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

LIVE VENTURES Inc is the larger business by last-quarter revenue ($108.5M vs $64.6M, roughly 1.7× ESTABLISHMENT LABS HOLDINGS INC.). On growth, ESTABLISHMENT LABS HOLDINGS INC. posted the faster year-over-year revenue change (45.2% vs -2.7%). LIVE VENTURES Inc produced more free cash flow last quarter ($8.5M vs $-2.0M). Over the past eight quarters, ESTABLISHMENT LABS HOLDINGS INC.'s revenue compounded faster (31.9% CAGR vs -4.3%).

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.

Live Nation Entertainment, Inc. is an American multinational entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. It continues to operate both brands as subsidiary companies, promoting and managing ticket sales for live entertainment internationally. It also owns and operates entertainment venues and manages the careers of music artists.

ESTA vs LIVE — Head-to-Head

Bigger by revenue
LIVE
LIVE
1.7× larger
LIVE
$108.5M
$64.6M
ESTA
Growing faster (revenue YoY)
ESTA
ESTA
+47.8% gap
ESTA
45.2%
-2.7%
LIVE
More free cash flow
LIVE
LIVE
$10.5M more FCF
LIVE
$8.5M
$-2.0M
ESTA
Faster 2-yr revenue CAGR
ESTA
ESTA
Annualised
ESTA
31.9%
-4.3%
LIVE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ESTA
ESTA
LIVE
LIVE
Revenue
$64.6M
$108.5M
Net Profit
$-64.0K
Gross Margin
70.5%
32.6%
Operating Margin
-6.1%
3.2%
Net Margin
-0.1%
Revenue YoY
45.2%
-2.7%
Net Profit YoY
-113.0%
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
LIVE
LIVE
Q4 25
$64.6M
$108.5M
Q3 25
$53.8M
$113.9M
Q2 25
$51.3M
$112.5M
Q1 25
$41.4M
$107.0M
Q4 24
$44.5M
$111.5M
Q3 24
$40.2M
$112.7M
Q2 24
$44.1M
$123.9M
Q1 24
$37.2M
$118.6M
Net Profit
ESTA
ESTA
LIVE
LIVE
Q4 25
$-64.0K
Q3 25
$-11.1M
$997.0K
Q2 25
$-16.6M
$5.4M
Q1 25
$-20.7M
$15.9M
Q4 24
$492.0K
Q3 24
$-16.7M
$-19.9M
Q2 24
$-17.2M
$-2.9M
Q1 24
$-16.2M
$-3.3M
Gross Margin
ESTA
ESTA
LIVE
LIVE
Q4 25
70.5%
32.6%
Q3 25
70.1%
32.4%
Q2 25
68.8%
34.0%
Q1 25
67.2%
32.8%
Q4 24
68.5%
31.7%
Q3 24
63.9%
31.9%
Q2 24
65.6%
29.9%
Q1 24
65.6%
29.9%
Operating Margin
ESTA
ESTA
LIVE
LIVE
Q4 25
-6.1%
3.2%
Q3 25
-7.5%
3.3%
Q2 25
-27.5%
7.1%
Q1 25
-41.0%
2.0%
Q4 24
-41.9%
0.7%
Q3 24
-32.7%
-15.5%
Q2 24
-21.2%
0.9%
Q1 24
-23.8%
-0.7%
Net Margin
ESTA
ESTA
LIVE
LIVE
Q4 25
-0.1%
Q3 25
-20.7%
0.9%
Q2 25
-32.3%
4.8%
Q1 25
-50.1%
14.8%
Q4 24
0.4%
Q3 24
-41.5%
-17.6%
Q2 24
-38.9%
-2.3%
Q1 24
-43.6%
-2.8%
EPS (diluted)
ESTA
ESTA
LIVE
LIVE
Q4 25
$-0.07
$-0.02
Q3 25
$-0.38
$-1.52
Q2 25
$-0.57
$1.24
Q1 25
$-0.70
$5.05
Q4 24
$-1.21
$0.16
Q3 24
$-0.59
$-6.31
Q2 24
$-0.62
$-0.91
Q1 24
$-0.58
$-1.04

