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Harvard Bioscience vs 908 Devices: HBIO and MASS compared
Harvard Bioscience is the larger company: $22.7M of revenue in its latest quarter (Q2 2026) against $16.1M for 908 Devices (Q2 2026). 908 Devices is growing faster (+23% against +11% a year earlier). Harvard Bioscience is more profitable, with an operating margin of -4.3% against -79.7%.
Where the money goes: HBIO and MASS
Harvard Bioscience (HBIO) · Q2 2026
Harvard Bioscience, Q2 2026: revenue $22.7M (+11% year over year), operating margin -4.3%, net loss $2.9M, operating cash flow $325K. The chart follows the revenue to costs, profit and cash.
908 Devices (MASS) · Q2 2026
908 Devices, Q2 2026: revenue $16.1M (+23% year over year), operating margin -79.7%, net loss $11.9M, operating cash flow $3.2M. The chart follows the revenue to costs, profit and cash.
| Harvard Bioscience (HBIO) | 908 Devices (MASS) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $22.7M | $16.1M |
| Revenue growth, Y/Y | +11% | +23% |
| Operating margin | -4.3% | -79.7% |
| Net earnings | −$2.9M | −$11.9M |
| Net margin | -12.8% | -74.0% |
| Operating cash flow | $325K | $3.2M |
| Free cash flow | — | $3.0M |
Where the revenue comes from
Harvard Bioscience
- Instruments, Equipment, Software, and Accessories: $20.3M (89%)
- Service, Maintenance, and Warranty Contracts: $2.4M (11%)
908 Devices
- Device sales revenue: $11.0M (69%)
- Recurring revenue: $4.9M (31%)
- Contract revenue: $104K (1%)
Questions
Which is bigger, Harvard Bioscience or 908 Devices?
Harvard Bioscience is the larger company: $22.7M of revenue in its latest quarter (Q2 2026) against $16.1M for 908 Devices (Q2 2026).
Is Harvard Bioscience or 908 Devices growing faster?
908 Devices is growing faster (+23% against +11% a year earlier).
Which is more profitable, Harvard Bioscience or 908 Devices?
Harvard Bioscience is more profitable, with an operating margin of -4.3% against -79.7%.
More: Harvard Bioscience earnings · how Harvard Bioscience makes money · 908 Devices earnings · how 908 Devices makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 11, 2026; 10-Q filed Aug 11, 2026). Fiscal quarters can end on different dates. Not investment advice.