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NASDAQ · Medical Instruments & Supplies · USD

Harvard Bioscience, Inc. (HBIO) Stock Analysis

Harvard Bioscience, Inc. (HBIO) is a Medical Instruments & Supplies stock listed on NASDAQ and quoted in US Dollar.

HBIO

$8.02

+$0.02 (+0.25%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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HBIO Key Statistics

As of Sep 4, 2026
Trading
Open
$8.00
Previous Close
$8.00
Day's Range
7.91–8.28
52-Week Range
3.80–9.40
Volume
9.90K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.53
Valuation
Market Cap
$36.51M
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
12.43
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.31
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.42
EPS (ttm)Profit attributable to each share over the last twelve months.
−2.30
Financials (FY)
Revenue (FY)
$86.55M−8.06%
Net Income (FY)
−$56.70M
Profit marginThe share of revenue left as profit after all costs and taxes.
−11.86%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
4.55M
1-Year Return
+70.64%
Dividend and dates
Earnings Date
November 5, 2026estimated
Avg Volume
18.18K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

HBIO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+19.70%
2025−68.25%
2024−60.56%
2023+93.14%
2022−60.71%
2021+64.34%
2020+40.66%
2019−4.09%
2018−3.64%
2017+8.20%
2016 (partial year)+11.31%

As of September 4, 2026.

HBIO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$86.55M−$56.70M−65.5%
2024$94.14M−$12.41M−13.2%
2023$112.25M−$3.42M−3.0%
2022$113.34M−$9.52M−8.4%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$86.55M$49.91M$100.00K−$56.70M−65.5%
2024$94.14M$54.77M−$6.21M−$12.41M−13.2%
2023$112.25M$66.07M$1.89M−$3.42M−3.0%
2022$113.34M$60.82M−$7.17M−$9.52M−8.4%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

HBIO Valuation vs Medical Instruments & Supplies Median

Median of 55 stocks
MetricHBIOMedical Instruments & Supplies medianvs median
P/S ratio0.423.170.1x the median
Profit margin−11.86%0.85%12.7 pts below

Medians across 55 Medical Instruments & Supplies stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Harvard Bioscience, Inc. (HBIO) at $36.51M. The company sits in the Healthcare sector, in the Medical Instruments & Supplies industry. Headcount on file is 316.

The 52-week range on file runs from $3.80 to $9.40. HBIO last closed at $8.02 on September 4, 2026. That is +$0.02 (+0.25%) against the previous close. The latest close sits 111.05% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $86.55M. That is −8.06% against the prior fiscal year, when revenue was $94.14M. The same year closed with a net loss of $56.70M. The reported profit margin is −11.86%. That is 12.7 percentage points below the Medical Instruments & Supplies median of 0.85%. Earnings per share on a trailing basis come to −2.3.

Across the 4 fiscal years on file, revenue moves from $113.34M in 2022 to $86.55M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. On forward earnings the ratio is 12.43. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.31. The price-to-sales ratio is 0.42. On price-to-sales that is 0.1 times the Medical Instruments & Supplies median of 3.17. 55 Medical Instruments & Supplies companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 1.53. Daily returns over the trailing 10 years annualize to a volatility of 80.48%. The trailing one-year price return is +70.64%. Measured over 10 years, that is −11.72% a year compounded.

Growth & Income

The record shows no dividend for HBIO.

2026 is still running; the price is +19.70% year to date. Across the complete calendar years on file, 2023 returned +93.14% and 2025 returned −68.25%. Of the 9 complete calendar years on file, 4 finished higher.

Peer Comparison

Harvard Bioscience, Inc. (HBIO) operates in the Medical Instruments & Supplies industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Harvard Bioscience, Inc. HBIO $36.51M —
Intuitive Surgical, Inc. ISRG $131.38B 42.4
Becton, Dickinson and Company BDX $50.32B 32.0
Medline Inc. MDLN $49.23B 45.7

The Medical Instruments & Supplies industry average P/E ratio is 35.6x. Harvard Bioscience, Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Harvard Bioscience, Inc.

Harvard Bioscience, Inc. develops, manufactures, and sells technologies, products, and services for life science applications in the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers cellular and molecular technology products, such as syringe and peristaltic infusion pump products; electroporation and electrofusion instruments, amino acid analyzers, spectrophotometers, and other equipment for molecular level testing and research; and precision scientific measuring instrumentation and equipment, including data acquisition systems for cellular analysis, complete micro electrode array solutions for in vivo recordings, and in vitro systems for extracellular recordings. It provides preclinical products that includes platform to assess physiological data from organisms for research, drug discovery, and drug development services comprising implantable and externally worn telemetry systems for use in research to collect cardiovascular, central nervous system, respiratory, and metabolic data; behavioral products; isolated organ and surgical products, instruments and accessories for tissue, and organ-based lab research, including surgical products, infusion systems, and behavior research systems; turn-key respiratory system solutions, including plethysmograph chambers, data acquisition hardware, physiological signal analysis software, and final report generation; inhalation and exposure systems; and GLP-capable data acquisition and analysis systems. The company markets its products through websites and distributors to research scientists in pharmaceutical and biotechnology companies, universities, hospitals, and government laboratories; and contract research organizations and academic laboratories. It primarily sells its products under the Harvard Apparatus, Biochrom, BTX, HEKA, KD Scientific, MCS, Warner, DSI, Panlab, Hugo Sachs, and Buxco brands. Harvard Bioscience, Inc. was founded in 1901 and is based in Holliston, Massachusetts.

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