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Side-by-side financial comparison of ESTABLISHMENT LABS HOLDINGS INC. (ESTA) and Quest Resource Holding Corp (QRHC). 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 $58.9M, roughly 1.1× Quest Resource Holding Corp). On growth, ESTABLISHMENT LABS HOLDINGS INC. posted the faster year-over-year revenue change (45.2% vs -15.8%). Quest Resource Holding Corp produced more free cash flow last quarter ($1.0M vs $-2.0M). Over the past eight quarters, ESTABLISHMENT LABS HOLDINGS INC.'s revenue compounded faster (31.9% CAGR vs -10.0%).

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.

Quest Resource Holding Corp provides end-to-end waste management, recycling, and sustainability solutions to commercial, industrial, and retail clients across North America. It helps businesses cut waste volumes, reduce operational costs, and fulfill corporate environmental targets via customized waste diversion and circular economy initiatives.

ESTA vs QRHC — Head-to-Head

Bigger by revenue
ESTA
ESTA
1.1× larger
ESTA
$64.6M
$58.9M
QRHC
Growing faster (revenue YoY)
ESTA
ESTA
+61.0% gap
ESTA
45.2%
-15.8%
QRHC
More free cash flow
QRHC
QRHC
$3.0M more FCF
QRHC
$1.0M
$-2.0M
ESTA
Faster 2-yr revenue CAGR
ESTA
ESTA
Annualised
ESTA
31.9%
-10.0%
QRHC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ESTA
ESTA
QRHC
QRHC
Revenue
$64.6M
$58.9M
Net Profit
$-1.7M
Gross Margin
70.5%
15.5%
Operating Margin
-6.1%
0.9%
Net Margin
-2.8%
Revenue YoY
45.2%
-15.8%
Net Profit YoY
82.6%
EPS (diluted)
$-0.07
$-0.08

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
QRHC
QRHC
Q4 25
$64.6M
$58.9M
Q3 25
$53.8M
$63.3M
Q2 25
$51.3M
$59.5M
Q1 25
$41.4M
$68.4M
Q4 24
$44.5M
$70.0M
Q3 24
$40.2M
$72.8M
Q2 24
$44.1M
$73.1M
Q1 24
$37.2M
$72.7M
Net Profit
ESTA
ESTA
QRHC
QRHC
Q4 25
$-1.7M
Q3 25
$-11.1M
$-1.3M
Q2 25
$-16.6M
$-2.0M
Q1 25
$-20.7M
$-10.4M
Q4 24
$-9.5M
Q3 24
$-16.7M
$-3.4M
Q2 24
$-17.2M
$-1.5M
Q1 24
$-16.2M
$-655.0K
Gross Margin
ESTA
ESTA
QRHC
QRHC
Q4 25
70.5%
15.5%
Q3 25
70.1%
18.1%
Q2 25
68.8%
18.5%
Q1 25
67.2%
16.0%
Q4 24
68.5%
15.3%
Q3 24
63.9%
16.1%
Q2 24
65.6%
18.5%
Q1 24
65.6%
19.3%
Operating Margin
ESTA
ESTA
QRHC
QRHC
Q4 25
-6.1%
0.9%
Q3 25
-7.5%
1.7%
Q2 25
-27.5%
0.6%
Q1 25
-41.0%
-11.9%
Q4 24
-41.9%
-10.3%
Q3 24
-32.7%
-1.3%
Q2 24
-21.2%
2.4%
Q1 24
-23.8%
2.6%
Net Margin
ESTA
ESTA
QRHC
QRHC
Q4 25
-2.8%
Q3 25
-20.7%
-2.1%
Q2 25
-32.3%
-3.3%
Q1 25
-50.1%
-15.2%
Q4 24
-13.6%
Q3 24
-41.5%
-4.7%
Q2 24
-38.9%
-2.1%
Q1 24
-43.6%
-0.9%
EPS (diluted)
ESTA
ESTA
QRHC
QRHC
Q4 25
$-0.07
$-0.08
Q3 25
$-0.38
$-0.06
Q2 25
$-0.57
$-0.09
Q1 25
$-0.70
$-0.50
Q4 24
$-1.21
$-0.47
Q3 24
$-0.59
$-0.16
Q2 24
$-0.62
$-0.07
Q1 24
$-0.58
$-0.03

