Laboratory Analytical Instruments · SIC 3826

HARVARD BIOSCIENCE INC

HBIO

Watch

Latest revenue

$20.8M

as of 2026-03-31

Latest net income

$-3.4M

as of 2026-03-31

Net margin

-16.5%

as of 2026-03-31

Price · 5Y

-39.8% / yr 53.5 pts / yr vs S&P 500 92.0% total
Compare:

Live market

delayed ≤15 min
$5.59
1.27%
Market cap
$25.2M
Enterprise value
$25.2M
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$7.50
52-wk low
$0.28
Beta
Shares out
4.5M

5-year trend

What this company does

AI

Overview Harvard Bioscience, Inc., a Delaware corporation, is a leading developer, manufacturer and seller of technologies, products and services that enable fundamental advances in life science applications, including research, drug and therapy discovery, bioproduction and preclinical testing for pharmaceutical and therapy development. Our products and services are sold globally to customers ranging from renowned academic institutions and government laboratories to the world’s leading pharmaceutical, biotechnology and contract research organizations (“CROs”). With operations in the United States, Europe and China, we sell through a combination of direct and distribution channels to…

AI summary unavailable — showing raw filing excerpt

Generated from HBIO's filing dated 2026-03-13

Key risks

AI

The following factors should be reviewed carefully, in conjunction with the other information contained in this Annual Report on Form 10-K. As previously discussed, our actual results could differ materially from the information included in our forward-looking statements. Our business faces a variety of risks. These risks include those described below and may include additional risks and uncertainties not presently known to us or that we currently deem immaterial. If any of the events or circumstances described in the following risk factors occur or develop, our business operations, financial performance and financial condition could be materially and adversely affected, and the trading…

AI summary unavailable — showing raw filing excerpt

Generated from HBIO's filing dated 2026-03-13

Profitability

Gross margin

57.7%

0.9%

Operating margin

-56.1%

750.7%

Net margin

-65.5%

397.1%

Return on equity

-412.8%

2331.9%

Return on assets

-70.8%

622.9%

Leverage

Debt / equity

4.83×

558.9%

Long-term debt / equity

2.61×

Debt / assets

82.8%

95.9%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$20.8M-4.7%$-3.4M+93.2%-16.5%

Q4 2025

2025-12-31

$23.7M-3.3%$-2.8M-15916.7%-12.0%

Q3 2025

2025-09-30

$20.6M-6.3%$-1.2M+74.4%-6.0%

Q2 2025

2025-06-30

$20.4M-11.5%$-2.3M+22.0%-11.2%

Q1 2025

2025-03-31

$21.8M-11.2%$-50.3M-972.4%-231.2%

Q4 2024

2024-12-31

$24.6M$18.0K0.1%

Q3 2024

2024-09-30

$22.0M-13.4%$-4.8M-287.6%-21.9%

Q2 2024

2024-06-30

$23.1M-19.7%$-2.9M-717.6%-12.7%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Laboratory Analytical Instruments · SIC 3826

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Insider activity

Insider buying

$202.4K

Insider selling

$0

Net activity

+$202.4K

Distinct insiders

4

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-03-17

Stephen J Denelsky

Director

Purchase10,000$4.87$48.7K
2026-03-17

William Snider

Director

Purchase8,475$4.85$41.1K
2026-03-16

Mark T Frost

Chief Financial Officer

Purchase5,000$5.00$25.0K
2026-03-16

William Snider

Director

Purchase12,525$4.99$62.5K
2026-03-16

John D Duke

Chief Executive Officer

Purchase5,000$5.01$25.1K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns HBIO

Institutional value

$0

Total shares held

30

Distinct holders

1

-63 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1Financial Connections Group, Inc.30$0-270 (-90.0%)Trimmed

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once HBIO's latest filing finishes processing.