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Side-by-side financial comparison of ESTABLISHMENT LABS HOLDINGS INC. (ESTA) and i3 Verticals, Inc. (IIIV). 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 $52.7M, roughly 1.2× i3 Verticals, Inc.). On growth, ESTABLISHMENT LABS HOLDINGS INC. posted the faster year-over-year revenue change (45.2% vs -14.6%). i3 Verticals, Inc. produced more free cash flow last quarter ($13.8M vs $-2.0M). Over the past eight quarters, ESTABLISHMENT LABS HOLDINGS INC.'s revenue compounded faster (31.9% CAGR vs -4.7%).

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 Prusa i3 is a family of fused filament fabrication 3D printers, manufactured by Czech company Prusa Research under the trademarked name Original Prusa i3. Part of the RepRap project, Prusa i3 printers were called the most used 3D printer in the world in 2016. The first Prusa i3 was designed by Josef Průša in 2012, and was released as a commercial kit product in 2015. The latest model is available in both kit and factory assembled versions. The Prusa i3's comparable low cost and ease of co...

ESTA vs IIIV — Head-to-Head

Bigger by revenue
ESTA
ESTA
1.2× larger
ESTA
$64.6M
$52.7M
IIIV
Growing faster (revenue YoY)
ESTA
ESTA
+59.8% gap
ESTA
45.2%
-14.6%
IIIV
More free cash flow
IIIV
IIIV
$15.8M more FCF
IIIV
$13.8M
$-2.0M
ESTA
Faster 2-yr revenue CAGR
ESTA
ESTA
Annualised
ESTA
31.9%
-4.7%
IIIV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ESTA
ESTA
IIIV
IIIV
Revenue
$64.6M
$52.7M
Net Profit
$484.0K
Gross Margin
70.5%
Operating Margin
-6.1%
3.1%
Net Margin
0.9%
Revenue YoY
45.2%
-14.6%
Net Profit YoY
-76.5%
EPS (diluted)
$-0.07
$0.02

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
IIIV
IIIV
Q4 25
$64.6M
$52.7M
Q3 25
$53.8M
$46.0M
Q2 25
$51.3M
$51.9M
Q1 25
$41.4M
$63.1M
Q4 24
$44.5M
$52.2M
Q3 24
$40.2M
$32.0M
Q2 24
$44.1M
$46.2M
Q1 24
$37.2M
$58.0M
Net Profit
ESTA
ESTA
IIIV
IIIV
Q4 25
$484.0K
Q3 25
$-11.1M
$3.1M
Q2 25
$-16.6M
$12.9M
Q1 25
$-20.7M
$-154.0K
Q4 24
$2.1M
Q3 24
$-16.7M
$117.9M
Q2 24
$-17.2M
$-7.5M
Q1 24
$-16.2M
$1.9M
Gross Margin
ESTA
ESTA
IIIV
IIIV
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
ESTA
ESTA
IIIV
IIIV
Q4 25
-6.1%
3.1%
Q3 25
-7.5%
3.2%
Q2 25
-27.5%
-9.3%
Q1 25
-41.0%
8.0%
Q4 24
-41.9%
3.9%
Q3 24
-32.7%
10.6%
Q2 24
-21.2%
-2.8%
Q1 24
-23.8%
3.4%
Net Margin
ESTA
ESTA
IIIV
IIIV
Q4 25
0.9%
Q3 25
-20.7%
6.7%
Q2 25
-32.3%
24.8%
Q1 25
-50.1%
-0.2%
Q4 24
3.9%
Q3 24
-41.5%
368.2%
Q2 24
-38.9%
-16.3%
Q1 24
-43.6%
3.2%
EPS (diluted)
ESTA
ESTA
IIIV
IIIV
Q4 25
$-0.07
$0.02
Q3 25
$-0.38
$0.14
Q2 25
$-0.57
$0.50
Q1 25
$-0.70
$0.00
Q4 24
$-1.21
$0.08
Q3 24
$-0.59
$4.93
Q2 24
$-0.62
$-0.32
Q1 24
$-0.58
$0.08

