Establishment Labs Holdings (ESTA) Gross Margin (2017 - 2026)
Establishment Labs Holdings' (ESTA) quarterly Gross Margin came in at 70.7% in Q1 2026, up 350.0% year-on-year from 15.71% in Q1 2025, and little changed quarter-over-quarter from 70.46% in Q4 2025.
Establishment Labs Holdings (ESTA) Gross Margin (2017 - 2026) Analysis & Trends
Establishment Labs Holdings' Gross Margin history runs 10 years deep, the most recent figure standing at 70.7% for Q1 2026.
- On a quarterly basis, Gross Margin rose 350.0% year-over-year to 70.7% in Q1 2026; TTM through Mar 2026 was 70.06%, a 371.0% increase from a year earlier, with the FY2025 full-year figure at 69.32%, up 335.0% from the prior year.
- Gross Margin steadied at 70.7% in Q1 2026 per ESTA's latest filing, from 70.46% in the prior quarter.
- Across five years, Gross Margin topped out at 70.7% in Q1 2026 and bottomed at 62.32% in Q2 2023.
- The 5-year median for Gross Margin is 66.65% (2022), against an average of 66.74%.
- Across the five-year window, Gross Margin slumped 434 bps in 2023 and soared 616 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 64.28% in 2022, then gained by 1 bps to 65.22% in 2023, then grew by 5 bps to 68.5% in 2024, then grew by 3 bps to 70.46% in 2025, then climbed by 0 bps to 70.7% in 2026.
- Per Business Quant, the three latest ESTA Gross Margin figures stand at 70.7% (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 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 78.01% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 62.95% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 45.22% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 38.53% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Establishment Labs Holdings | 2.73 Bn | 2.66 Bn | 42.34 Mn | 70.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 67.10% |