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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |