Echinoderms are widely used to investigate the relationship between egg size, energy content and larval developmental strategies in marine invertebrates; although there have been few studies on ophiuroids and holothuroids. In this paper, we provide the first detailed biochemical information on egg composition and utilization in the planktotrophic holothuroid, Australostichopus mollis. The egg ultrastructure, protein content (85.1 ng egg−1) and lipid:protein ratio of 0.42 were consistent with those of other planktotrophic echinoderms of similar egg size. However, the lipid content (35.6 ng egg−1) was outside the 95% prediction band for the relationship between egg size and lipid content for echinoderms. Triacylglycerol (TAG) was the main energetic lipid present in the egg, with ca 50% of the TAG being utilized to construct the feeding auricularia; the remaining TAG was estimated to be consumed over 114.8 h (4.8 days) of development. Feeding a microalgal diet during early larval development did not affect the rate of TAG utilization, but increased protein content in the 90-h auricularia. Biochemical information from A. mollis eggs/larvae suggests that TAG might be the ancestral maternally derived energetic lipid in the Echinodermata, but also that there may be different patterns of lipid utilization between different classes.