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Side-by-side financial comparison of ESTABLISHMENT LABS HOLDINGS INC. (ESTA) and Honest Company, Inc. (HNST). Click either name above to swap in a different company.

Honest Company, Inc. is the larger business by last-quarter revenue ($78.1M vs $64.6M, roughly 1.2× ESTABLISHMENT LABS HOLDINGS INC.). On growth, ESTABLISHMENT LABS HOLDINGS INC. posted the faster year-over-year revenue change (45.2% vs -19.7%). Over the past eight quarters, ESTABLISHMENT LABS HOLDINGS INC.'s revenue compounded faster (31.9% CAGR vs -8.4%).

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.

The Honest Company, Inc. is an American digital-first consumer goods company, based in Los Angeles and founded by actress Jessica Alba, Christopher Gavigan, and Brian Lee. The company had $319 million in 2021 sales, and was valued at roughly $550 million as of February 2022. Carla Vernón, Chief Executive Officer, is one of the first Afro-Latina CEOs of a U.S. publicly traded company. The Honest Company has raised multiple rounds of venture capital, and went public via an initial public offeri...

ESTA vs HNST — Head-to-Head

Bigger by revenue
HNST
HNST
1.2× larger
HNST
$78.1M
$64.6M
ESTA
Growing faster (revenue YoY)
ESTA
ESTA
+64.9% gap
ESTA
45.2%
-19.7%
HNST
Faster 2-yr revenue CAGR
ESTA
ESTA
Annualised
ESTA
31.9%
-8.4%
HNST

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ESTA
ESTA
HNST
HNST
Revenue
$64.6M
$78.1M
Net Profit
Gross Margin
70.5%
42.6%
Operating Margin
-6.1%
56.6%
Net Margin
Revenue YoY
45.2%
-19.7%
Net Profit YoY
EPS (diluted)
$-0.07
$0.00

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
ESTA
ESTA
HNST
HNST
Q1 26
$78.1M
Q4 25
$64.6M
$88.0M
Q3 25
$53.8M
$92.6M
Q2 25
$51.3M
$93.5M
Q1 25
$41.4M
$97.3M
Q4 24
$44.5M
$99.8M
Q3 24
$40.2M
$99.2M
Q2 24
$44.1M
$93.0M
Net Profit
ESTA
ESTA
HNST
HNST
Q1 26
Q4 25
$-23.6M
Q3 25
$-11.1M
$758.0K
Q2 25
$-16.6M
$3.9M
Q1 25
$-20.7M
$3.3M
Q4 24
$-809.0K
Q3 24
$-16.7M
$165.0K
Q2 24
$-17.2M
$-4.1M
Gross Margin
ESTA
ESTA
HNST
HNST
Q1 26
42.6%
Q4 25
70.5%
15.7%
Q3 25
70.1%
37.3%
Q2 25
68.8%
40.4%
Q1 25
67.2%
38.7%
Q4 24
68.5%
38.8%
Q3 24
63.9%
38.7%
Q2 24
65.6%
38.3%
Operating Margin
ESTA
ESTA
HNST
HNST
Q1 26
56.6%
Q4 25
-6.1%
-27.5%
Q3 25
-7.5%
0.3%
Q2 25
-27.5%
3.1%
Q1 25
-41.0%
2.6%
Q4 24
-41.9%
-1.0%
Q3 24
-32.7%
0.1%
Q2 24
-21.2%
-4.3%
Net Margin
ESTA
ESTA
HNST
HNST
Q1 26
Q4 25
-26.8%
Q3 25
-20.7%
0.8%
Q2 25
-32.3%
4.1%
Q1 25
-50.1%
3.3%
Q4 24
-0.8%
Q3 24
-41.5%
0.2%
Q2 24
-38.9%
-4.4%
EPS (diluted)
ESTA
ESTA
HNST
HNST
Q1 26
$0.00
Q4 25
$-0.07
$-0.21
Q3 25
$-0.38
$0.01
Q2 25
$-0.57
$0.03
Q1 25
$-0.70
$0.03
Q4 24
$-1.21
$-0.01
Q3 24
$-0.59
$0.00
Q2 24
$-0.62
$-0.04

