Harvard Bioscience (HBIO) Research & Development (2010 - 2026)
Harvard Bioscience's (HBIO) quarterly Research & Development came in at $5.4 million in Q2 2026, up 18.97% year-over-year from $4.5 million in Q2 2025, and up 1.22% quarter-over-quarter from $5.3 million in Q1 2026.
Analysis
Harvard Bioscience (HBIO) Research & Development (2010 - 2026) Analysis & Trends
Harvard Bioscience (HBIO) has reported Research & Development for 17 consecutive years, with $5.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 18.97% year-over-year to $5.4 million in Q2 2026; TTM through Jun 2026 was $20.4 million, a 0.09% change from a year earlier, with the FY2025 full-year figure at $19.2 million, down 13.49% from the prior year.
- Research & Development was $5.4 million for Q2 2026 at Harvard Bioscience, up from $5.3 million in the prior quarter.
- Over five years, Research & Development peaked at $6.7 million in Q1 2022 and troughed at $4.5 million in Q2 2025.
- A 5-year average of $5.6 million and a median of $5.6 million in 2023 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 24.16% in 2022, down 19.0% in 2022.
- Over 5 years, Research & Development stood at $5.9 million in 2022, then climbed by 3.77% to $6.2 million in 2023, then slipped by 12.59% to $5.4 million in 2024, then retreated by 5.6% to $5.1 million in 2025, then climbed by 6.03% to $5.4 million in 2026.
- The last three Research & Development figures came in at $5.4 million (Q2 2026), $5.3 million (Q1 2026), and $5.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 223.17 Bn | 219.11 Bn | 8.34 Bn | 364.00 Mn |
| 2 | Danaher | 142.61 Bn | 138.26 Bn | 3.61 Bn | 412.00 Mn |
| 3 | Agilent Technologies | 40.36 Bn | 38.60 Bn | 1.04 Bn | 123.00 Mn |
| 4 | Illumina | 30.80 Bn | 29.64 Bn | 770.00 Mn | 252.00 Mn |
| 5 | Revvity | 13.63 Bn | 12.61 Bn | 416.87 Mn | 48.97 Mn |
| 6 | Bio-Techne | 11.27 Bn | 11.00 Bn | 211.39 Mn | 23.95 Mn |
| 7 | Bio-Rad Laboratories | 10.00 Bn | 8.38 Bn | 345.80 Mn | 61.20 Mn |
| 8 | Repligen | 9.18 Bn | 8.16 Bn | 110.04 Mn | 14.42 Mn |
| 9 | 10x Genomics | 8.68 Bn | 8.12 Bn | 112.50 Mn | 56.79 Mn |
| 10 | Harvard Bioscience | 35.61 Mn | 29.11 Mn | 12.63 Mn | 5.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.40 Mn |
| Mar 31, 2026 | 5.34 Mn |
| Dec 31, 2025 | 5.09 Mn |
| Sep 30, 2025 | 4.61 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 | 6.17 Mn |
| Sep 30, 2023 | 5.73 Mn |
| Jun 30, 2023 | 6.18 Mn |
| Mar 31, 2023 | 5.98 Mn |
| Dec 31, 2022 | 5.95 Mn |
| Sep 30, 2022 | 5.82 Mn |
| Jun 30, 2022 | 6.59 Mn |
| Mar 31, 2022 | 6.69 Mn |
| Dec 31, 2021 | 7.34 Mn |
| Sep 30, 2021 | 6.18 Mn |