Quick Answer
ESTABLISHMENT LABS HOLDINGS INC. reported R&D Expense of $20.25 million for fiscal year 2025.
ESTABLISHMENT LABS HOLDINGS INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $20.25M | +2.7% |
| 2024 | $19.71M | -25.4% |
| 2023 | $26.43M | +30.4% |
| 2022 | $20.27M | +10.7% |
| 2021 | $18.32M | +32.8% |
| 2020 | $13.79M | -8.0% |
| 2019 | $14.99M | +18.2% |
| 2018 | $12.69M | +84.8% |
| 2017 | $6.86M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $4.55M | -5.1% | -12.5% |
| June 30, 2025 | $5.20M | -5.2% | +2.9% |
| March 31, 2025 | $5.05M | +18.3% | +5.3% |
| September 30, 2024 | $4.80M | -32.6% | -12.5% |
| June 30, 2024 | $5.49M | -21.0% | +28.4% |
| March 31, 2024 | $4.27M | -34.6% | -40.1% |
| September 30, 2023 | $7.13M | +34.8% | +2.6% |
| June 30, 2023 | $6.95M | +41.7% | +6.3% |
- ESTABLISHMENT LABS HOLDINGS INC. showed an increase of +2.7% in R&D Expense compared to the prior fiscal year.
- Over the 2017–2025 period, ESTABLISHMENT LABS HOLDINGS INC.’s r&d expense has grown by 195.0% (from $6.86 million to $20.25 million).
- The most recent figure is from ESTABLISHMENT LABS HOLDINGS INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 27, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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