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Side-by-side financial comparison of ESTABLISHMENT LABS HOLDINGS INC. (ESTA) and NETSTREIT Corp. (NTST). 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 $57.1M, roughly 1.1× NETSTREIT Corp.). On growth, ESTABLISHMENT LABS HOLDINGS INC. posted the faster year-over-year revenue change (45.2% vs 24.3%). Over the past eight quarters, ESTABLISHMENT LABS HOLDINGS INC.'s revenue compounded faster (31.9% CAGR vs 20.1%).
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.
NETSTREIT Corp. is a US-headquartered real estate investment trust (REIT) that specializes in acquiring and operating a diversified portfolio of single-tenant net lease commercial properties. Its asset portfolio covers retail, industrial and office categories, primarily catering to investment-grade corporate tenants across the United States market.
ESTA vs NTST — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $64.6M | $57.1M |
| Net Profit | — | $5.7M |
| Gross Margin | 70.5% | — |
| Operating Margin | -6.1% | 34.1% |
| Net Margin | — | 10.0% |
| Revenue YoY | 45.2% | 24.3% |
| Net Profit YoY | — | 235.9% |
| EPS (diluted) | $-0.07 | $0.32 |
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.
| Q1 26 | — | $57.1M | ||
| Q4 25 | $64.6M | $52.5M | ||
| Q3 25 | $53.8M | $48.3M | ||
| Q2 25 | $51.3M | $48.3M | ||
| Q1 25 | $41.4M | $45.9M | ||
| Q4 24 | $44.5M | $44.1M | ||
| Q3 24 | $40.2M | $41.4M | ||
| Q2 24 | $44.1M | $39.6M |
| Q1 26 | — | $5.7M | ||
| Q4 25 | — | $1.3M | ||
| Q3 25 | $-11.1M | $618.0K | ||
| Q2 25 | $-16.6M | $3.3M | ||
| Q1 25 | $-20.7M | $1.7M | ||
| Q4 24 | — | $-5.4M | ||
| Q3 24 | $-16.7M | $-5.3M | ||
| Q2 24 | $-17.2M | $-2.3M |
| Q1 26 | — | — | ||
| 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 26 | — | 34.1% | ||
| Q4 25 | -6.1% | 2.6% | ||
| Q3 25 | -7.5% | 1.3% | ||
| Q2 25 | -27.5% | 6.8% | ||
| Q1 25 | -41.0% | 3.7% | ||
| Q4 24 | -41.9% | -12.3% | ||
| Q3 24 | -32.7% | -12.8% | ||
| Q2 24 | -21.2% | -5.8% |
| Q1 26 | — | 10.0% | ||
| Q4 25 | — | 2.5% | ||
| Q3 25 | -20.7% | 1.3% | ||
| Q2 25 | -32.3% | 6.8% | ||
| Q1 25 | -50.1% | 3.7% | ||
| Q4 24 | — | -12.3% | ||
| Q3 24 | -41.5% | -12.8% | ||
| Q2 24 | -38.9% | -5.8% |
| Q1 26 | — | $0.32 | ||
| Q4 25 | $-0.07 | $0.01 | ||
| Q3 25 | $-0.38 | $0.01 | ||
| Q2 25 | $-0.57 | $0.04 | ||
| Q1 25 | $-0.70 | $0.02 | ||
| Q4 24 | $-1.21 | $-0.07 | ||
| Q3 24 | $-0.59 | $-0.07 | ||
| Q2 24 | $-0.62 | $-0.03 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $23.5M | $1.5B |
| Total Assets | $357.2M | $2.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $926.6M | ||
| Q1 25 | — | $913.3M | ||
| Q4 24 | $0 | $868.3M | ||
| Q3 24 | — | $778.7M | ||
| Q2 24 | — | $726.2M |
| Q1 26 | — | $1.5B | ||
| Q4 25 | $23.5M | $1.4B | ||
| Q3 25 | $16.4M | $1.3B | ||
| Q2 25 | $22.8M | $1.3B | ||
| Q1 25 | $38.5M | $1.3B | ||
| Q4 24 | $53.1M | $1.3B | ||
| Q3 24 | $32.7M | $1.3B | ||
| Q2 24 | $45.0M | $1.3B |
| Q1 26 | — | $2.8B | ||
| Q4 25 | $357.2M | $2.6B | ||
| Q3 25 | $338.9M | $2.5B | ||
| Q2 25 | $329.7M | $2.3B | ||
| Q1 25 | $333.4M | $2.3B | ||
| Q4 24 | $346.8M | $2.3B | ||
| Q3 24 | $282.7M | $2.2B | ||
| Q2 24 | $285.1M | $2.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.76× | ||
| Q3 25 | — | 0.84× | ||
| Q2 25 | — | 0.70× | ||
| Q1 25 | — | 0.70× | ||
| Q4 24 | 0.00× | 0.65× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | 0.55× |
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 | — |
| Free Cash FlowOCF − Capex | $-2.0M | — |
| FCF MarginFCF / Revenue | -3.1% | — |
| Capex IntensityCapex / Revenue | 2.8% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-56.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-162.0K | $109.5M | ||
| Q3 25 | $-11.3M | $28.0M | ||
| Q2 25 | $-18.8M | $30.6M | ||
| Q1 25 | $-20.7M | $22.1M | ||
| Q4 24 | $-20.7M | $90.2M | ||
| Q3 24 | $-12.5M | $25.1M | ||
| Q2 24 | $-14.2M | $25.4M |
| Q1 26 | — | — | ||
| Q4 25 | $-2.0M | — | ||
| Q3 25 | $-13.1M | — | ||
| Q2 25 | $-20.4M | — | ||
| Q1 25 | $-21.5M | — | ||
| Q4 24 | $-21.3M | — | ||
| Q3 24 | $-13.9M | — | ||
| Q2 24 | $-15.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | -3.1% | — | ||
| Q3 25 | -24.4% | — | ||
| Q2 25 | -39.7% | — | ||
| Q1 25 | -51.9% | — | ||
| Q4 24 | -47.8% | — | ||
| Q3 24 | -34.6% | — | ||
| Q2 24 | -33.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.8% | — | ||
| Q3 25 | 3.4% | — | ||
| Q2 25 | 3.2% | — | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 1.2% | — | ||
| Q3 24 | 3.7% | — | ||
| Q2 24 | 1.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 82.46× | ||
| Q3 25 | — | 45.27× | ||
| Q2 25 | — | 9.36× | ||
| Q1 25 | — | 13.06× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESTA
Segment breakdown not available.
NTST
| Rental revenue (including reimbursable) | $54.0M | 95% |
| Other | $3.0M | 5% |
