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Side-by-side financial comparison of CollPlant Biotechnologies Ltd (CLGN) 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 $179.0K, roughly 361.0× CollPlant Biotechnologies Ltd). On growth, ESTABLISHMENT LABS HOLDINGS INC. posted the faster year-over-year revenue change (45.2% vs -28.1%).

CollPlant Biotechnologies Ltd is a regenerative medicine company focused on developing and commercializing advanced products using its proprietary plant-derived human collagen technology. Its core offerings cover wound care, soft tissue repair, and aesthetic medicine solutions, targeting key markets across North America, Europe, and Israel, serving healthcare providers in dermatology, orthopedics and cosmetic care 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.

CLGN vs ESTA — Head-to-Head

Bigger by revenue
ESTA
ESTA
361.0× larger
ESTA
$64.6M
$179.0K
CLGN
Growing faster (revenue YoY)
ESTA
ESTA
+73.3% gap
ESTA
45.2%
-28.1%
CLGN

Income Statement — Q2 2025 vs Q4 2025

Metric
CLGN
CLGN
ESTA
ESTA
Revenue
$179.0K
$64.6M
Net Profit
$-3.3M
Gross Margin
-3.9%
70.5%
Operating Margin
-1775.4%
-6.1%
Net Margin
-1869.8%
Revenue YoY
-28.1%
45.2%
Net Profit YoY
20.5%
EPS (diluted)
$0.28
$-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
CLGN
CLGN
ESTA
ESTA
Q4 25
$64.6M
Q3 25
$53.8M
Q2 25
$179.0K
$51.3M
Q1 25
$41.4M
Q4 24
$44.5M
Q3 24
$40.2M
Q2 24
$249.0K
$44.1M
Q1 24
$37.2M
Net Profit
CLGN
CLGN
ESTA
ESTA
Q4 25
Q3 25
$-11.1M
Q2 25
$-3.3M
$-16.6M
Q1 25
$-20.7M
Q4 24
Q3 24
$-16.7M
Q2 24
$-4.2M
$-17.2M
Q1 24
$-16.2M
Gross Margin
CLGN
CLGN
ESTA
ESTA
Q4 25
70.5%
Q3 25
70.1%
Q2 25
-3.9%
68.8%
Q1 25
67.2%
Q4 24
68.5%
Q3 24
63.9%
Q2 24
-115.3%
65.6%
Q1 24
65.6%
Operating Margin
CLGN
CLGN
ESTA
ESTA
Q4 25
-6.1%
Q3 25
-7.5%
Q2 25
-1775.4%
-27.5%
Q1 25
-41.0%
Q4 24
-41.9%
Q3 24
-32.7%
Q2 24
-1769.5%
-21.2%
Q1 24
-23.8%
Net Margin
CLGN
CLGN
ESTA
ESTA
Q4 25
Q3 25
-20.7%
Q2 25
-1869.8%
-32.3%
Q1 25
-50.1%
Q4 24
Q3 24
-41.5%
Q2 24
-1690.8%
-38.9%
Q1 24
-43.6%
EPS (diluted)
CLGN
CLGN
ESTA
ESTA
Q4 25
$-0.07
Q3 25
$-0.38
Q2 25
$0.28
$-0.57
Q1 25
$-0.70
Q4 24
$-1.21
Q3 24
$-0.59
Q2 24
$0.37
$-0.62
Q1 24
$-0.58

Balance Sheet & Financial Strength

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

Metric
CLGN
CLGN
ESTA
ESTA
Cash + ST InvestmentsLiquidity on hand
$11.4M
$75.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$12.5M
$23.5M
Total Assets
$17.4M
$357.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLGN
CLGN
ESTA
ESTA
Q4 25
$75.6M
Q3 25
$70.6M
Q2 25
$11.4M
$54.6M
Q1 25
$69.2M
Q4 24
$90.3M
Q3 24
Q2 24
$18.9M
Q1 24
Total Debt
CLGN
CLGN
ESTA
ESTA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CLGN
CLGN
ESTA
ESTA
Q4 25
$23.5M
Q3 25
$16.4M
Q2 25
$12.5M
$22.8M
Q1 25
$38.5M
Q4 24
$53.1M
Q3 24
$32.7M
Q2 24
$20.7M
$45.0M
Q1 24
$56.9M
Total Assets
CLGN
CLGN
ESTA
ESTA
Q4 25
$357.2M
Q3 25
$338.9M
Q2 25
$17.4M
$329.7M
Q1 25
$333.4M
Q4 24
$346.8M
Q3 24
$282.7M
Q2 24
$26.6M
$285.1M
Q1 24
$301.8M
Debt / Equity
CLGN
CLGN
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
CLGN
CLGN
ESTA
ESTA
Operating Cash FlowLast quarter
$-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
CLGN
CLGN
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
$-11.2M
Free Cash Flow
CLGN
CLGN
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
CLGN
CLGN
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
CLGN
CLGN
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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