
Q3 25
$338.9M
Q2 25
$329.7M
Q1 25
$333.4M
Q4 24
$346.8M
Q3 24
$282.7M
Q2 24
$285.1M
Q1 24
$3.8M
$301.8M
Debt / Equity
BBLG
BBLG
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
BBLG
BBLG
ESTA
ESTA
Operating Cash FlowLast quarter
$-1.3M
$-162.0K
Free Cash FlowOCF − Capex
$-2.0M
FCF MarginFCF / Revenue
-3.1%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-56.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBLG
BBLG
ESTA
ESTA
Q4 25
$-162.0K
Q3 25
$-11.3M
Q2 25
$-18.8M
Q1 25
$-20.7M
Q4 24
$-20.7M
Q3 24
$-12.5M
Q2 24
$-14.2M
Q1 24
$-1.3M
$-11.2M
Free Cash Flow
BBLG
BBLG
ESTA
ESTA
Q4 25
$-2.0M
Q3 25
$-13.1M
Q2 25
$-20.4M
Q1 25
$-21.5M
Q4 24
$-21.3M
Q3 24
$-13.9M
Q2 24
$-15.0M
Q1 24
$-14.5M
FCF Margin
BBLG
BBLG
ESTA
ESTA
Q4 25
-3.1%
Q3 25
-24.4%
Q2 25
-39.7%
Q1 25
-51.9%
Q4 24
-47.8%
Q3 24
-34.6%
Q2 24
-33.9%
Q1 24
-38.9%
Capex Intensity
BBLG
BBLG
ESTA
ESTA
Q4 25
2.8%
Q3 25
3.4%
Q2 25
3.2%
Q1 25
1.8%
Q4 24
1.2%
Q3 24
3.7%
Q2 24
1.8%
Q1 24
8.9%

Financial Flow Comparison

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

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