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Side-by-side financial comparison of ESTABLISHMENT LABS HOLDINGS INC. (ESTA) and OLAPLEX HOLDINGS, INC. (OLPX). Click either name above to swap in a different company.
OLAPLEX HOLDINGS, INC. is the larger business by last-quarter revenue ($105.1M vs $64.6M, roughly 1.6× ESTABLISHMENT LABS HOLDINGS INC.). On growth, ESTABLISHMENT LABS HOLDINGS INC. posted the faster year-over-year revenue change (45.2% vs 4.3%). OLAPLEX HOLDINGS, INC. produced more free cash flow last quarter ($32.6M vs $-2.0M). Over the past eight quarters, ESTABLISHMENT LABS HOLDINGS INC.'s revenue compounded faster (31.9% CAGR vs 3.1%).
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.
Olaplex Holdings, Inc. is a specialty beauty company developing and selling patented bond-repair hair care products. It runs three core segments: professional salon distribution, direct-to-consumer sales, and third-party retail, serving customers across North America, Europe, and Asia-Pacific with products that repair and protect damaged hair.
ESTA vs OLPX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $64.6M | $105.1M |
| Net Profit | — | $-13.1M |
| Gross Margin | 70.5% | 68.0% |
| Operating Margin | -6.1% | -4.3% |
| Net Margin | — | -12.5% |
| Revenue YoY | 45.2% | 4.3% |
| Net Profit YoY | — | -48.9% |
| 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.
| Q4 25 | $64.6M | $105.1M | ||
| Q3 25 | $53.8M | $114.6M | ||
| Q2 25 | $51.3M | $106.3M | ||
| Q1 25 | $41.4M | $97.0M | ||
| Q4 24 | $44.5M | $100.7M | ||
| Q3 24 | $40.2M | $119.1M | ||
| Q2 24 | $44.1M | $103.9M | ||
| Q1 24 | $37.2M | $98.9M |
| Q4 25 | — | $-13.1M | ||
| Q3 25 | $-11.1M | $11.1M | ||
| Q2 25 | $-16.6M | $-7.7M | ||
| Q1 25 | $-20.7M | $465.0K | ||
| Q4 24 | — | $-8.8M | ||
| Q3 24 | $-16.7M | $14.8M | ||
| Q2 24 | $-17.2M | $5.8M | ||
| Q1 24 | $-16.2M | $7.7M |
| Q4 25 | 70.5% | 68.0% | ||
| Q3 25 | 70.1% | 69.1% | ||
| Q2 25 | 68.8% | 71.2% | ||
| Q1 25 | 67.2% | 69.5% | ||
| Q4 24 | 68.5% | 66.3% | ||
| Q3 24 | 63.9% | 68.6% | ||
| Q2 24 | 65.6% | 69.7% | ||
| Q1 24 | 65.6% | 72.1% |
| Q4 25 | -6.1% | -4.3% | ||
| Q3 25 | -7.5% | 3.7% | ||
| Q2 25 | -27.5% | -1.1% | ||
| Q1 25 | -41.0% | 8.7% | ||
| Q4 24 | -41.9% | 3.0% | ||
| Q3 24 | -32.7% | 23.5% | ||
| Q2 24 | -21.2% | 15.7% | ||
| Q1 24 | -23.8% | 19.8% |
| Q4 25 | — | -12.5% | ||
| Q3 25 | -20.7% | 9.7% | ||
| Q2 25 | -32.3% | -7.3% | ||
| Q1 25 | -50.1% | 0.5% | ||
| Q4 24 | — | -8.7% | ||
| Q3 24 | -41.5% | 12.4% | ||
| Q2 24 | -38.9% | 5.6% | ||
| Q1 24 | -43.6% | 7.8% |
| Q4 25 | $-0.07 | $-0.02 | ||
| Q3 25 | $-0.38 | $0.02 | ||
| Q2 25 | $-0.57 | $-0.01 | ||
| Q1 25 | $-0.70 | $0.00 | ||
| Q4 24 | $-1.21 | $-0.01 | ||
| Q3 24 | $-0.59 | $0.02 | ||
| Q2 24 | $-0.62 | $0.01 | ||
| Q1 24 | $-0.58 | $0.01 |
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 | $318.7M |
| Total DebtLower is stronger | — | $352.3M |
| Stockholders' EquityBook value | $23.5M | $879.4M |
