Harvard Bioscience (HBIO) Research & Development (2010 - 2026)
Harvard Bioscience's (HBIO) quarterly Research & Development came in at $5.3 million in Q1 2026, up 7.32% year-on-year from $5.0 million in Q1 2025, and down 57.57% on a QoQ basis from $12.6 million in Q4 2025.
Harvard Bioscience (HBIO) Research & Development (2010 - 2026) Analysis & Trends
Harvard Bioscience (HBIO) has 17 years of Research & Development data on file, last reported at $5.3 million in Q1 2026.
- On a quarterly basis, Research & Development rose 7.32% year-over-year to $5.3 million in Q1 2026; TTM through Mar 2026 was $24.6 million, a 15.51% increase from a year earlier, with the FY2025 full-year figure at $19.2 million, down 13.49% from the prior year.
- Research & Development for Q1 2026 stood at $5.3 million, down from $12.6 million in the prior quarter.
- Over the last five years, Research & Development for HBIO reached as high as $15.4 million in Q4 2023 and fell as low as $2.1 million in Q3 2025.
- Historically, Research & Development has averaged $5.8 million across 5 years, with a median of $5.4 million in 2024.
- Across the five-year window, Research & Development jumped 168.88% in 2022 and slumped 65.07% in 2024, its largest moves.
- Year by year, Research & Development stood at $5.9 million in 2022, then surged by 159.68% to $15.4 million in 2023, then slumped by 65.07% to $5.4 million in 2024, then soared by 133.07% to $12.6 million in 2025, then slumped by 57.57% to $5.3 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $5.3 million in Q1 2026, $12.6 million in Q4 2025, and $2.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | -245.00 Mn |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | 249.00 Mn |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | - |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | 94.27 Mn |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | 19.70 Mn |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | 42.50 Mn |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | 189.00 Mn |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | 98.66 Mn |
| 10 | Harvard Bioscience | 28.05 Mn | 20.96 Mn | 12.24 Mn | 5.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.34 Mn |
| Dec 31, 2025 | 12.57 Mn |
| Sep 30, 2025 | 2.13 Mn |
| Jun 30, 2025 | 4.54 Mn |
| Mar 31, 2025 | 4.97 Mn |
| Dec 31, 2024 | 5.40 Mn |
| Sep 30, 2024 | 5.52 Mn |
| Jun 30, 2024 | 5.40 Mn |
| Mar 31, 2024 | 5.90 Mn |
| Dec 31, 2023 | 15.45 Mn |
| Sep 30, 2023 | 2.76 Mn |
| Jun 30, 2023 | 2.96 Mn |
| Mar 31, 2023 | 5.98 Mn |
| Dec 31, 2022 | 5.95 Mn |
| Sep 30, 2022 | 2.76 Mn |
| Jun 30, 2022 | 3.50 Mn |
| Mar 31, 2022 | 6.69 Mn |
| Dec 31, 2021 | 16.79 Mn |
| Sep 30, 2021 | 2.66 Mn |
| Jun 30, 2021 | 2.70 Mn |