Balance Sheet & Financial Strength

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

Metric
ESTA
ESTA
HNST
HNST
Cash + ST InvestmentsLiquidity on hand
$75.6M
$90.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$23.5M
$169.1M
Total Assets
$357.2M
$214.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESTA
ESTA
HNST
HNST
Q1 26
$90.4M
Q4 25
$75.6M
$89.6M
Q3 25
$70.6M
$71.5M
Q2 25
$54.6M
$72.1M
Q1 25
$69.2M
$72.8M
Q4 24
$90.3M
$75.4M
Q3 24
$53.4M
Q2 24
$36.6M
Total Debt
ESTA
ESTA
HNST
HNST
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Stockholders' Equity
ESTA
ESTA
HNST
HNST
Q1 26
$169.1M
Q4 25
$23.5M
$169.7M
Q3 25
$16.4M
$190.2M
Q2 25
$22.8M
$187.0M
Q1 25
$38.5M
$180.4M
Q4 24
$53.1M
$174.3M
Q3 24
$32.7M
$133.9M
Q2 24
$45.0M
$129.7M
Total Assets
ESTA
ESTA
HNST
HNST
Q1 26
$214.9M
Q4 25
$357.2M
$225.4M
Q3 25
$338.9M
$241.5M
Q2 25
$329.7M
$249.0M
Q1 25
$333.4M
$265.3M
Q4 24
$346.8M
$247.4M
Q3 24
$282.7M
$209.2M
Q2 24
$285.1M
$200.2M
Debt / Equity
ESTA
ESTA
HNST
HNST
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
ESTA
ESTA
HNST
HNST
Operating Cash FlowLast quarter
$-162.0K
Free Cash FlowOCF − Capex
$-2.0M
FCF MarginFCF / Revenue
-3.1%
Capex IntensityCapex / Revenue
2.8%
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-56.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESTA
ESTA
HNST
HNST
Q1 26
Q4 25
$-162.0K
$19.3M
Q3 25
$-11.3M
$-504.0K
Q2 25
$-18.8M
$-745.0K
Q1 25
$-20.7M
$-2.9M
Q4 24
$-20.7M
$-16.8M
Q3 24
$-12.5M
$15.1M
Q2 24
$-14.2M
$2.9M
Free Cash Flow
ESTA
ESTA
HNST
HNST
Q1 26
Q4 25
$-2.0M
$18.1M
Q3 25
$-13.1M
$-624.0K
Q2 25
$-20.4M
$-826.0K
Q1 25
$-21.5M
$-3.0M
Q4 24
$-21.3M
$-17.2M
Q3 24
$-13.9M
$15.0M
Q2 24
$-15.0M
$2.9M
FCF Margin
ESTA
ESTA
HNST
HNST
Q1 26
Q4 25
-3.1%
20.5%
Q3 25
-24.4%
-0.7%
Q2 25
-39.7%
-0.9%
Q1 25
-51.9%
-3.1%
Q4 24
-47.8%
-17.2%
Q3 24
-34.6%
15.1%
Q2 24
-33.9%
3.1%
Capex Intensity
ESTA
ESTA
HNST
HNST
Q1 26
0.6%
Q4 25
2.8%
1.4%
Q3 25
3.4%
0.1%
Q2 25
3.2%
0.1%
Q1 25
1.8%
0.1%
Q4 24
1.2%
0.3%
Q3 24
3.7%
0.1%
Q2 24
1.8%
0.0%
Cash Conversion
ESTA
ESTA
HNST
HNST
Q1 26
Q4 25
Q3 25
-0.66×
Q2 25
-0.19×
Q1 25
-0.90×
Q4 24
Q3 24
91.42×
Q2 24

Financial Flow Comparison

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

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