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Side-by-side financial comparison of ESTABLISHMENT LABS HOLDINGS INC. (ESTA) and Katapult Holdings, Inc. (KPLT). Click either name above to swap in a different company.
Katapult Holdings, Inc. is the larger business by last-quarter revenue ($73.9M vs $64.6M, roughly 1.1× ESTABLISHMENT LABS HOLDINGS INC.). On growth, ESTABLISHMENT LABS HOLDINGS INC. posted the faster year-over-year revenue change (45.2% vs 17.3%). ESTABLISHMENT LABS HOLDINGS INC. produced more free cash flow last quarter ($-2.0M vs $-12.0M). Over the past eight quarters, ESTABLISHMENT LABS HOLDINGS INC.'s revenue compounded faster (31.9% CAGR vs 6.6%).
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.
Katapult Holdings, Inc. is a U.S.-based fintech company that provides accessible point-of-sale lease-to-purchase solutions for consumers with limited or no traditional credit history. It partners with a wide network of e-commerce platforms and brick-and-mortar retail merchants across segments including electronics, furniture and home goods to offer flexible payment plans for customers to obtain needed products.
ESTA vs KPLT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.6M | $73.9M |
| Net Profit | — | $19.8M |
| Gross Margin | 70.5% | 15.6% |
| Operating Margin | -6.1% | -1.4% |
| Net Margin | — | 26.8% |
| Revenue YoY | 45.2% | 17.3% |
| Net Profit YoY | — | 307.3% |
| EPS (diluted) | $-0.07 | $3.69 |
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.
| Q4 25 | $64.6M | $73.9M | ||
| Q3 25 | $53.8M | $74.0M | ||
| Q2 25 | $51.3M | $71.9M | ||
| Q1 25 | $41.4M | $71.9M | ||
| Q4 24 | $44.5M | $63.0M | ||
| Q3 24 | $40.2M | $60.3M | ||
| Q2 24 | $44.1M | $58.9M | ||
| Q1 24 | $37.2M | $65.1M |
| Q4 25 | — | $19.8M | ||
| Q3 25 | $-11.1M | $-4.9M | ||
| Q2 25 | $-16.6M | $-7.8M | ||
| Q1 25 | $-20.7M | $-5.7M | ||
| Q4 24 | — | $-9.6M | ||
| Q3 24 | $-16.7M | $-8.9M | ||
| Q2 24 | $-17.2M | $-6.9M | ||
| Q1 24 | $-16.2M | $-570.0K |
| Q4 25 | 70.5% | 15.6% | ||
| Q3 25 | 70.1% | 19.7% | ||
| Q2 25 | 68.8% | 15.5% | ||
| Q1 25 | 67.2% | 19.9% | ||
| Q4 24 | 68.5% | 11.8% | ||
| Q3 24 | 63.9% | 19.8% | ||
| Q2 24 | 65.6% | 16.9% | ||
| Q1 24 | 65.6% | 25.3% |
| Q4 25 | -6.1% | -1.4% | ||
| Q3 25 | -7.5% | 3.3% | ||
| Q2 25 | -27.5% | -2.0% | ||
| Q1 25 | -41.0% | -0.7% | ||
| Q4 24 | -41.9% | -7.7% | ||
| Q3 24 | -32.7% | -7.4% | ||
| Q2 24 | -21.2% | -4.5% | ||
| Q1 24 | -23.8% | 5.8% |
| Q4 25 | — | 26.8% | ||
| Q3 25 | -20.7% | -6.7% | ||
| Q2 25 | -32.3% | -10.9% | ||
| Q1 25 | -50.1% | -7.9% | ||
| Q4 24 | — | -15.2% | ||
| Q3 24 | -41.5% | -14.7% | ||
