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Filing Flows › Harvard Bioscience (HBIO) › Q1 2026 › vs Q1 2025

Harvard Bioscience (HBIO) Q1 2026 vs Q1 2025 (year over year)

Harvard Bioscience's revenue fell $1.0M (-5%) from $21.8M in Q1 2025 to $20.8M in Q1 2026. The biggest changes: Instruments, Equipment, Software, and Accessories −$1.3M (-7%); Service, Maintenance, and Warranty Contracts +$280K (+15%).

Harvard Bioscience, Q1 2026: revenue $20.8M (-5% year over year), operating margin -5.7%, net loss $3.4M, operating cash flow −$662K. The chart draws each line against Q1 2025, the increases inside each band.

Harvard Bioscience: what changed, Q1 2026 vs Q1 2025Harvard Bioscience: what changed, Q1 2026 vs Q1 2025Working capital & other−$49.9MOperating costs−$49.5MCosts & expenses−$48.4MOther operating costs−$48.3MNet loss−$46.9MOperating cash sources−$46.9MNet loss absorbed−$46.9MCash used in operations$3.6MInstruments, Equipment, Softw…−$1.3MCost of revenue−$1.1M

Every line

LineQ1 2026Q1 2025Change%
Instruments, Equipment, Software, and Accessories$18.6M$19.9M−$1.3M-7%
Service, Maintenance, and Warranty Contracts$2.2M$1.9M$280K+15%
Revenue$20.8M$21.8M−$1.0M-5%
Net loss$3.4M$50.3M−$46.9M-93%
Costs & expenses$24.2M$72.6M−$48.4M-67%
Operating costs$21.9M$71.4M−$49.5M-69%
Interest & other, net$2.1M$1.1M$1.0M+89%
Income tax$117K−$454K$571K—
Cost of revenue$8.5M$9.6M−$1.1M-11%
Research & development$2.3M$2.3M$5K+0.2%
Sales & marketing$5.3M$5.0M$364K+7%
General & admin$4.7M$5.2M−$483K-9%
Other operating costs$1.1M$49.4M−$48.3M-98%
Operating cash sources$3.4M$50.3M−$46.9M-93%
Depreciation & amortization$1.3M$1.6M−$348K-22%
Share-based compensation$257K$600K−$343K-57%
Working capital & other$1.2M$51.1M−$49.9M-98%
Cash used in operations$662K−$3.0M$3.6M—
Net loss absorbed$3.4M$50.3M−$46.9M-93%

Questions

How much did Harvard Bioscience's revenue grow year over year in Q1 2026?

Harvard Bioscience's revenue fell $1.0M (-5%) from $21.8M in Q1 2025 to $20.8M in Q1 2026.

What drove Harvard Bioscience's revenue change in Q1 2026?

Instruments, Equipment, Software, and Accessories −$1.3M (-7%); Service, Maintenance, and Warranty Contracts +$280K (+15%).

Q1 2026 results → · Compare in the interactive Sankey →