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Side-by-side financial comparison of ESTABLISHMENT LABS HOLDINGS INC. (ESTA) and LandBridge Co LLC (LB). 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 $56.8M, roughly 1.1× LandBridge Co LLC). On growth, LandBridge Co LLC posted the faster year-over-year revenue change (55.6% vs 45.2%). LandBridge Co LLC produced more free cash flow last quarter ($122.0M vs $-2.0M). Over the past eight quarters, LandBridge Co LLC's revenue compounded faster (72.8% CAGR vs 31.9%).
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.
ESTA vs LB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.6M | $56.8M |
| Net Profit | — | $8.1M |
| Gross Margin | 70.5% | — |
| Operating Margin | -6.1% | 60.0% |
| Net Margin | — | 14.2% |
| Revenue YoY | 45.2% | 55.6% |
| Net Profit YoY | — | -83.7% |
| EPS (diluted) | $-0.07 | $0.24 |
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 | $56.8M | ||
| Q3 25 | $53.8M | $50.8M | ||
| Q2 25 | $51.3M | $47.5M | ||
| Q1 25 | $41.4M | $44.0M | ||
| Q4 24 | $44.5M | $36.5M | ||
| Q3 24 | $40.2M | $28.5M | ||
| Q2 24 | $44.1M | $26.0M | ||
| Q1 24 | $37.2M | $19.0M |
| Q4 25 | — | $8.1M | ||
| Q3 25 | $-11.1M | $8.1M | ||
| Q2 25 | $-16.6M | $7.5M | ||
| Q1 25 | $-20.7M | $6.5M | ||
| Q4 24 | — | $49.3M | ||
| Q3 24 | $-16.7M | $2.7M | ||
| Q2 24 | $-17.2M | $-57.7M | ||
| Q1 24 | $-16.2M | $10.8M |
| 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% | — |
| Q4 25 | -6.1% | 60.0% | ||
| Q3 25 | -7.5% | 60.8% | ||
| Q2 25 | -27.5% | 60.0% | ||
| Q1 25 | -41.0% | 57.0% | ||
| Q4 24 | -41.9% | 49.4% | ||
| Q3 24 | -32.7% | 11.2% | ||
| Q2 24 | -21.2% | -197.4% | ||
| Q1 24 | -23.8% | 71.1% |
| Q4 25 | — | 14.2% | ||
| Q3 25 | -20.7% | 15.9% | ||
| Q2 25 | -32.3% | 15.8% | ||
| Q1 25 | -50.1% | 14.7% | ||
| Q4 24 | — | 135.2% | ||
| Q3 24 | -41.5% | 9.3% | ||
| Q2 24 | -38.9% | -222.1% | ||
| Q1 24 | -43.6% | 56.7% |
| Q4 25 | $-0.07 | $0.24 | ||
| Q3 25 | $-0.38 | $0.26 | ||
| Q2 25 | $-0.57 | $0.24 | ||
| Q1 25 | $-0.70 | $0.20 | ||
| Q4 24 | $-1.21 | — | ||
| Q3 24 | $-0.59 | $-0.04 | ||
| Q2 24 | $-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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $75.6M | $30.7M |
| Total DebtLower is stronger | — | $570.7M |
| Stockholders' EquityBook value | $23.5M | $340.3M |
| Total Assets | $357.2M | $1.4B |
| Debt / EquityLower = less leverage | — | 1.68× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | $30.7M | ||
| Q3 25 | $70.6M | $28.3M | ||
| Q2 25 | $54.6M | $20.3M | ||
| Q1 25 | $69.2M | $14.9M | ||
