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
DateValue
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