Harvard Bioscience (HBIO) reported third-quarter 2026 revenue of $22.2 million, up 8% from $20.6 million a year earlier. The company posted a GAAP net loss of $2.6 million, or $0.58 per basic and diluted share, compared with a $1.2 million loss, or $0.28 per share, in the prior-year quarter.
For the first nine months of 2026, revenue was $65.7 million and GAAP net loss was $9.0 million. Harvard Bioscience reaffirmed full-year revenue-growth guidance of 3% to 5%.
- Third-quarter gross profit was $12.3 million, with gross margin of 55.4%, versus 58.4% a year earlier.
- Third-quarter adjusted EBITDA was $1.8 million, compared with $2.0 million in the prior-year period.
- Fourth-quarter revenue guidance is $23.7 million to $25.5 million.
- Cash and cash equivalents totaled $4.9 million as of September 30, 2026.
- The company said Project Viking remains on track for completion by the end of the first quarter of 2027.
$HBIO Hedge Fund Activity
We have seen 8 institutional investors add shares of $HBIO stock to their portfolio, and 19 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MEROS INVESTMENT MANAGEMENT, LP added 64,470 shares (+54.4%) to their portfolio in Q2 2026, for an estimated $396,490
- MINK BROOK ASSET MANAGEMENT LLC added 33,369 shares (+inf%) to their portfolio in Q2 2026, for an estimated $205,219
- NANO CAP NEW MILLENNIUM GROWTH FUND L P added 25,582 shares (+21.8%) to their portfolio in Q2 2026, for an estimated $157,329
- MILLENNIUM MANAGEMENT LLC removed 13,712 shares (-29.6%) from their portfolio in Q2 2026, for an estimated $84,328
- WEBER CAPITAL MANAGEMENT LLC /ADV removed 11,045 shares (-3.6%) from their portfolio in Q3 2026, for an estimated $87,476
- DIMENSIONAL FUND ADVISORS LP added 10,753 shares (+inf%) to their portfolio in Q3 2026, for an estimated $85,163
- GOLDMAN SACHS GROUP INC added 10,657 shares (+inf%) to their portfolio in Q2 2026, for an estimated $65,540
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