Balance Sheet & Financial Strength

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

Metric
ESTA
ESTA
QRHC
QRHC
Cash + ST InvestmentsLiquidity on hand
$75.6M
$1.0M
Total DebtLower is stronger
$64.0M
Stockholders' EquityBook value
$23.5M
$40.5M
Total Assets
$357.2M
$145.6M
Debt / EquityLower = less leverage
1.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESTA
ESTA
QRHC
QRHC
Q4 25
$75.6M
$1.0M
Q3 25
$70.6M
$1.1M
Q2 25
$54.6M
$449.0K
Q1 25
$69.2M
$1.4M
Q4 24
$90.3M
$396.0K
Q3 24
$1.1M
Q2 24
$957.5K
Q1 24
$581.1K
Total Debt
ESTA
ESTA
QRHC
QRHC
Q4 25
$64.0M
Q3 25
$65.4M
Q2 25
$69.7M
Q1 25
$74.1M
Q4 24
$0
$76.3M
Q3 24
$71.9M
Q2 24
$70.7M
Q1 24
$68.5M
Stockholders' Equity
ESTA
ESTA
QRHC
QRHC
Q4 25
$23.5M
$40.5M
Q3 25
$16.4M
$42.0M
Q2 25
$22.8M
$42.9M
Q1 25
$38.5M
$44.4M
Q4 24
$53.1M
$54.2M
Q3 24
$32.7M
$62.8M
Q2 24
$45.0M
$65.6M
Q1 24
$56.9M
$66.3M
Total Assets
ESTA
ESTA
QRHC
QRHC
Q4 25
$357.2M
$145.6M
Q3 25
$338.9M
$149.3M
Q2 25
$329.7M
$153.1M
Q1 25
$333.4M
$165.7M
Q4 24
$346.8M
$175.6M
Q3 24
$282.7M
$178.2M
Q2 24
$285.1M
$181.8M
Q1 24
$301.8M
$179.0M
Debt / Equity
ESTA
ESTA
QRHC
QRHC
Q4 25
1.58×
Q3 25
1.56×
Q2 25
1.62×
Q1 25
1.67×
Q4 24
0.00×
1.41×
Q3 24
1.15×
Q2 24
1.08×
Q1 24
1.03×

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
QRHC
QRHC
Operating Cash FlowLast quarter
$-162.0K
$1.1M
Free Cash FlowOCF − Capex
$-2.0M
$1.0M
FCF MarginFCF / Revenue
-3.1%
1.7%
Capex IntensityCapex / Revenue
2.8%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-56.9M
$9.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESTA
ESTA
QRHC
QRHC
Q4 25
$-162.0K
$1.1M
Q3 25
$-11.3M
$5.7M
Q2 25
$-18.8M
$3.9M
Q1 25
$-20.7M
$-1.1M
Q4 24
$-20.7M
$-4.8M
Q3 24
$-12.5M
$-475.0K
Q2 24
$-14.2M
$808.0K
Q1 24
$-11.2M
$-1.7M
Free Cash Flow
ESTA
ESTA
QRHC
QRHC
Q4 25
$-2.0M
$1.0M
Q3 25
$-13.1M
$5.6M
Q2 25
$-20.4M
$3.9M
Q1 25
$-21.5M
$-1.2M
Q4 24
$-21.3M
$-5.2M
Q3 24
$-13.9M
$-583.0K
Q2 24
$-15.0M
$-1.4M
Q1 24
$-14.5M
$-3.6M
FCF Margin
ESTA
ESTA
QRHC
QRHC
Q4 25
-3.1%
1.7%
Q3 25
-24.4%
8.9%
Q2 25
-39.7%
6.5%
Q1 25
-51.9%
-1.8%
Q4 24
-47.8%
-7.4%
Q3 24
-34.6%
-0.8%
Q2 24
-33.9%
-2.0%
Q1 24
-38.9%
-4.9%
Capex Intensity
ESTA
ESTA
QRHC
QRHC
Q4 25
2.8%
0.1%
Q3 25
3.4%
0.0%
Q2 25
3.2%
0.0%
Q1 25
1.8%
0.2%
Q4 24
1.2%
0.6%
Q3 24
3.7%
0.1%
Q2 24
1.8%
3.1%
Q1 24
8.9%
2.6%

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESTA
ESTA

Segment breakdown not available.

QRHC
QRHC

Services$55.8M95%
Product Sales And Other$3.1M5%

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