Harvard Bioscience (HBIO) Operating Expenses (2010 - 2026)
Harvard Bioscience's (HBIO) quarterly Operating Expenses came in at $13.4 million in Q1 2026, down 78.31% year-on-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) Operating Expenses (2010 - 2026) Analysis & Trends
Harvard Bioscience (HBIO) has 17 years of Operating Expenses data on file, last reported at $13.4 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 78.31% year-over-year to $13.4 million in Q1 2026; TTM through Mar 2026 was $50.1 million, a 52.68% decrease from a year earlier, with the FY2025 full-year figure at $98.5 million, up 61.52% from the prior year.
- Operating Expenses for Q1 2026 stood at $13.4 million, up from $12.5 million in the prior quarter.
- Over the last five years, Operating Expenses for HBIO reached as high as $61.9 million in Q1 2025 and fell as low as $11.8 million in Q3 2025.
- Historically, Operating Expenses has averaged $17.9 million across 5 years, with a median of $15.7 million in 2023.
- Across the five-year window, Operating Expenses soared 262.75% in 2025 and slumped 78.31% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $16.3 million in 2022, then declined by 1.52% to $16.0 million in 2023, then fell by 12.73% to $14.0 million in 2024, then slipped by 10.99% to $12.5 million in 2025, then increased by 7.67% to $13.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $13.4 million in Q1 2026, $12.5 million in Q4 2025, and $11.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | -1.13 Bn |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | 4.62 Bn |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | 1.42 Bn |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | 391.17 Mn |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | 137.30 Mn |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | 718.70 Mn |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | 1.02 Bn |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | 594.63 Mn |
| 10 | Harvard Bioscience | 28.05 Mn | 20.96 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 |