Establishment Labs Holdings (ESTA) Research & Development (2017 - 2026)
Establishment Labs Holdings (ESTA) posted Research & Development of $5.1 million for Q2 2026, down 2.1% from $5.2 million a year earlier and down 2.8% from the prior quarter.
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Analysis
Establishment Labs Holdings (ESTA) Research & Development (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Establishment Labs Holdings was $20.33 million, up 0.6% year-over-year; for FY2025, it was $20.25 million, up 2.7% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- In prior years, Establishment Labs Holdings' Research & Development was $19.71 million in FY2024 (-25.4%), $26.43 million in FY2023 (+30.4%), $20.27 million in FY2022 (+10.7%) and $18.32 million in FY2021 (+32.8%).
- Quarterly Research & Development has run from a low of $3.6 million in Q1 2022 to a high of $7.13 million in Q3 2023 over five years.
- On a year-over-year basis, Research & Development increased in three of the last eight quarters, with an average decline of 3.6%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q1 2023, with growth of 81.6%; the weakest was Q1 2024, with a decline of 34.6%.
- According to Business Quant data, Research & Development for the three prior quarters was $5.24 million (Q1 2026), $5.43 million (Q4 2025) and $4.56 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 278.90 Mn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 258.00 Mn |
| 10 | Establishment Labs Holdings | 1.90 Bn | 1.61 Bn | 47.71 Mn | 5.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.10 Mn |
| Mar 31, 2026 | 5.24 Mn |
| Dec 31, 2025 | 5.43 Mn |
| Sep 30, 2025 | 4.56 Mn |
| Jun 30, 2025 | 5.20 Mn |
| Mar 31, 2025 | 5.06 Mn |
| Dec 31, 2024 | 5.14 Mn |
| Sep 30, 2024 | 4.80 Mn |
| Jun 30, 2024 | 5.49 Mn |
| Mar 31, 2024 | 4.27 Mn |
| Dec 31, 2023 | 5.82 Mn |
| Sep 30, 2023 | 7.13 Mn |
| Jun 30, 2023 | 6.95 Mn |
| Mar 31, 2023 | 6.53 Mn |
| Dec 31, 2022 | 6.48 Mn |
| Sep 30, 2022 | 5.29 Mn |
| Jun 30, 2022 | 4.90 Mn |
| Mar 31, 2022 | 3.60 Mn |
| Dec 31, 2021 | 6.03 Mn |
| Sep 30, 2021 | 3.88 Mn |
API Access
Establishment Labs Holdings Research & Development 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=research-and-development&ticker=ESTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=ESTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();