Establishment Labs Holdings (ESTA) Operating Expenses (2017 - 2026)

Establishment Labs Holdings (ESTA) recorded quarterly Operating Expenses of $48.8 million in Q1 2026, down 1.25% quarter-over-quarter from $49.5 million in Q4 2025, and up 9.14% on a YoY basis from $44.8 million in Q1 2025.

Establishment Labs Holdings (ESTA) Operating Expenses (2017 - 2026) Analysis & Trends

Establishment Labs Holdings' Operating Expenses history runs 10 years deep, the most recent figure standing at $48.8 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 9.14% year-over-year to $48.8 million; the TTM figure through Mar 2026 stood at $189.4 million (up 10.73% YoY), while the FY2025 annual figure was $185.3 million, up 16.18% from the prior year.
  • Operating Expenses was $48.8 million for Q1 2026 at Establishment Labs Holdings, down from $49.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $49.5 million in Q4 2025 to a low of $30.5 million in Q1 2022.
  • Historically, Operating Expenses has averaged $41.9 million across 5 years, with a median of $41.7 million in 2025.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 45.05% in 2022, then declined 17.49% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $41.3 million in 2022, then climbed by 3.33% to $42.7 million in 2023, then advanced by 15.13% to $49.2 million in 2024, then increased by 0.61% to $49.5 million in 2025, then slipped by 1.25% to $48.8 million in 2026.
  • The last three Operating Expenses figures came in at $48.8 million (Q1 2026), $49.5 million (Q4 2025), and $41.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 9.82 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 2.87 Bn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 1.46 Bn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 380.30 Mn
10 Establishment Labs Holdings 2.54 Bn 2.47 Bn 42.34 Mn 48.85 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 48.85 Mn
Dec 31, 2025 49.46 Mn
Sep 30, 2025 41.72 Mn
Jun 30, 2025 49.38 Mn
Mar 31, 2025 44.75 Mn
Dec 31, 2024 49.16 Mn
Sep 30, 2024 38.86 Mn
Jun 30, 2024 38.28 Mn
Mar 31, 2024 33.21 Mn
Dec 31, 2023 42.70 Mn
Sep 30, 2023 47.09 Mn
Jun 30, 2023 43.97 Mn
Mar 31, 2023 38.24 Mn
Dec 31, 2022 41.33 Mn
Sep 30, 2022 36.56 Mn
Jun 30, 2022 37.86 Mn
Mar 31, 2022 30.51 Mn
Dec 31, 2021 33.59 Mn
Sep 30, 2021 28.66 Mn
Jun 30, 2021 26.10 Mn