Establishment Labs posts Q3 revenue beat, first positive free cash flow and raises 2026 guidance
+1 new source since this summary was written
Establishment Labs reported third‑quarter 2026 revenue of about $72 million, up roughly 34% year‑over‑year, while GAAP earnings per share were a loss of $0.35. The company generated its first positive free cash flow of $5.1 million and adjusted EBITDA of $6.4 million. It lifted its full‑year 2026 revenue outlook to more than $274 million and said it expects positive adjusted EBITDA for the year.
Why it matters
BTIG lowered its price target to $93 from $103, citing a more conservative timeline for U.S. reconstruction approval, but the raised revenue guidance signals stronger top‑line momentum for investors. The free cash flow breakthrough improves the firm’s liquidity profile.
Key facts
- 1Q3 2026 revenue was $72.0 million, up 33.9% YoY. tradingview.com
- 2GAAP EPS for the quarter was a loss of $0.35 per share. seekingalpha.com
- 3Adjusted EBITDA was $6.4 million. tradingview.com
- 4Free cash flow was $5.1 million, the first positive quarter. tradingview.com
- 5Full‑year 2026 revenue guidance was raised to more than $274 million. tradingview.com
- 6Cash and cash equivalents totaled $75.8 million at September 30. finance.yahoo.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.