Balance Sheet & Financial Strength

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

Metric
ESTA
ESTA
LIVE
LIVE
Cash + ST InvestmentsLiquidity on hand
$75.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$23.5M
$95.3M
Total Assets
$357.2M
$389.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESTA
ESTA
LIVE
LIVE
Q4 25
$75.6M
Q3 25
$70.6M
Q2 25
$54.6M
Q1 25
$69.2M
Q4 24
$90.3M
Q3 24
Q2 24
Q1 24
Total Debt
ESTA
ESTA
LIVE
LIVE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ESTA
ESTA
LIVE
LIVE
Q4 25
$23.5M
$95.3M
Q3 25
$16.4M
$95.3M
Q2 25
$22.8M
$94.3M
Q1 25
$38.5M
$88.9M
Q4 24
$53.1M
$73.3M
Q3 24
$32.7M
$72.9M
Q2 24
$45.0M
$92.7M
Q1 24
$56.9M
$95.9M
Total Assets
ESTA
ESTA
LIVE
LIVE
Q4 25
$357.2M
$389.2M
Q3 25
$338.9M
$386.4M
Q2 25
$329.7M
$387.5M
Q1 25
$333.4M
$393.6M
Q4 24
$346.8M
$395.5M
Q3 24
$282.7M
$407.5M
Q2 24
$285.1M
$436.8M
Q1 24
$301.8M
$433.9M
Debt / Equity
ESTA
ESTA
LIVE
LIVE
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
ESTA
ESTA
LIVE
LIVE
Operating Cash FlowLast quarter
$-162.0K
$9.8M
Free Cash FlowOCF − Capex
$-2.0M
$8.5M
FCF MarginFCF / Revenue
-3.1%
7.8%
Capex IntensityCapex / Revenue
2.8%
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-56.9M
$21.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESTA
ESTA
LIVE
LIVE
Q4 25
$-162.0K
$9.8M
Q3 25
$-11.3M
$6.8M
Q2 25
$-18.8M
$12.3M
Q1 25
$-20.7M
$231.0K
Q4 24
$-20.7M
$9.4M
Q3 24
$-12.5M
$6.7M
Q2 24
$-14.2M
$11.7M
Q1 24
$-11.2M
$-5.7M
Free Cash Flow
ESTA
ESTA
LIVE
LIVE
Q4 25
$-2.0M
$8.5M
Q3 25
$-13.1M
$4.8M
Q2 25
$-20.4M
$10.8M
Q1 25
$-21.5M
$-2.3M
Q4 24
$-21.3M
$7.6M
Q3 24
$-13.9M
$3.3M
Q2 24
$-15.0M
$10.1M
Q1 24
$-14.5M
$-7.5M
FCF Margin
ESTA
ESTA
LIVE
LIVE
Q4 25
-3.1%
7.8%
Q3 25
-24.4%
4.2%
Q2 25
-39.7%
9.6%
Q1 25
-51.9%
-2.1%
Q4 24
-47.8%
6.8%
Q3 24
-34.6%
2.9%
Q2 24
-33.9%
8.2%
Q1 24
-38.9%
-6.3%
Capex Intensity
ESTA
ESTA
LIVE
LIVE
Q4 25
2.8%
1.2%
Q3 25
3.4%
1.7%
Q2 25
3.2%
1.3%
Q1 25
1.8%
2.3%
Q4 24
1.2%
1.6%
Q3 24
3.7%
3.1%
Q2 24
1.8%
1.3%
Q1 24
8.9%
1.4%
Cash Conversion
ESTA
ESTA
LIVE
LIVE
Q4 25
Q3 25
6.78×
Q2 25
2.28×
Q1 25
0.01×
Q4 24
19.11×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESTA
ESTA

Segment breakdown not available.

LIVE
LIVE

Steel Manufacturing Segment$31.9M29%
Flooring Manufacturing Segment$28.9M27%
Retail Flooring Segment$25.3M23%
Retail Entertainment Segment$23.6M22%

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