Establishment Labs Holdings (ESTA) Gross Margin (2017 - 2026)
Establishment Labs Holdings (ESTA) posted Gross Margin of 70.64% for Q2 2026, up 1.88 percentage points from 68.76% a year earlier but down 0.06 percentage points from the prior quarter.
Establishment Labs Holdings (ESTA) Gross Margin (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Establishment Labs Holdings was 70.49%, up 3.25 percentage points year-over-year; for FY2025, it came in at 69.32%, up 3.35 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +7.31 percentage points (FY2020 to FY2025).
- In prior years, Establishment Labs Holdings' Gross Margin was 65.97% in FY2024 (+1.19 pp), 64.78% in FY2023 (-1.15 pp), 65.92% in FY2022 (-1.49 pp) and 67.42% in FY2021 (+5.41 pp).
- Quarterly Gross Margin has run from a low of 62.32% in Q2 2023 to a high of 70.70% in Q1 2026 over five years.
- On a year-over-year basis, Gross Margin has increased in each of the last seven quarters, with an average year-over-year change of +2.23 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2021, with a gain of 14.29 percentage points; the weakest was Q2 2023, with a drop of 4.34 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 70.70% (Q1 2026), 70.46% (Q4 2025) and 70.09% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 70.71% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 77.46% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 46.46% |
| 10 | Establishment Labs Holdings | 1.91 Bn | 1.63 Bn | 47.71 Mn | 70.64% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.64% |
| Mar 31, 2026 | 70.70% |
| Dec 31, 2025 | 70.46% |
| Sep 30, 2025 | 70.09% |
| Jun 30, 2025 | 68.76% |
| Mar 31, 2025 | 67.21% |
| Dec 31, 2024 | 68.50% |
| Sep 30, 2024 | 63.93% |
| Jun 30, 2024 | 65.59% |
| Mar 31, 2024 | 65.60% |
| Dec 31, 2023 | 65.22% |
| Sep 30, 2023 | 67.66% |
| Jun 30, 2023 | 62.32% |
| Mar 31, 2023 | 64.65% |
| Dec 31, 2022 | 64.28% |
| Sep 30, 2022 | 68.09% |
| Jun 30, 2022 | 66.65% |
| Mar 31, 2022 | 64.85% |
| Dec 31, 2021 | 68.60% |
| Sep 30, 2021 | 67.56% |
Establishment Labs Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ESTA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ESTA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ESTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();