Harvard Bioscience (HBIO) Gross Margin (2010 - 2026)
Harvard Bioscience's (HBIO) quarterly Gross Margin came in at 58.99% in Q1 2026, up 304.0% year-on-year from 14.6% in Q1 2025, and down 1.2% on a QoQ basis from 59.71% in Q4 2025.
Harvard Bioscience (HBIO) Gross Margin (2010 - 2026) Analysis & Trends
Harvard Bioscience (HBIO) has 17 years of Gross Margin data on file, last reported at 58.99% in Q1 2026.
- On a quarterly basis, Gross Margin rose 304.0% year-over-year to 58.99% in Q1 2026; TTM through Mar 2026 was 58.42%, a 133.0% increase from a year earlier, with the FY2025 full-year figure at 57.67%, down 51.0% from the prior year.
- Gross Margin for Q1 2026 stood at 58.99%, down from 59.71% in the prior quarter.
- Over the last five years, Gross Margin for HBIO reached as high as 61.2% in Q1 2023 and fell as low as 45.21% in Q3 2022.
- Historically, Gross Margin has averaged 57.14% across 5 years, with a median of 57.97% in 2023.
- Across the five-year window, Gross Margin sank 977 bps in 2022 and jumped 1285 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 55.7% in 2022, then grew by 4 bps to 57.99% in 2023, then retreated by 2 bps to 57.06% in 2024, then advanced by 5 bps to 59.71% in 2025, then retreated by 1 bps to 58.99% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 58.99% in Q1 2026, 59.71% in Q4 2025, and 58.38% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | 56.80% |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | 67.78% |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | 45.69% |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | 25.04% |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | 62.25% |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | 37.74% |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | 68.00% |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | 54.66% |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | 70.82% |
| 10 | Harvard Bioscience | 28.05 Mn | 20.96 Mn | 12.24 Mn | 58.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 56.01% |