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% quarter-over-quarter from $2.2 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 $2.3 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $2.3 million, changed 0.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.8 million (down 10.28% YoY), and the FY2025 annual result was $8.8 million, down 15.19% from the prior year.
  • Research & Development grew to $2.3 million in Q1 2026 per HBIO's latest filing, from $2.2 million in the prior quarter.
  • Over five years, Research & Development peaked at $3.5 million in Q2 2022 and troughed at $2.1 million in Q3 2025.
  • A 5-year average of $2.7 million and a median of $2.8 million in 2023 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2024: Research & Development increased 29.47% in 2022, then slipped 26.1% in 2024.
  • A 5-year view of Research & Development shows it stood at $2.8 million in 2022, then gained by 10.57% to $3.2 million in 2023, then fell by 26.1% to $2.3 million in 2024, then decreased by 6.23% to $2.2 million in 2025, then rose by 6.55% to $2.3 million in 2026.
  • Business Quant data shows HBIO's Research & Development at $2.3 million in Q1 2026, $2.2 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 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 361.90 Mn
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 249.00 Mn
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn -
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 94.27 Mn
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 15.80 Mn
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 189.00 Mn
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn 42.50 Mn
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 98.66 Mn
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 139.00 Mn
10 Harvard Bioscience 26.17 Mn 19.07 Mn 12.24 Mn 2.33 Mn

Historic Data

Download Data
DateValue
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