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Harvard Apparatus Regenerative Technology (HRGN) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 13, 2026

Harvard Apparatus Regenerative Technology (HRGN) reported revenue of $226K for the first quarter 2026 (Q1 2026), +402% from a year earlier and +3% from the quarter before. Operating margin was -710.6%, net loss $1.6M (708.4% of revenue).

Revenue$226K
Year over year+402%
Quarter over quarter+3%
Operating margin-710.6%
Net earnings−$1.6M

Harvard Apparatus Regenerative Technology, Q1 2026: revenue $226K (+402% year over year), operating margin -710.6%, net loss $1.6M, operating cash flow −$937K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$226K+3%+402%
Operating profit−$1.6M——
Net earnings−$1.6M——
Operating cash flow−$937K——

What changed

Revenue was $226K in Q1 2026, up 402% year over year and up 3% from the previous quarter.

Operating costs exceeded revenue by $1.6M, an operating margin of -710.6%. Total costs grew 7% against revenue growth of 402%. The fastest-growing cost line was Cost of revenue (+524%). The quarter ended with a net loss of $1.6M, narrower than the previous quarter's $1.7M loss.

Operating cash flow was −$937K. Non-cash charges added back $1K of depreciation and $632K of share-based compensation.

Questions

What was Harvard Apparatus Regenerative Technology's revenue in the first quarter 2026?

Harvard Apparatus Regenerative Technology (HRGN) reported revenue of $226K for the first quarter 2026 (Q1 2026), +402% from a year earlier and +3% from the quarter before.

Was Harvard Apparatus Regenerative Technology profitable in the first quarter 2026?

Operating loss was $1.6M (-710.6% of revenue) and net loss $1.6M.

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Source: Harvard Apparatus Regenerative Technology 10-Q on SEC EDGAR.