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Harvard Apparatus Regenerative Technology (HRGN) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Harvard Apparatus Regenerative Technology (HRGN) reported revenue of $414K for the second quarter 2026 (Q2 2026), +31% from a year earlier and +83% from the quarter before. Operating margin was -408.7%, net loss $1.7M (409.4% of revenue).

Revenue$414K
Year over year+31%
Quarter over quarter+83%
Operating margin-408.7%
Net earnings−$1.7M

Harvard Apparatus Regenerative Technology, Q2 2026: revenue $414K (+31% year over year), operating margin -408.7%, net loss $1.7M, operating cash flow −$569K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$414K+83%+31%
Operating profit−$1.7M——
Net earnings−$1.7M——
Operating cash flow−$569K——

What changed

Revenue was $414K in Q2 2026, up 31% year over year and up 83% from the previous quarter.

Operating costs exceeded revenue by $1.7M, an operating margin of -408.7%. Total costs fell 2% while revenue rose 31%. The fastest-growing cost line was Research & development (+36%). The quarter ended with a net loss of $1.7M, wider than the previous quarter's $1.6M loss.

Operating cash flow was −$569K. Non-cash charges added back $1K of depreciation and $223K of share-based compensation. Working capital and other items added $902K.

Questions

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

Harvard Apparatus Regenerative Technology (HRGN) reported revenue of $414K for the second quarter 2026 (Q2 2026), +31% from a year earlier and +83% from the quarter before.

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

Operating loss was $1.7M (-408.7% of revenue) and net loss $1.7M.

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