Balance Sheet & Financial Strength

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

Metric
ESTA
ESTA
IIIV
IIIV
Cash + ST InvestmentsLiquidity on hand
$75.6M
$37.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$23.5M
$358.5M
Total Assets
$357.2M
$595.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESTA
ESTA
IIIV
IIIV
Q4 25
$75.6M
$37.5M
Q3 25
$70.6M
$66.7M
Q2 25
$54.6M
$55.5M
Q1 25
$69.2M
$7.7M
Q4 24
$90.3M
$85.6M
Q3 24
$86.5M
Q2 24
$9.7M
Q1 24
$3.1M
Total Debt
ESTA
ESTA
IIIV
IIIV
Q4 25
Q3 25
$0
Q2 25
$0
Q1 25
$12.0M
Q4 24
$0
$26.2M
Q3 24
$26.2M
Q2 24
$374.1M
Q1 24
$369.6M
Stockholders' Equity
ESTA
ESTA
IIIV
IIIV
Q4 25
$23.5M
$358.5M
Q3 25
$16.4M
$389.6M
Q2 25
$22.8M
$383.3M
Q1 25
$38.5M
$385.2M
Q4 24
$53.1M
$375.0M
Q3 24
$32.7M
$379.7M
Q2 24
$45.0M
$249.7M
Q1 24
$56.9M
$249.3M
Total Assets
ESTA
ESTA
IIIV
IIIV
Q4 25
$357.2M
$595.9M
Q3 25
$338.9M
$638.4M
Q2 25
$329.7M
$623.3M
Q1 25
$333.4M
$646.4M
Q4 24
$346.8M
$726.2M
Q3 24
$282.7M
$730.7M
Q2 24
$285.1M
$861.7M
Q1 24
$301.8M
$625.8M
Debt / Equity
ESTA
ESTA
IIIV
IIIV
Q4 25
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.03×
Q4 24
0.00×
0.07×
Q3 24
0.07×
Q2 24
1.50×
Q1 24
1.48×

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
IIIV
IIIV
Operating Cash FlowLast quarter
$-162.0K
$14.1M
Free Cash FlowOCF − Capex
$-2.0M
$13.8M
FCF MarginFCF / Revenue
-3.1%
26.2%
Capex IntensityCapex / Revenue
2.8%
0.6%
Cash ConversionOCF / Net Profit
29.18×
TTM Free Cash FlowTrailing 4 quarters
$-56.9M
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESTA
ESTA
IIIV
IIIV
Q4 25
$-162.0K
$14.1M
Q3 25
$-11.3M
$14.0M
Q2 25
$-18.8M
$7.4M
Q1 25
$-20.7M
$-27.1M
Q4 24
$-20.7M
$11.5M
Q3 24
$-12.5M
$15.1M
Q2 24
$-14.2M
$8.1M
Q1 24
$-11.2M
$10.7M
Free Cash Flow
ESTA
ESTA
IIIV
IIIV
Q4 25
$-2.0M
$13.8M
Q3 25
$-13.1M
$13.5M
Q2 25
$-20.4M
$6.8M
Q1 25
$-21.5M
$-27.6M
Q4 24
$-21.3M
$11.0M
Q3 24
$-13.9M
$14.6M
Q2 24
$-15.0M
$7.2M
Q1 24
$-14.5M
$9.9M
FCF Margin
ESTA
ESTA
IIIV
IIIV
Q4 25
-3.1%
26.2%
Q3 25
-24.4%
29.5%
Q2 25
-39.7%
13.1%
Q1 25
-51.9%
-43.8%
Q4 24
-47.8%
21.1%
Q3 24
-34.6%
45.6%
Q2 24
-33.9%
15.6%
Q1 24
-38.9%
17.1%
Capex Intensity
ESTA
ESTA
IIIV
IIIV
Q4 25
2.8%
0.6%
Q3 25
3.4%
0.9%
Q2 25
3.2%
1.0%
Q1 25
1.8%
0.8%
Q4 24
1.2%
0.9%
Q3 24
3.7%
1.7%
Q2 24
1.8%
1.9%
Q1 24
8.9%
1.4%
Cash Conversion
ESTA
ESTA
IIIV
IIIV
Q4 25
29.18×
Q3 25
4.52×
Q2 25
0.57×
Q1 25
Q4 24
5.59×
Q3 24
0.13×
Q2 24
Q1 24
5.72×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESTA
ESTA

Segment breakdown not available.

IIIV
IIIV

License And Service$35.7M68%
Proprietary Payments Revenue$14.5M27%
Other Revenue$2.5M5%

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