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Side-by-side financial comparison of ESTABLISHMENT LABS HOLDINGS INC. (ESTA) and Repay Holdings Corp (RPAY). Click either name above to swap in a different company.
Repay Holdings Corp is the larger business by last-quarter revenue ($78.6M vs $64.6M, roughly 1.2× ESTABLISHMENT LABS HOLDINGS INC.). On growth, ESTABLISHMENT LABS HOLDINGS INC. posted the faster year-over-year revenue change (45.2% vs 0.4%). Repay Holdings Corp produced more free cash flow last quarter ($23.2M vs $-2.0M). Over the past eight quarters, ESTABLISHMENT LABS HOLDINGS INC.'s revenue compounded faster (31.9% CAGR vs -1.3%).
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.
Repay Holdings Corp is a leading payment technology provider delivering integrated end-to-end payment processing solutions for businesses across North America. Its offerings include credit/debit card processing, ACH transfer services, POS system integrations and digital payment tools, serving retail, healthcare, automotive and e-commerce segments to help clients streamline transaction workflows and boost operational efficiency.
ESTA vs RPAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.6M | $78.6M |
| Net Profit | — | $-140.1M |
| Gross Margin | 70.5% | 74.2% |
| Operating Margin | -6.1% | -182.2% |
| Net Margin | — | -178.3% |
| Revenue YoY | 45.2% | 0.4% |
| Net Profit YoY | — | -3304.1% |
| EPS (diluted) | $-0.07 | $-1.68 |
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 | $78.6M | ||
| Q3 25 | $53.8M | $77.7M | ||
| Q2 25 | $51.3M | $75.6M | ||
| Q1 25 | $41.4M | $77.3M | ||
| Q4 24 | $44.5M | $78.3M | ||
| Q3 24 | $40.2M | $79.1M | ||
| Q2 24 | $44.1M | $74.9M | ||
| Q1 24 | $37.2M | $80.7M |
| Q4 25 | — | $-140.1M | ||
| Q3 25 | $-11.1M | $-6.4M | ||
| Q2 25 | $-16.6M | $-102.3M | ||
| Q1 25 | $-20.7M | $-7.9M | ||
| Q4 24 | — | $-4.1M | ||
| Q3 24 | $-16.7M | $3.2M | ||
| Q2 24 | $-17.2M | $-4.1M | ||
| Q1 24 | $-16.2M | $-5.2M |
| Q4 25 | 70.5% | 74.2% | ||
| Q3 25 | 70.1% | 74.4% | ||
| Q2 25 | 68.8% | 75.7% | ||
| Q1 25 | 67.2% | 75.9% | ||
| Q4 24 | 68.5% | 76.3% | ||
| Q3 24 | 63.9% | 77.8% | ||
| Q2 24 | 65.6% | 78.2% | ||
| Q1 24 | 65.6% | 76.2% |
| Q4 25 | -6.1% | -182.2% | ||
| Q3 25 | -7.5% | -3.9% | ||
| Q2 25 | -27.5% | -138.7% | ||
| Q1 25 | -41.0% | -4.7% | ||
| Q4 24 | -41.9% | -1.5% | ||
| Q3 24 | -32.7% | -0.9% | ||
| Q2 24 | -21.2% | -4.6% | ||
| Q1 24 | -23.8% | -3.1% |
| Q4 25 | — | -178.3% | ||
| Q3 25 | -20.7% | -8.3% | ||
| Q2 25 | -32.3% | -135.2% | ||
| Q1 25 | -50.1% | -10.3% | ||
| Q4 24 | — | -5.3% | ||
| Q3 24 | -41.5% | 4.1% | ||
| Q2 24 | -38.9% | -5.4% | ||
| Q1 24 | -43.6% | -6.5% |
| Q4 25 | $-0.07 | $-1.68 | ||
| Q3 25 | $-0.38 | $-0.08 | ||
| Q2 25 | $-0.57 | $-1.15 | ||
