vs

Side-by-side financial comparison of ESTABLISHMENT LABS HOLDINGS INC. (ESTA) and VICOR CORP (VICR). Click either name above to swap in a different company.

VICOR CORP is the larger business by last-quarter revenue ($113.0M vs $64.6M, roughly 1.7× ESTABLISHMENT LABS HOLDINGS INC.). On growth, ESTABLISHMENT LABS HOLDINGS INC. posted the faster year-over-year revenue change (45.2% vs 20.2%). Over the past eight quarters, ESTABLISHMENT LABS HOLDINGS INC.'s revenue compounded faster (31.9% CAGR vs 14.7%).

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.

Vicor Corporation is a manufacturer of power modules headquartered in Andover, Massachusetts.

ESTA vs VICR — Head-to-Head

Bigger by revenue
VICR
VICR
1.7× larger
VICR
$113.0M
$64.6M
ESTA
Growing faster (revenue YoY)
ESTA
ESTA
+24.9% gap
ESTA
45.2%
20.2%
VICR
Faster 2-yr revenue CAGR
ESTA
ESTA
Annualised
ESTA
31.9%
14.7%
VICR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ESTA
ESTA
VICR
VICR
Revenue
$64.6M
$113.0M
Net Profit
$20.7M
Gross Margin
70.5%
Operating Margin
-6.1%
59.7%
Net Margin
18.3%
Revenue YoY
45.2%
20.2%
Net Profit YoY
713.9%
EPS (diluted)
$-0.07
$0.44

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
VICR
VICR
Q1 26
$113.0M
Q4 25
$64.6M
$107.3M
Q3 25
$53.8M
$110.4M
Q2 25
$51.3M
$96.0M
Q1 25
$41.4M
$94.0M
Q4 24
$44.5M
$96.2M
Q3 24
$40.2M
$93.2M
Q2 24
$44.1M
$85.9M
Net Profit
ESTA
ESTA
VICR
VICR
Q1 26
$20.7M
Q4 25
$46.5M
Q3 25
$-11.1M
$28.3M
Q2 25
$-16.6M
$41.2M
Q1 25
$-20.7M
$2.5M
Q4 24
$10.2M
Q3 24
$-16.7M
$11.6M
Q2 24
$-17.2M
$-1.2M
Gross Margin
ESTA
ESTA
VICR
VICR
Q1 26
Q4 25
70.5%
55.4%
Q3 25
70.1%
57.5%
Q2 25
68.8%
95.9%
Q1 25
67.2%
47.2%
Q4 24
68.5%
52.4%
Q3 24
63.9%
49.1%
Q2 24
65.6%
49.8%
Operating Margin
ESTA
ESTA
VICR
VICR
Q1 26
59.7%
Q4 25
-6.1%
14.6%
Q3 25
-7.5%
18.9%
Q2 25
-27.5%
47.3%
Q1 25
-41.0%
-0.2%
Q4 24
-41.9%
9.6%
Q3 24
-32.7%
5.8%
Q2 24
-21.2%
0.2%
Net Margin
ESTA
ESTA
VICR
VICR
Q1 26
18.3%
Q4 25
43.4%
Q3 25
-20.7%
25.6%
Q2 25
-32.3%
42.9%
Q1 25
-50.1%
2.7%
Q4 24
10.7%
Q3 24
-41.5%
12.4%
Q2 24
-38.9%
-1.4%
EPS (diluted)
ESTA
ESTA
VICR
VICR
Q1 26
$0.44
Q4 25
$-0.07
$1.01
Q3 25
$-0.38
$0.63
Q2 25
$-0.57
$0.91
Q1 25
$-0.70
$0.06
Q4 24
$-1.21
$0.24
Q3 24
$-0.59
$0.26
Q2 24
$-0.62
$-0.03

Balance Sheet & Financial Strength

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

Metric
ESTA
ESTA
VICR
VICR
Cash + ST InvestmentsLiquidity on hand
$75.6M
$404.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$23.5M
$754.1M
Total Assets
$357.2M
$804.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESTA
ESTA
VICR
VICR
Q1 26
$404.2M
Q4 25
$75.6M
$402.8M
Q3 25
$70.6M
$362.4M
Q2 25
$54.6M
$338.5M
Q1 25
$69.2M
$296.1M
Q4 24
$90.3M
$277.3M
Q3 24
$267.6M
Q2 24
$251.9M
Total Debt
ESTA
ESTA
VICR
VICR
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Stockholders' Equity
ESTA
ESTA
VICR
VICR
Q1 26
$754.1M
Q4 25
$23.5M
$711.6M
Q3 25
$16.4M
$630.1M
Q2 25
$22.8M
$608.6M
Q1 25
$38.5M
$580.3M
Q4 24
$53.1M
$570.1M
Q3 24
$32.7M
$554.6M
Q2 24
$45.0M
$537.2M
Total Assets
ESTA
ESTA
VICR
VICR
Q1 26
$804.9M
Q4 25
$357.2M
$785.8M
Q3 25
$338.9M
$710.2M
Q2 25
$329.7M
$693.5M
Q1 25
$333.4M
$665.0M
Q4 24
$346.8M
$641.1M
Q3 24
$282.7M
$632.8M
Q2 24
$285.1M
$613.2M
Debt / Equity
ESTA
ESTA
VICR
VICR
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
Q2 24

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESTA
ESTA
VICR
VICR
Q1 26
Q4 25
$-162.0K
$15.7M
Q3 25
$-11.3M
$38.5M
Q2 25
$-18.8M
$65.2M
Q1 25
$-20.7M
$20.1M
Q4 24
$-20.7M
$10.1M
Q3 24
$-12.5M
$22.6M
Q2 24
$-14.2M
$15.6M
Free Cash Flow
ESTA
ESTA
VICR
VICR
Q1 26
Q4 25
$-2.0M
$10.2M
Q3 25
$-13.1M
$34.5M
Q2 25
$-20.4M
$59.0M
Q1 25
$-21.5M
$15.6M
Q4 24
$-21.3M
$8.4M
Q3 24
$-13.9M
$14.1M
Q2 24
$-15.0M
$9.4M
FCF Margin
ESTA
ESTA
VICR
VICR
Q1 26
Q4 25
-3.1%
9.5%
Q3 25
-24.4%
31.2%
Q2 25
-39.7%
61.5%
Q1 25
-51.9%
16.6%
Q4 24
-47.8%
8.7%
Q3 24
-34.6%
15.2%
Q2 24
-33.9%
11.0%
Capex Intensity
ESTA
ESTA
VICR
VICR
Q1 26
Q4 25
2.8%
5.2%
Q3 25
3.4%
3.6%
Q2 25
3.2%
6.5%
Q1 25
1.8%
4.8%
Q4 24
1.2%
1.8%
Q3 24
3.7%
9.1%
Q2 24
1.8%
7.2%
Cash Conversion
ESTA
ESTA
VICR
VICR
Q1 26
Q4 25
0.34×
Q3 25
1.36×
Q2 25
1.58×
Q1 25
7.93×
Q4 24
0.99×
Q3 24
1.95×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESTA
ESTA

Segment breakdown not available.

VICR
VICR

Product revenue$98.0M87%
Royalty revenue$15.0M13%

Related Comparisons