Establishment Labs Holdings (ESTA) Research & Development (2017 - 2026)
Establishment Labs Holdings (ESTA) posted Research & Development of $4.31 million for Q3 2026, down 5.3% from $4.56 million a year earlier and down 15.4% 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 Sep 30, 2026, Research & Development at Establishment Labs Holdings was $20.08 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%).
- The Q3 2026 figure stands as the lowest quarterly Research & Development since Q1 2024.
- On a year-over-year basis, Research & Development increased in three of the last eight quarters, with an average decline of 0.2%.
- 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 $5.1 million (Q2 2026), $5.24 million (Q1 2026) and $5.43 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 348.00 Mn |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 920.00 Mn |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 433.00 Mn |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 408.30 Mn |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 433.00 Mn |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 520.00 Mn |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 281.40 Mn |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | - |
| 10 | Establishment Labs Holdings | 2.11 Bn | 1.82 Bn | 49.71 Mn | 4.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.31 Mn |
| 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 |
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();