Filing Flows › Harvard Bioscience (HBIO) › Q1 2026 › vs Q4 2025
Harvard Bioscience (HBIO) Q1 2026 vs Q4 2025 (quarter over quarter)
Harvard Bioscience's revenue fell $3.0M (-13%) from $23.7M in Q4 2025 to $20.8M in Q1 2026. The biggest changes: Instruments, Equipment, Software, and Accessories −$3.1M (-14%); Service, Maintenance, and Warranty Contracts +$89K (+4%).
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 Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Instruments, Equipment, Software, and Accessories | $18.6M | $21.6M | −$3.1M | -14% |
| Service, Maintenance, and Warranty Contracts | $2.2M | $2.1M | $89K | +4% |
| Revenue | $20.8M | $23.7M | −$3.0M | -13% |
| Net loss | $3.4M | $2.8M | $577K | +20% |
| Costs & expenses | $24.2M | $26.9M | −$2.8M | -10% |
| Operating costs | $21.9M | $22.0M | −$96K | -0.4% |
| Interest & other, net | $2.1M | $4.9M | −$2.8M | -57% |
| Income tax | $117K | −$357K | $474K | — |
| Cost of revenue | $8.5M | $9.6M | −$1.1M | -11% |
| Research & development | $2.3M | $2.2M | $143K | +7% |
| Sales & marketing | $5.3M | $5.1M | $242K | +5% |
| General & admin | $4.7M | $4.1M | $583K | +14% |
| Other operating costs | $1.1M | $1.1M | −$12K | -1% |
| Operating cash sources | $3.4M | $2.8M | $577K | +20% |
| Depreciation & amortization | $1.3M | $1.3M | −$43K | -3% |
| Share-based compensation | $257K | $459K | −$202K | -44% |
| Working capital & other | $1.2M | $986K | $256K | +26% |
| Cash used in operations | $662K | $96K | $566K | +590% |
| Net loss absorbed | $3.4M | $2.8M | $577K | +20% |
Questions
How much did Harvard Bioscience's revenue grow quarter over quarter in Q1 2026?
Harvard Bioscience's revenue fell $3.0M (-13%) from $23.7M in Q4 2025 to $20.8M in Q1 2026.
What drove Harvard Bioscience's revenue change in Q1 2026?
Instruments, Equipment, Software, and Accessories −$3.1M (-14%); Service, Maintenance, and Warranty Contracts +$89K (+4%).