Filing Flows › Establishment Labs Holdings (ESTA) › Q3 2026
Establishment Labs Holdings (ESTA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Establishment Labs Holdings (ESTA) reported revenue of $72.0M for the third quarter 2026 (Q3 2026), +34% from a year earlier and +7% from the quarter before. Operating margin was -3.6%, net loss $10.7M (14.9% of revenue).
Establishment Labs Holdings, Q3 2026: revenue $72.0M (+34% year over year), operating margin -3.6%, net loss $10.7M, operating cash flow $7.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $72.0M | +7% | +34% |
| Operating profit | −$2.6M | — | — |
| Net earnings | −$10.7M | — | — |
| Operating cash flow | $7.7M | — | — |
| Free cash flow | $5.1M | — | — |
What changed
Revenue was $72.0M in Q3 2026, up 34% year over year and up 7% from the previous quarter.
Gross margin was 69.1%, down 1.0 points from Q3 2025. Operating costs exceeded revenue by $2.6M, an operating margin of -3.6%. Operating expenses grew 25% against revenue growth of 34%. The fastest-growing cost line was SG&A (+29%). The quarter ended with a net loss of $10.7M, narrower than the previous quarter's $11.7M loss. Net interest and other expense of $7.5M was the main reason.
Operating cash flow was $7.7M. Non-cash charges added back $2.9M of share-based compensation. Working capital and other items added $15.5M. After cost incurred for intangible assets ($1.7M) and purchases of property and equipment ($885K), free cash flow as the company reports it was $5.1M.
Questions
What was Establishment Labs Holdings' revenue in the third quarter 2026?
Establishment Labs Holdings (ESTA) reported revenue of $72.0M for the third quarter 2026 (Q3 2026), +34% from a year earlier and +7% from the quarter before.
Was Establishment Labs Holdings profitable in the third quarter 2026?
Operating loss was $2.6M (-3.6% of revenue) and net loss $10.7M.