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Side-by-side financial comparison of ESTABLISHMENT LABS HOLDINGS INC. (ESTA) and Twin Hospitality Group Inc. (TWNP). Click either name above to swap in a different company.
Twin Hospitality Group Inc. is the larger business by last-quarter revenue ($82.3M vs $64.6M, roughly 1.3× ESTABLISHMENT LABS HOLDINGS INC.). ESTABLISHMENT LABS HOLDINGS INC. produced more free cash flow last quarter ($-2.0M vs $-7.4M).
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.
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
ESTA vs TWNP — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.6M | $82.3M |
| Net Profit | — | $-24.5M |
| Gross Margin | 70.5% | — |
| Operating Margin | -6.1% | -16.2% |
| Net Margin | — | -29.7% |
| Revenue YoY | 45.2% | — |
| Net Profit YoY | — | — |
| EPS (diluted) | $-0.07 | $-0.43 |
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 | — | ||
| Q3 25 | $53.8M | $82.3M | ||
| Q2 25 | $51.3M | $87.8M | ||
| Q1 25 | $41.4M | $87.1M | ||
| Q4 24 | $44.5M | — | ||
| Q3 24 | $40.2M | — | ||
| Q2 24 | $44.1M | — | ||
| Q1 24 | $37.2M | — |
| Q4 25 | — | — | ||
| Q3 25 | $-11.1M | $-24.5M | ||
| Q2 25 | $-16.6M | $-20.8M | ||
| Q1 25 | $-20.7M | $-12.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-16.7M | — | ||
| Q2 24 | $-17.2M | — | ||
| Q1 24 | $-16.2M | — |
| 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 24 | 65.6% | — |
| Q4 25 | -6.1% | — | ||
| Q3 25 | -7.5% | -16.2% | ||
| Q2 25 | -27.5% | -13.2% | ||
| Q1 25 | -41.0% | -1.2% | ||
| Q4 24 | -41.9% | — | ||
| Q3 24 | -32.7% | — | ||
| Q2 24 | -21.2% | — | ||
| Q1 24 | -23.8% | — |
| Q4 25 | — | — | ||
| Q3 25 | -20.7% | -29.7% | ||
| Q2 25 | -32.3% | -23.7% | ||
| Q1 25 | -50.1% | -13.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | -41.5% | — | ||
| Q2 24 | -38.9% | — | ||
| Q1 24 | -43.6% | — |
| Q4 25 | $-0.07 | — | ||
| Q3 25 | $-0.38 | $-0.43 | ||
| Q2 25 | $-0.57 | $-0.38 | ||
| Q1 25 | $-0.70 | $-0.26 | ||
| Q4 24 | $-1.21 | — | ||
| Q3 24 | $-0.59 | — | ||
| Q2 24 | $-0.62 | — | ||
| Q1 24 | $-0.58 | — |
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 | — | $402.8M |
| Stockholders' EquityBook value | $23.5M | $-92.1M |
| Total Assets | $357.2M | $516.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| 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 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $402.8M | ||
| Q2 25 | — | $411.3M | ||
| Q1 25 | — | $413.0M | ||
| Q4 24 | $0 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $23.5M | — | ||
| Q3 25 | $16.4M | $-92.1M | ||
| Q2 25 | $22.8M | $-78.6M | ||
| Q1 25 | $38.5M | $-101.9M | ||
| Q4 24 | $53.1M | — | ||
| Q3 24 | $32.7M | — | ||
| Q2 24 | $45.0M | — | ||
| Q1 24 | $56.9M | — |
| Q4 25 | $357.2M | — | ||
| Q3 25 | $338.9M | $516.8M | ||
| Q2 25 | $329.7M | $535.1M | ||
| Q1 25 | $333.4M | $544.2M | ||
| Q4 24 | $346.8M | — | ||
| Q3 24 | $282.7M | — | ||
| Q2 24 | $285.1M | — | ||
| Q1 24 | $301.8M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-5.9M |
| Free Cash FlowOCF − Capex | $-2.0M | $-7.4M |
| FCF MarginFCF / Revenue | -3.1% | -9.0% |
| Capex IntensityCapex / Revenue | 2.8% | 1.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-56.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-162.0K | — | ||
| Q3 25 | $-11.3M | $-5.9M | ||
| Q2 25 | $-18.8M | $-8.8M | ||
| Q1 25 | $-20.7M | $-5.7M | ||
| Q4 24 | $-20.7M | — | ||
| Q3 24 | $-12.5M | — | ||
| Q2 24 | $-14.2M | — | ||
| Q1 24 | $-11.2M | — |
| Q4 25 | $-2.0M | — | ||
| Q3 25 | $-13.1M | $-7.4M | ||
| Q2 25 | $-20.4M | $-10.6M | ||
| Q1 25 | $-21.5M | $-9.7M | ||
| Q4 24 | $-21.3M | — | ||
| Q3 24 | $-13.9M | — | ||
| Q2 24 | $-15.0M | — | ||
| Q1 24 | $-14.5M | — |
| Q4 25 | -3.1% | — | ||
| Q3 25 | -24.4% | -9.0% | ||
| Q2 25 | -39.7% | -12.1% | ||
| Q1 25 | -51.9% | -11.2% | ||
| Q4 24 | -47.8% | — | ||
| Q3 24 | -34.6% | — | ||
| Q2 24 | -33.9% | — | ||
| Q1 24 | -38.9% | — |
| Q4 25 | 2.8% | — | ||
| Q3 25 | 3.4% | 1.9% | ||
| Q2 25 | 3.2% | 2.1% | ||
| Q1 25 | 1.8% | 4.6% | ||
| Q4 24 | 1.2% | — | ||
| Q3 24 | 3.7% | — | ||
| Q2 24 | 1.8% | — | ||
| Q1 24 | 8.9% | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