| Q2 24 | -38.9% | -11.7% | ||
| Q1 24 | -43.6% | -0.9% |
| Q4 25 | $-0.07 | $3.69 | ||
| Q3 25 | $-0.38 | $-0.94 | ||
| Q2 25 | $-0.57 | $-1.63 | ||
| Q1 25 | $-0.70 | $-1.23 | ||
| Q4 24 | $-1.21 | $-2.17 | ||
| Q3 24 | $-0.59 | $-2.05 | ||
| Q2 24 | $-0.62 | $-1.61 | ||
| Q1 24 | $-0.58 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $75.6M | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $23.5M | $-38.1M |
| Total Assets | $357.2M | $107.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | $22.4M | ||
| Q3 25 | $70.6M | $3.4M | ||
| Q2 25 | $54.6M | $3.7M | ||
| Q1 25 | $69.2M | $6.0M | ||
| Q4 24 | $90.3M | $3.5M | ||
| Q3 24 | — | $25.9M | ||
| Q2 24 | — | $33.7M | ||
| Q1 24 | — | $31.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $23.5M | $-38.1M | ||
| Q3 25 | $16.4M | $-58.4M | ||
| Q2 25 | $22.8M | $-54.1M | ||
| Q1 25 | $38.5M | $-51.7M | ||
| Q4 24 | $53.1M | $-46.8M | ||
| Q3 24 | $32.7M | $-40.3M | ||
| Q2 24 | $45.0M | $-32.9M | ||
| Q1 24 | $56.9M | $-27.5M |
| Q4 25 | $357.2M | $107.9M | ||
| Q3 25 | $338.9M | $85.9M | ||
| Q2 25 | $329.7M | $90.6M | ||
| Q1 25 | $333.4M | $88.5M | ||
| Q4 24 | $346.8M | $93.2M | ||
| Q3 24 | $282.7M | $92.0M | ||
| Q2 24 | $285.1M | $106.6M | ||
| Q1 24 | $301.8M | $106.6M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-162.0K | $-11.9M |
| Free Cash FlowOCF − Capex | $-2.0M | $-12.0M |
| FCF MarginFCF / Revenue | -3.1% | -16.2% |
| Capex IntensityCapex / Revenue | 2.8% | 0.0% |
| Cash ConversionOCF / Net Profit | — | -0.60× |
| TTM Free Cash FlowTrailing 4 quarters | $-56.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-162.0K | $-11.9M | ||
| Q3 25 | $-11.3M | $4.0M | ||
| Q2 25 | $-18.8M | $-6.6M | ||
| Q1 25 | $-20.7M | $3.4M | ||
| Q4 24 | $-20.7M | $-32.6M | ||
| Q3 24 | $-12.5M | $-5.4M | ||
| Q2 24 | $-14.2M | $-628.0K | ||
| Q1 24 | $-11.2M | $2.0M |
| Q4 25 | $-2.0M | $-12.0M | ||
| Q3 25 | $-13.1M | $4.0M | ||
| Q2 25 | $-20.4M | — | ||
| Q1 25 | $-21.5M | $3.4M | ||
| Q4 24 | $-21.3M | $-32.6M | ||
| Q3 24 | $-13.9M | $-5.4M | ||
| Q2 24 | $-15.0M | $-653.0K | ||
| Q1 24 | $-14.5M | — |
| Q4 25 | -3.1% | -16.2% | ||
| Q3 25 | -24.4% | 5.4% | ||
| Q2 25 | -39.7% | — | ||
| Q1 25 | -51.9% | 4.7% | ||
| Q4 24 | -47.8% | -51.8% | ||
| Q3 24 | -34.6% | -9.0% | ||
| Q2 24 | -33.9% | -1.1% | ||
| Q1 24 | -38.9% | — |
| Q4 25 | 2.8% | 0.0% | ||
| Q3 25 | 3.4% | 0.0% | ||
| Q2 25 | 3.2% | 0.0% | ||
| Q1 25 | 1.8% | 0.0% | ||
| Q4 24 | 1.2% | 0.1% | ||
| Q3 24 | 3.7% | 0.0% | ||
| Q2 24 | 1.8% | 0.0% | ||
| Q1 24 | 8.9% | 0.0% |
| Q4 25 | — | -0.60× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
