vs
Side-by-side financial comparison of ESTABLISHMENT LABS HOLDINGS INC. (ESTA) and Safehold Inc. (SAFE). Click either name above to swap in a different company.
Safehold Inc. is the larger business by last-quarter revenue ($97.9M vs $64.6M, roughly 1.5× ESTABLISHMENT LABS HOLDINGS INC.). On growth, ESTABLISHMENT LABS HOLDINGS INC. posted the faster year-over-year revenue change (45.2% vs 6.5%). Over the past eight quarters, ESTABLISHMENT LABS HOLDINGS INC.'s revenue compounded faster (31.9% CAGR vs 2.5%).
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.
SAFE Investment Company Limited is a Chinese sovereign wealth fund based in Hong Kong.
ESTA vs SAFE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.6M | $97.9M |
| Net Profit | — | $27.9M |
| Gross Margin | 70.5% | 98.6% |
| Operating Margin | -6.1% | 27.4% |
| Net Margin | — | 28.5% |
| Revenue YoY | 45.2% | 6.5% |
| Net Profit YoY | — | 7.1% |
| EPS (diluted) | $-0.07 | $0.38 |
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 | $97.9M | ||
| Q3 25 | $53.8M | $96.2M | ||
| Q2 25 | $51.3M | $93.8M | ||
| Q1 25 | $41.4M | $97.7M | ||
| Q4 24 | $44.5M | $91.9M | ||
| Q3 24 | $40.2M | $90.7M | ||
| Q2 24 | $44.1M | $89.9M | ||
| Q1 24 | $37.2M | $93.2M |
| Q4 25 | — | $27.9M | ||
| Q3 25 | $-11.1M | $29.3M | ||
| Q2 25 | $-16.6M | $27.9M | ||
| Q1 25 | $-20.7M | $29.4M | ||
| Q4 24 | — | $26.0M | ||
| Q3 24 | $-16.7M | $19.3M | ||
| Q2 24 | $-17.2M | $29.7M | ||
| Q1 24 | $-16.2M | $30.7M |
| Q4 25 | 70.5% | 98.6% | ||
| Q3 25 | 70.1% | 98.5% | ||
| Q2 25 | 68.8% | 99.1% | ||
| Q1 25 | 67.2% | 98.8% | ||
| Q4 24 | 68.5% | 98.8% | ||
| Q3 24 | 63.9% | 98.8% | ||
| Q2 24 | 65.6% | 98.8% | ||
| Q1 24 | 65.6% | 98.8% |
| Q4 25 | -6.1% | 27.4% | ||
| Q3 25 | -7.5% | 25.9% | ||
| Q2 25 | -27.5% | 25.5% | ||
| Q1 25 | -41.0% | 25.9% | ||
| Q4 24 | -41.9% | 24.6% | ||
| Q3 24 | -32.7% | 17.5% | ||
| Q2 24 | -21.2% | 26.7% | ||
| Q1 24 | -23.8% | 26.4% |
| Q4 25 | — | 28.5% | ||
| Q3 25 | -20.7% | 30.5% | ||
| Q2 25 | -32.3% | 29.8% | ||
| Q1 25 | -50.1% | 30.1% | ||
| Q4 24 | — | 28.3% | ||
| Q3 24 | -41.5% | 21.3% | ||
| Q2 24 | -38.9% | 33.0% | ||
| Q1 24 | -43.6% | 33.0% |
| Q4 25 | $-0.07 | $0.38 | ||
| Q3 25 | $-0.38 | $0.41 | ||
| Q2 25 | $-0.57 | $0.39 | ||
| Q1 25 | $-0.70 | $0.41 | ||
| Q4 24 | $-1.21 | $0.36 | ||
| Q3 24 | $-0.59 | $0.27 | ||
| Q2 24 | $-0.62 | $0.42 | ||
| Q1 24 | $-0.58 | $0.43 |
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 | $21.7M |
| Total DebtLower is stronger | — | $4.6B |
| Stockholders' EquityBook value | $23.5M | $2.4B |
| Total Assets | $357.2M | $7.2B |
| Debt / EquityLower = less leverage | — | 1.90× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | $21.7M | ||
| Q3 25 | $70.6M | $12.1M | ||
| Q2 25 | $54.6M | $13.9M | ||
| Q1 25 | $69.2M | $17.3M | ||
| Q4 24 | $90.3M | $8.3M | ||
| Q3 24 | — | $15.6M | ||
| Q2 24 | — | $13.4M | ||
| Q1 24 | — | $11.3M |
| Q4 25 | — | $4.6B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | — | $4.4B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | $0 | $4.3B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.2B | ||
| Q1 24 | — | $4.1B |
| Q4 25 | $23.5M | $2.4B | ||
| Q3 25 | $16.4M | $2.4B | ||
| Q2 25 | $22.8M | $2.4B | ||
| Q1 25 | $38.5M | $2.4B | ||
| Q4 24 | $53.1M | $2.3B | ||
| Q3 24 | $32.7M | $2.3B | ||
| Q2 24 | $45.0M | $2.3B | ||
| Q1 24 | $56.9M | $2.3B |
| Q4 25 | $357.2M | $7.2B | ||
| Q3 25 | $338.9M | $7.1B | ||
| Q2 25 | $329.7M | $7.1B | ||
| Q1 25 | $333.4M | $6.9B | ||
| Q4 24 | $346.8M | $6.9B | ||
| Q3 24 | $282.7M | $6.8B | ||
| Q2 24 | $285.1M | $6.8B | ||
| Q1 24 | $301.8M | $6.7B |
| Q4 25 | — | 1.90× | ||
| Q3 25 | — | 1.89× | ||
| Q2 25 | — | 1.87× | ||
| Q1 25 | — | 1.85× | ||
| Q4 24 | 0.00× | 1.84× | ||
| Q3 24 | — | 1.88× | ||
| Q2 24 | — | 1.81× | ||
| Q1 24 | — | 1.81× |
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 | $47.8M |
| Free Cash FlowOCF − Capex | $-2.0M | — |
| FCF MarginFCF / Revenue | -3.1% | — |
| Capex IntensityCapex / Revenue | 2.8% | — |
| Cash ConversionOCF / Net Profit | — | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $-56.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-162.0K | $47.8M | ||
| Q3 25 | $-11.3M | $-1.4M | ||
| Q2 25 | $-18.8M | $28.0M | ||
| Q1 25 | $-20.7M | $8.9M | ||
| Q4 24 | $-20.7M | $37.9M | ||
| Q3 24 | $-12.5M | $8.3M | ||
| Q2 24 | $-14.2M | $24.8M | ||
| Q1 24 | $-11.2M | $-3.1M |
| 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 24 | $-14.5M | — |
| 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 24 | -38.9% | — |
| 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 24 | 8.9% | — |
| Q4 25 | — | 1.72× | ||
| Q3 25 | — | -0.05× | ||
| Q2 25 | — | 1.00× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | — | 0.43× | ||
| Q2 24 | — | 0.83× | ||
| Q1 24 | — | -0.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESTA
Segment breakdown not available.
SAFE
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $60.3M | 62% |
| Other | $33.7M | 34% |
| Stabilized Properties | $3.8M | 4% |