| Total Assets | $357.2M | $1.5B |
| Debt / EquityLower = less leverage | — | 0.40× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | $318.7M | ||
| Q3 25 | $70.6M | $286.4M | ||
| Q2 25 | $54.6M | $289.3M | ||
| Q1 25 | $69.2M | $580.9M | ||
| Q4 24 | $90.3M | $586.0M | ||
| Q3 24 | — | $538.8M | ||
| Q2 24 | — | $507.9M | ||
| Q1 24 | — | $507.5M |
| Q4 25 | — | $352.3M | ||
| Q3 25 | — | $352.1M | ||
| Q2 25 | — | $351.9M | ||
| Q1 25 | — | $649.1M | ||
| Q4 24 | $0 | $650.5M | ||
| Q3 24 | — | $651.8M | ||
| Q2 24 | — | $653.1M | ||
| Q1 24 | — | $654.4M |
| Q4 25 | $23.5M | $879.4M | ||
| Q3 25 | $16.4M | $888.7M | ||
| Q2 25 | $22.8M | $874.2M | ||
| Q1 25 | $38.5M | $878.3M | ||
| Q4 24 | $53.1M | $874.4M | ||
| Q3 24 | $32.7M | $879.7M | ||
| Q2 24 | $45.0M | $863.3M | ||
| Q1 24 | $56.9M | $855.7M |
| Q4 25 | $357.2M | $1.5B | ||
| Q3 25 | $338.9M | $1.5B | ||
| Q2 25 | $329.7M | $1.5B | ||
| Q1 25 | $333.4M | $1.8B | ||
| Q4 24 | $346.8M | $1.8B | ||
| Q3 24 | $282.7M | $1.8B | ||
| Q2 24 | $285.1M | $1.8B | ||
| Q1 24 | $301.8M | $1.8B |
| Q4 25 | — | 0.40× | ||
| Q3 25 | — | 0.40× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.74× | ||
| Q4 24 | 0.00× | 0.74× | ||
| Q3 24 | — | 0.74× | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | — | 0.76× |
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 | $32.7M |
| Free Cash FlowOCF − Capex | $-2.0M | $32.6M |
| FCF MarginFCF / Revenue | -3.1% | 31.0% |
| Capex IntensityCapex / Revenue | 2.8% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-56.9M | $58.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-162.0K | $32.7M | ||
| Q3 25 | $-11.3M | $8.0M | ||
| Q2 25 | $-18.8M | $20.9M | ||
| Q1 25 | $-20.7M | $-2.9M | ||
| Q4 24 | $-20.7M | $49.7M | ||
| Q3 24 | $-12.5M | $33.5M | ||
| Q2 24 | $-14.2M | $16.2M | ||
| Q1 24 | $-11.2M | $43.7M |
| Q4 25 | $-2.0M | $32.6M | ||
| Q3 25 | $-13.1M | $7.9M | ||
| Q2 25 | $-20.4M | $20.8M | ||
| Q1 25 | $-21.5M | $-3.0M | ||
| Q4 24 | $-21.3M | $49.2M | ||
| Q3 24 | $-13.9M | $33.3M | ||
| Q2 24 | $-15.0M | $16.1M | ||
| Q1 24 | $-14.5M | $43.3M |
| Q4 25 | -3.1% | 31.0% | ||
| Q3 25 | -24.4% | 6.9% | ||
| Q2 25 | -39.7% | 19.6% | ||
| Q1 25 | -51.9% | -3.1% | ||
| Q4 24 | -47.8% | 48.9% | ||
| Q3 24 | -34.6% | 28.0% | ||
| Q2 24 | -33.9% | 15.5% | ||
| Q1 24 | -38.9% | 43.7% |
| Q4 25 | 2.8% | 0.1% | ||
| Q3 25 | 3.4% | 0.1% | ||
| Q2 25 | 3.2% | 0.1% | ||
| Q1 25 | 1.8% | 0.0% | ||
| Q4 24 | 1.2% | 0.4% | ||
| Q3 24 | 3.7% | 0.1% | ||
| Q2 24 | 1.8% | 0.1% | ||
| Q1 24 | 8.9% | 0.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -6.27× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.26× | ||
| Q2 24 | — | 2.81× | ||
| Q1 24 | — | 5.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESTA
Segment breakdown not available.
OLPX
| Sales Channel Directly To Consumer | $43.6M | 42% |
| Sales Channel Through Intermediary Professional | $36.8M | 35% |
| Sales Channel Through Intermediary Specialty Retail | $24.7M | 23% |