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
DateValue
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%