| Q1 25 | $-0.70 | $-0.09 | ||
| Q4 24 | $-1.21 | $-0.04 | ||
| Q3 24 | $-0.59 | $0.03 | ||
| Q2 24 | $-0.62 | $-0.04 | ||
| Q1 24 | $-0.58 | $-0.06 |
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 | $115.7M |
| Total DebtLower is stronger | — | $280.1M |
| Stockholders' EquityBook value | $23.5M | $484.4M |
| Total Assets | $357.2M | $1.2B |
| Debt / EquityLower = less leverage | — | 0.58× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | $115.7M | ||
| Q3 25 | $70.6M | $95.7M | ||
| Q2 25 | $54.6M | $162.6M | ||
| Q1 25 | $69.2M | $165.5M | ||
| Q4 24 | $90.3M | $189.5M | ||
| Q3 24 | — | $168.7M | ||
| Q2 24 | — | $147.1M | ||
| Q1 24 | — | $128.3M |
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | $0 | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
| Q4 25 | $23.5M | $484.4M | ||
| Q3 25 | $16.4M | $616.9M | ||
| Q2 25 | $22.8M | $633.7M | ||
| Q1 25 | $38.5M | $755.7M | ||
| Q4 24 | $53.1M | $761.3M | ||
| Q3 24 | $32.7M | $754.7M | ||
| Q2 24 | $45.0M | $815.4M | ||
| Q1 24 | $56.9M | $813.8M |
| Q4 25 | $357.2M | $1.2B | ||
| Q3 25 | $338.9M | $1.3B | ||
| Q2 25 | $329.7M | $1.4B | ||
| Q1 25 | $333.4M | $1.5B | ||
| Q4 24 | $346.8M | $1.6B | ||
| Q3 24 | $282.7M | $1.6B | ||
| Q2 24 | $285.1M | $1.5B | ||
| Q1 24 | $301.8M | $1.5B |
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | 0.00× | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $23.3M |
| Free Cash FlowOCF − Capex | $-2.0M | $23.2M |
| FCF MarginFCF / Revenue | -3.1% | 29.6% |
| Capex IntensityCapex / Revenue | 2.8% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-56.9M | $90.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-162.0K | $23.3M | ||
| Q3 25 | $-11.3M | $32.2M | ||
| Q2 25 | $-18.8M | $33.1M | ||
| Q1 25 | $-20.7M | $2.5M | ||
| Q4 24 | $-20.7M | $34.3M | ||
| Q3 24 | $-12.5M | $60.1M | ||
| Q2 24 | $-14.2M | $31.0M | ||
| Q1 24 | $-11.2M | $24.8M |
| Q4 25 | $-2.0M | $23.2M | ||
| Q3 25 | $-13.1M | $32.1M | ||
| Q2 25 | $-20.4M | $33.0M | ||
| Q1 25 | $-21.5M | $2.4M | ||
| Q4 24 | $-21.3M | $34.0M | ||
| Q3 24 | $-13.9M | $59.8M | ||
| Q2 24 | $-15.0M | $30.5M | ||
| Q1 24 | $-14.5M | $24.7M |
| Q4 25 | -3.1% | 29.6% | ||
| Q3 25 | -24.4% | 41.3% | ||
| Q2 25 | -39.7% | 43.6% | ||
| Q1 25 | -51.9% | 3.0% | ||
| Q4 24 | -47.8% | 43.5% | ||
| Q3 24 | -34.6% | 75.6% | ||
| Q2 24 | -33.9% | 40.7% | ||
| Q1 24 | -38.9% | 30.6% |
| Q4 25 | 2.8% | 0.1% | ||
| Q3 25 | 3.4% | 0.2% | ||
| Q2 25 | 3.2% | 0.1% | ||
| Q1 25 | 1.8% | 0.2% | ||
| Q4 24 | 1.2% | 0.3% | ||
| Q3 24 | 3.7% | 0.3% | ||
| Q2 24 | 1.8% | 0.6% | ||
| Q1 24 | 8.9% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.52× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESTA
Segment breakdown not available.
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
