Harvard Bioscience (HBIO) Operating Expenses (2010 - 2026)
Harvard Bioscience (HBIO) reported Operating Expenses of $13.4 million for Q1 2026, down 78.31% year-over-year from $61.9 million in Q1 2025, and up 7.67% on a QoQ basis from $12.5 million in Q4 2025.
Harvard Bioscience (HBIO) has 17 years of Operating Expenses data on file, last reported at $13.4 million in Q1 2026.
- Quarterly Operating Expenses fell 78.31% year-over-year to $13.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $50.1 million (down 52.68% YoY) and the FY2025 annual result came in at $98.5 million, up 61.52% from the prior year.
- Operating Expenses rose to $13.4 million in Q1 2026 per HBIO's latest filing, from $12.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $61.9 million in Q1 2025 and bottomed at $11.8 million in Q3 2025.
- The 5-year median for Operating Expenses is $15.7 million (2023), against an average of $17.9 million.
- The widest annual swing landed in 2025, when Operating Expenses soared 262.75%; it then slumped 78.31% in 2026.
- Tracing HBIO's Operating Expenses over 5 years: stood at $16.3 million in 2022, then fell by 1.52% to $16.0 million in 2023, then retreated by 12.73% to $14.0 million in 2024, then dropped by 10.99% to $12.5 million in 2025, then rose by 7.67% to $13.4 million in 2026.
- Per Business Quant, the three latest HBIO Operating Expenses figures stand at $13.4 million (Q1 2026), $12.5 million (Q4 2025), and $11.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 975.20 Mn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 4.62 Bn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 391.17 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 115.30 Mn |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 1.02 Bn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 434.50 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 594.63 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 867.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 875.37 Mn |
| 10 | Harvard Bioscience | 25.38 Mn | 18.29 Mn | 12.24 Mn | 13.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.42 Mn |
| Dec 31, 2025 | 12.46 Mn |
| Sep 30, 2025 | 11.82 Mn |
| Jun 30, 2025 | 12.35 Mn |
| Mar 31, 2025 | 61.85 Mn |
| Dec 31, 2024 | 14.00 Mn |
| Sep 30, 2024 | 14.64 Mn |
| Jun 30, 2024 | 15.29 Mn |
| Mar 31, 2024 | 17.05 Mn |
| Dec 31, 2023 | 16.04 Mn |
| Sep 30, 2023 | 15.66 Mn |
| Jun 30, 2023 | 15.88 Mn |
| Mar 31, 2023 | 16.60 Mn |
| Dec 31, 2022 | 16.29 Mn |
| Sep 30, 2022 | 15.93 Mn |
| Jun 30, 2022 | 12.64 Mn |
| Mar 31, 2022 | 22.89 Mn |
| Dec 31, 2021 | 17.86 Mn |
| Sep 30, 2021 | 15.76 Mn |
| Jun 30, 2021 | 16.30 Mn |
| Mar 31, 2021 | 15.67 Mn |
| Dec 31, 2020 | 14.95 Mn |
| Sep 30, 2020 | 13.31 Mn |
| Jun 30, 2020 | 13.30 Mn |
| Mar 31, 2020 | 16.26 Mn |
| Dec 31, 2019 | 15.60 Mn |
| Sep 30, 2019 | 16.34 Mn |
| Jun 30, 2019 | 15.73 Mn |
| Mar 31, 2019 | 16.27 Mn |
| Dec 31, 2018 | 17.00 Mn |
| Sep 30, 2018 | 14.93 Mn |
| Jun 30, 2018 | 15.74 Mn |
| Mar 31, 2018 | 14.54 Mn |
| Dec 31, 2017 | 10.65 Mn |
| Sep 30, 2017 | 9.89 Mn |
| Jun 30, 2017 | 9.34 Mn |
| Mar 31, 2017 | 9.93 Mn |
| Dec 31, 2016 | 13.23 Mn |
| Sep 30, 2016 | 12.50 Mn |
| Jun 30, 2016 | 12.52 Mn |
| Mar 31, 2016 | 13.17 Mn |
| Dec 31, 2015 | 12.81 Mn |
| Sep 30, 2015 | 12.50 Mn |
| Jun 30, 2015 | 12.50 Mn |
| Mar 31, 2015 | 12.63 Mn |
| Dec 31, 2014 | 11.74 Mn |
| Sep 30, 2014 | 10.02 Mn |
| Jun 30, 2014 | 10.54 Mn |
| Mar 31, 2014 | 10.43 Mn |
| Dec 31, 2013 | 13.00 Mn |
| Sep 30, 2013 | 10.89 Mn |
| Jun 30, 2013 | 11.34 Mn |
| Mar 31, 2013 | 10.93 Mn |
| Dec 31, 2012 | 11.26 Mn |
| Sep 30, 2012 | 10.81 Mn |
| Jun 30, 2012 | 11.12 Mn |
| Mar 31, 2012 | 11.32 Mn |
| Dec 31, 2011 | 11.84 Mn |
| Sep 30, 2011 | 11.66 Mn |
| Jun 30, 2011 | 10.27 Mn |
| Mar 31, 2011 | 10.42 Mn |
| Dec 31, 2010 | 11.48 Mn |
| Sep 30, 2010 | 10.62 Mn |
| Jun 30, 2010 | 9.68 Mn |