Harvard Bioscience HBIO
NASDAQ HBIO
$7.87 -0.18 (-2.19%)
As of: Sep 10, 2026 · 11:39 AM EDT

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

Historic Data

Download Data
DateValue
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