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| 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 |