Eargo Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Eargo Inc (EAR) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Eargo Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 40M vs 28M combined for tracked competitors (58.5% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-26.1% annualized vs trailing 12 months), vs decelerating (-33.5%) for its tracked peer group.
- Growth: Eargo Inc generated -7.3% revenue growth year over year in Q3 2023, vs -67.7% for its tracked competitors combined.
- Profitability: Its -236.3% net margin compares with -125.3% for the peer group.
- Peer revenue share: Eargo Inc accounted for 61.1% of combined revenue among its tracked peer group, up from 35.3% a year earlier.
- Peer differentiation: Revenue per employee of $0.27M compares with $0.16M for the peer group (1.7x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
EAR Sales vs. its Competitors, Q3 2023
Eargo Inc reported revenue contraction of 7.27 % year on year in Q3 2023, above its competitors' combined revenue change of -67.69 %.
With a net margin of -236.30 %, Eargo Inc reported lower profitability than its competitors (-125.29 %).
Eargo Inc generated 61.06 % of the combined sales of its peer group, up from 35.33 % a year earlier.
Eargo Inc vs. its Competitors, Q3 2023
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Eargo Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Eargo Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Eargo Inc's competitor groups requires a Commercial License.
For context: the Medical Equipment & Supplies industry grew revenue 15.0% year over year, combined, vs -7.3% for Eargo Inc. Eargo Inc's share of combined industry revenue moved from 0.01% to 0.01%, a gain of 0.00 percentage points.
Eargo Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Eargo Inc | No | - | - | No |
| Competitors combined (1) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
EAR Stock Performance relative to its Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | 1847 Holdings Llc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Eargo Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Eargo Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Eargo Inc | 53.34 | 39.69 |
| 1847 Holdings Llc | 4.62 | 28.12 |
| SUBTOTAL | 57.96 | 67.81 |
Sources: Eargo Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Eargo Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Eargo Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| 1847 Holdings Llc | Kyles 93.13 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Eargo Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Eargo Inc | 53 | 273,752 | -746,021 |
| 1847 Holdings Llc | 5 | 157,966 | 186,523 |
| PEERS TOTAL | 5 | 157,966 | 186,523 |
Eargo Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Medical Equipment & Supplies industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (288 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 43.45 % | 53.35 % (avg) | -9.9 pp |
| Operating Margin | -227.82 % | industry median | -208.9 pp |
| EBITDA Margin | -249.76 % | -6.82 % (avg) | -242.9 pp |
| Capital Intensity (Capex / Revenue) | 1.38 % | 5.43 % (avg) | -4.0 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Eargo Inc's Valuation vs Competitive Position
Valuation multiples vs the Medical Equipment & Supplies industry average (288 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 34.6x | - |
| EV / EBITDA | - | 19.7x | - |
| P/B | 0.7x | 4.7x | -4.0x |
| Return on Equity | -150.17 % | industry aggregate | -153.49 % |
| Return on Invested Capital | -59.92 % | -2.32 % (avg) | -57.60 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Eargo Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2020 | 2021 | 2022 |
|---|---|---|---|
| Revenue Growth | - | -167.31 % | - |
| Operating Margin | - | 431.55 % | -300.04 % |
| Return on Invested Capital | - | -70.71 % | -165.53 % |
| P/E | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Eargo Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 1.38 % vs industry average 5.43 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Eargo Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Eargo Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Eargo Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Eargo Inc falls in the Low attractiveness / Low strength cell: Harvest / Divest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Eargo Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Operating margin 208.9 points below the industry median.
- Return on equity 153.5 points below the industry aggregate.
- Latest-quarter revenue run-rate is decelerating (-26.1% annualized vs trailing 12 months).
Opportunities
No rule matched.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-33.5% annualized).
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Eargo Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Eargo Inc | 3.26 | 3.88 | - |
| 1847 Holdings Llc | 0.01 | 0.35 | - |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Eargo Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Eargo Inc | Q3 2023 | -7.3 % | - |
| 1847 Holdings Llc | Q2 2026 | -12.5 % | - |
| PEERS TOTAL | -8.2 % | - |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Eargo Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Eargo Inc | Q3 2023 | -50.1 % | -96.0 % |
| 1847 Holdings Llc | Q2 2026 | -21.2 % | - |
Eargo Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Eargo Inc | - | - | - |
| 1847 Holdings Llc | 98.04% | - | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Eargo Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Eargo Inc | - | 1.34 |
| 1847 Holdings Llc | 1.18 | 0.16 |
| PEERS AVERAGE | - | 0.85 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.