Harvard Bioscience (HBIO) Research & Development (2010 - 2026)
Harvard Bioscience (HBIO) reported Research & Development of $2.3 million for Q1 2026, little changed year-over-year from $2.3 million in Q1 2025, and up 6.55% on a QoQ basis from $2.2 million in Q4 2025.
Harvard Bioscience (HBIO) has 17 years of Research & Development data on file, last reported at $2.3 million in Q1 2026.
- Quarterly Research & Development changed 0.22% year-over-year to $2.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.8 million (down 10.28% YoY) and the FY2025 annual result came in at $8.8 million, down 15.19% from the prior year.
- Research & Development advanced to $2.3 million in Q1 2026 per HBIO's latest filing, from $2.2 million in the prior quarter.
- Across five years, Research & Development topped out at $3.5 million in Q2 2022 and bottomed at $2.1 million in Q3 2025.
- The 5-year median for Research & Development is $2.8 million (2023), against an average of $2.7 million.
- The widest annual swing landed in 2022, when Research & Development climbed 29.47%; it then retreated 26.1% in 2024.
- Tracing HBIO's Research & Development over 5 years: stood at $2.8 million in 2022, then increased by 10.57% to $3.2 million in 2023, then dropped by 26.1% to $2.3 million in 2024, then fell by 6.23% to $2.2 million in 2025, then grew by 6.55% to $2.3 million in 2026.
- Per Business Quant, the three latest HBIO Research & Development figures stand at $2.3 million (Q1 2026), $2.2 million (Q4 2025), and $2.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 361.90 Mn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 249.00 Mn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 94.27 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 15.80 Mn |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 189.00 Mn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 44.30 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 98.66 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 139.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | - |
| 10 | Harvard Bioscience | 25.38 Mn | 18.29 Mn | 12.24 Mn | 2.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.33 Mn |
| Dec 31, 2025 | 2.18 Mn |
| Sep 30, 2025 | 2.13 Mn |
| Jun 30, 2025 | 2.19 Mn |
| Mar 31, 2025 | 2.32 Mn |
| Dec 31, 2024 | 2.33 Mn |
| Sep 30, 2024 | 2.57 Mn |
| Jun 30, 2024 | 2.63 Mn |
| Mar 31, 2024 | 2.89 Mn |
| Dec 31, 2023 | 3.15 Mn |
| Sep 30, 2023 | 2.76 Mn |
| Jun 30, 2023 | 2.96 Mn |
| Mar 31, 2023 | 2.90 Mn |
| Dec 31, 2022 | 2.85 Mn |
| Sep 30, 2022 | 2.76 Mn |
| Jun 30, 2022 | 3.50 Mn |
| Mar 31, 2022 | 3.22 Mn |
| Dec 31, 2021 | 2.95 Mn |
| Sep 30, 2021 | 2.66 Mn |
| Jun 30, 2021 | 2.70 Mn |
| Mar 31, 2021 | 2.49 Mn |
| Dec 31, 2020 | 2.35 Mn |
| Sep 30, 2020 | 1.95 Mn |
| Jun 30, 2020 | 1.90 Mn |
| Mar 31, 2020 | 2.49 Mn |
| Dec 31, 2019 | 2.65 Mn |
| Sep 30, 2019 | 2.56 Mn |
| Jun 30, 2019 | 2.77 Mn |
| Mar 31, 2019 | 2.74 Mn |
| Dec 31, 2018 | 3.05 Mn |
| Sep 30, 2018 | 2.78 Mn |
| Jun 30, 2018 | 2.76 Mn |
| Mar 31, 2018 | 2.40 Mn |
| Dec 31, 2017 | 1.53 Mn |
| Sep 30, 2017 | 1.54 Mn |
| Jun 30, 2017 | 1.30 Mn |
| Mar 31, 2017 | 1.29 Mn |
| Dec 31, 2016 | 1.16 Mn |
| Sep 30, 2016 | 1.31 Mn |
| Jun 30, 2016 | 1.50 Mn |
| Mar 31, 2016 | 1.43 Mn |
| Dec 31, 2015 | 1.53 Mn |
| Sep 30, 2015 | 1.43 Mn |
| Jun 30, 2015 | 1.71 Mn |
| Mar 31, 2015 | 1.75 Mn |
| Dec 31, 2014 | 1.56 Mn |
| Sep 30, 2014 | 1.06 Mn |
| Jun 30, 2014 | 1.28 Mn |
| Mar 31, 2014 | 973,000.00 |
| Dec 31, 2013 | 1.12 Mn |
| Sep 30, 2013 | 1.10 Mn |
| Jun 30, 2013 | 922,000.00 |
| Mar 31, 2013 | 1.01 Mn |
| Dec 31, 2012 | -1.21 Mn |
| Sep 30, 2012 | 1.86 Mn |
| Jun 30, 2012 | 1.97 Mn |
| Mar 31, 2012 | 1.71 Mn |
| Dec 31, 2011 | -74,000.00 |
| Sep 30, 2011 | 1.55 Mn |
| Jun 30, 2011 | 1.13 Mn |
| Mar 31, 2011 | 1.27 Mn |
| Dec 31, 2010 | 1.12 Mn |
| Sep 30, 2010 | 1.24 Mn |
| Jun 30, 2010 | 1.10 Mn |