Harvard Bioscience HBIO
NASDAQ HBIO
$7.87 -0.18 (-2.19%)
As of: Sep 10, 2026 · 11:39 AM EDT

Harvard Bioscience (HBIO) Gross Margin (2010 - 2026)

Harvard Bioscience's (HBIO) quarterly Gross Margin came in at 55.57% in Q2 2026, down 82.0% year-over-year from 308.74% in Q2 2025, and down 5.8% quarter-over-quarter from 58.99% in Q1 2026.

Analysis

Harvard Bioscience (HBIO) Gross Margin (2010 - 2026) Analysis & Trends

Harvard Bioscience (HBIO) has reported Gross Margin for 17 consecutive years, with 55.57% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 82.0% year-over-year to 55.57% in Q2 2026; TTM through Jun 2026 was 58.16%, a 126.0% increase from a year earlier, with the FY2025 full-year figure at 57.67%, down 51.0% from the prior year.
  • Gross Margin was 55.57% for Q2 2026 at Harvard Bioscience, down from 58.99% in the prior quarter.
  • Over five years, Gross Margin peaked at 61.2% in Q1 2023 and troughed at 45.21% in Q3 2022.
  • A 5-year average of 57.05% and a median of 57.6% in 2023 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin plunged 977 bps in 2022 and surged 1285 bps in 2023, its largest moves.
  • Over 5 years, Gross Margin stood at 55.7% in 2022, then rose by 4 bps to 57.99% in 2023, then slipped by 2 bps to 57.06% in 2024, then grew by 5 bps to 59.71% in 2025, then declined by 7 bps to 55.57% in 2026.
  • The last three Gross Margin figures came in at 55.57% (Q2 2026), 58.99% (Q1 2026), and 59.71% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Thermo Fisher Scientific 224.11 Bn 220.05 Bn 8.34 Bn 69.57%
2 Danaher 142.43 Bn 138.08 Bn 3.61 Bn 57.64%
3 Agilent Technologies 40.29 Bn 38.54 Bn 1.04 Bn 55.48%
4 Illumina 30.65 Bn 29.49 Bn 770.00 Mn 66.44%
5 Revvity 13.60 Bn 12.58 Bn 416.87 Mn 57.13%
6 Bio-Techne 11.27 Bn 11.00 Bn 211.39 Mn 65.82%
7 Bio-Rad Laboratories 9.92 Bn 8.30 Bn 345.80 Mn 53.12%
8 Repligen 9.19 Bn 8.18 Bn 110.04 Mn 53.91%
9 10x Genomics 8.72 Bn 8.17 Bn 112.50 Mn 74.48%
10 Harvard Bioscience 35.61 Mn 29.11 Mn 12.63 Mn 55.57%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 55.57%
Mar 31, 2026 58.99%
Dec 31, 2025 59.71%
Sep 30, 2025 58.38%
Jun 30, 2025 56.40%
Mar 31, 2025 55.96%
Dec 31, 2024 57.06%
Sep 30, 2024 58.10%
Jun 30, 2024 57.23%
Mar 31, 2024 60.26%
Dec 31, 2023 57.99%
Sep 30, 2023 58.06%
Jun 30, 2023 57.97%
Mar 31, 2023 61.20%
Dec 31, 2022 55.70%
Sep 30, 2022 45.21%
Jun 30, 2022 56.96%
Mar 31, 2022 56.21%
Dec 31, 2021 59.17%
Sep 30, 2021 54.98%