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% quarter-over-quarter 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.

  • Operating Expenses for Q1 2026 came in at $13.4 million, down 78.31% year-over-year; the trailing twelve-month figure through Mar 2026 was $50.1 million (down 52.68% YoY), and the FY2025 annual result was $98.5 million, up 61.52% from the prior year.
  • Operating Expenses improved to $13.4 million in Q1 2026 per HBIO's latest filing, from $12.5 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $61.9 million in Q1 2025 and troughed at $11.8 million in Q3 2025.
  • A 5-year average of $17.9 million and a median of $15.7 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses surged 262.75% in 2025, then plunged 78.31% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $16.3 million in 2022, then decreased by 1.52% to $16.0 million in 2023, then slipped by 12.73% to $14.0 million in 2024, then fell by 10.99% to $12.5 million in 2025, then advanced by 7.67% to $13.4 million in 2026.
  • Business Quant data shows HBIO's Operating Expenses at $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 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 975.20 Mn
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 4.62 Bn
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 1.42 Bn
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 391.17 Mn
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 115.30 Mn
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 1.02 Bn
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn 718.70 Mn
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 594.63 Mn
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 867.00 Mn
10 Harvard Bioscience 26.17 Mn 19.07 Mn 12.24 Mn 13.42 Mn

Historic Data

Download Data
DateValue
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