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Harvard Bioscience Inc (HBIO)

Harvard Bioscience Inc brought in $87.8M of revenue over the twelve months to June 30, 2026, down 1.1% from a year earlier. It posted a net loss of $10.4M. Operating cash flow minus capital spending left $5.5M of free cash flow in fiscal 2025. At June 30, 2026 it held $6.5M in cash against $36.7M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 11, 2026.

Watch HBIO in 60 seconds
Price
$7.96
-0.75% on the day · September 25, 2026
52-week range $3.80 to $9.40
Market cap
$36.2M
Revenue (last 12 months)
$87.8M
-1.1% year on year
Net margin
-11.9%

What Harvard Bioscience Inc does

Harvard Bioscience Inc is registered with the SEC under industry code SIC 3826 (Laboratory Analytical Instruments). Its shares trade on NASDAQ under the ticker HBIO.

Revenue and profit by year

Revenue
FY18: $120.8M $120.8M FY18FY19: $116.2M $116.2M FY19FY20: $102.1M $102.1M FY20FY21: $118.9M $118.9M FY21FY22: $113.3M $113.3M FY22FY23: $112.3M $112.3M FY23FY24: $94.1M $94.1M FY24FY25: $86.6M $86.6M FY25
Net income
FY18: -$2.9M -$2.9M FY18FY19: -$4.7M -$4.7M FY19FY20: -$7.8M -$7.8M FY20FY21: -$288K -$288K FY21FY22: -$9.5M -$9.5M FY22FY23: -$3.4M -$3.4M FY23FY24: -$12.4M -$12.4M FY24FY25: -$56.7M -$56.7M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$86.6M-$48.6M-$56.7M-$1.28$5.5M
2024$94.1M-$6.2M-$12.4M-$0.28-$1.2M
2023$112.3M$1.9M-$3.4M-$0.08$12.2M
2022$113.3M-$6.9M-$9.5M-$0.23-$438K
2021$118.9M$2.1M-$288K-$0.01$67K
2020$102.1M$221K-$7.8M-$0.20$8.2M

Full financial statements: income, balance sheet and cash flow

Next report expected around November 5, 2026.

Estimated from its filing rhythm: 52 weeks after its report of November 6, 2025. Not a date the company has announced. See the report calendar

Where HBIO ranks in Industrials

Revenue$86.6M
#394 of 518 in Industrials · Bottom 24%
Revenue growth-8.1%
#412 of 483 in Industrials · Bottom 15%
Net margin-65.5%
#457 of 485 in Industrials · Bottom 6%
Free cash flow margin6.3%
#207 of 455 in Industrials · Top 45%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Industrials

Latest SEC filings

What Harvard Bioscience Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 22, 2026
  2. August 11, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 11% to $22.7M versus the same quarter last year; diluted EPS -$0.64 versus -$0.52.
  3. August 11, 2026
  4. August 11, 2026
  5. June 10, 2026
  6. June 2, 2026
  7. May 27, 2026
  8. May 14, 2026
  9. May 12, 2026
    Quarterly report 10-Q · period to March 31, 2026Revenue fell 4.7% to $20.8M versus the same quarter last year; diluted EPS -$0.77 versus -$11.42.
  10. May 12, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on June 12, 2026. Insider transactions on SEC

What is HBIO worth? A DCF from its reported cash flow

Insider trades

What the people running Harvard Bioscience Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
June 9, 2026 Eade Katherine A.Director Received as pay 16,556 - - Form 4
June 9, 2026 Benson Seth BenjaminDirector Received as pay 16,556 - - Form 4
June 9, 2026 Gagnon Robert E.Director Received as pay 16,556 - - Form 4
June 9, 2026 Denelsky Stephen JDirector Received as pay 16,556 - - Form 4
June 9, 2026 Snider WilliamDirector Received as pay 16,556 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns HBIO

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
William Snider13D, may seek influence with 3 related filers 15.97% 846,000 March 23, 2026
Weber Capital Management, LLC13G, passive 7.26% 3,200,380 May 8, 2025
Leviticus Partners LP13G, passive 5.2% 235,000 September 22, 2026

Latest filings below 5%: Harvey Partners, LLC 4.96% (May 15, 2025); Punch & Associates Investment Management, Inc. 0.1% (April 7, 2025); 272 Capital LP 3.6% (November 14, 2024).

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

5 insiders reported holding 199,893 shares in total, about $1.6M at the last price.

HolderSharesAs of
Eade Katherine A.Director 58,669 June 9, 2026
Snider WilliamDirector 48,556 June 9, 2026
Denelsky Stephen JDirector 37,556 June 9, 2026
Gagnon Robert E.Director 27,556 June 9, 2026
Benson Seth BenjaminDirector 27,556 June 9, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about HBIO

What does Harvard Bioscience Inc do?

Harvard Bioscience Inc is registered with the SEC under industry code SIC 3826 (Laboratory Analytical Instruments). Its shares trade on NASDAQ under the ticker HBIO.

Is Harvard Bioscience Inc profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $10.4M on revenue of $87.8M.

How much revenue does Harvard Bioscience Inc make?

Over the twelve months to June 30, 2026 Harvard Bioscience Inc reported revenue of $87.8M. That is 1.1% less than a year earlier.

When did Harvard Bioscience Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 11, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the passive stake changed from September 22, 2026.

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Where the numbers come from

Financial figures are the values Harvard Bioscience Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.