| Q4 24 | $90.3M | $37.0M | ||
| Q3 24 | — | $14.4M | ||
| Q2 24 | — | $24.6M | ||
| Q1 24 | — | — |
| Q4 25 | — | $570.7M | ||
| Q3 25 | — | $366.1M | ||
| Q2 25 | — | $370.9M | ||
| Q1 25 | — | $375.5M | ||
| Q4 24 | $0 | $385.5M | ||
| Q3 24 | — | $242.4M | ||
| Q2 24 | — | $360.8M | ||
| Q1 24 | — | — |
| Q4 25 | $23.5M | $340.3M | ||
| Q3 25 | $16.4M | $272.0M | ||
| Q2 25 | $22.8M | $266.4M | ||
| Q1 25 | $38.5M | $217.0M | ||
| Q4 24 | $53.1M | $211.8M | ||
| Q3 24 | $32.7M | $97.2M | ||
| Q2 24 | $45.0M | $296.4M | ||
| Q1 24 | $56.9M | $162.3M |
| Q4 25 | $357.2M | $1.4B | ||
| Q3 25 | $338.9M | $1.1B | ||
| Q2 25 | $329.7M | $1.1B | ||
| Q1 25 | $333.4M | $1.0B | ||
| Q4 24 | $346.8M | $1.0B | ||
| Q3 24 | $282.7M | $689.9M | ||
| Q2 24 | $285.1M | $710.5M | ||
| Q1 24 | $301.8M | — |
| Q4 25 | — | 1.68× | ||
| Q3 25 | — | 1.35× | ||
| Q2 25 | — | 1.39× | ||
| Q1 25 | — | 1.73× | ||
| Q4 24 | 0.00× | 1.82× | ||
| Q3 24 | — | 2.49× | ||
| Q2 24 | — | 1.22× | ||
| 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 | $126.3M |
| Free Cash FlowOCF − Capex | $-2.0M | $122.0M |
| FCF MarginFCF / Revenue | -3.1% | 214.9% |
| Capex IntensityCapex / Revenue | 2.8% | 7.5% |
| Cash ConversionOCF / Net Profit | — | 15.68× |
| TTM Free Cash FlowTrailing 4 quarters | $-56.9M | $207.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-162.0K | $126.3M | ||
| Q3 25 | $-11.3M | $34.9M | ||
| Q2 25 | $-18.8M | $37.3M | ||
| Q1 25 | $-20.7M | $15.9M | ||
| Q4 24 | $-20.7M | $67.6M | ||
| Q3 24 | $-12.5M | $7.5M | ||
| Q2 24 | $-14.2M | $16.0M | ||
| Q1 24 | $-11.2M | $17.2M |
| Q4 25 | $-2.0M | $122.0M | ||
| Q3 25 | $-13.1M | $33.7M | ||
| Q2 25 | $-20.4M | $36.1M | ||
| Q1 25 | $-21.5M | $15.8M | ||
| Q4 24 | $-21.3M | $66.7M | ||
| Q3 24 | $-13.9M | $7.1M | ||
| Q2 24 | $-15.0M | $15.7M | ||
| Q1 24 | $-14.5M | $17.1M |
| Q4 25 | -3.1% | 214.9% | ||
| Q3 25 | -24.4% | 66.3% | ||
| Q2 25 | -39.7% | 75.9% | ||
| Q1 25 | -51.9% | 36.0% | ||
| Q4 24 | -47.8% | 182.6% | ||
| Q3 24 | -34.6% | 25.1% | ||
| Q2 24 | -33.9% | 60.4% | ||
| Q1 24 | -38.9% | 90.1% |
| Q4 25 | 2.8% | 7.5% | ||
| Q3 25 | 3.4% | 2.3% | ||
| Q2 25 | 3.2% | 2.6% | ||
| Q1 25 | 1.8% | 0.2% | ||
| Q4 24 | 1.2% | 2.7% | ||
| Q3 24 | 3.7% | 1.1% | ||
| Q2 24 | 1.8% | 1.4% | ||
| Q1 24 | 8.9% | 0.5% |
| Q4 25 | — | 15.68× | ||
| Q3 25 | — | 4.31× | ||
| Q2 25 | — | 4.98× | ||
| Q1 25 | — | 2.46× | ||
| Q4 24 | — | 1.37× | ||
| Q3 24 | — | 2.80× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.60× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
