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How Harvard Bioscience (HBIO) makes money
Harvard Bioscience (HBIO) made $22.7M of revenue in the second quarter 2026 (Q2 2026), +11% from a year earlier. Instruments, Equipment, Software, and Accessories brought in $20.3M (89%); Service, Maintenance, and Warranty Contracts brought in $2.4M (11%).
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Instruments, Equipment, Software, and Accessories | $20.3M | 89.3% | +9% | +12% |
| Service, Maintenance, and Warranty Contracts | $2.4M | 10.7% | +11% | +7% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $22.7M | 100.0% |
| Income tax | $14K | 0.1% |
| Operating cash flow | $325K | 1.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $22.7M | +11% |
| Q1 2026 | $20.8M | -5% |
| Q4 2025 | $23.7M | -3% |
| Q3 2025 | $20.6M | -6% |
| Q2 2025 | $20.4M | -12% |
| Q1 2025 | $21.8M | -11% |
| Q4 2024 | $24.6M | -13% |
From Harvard Bioscience's 10-Q filed Aug 11, 2026 (on EDGAR).
Questions
How does Harvard Bioscience make money?
Harvard Bioscience (HBIO) made $22.7M of revenue in the second quarter 2026 (Q2 2026), +11% from a year earlier. Instruments, Equipment, Software, and Accessories brought in $20.3M (89%); Service, Maintenance, and Warranty Contracts brought in $2.4M (11%).
What is Harvard Bioscience's biggest business?
Instruments, Equipment, Software, and Accessories: $20.3M in the second quarter 2026, 89% of revenue, +12% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.