Harvard Bioscience Inc
NASDAQ:HBIO
Income Statement
Earnings Waterfall
Harvard Bioscience Inc
Revenue
|
112.3m
USD
|
Cost of Revenue
|
-45.9m
USD
|
Gross Profit
|
66.4m
USD
|
Operating Expenses
|
-64.1m
USD
|
Operating Income
|
2.3m
USD
|
Other Expenses
|
-5.7m
USD
|
Net Income
|
-3.4m
USD
|
Income Statement
Harvard Bioscience Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
105
N/A
|
105
0%
|
106
+1%
|
106
+0%
|
109
+2%
|
109
0%
|
110
+2%
|
111
+0%
|
109
-2%
|
110
+1%
|
107
-2%
|
106
-1%
|
105
-2%
|
96
-8%
|
88
-8%
|
82
-7%
|
77
-6%
|
86
+11%
|
99
+15%
|
109
+10%
|
121
+11%
|
122
+1%
|
120
-2%
|
119
-1%
|
116
-2%
|
112
-4%
|
105
-6%
|
102
-3%
|
102
+0%
|
105
+3%
|
111
+6%
|
117
+5%
|
119
+2%
|
121
+2%
|
121
+0%
|
118
-2%
|
113
-4%
|
115
+1%
|
114
0%
|
113
-1%
|
112
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(58)
|
(58)
|
(58)
|
(59)
|
(59)
|
(59)
|
(61)
|
(61)
|
(60)
|
(60)
|
(58)
|
(57)
|
(56)
|
(51)
|
(46)
|
(42)
|
(38)
|
(42)
|
(46)
|
(49)
|
(54)
|
(54)
|
(54)
|
(53)
|
(52)
|
(51)
|
(46)
|
(45)
|
(44)
|
(45)
|
(48)
|
(51)
|
(51)
|
(52)
|
(52)
|
(53)
|
(51)
|
(52)
|
(51)
|
(47)
|
(46)
|
|
Gross Profit |
48
N/A
|
47
-1%
|
47
+0%
|
48
+0%
|
49
+4%
|
49
0%
|
49
+1%
|
50
+1%
|
49
-2%
|
50
+3%
|
49
-2%
|
49
0%
|
48
-2%
|
45
-7%
|
42
-6%
|
40
-5%
|
39
-3%
|
44
+13%
|
53
+19%
|
59
+12%
|
67
+13%
|
68
+2%
|
67
-2%
|
66
-1%
|
65
-2%
|
61
-5%
|
59
-3%
|
58
-3%
|
58
+1%
|
61
+4%
|
63
+4%
|
66
+4%
|
68
+3%
|
68
+1%
|
69
+0%
|
65
-6%
|
62
-3%
|
63
+1%
|
63
+0%
|
66
+4%
|
66
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(40)
|
(39)
|
(38)
|
(37)
|
(43)
|
(45)
|
(47)
|
(49)
|
(50)
|
(50)
|
(50)
|
(50)
|
(50)
|
(48)
|
(45)
|
(42)
|
(40)
|
(44)
|
(51)
|
(56)
|
(62)
|
(67)
|
(63)
|
(63)
|
(62)
|
(64)
|
(60)
|
(58)
|
(58)
|
(57)
|
(59)
|
(61)
|
(64)
|
(67)
|
(69)
|
(70)
|
(67)
|
(67)
|
(65)
|
(64)
|
(64)
|
|
Selling, General & Administrative |
(36)
|
(35)
|
(34)
|
(33)
|
(35)
|
(36)
|
(38)
|
(40)
|
(40)
|
(41)
|
(42)
|
(41)
|
(41)
|
(39)
|
(36)
|
(34)
|
(33)
|
(35)
|
(39)
|
(42)
|
(46)
|
(47)
|
(46)
|
(47)
|
(45)
|
(46)
|
(45)
|
(43)
|
(43)
|
(42)
|
(44)
|
(45)
|
(48)
|
(50)
|
(51)
|
(51)
|
(49)
|
(49)
|
(48)
|
(47)
|
(47)
|
|
Research & Development |
(1)
|
(1)
|
(2)
|
(2)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(12)
|
|
Depreciation & Amortization |
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
8
N/A
|
8
+2%
|
9
+14%
|
10
+11%
|
7
-35%
|
4
-37%
|
3
-40%
|
1
-75%
|
(1)
N/A
|
(0)
+94%
|
(1)
-1 980%
|
(1)
+24%
|
(1)
-39%
|
(3)
-184%
|
(3)
+18%
|
(2)
+16%
|
(1)
+72%
|
(0)
+90%
|
2
N/A
|
3
+68%
|
5
+41%
|
1
-69%
|
4
+166%
|
2
-38%
|
3
+15%
|
(3)
N/A
|
(1)
+56%
|
(1)
+56%
|
0
N/A
|
4
+1 805%
|
4
+4%
|
4
+11%
|
3
-23%
|
2
-56%
|
(0)
N/A
|
(5)
-4 900%
|
(5)
+6%
|
(4)
+17%
|
(2)
+43%
|
1
N/A
|
2
+97%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(5)
|
(4)
|
(4)
|
|
Non-Reccuring Items |
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
0
|
0
|
0
|
0
|
(4)
|
(6)
|
(7)
|
(7)
|
0
|
(2)
|
(2)
|
(2)
|
0
|
(1)
|
(0)
|
(2)
|
(2)
|
(3)
|
(3)
|
(1)
|
(6)
|
(0)
|
0
|
(2)
|
5
|
1
|
0
|
(0)
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
1
|
0
|
1
|
(0)
|
|
Pre-Tax Income |
5
N/A
|
5
-4%
|
6
+18%
|
6
+16%
|
4
-32%
|
2
-63%
|
(0)
N/A
|
(2)
-3 433%
|
(4)
-70%
|
(2)
+36%
|
(3)
-15%
|
(2)
+8%
|
(3)
-29%
|
(3)
-9%
|
(3)
+1%
|
(3)
+7%
|
(3)
+17%
|
(7)
-174%
|
(8)
-16%
|
(9)
-3%
|
(8)
+6%
|
(5)
+44%
|
(4)
+16%
|
(6)
-47%
|
(6)
+1%
|
(8)
-48%
|
(8)
+3%
|
(7)
+16%
|
(7)
-10%
|
(4)
+52%
|
(3)
+7%
|
(2)
+45%
|
(0)
+94%
|
(6)
-6 370%
|
(2)
+63%
|
(7)
-196%
|
(9)
-28%
|
(1)
+90%
|
(6)
-581%
|
(2)
+64%
|
(3)
-9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
0
|
(15)
|
(16)
|
(17)
|
(18)
|
(1)
|
(1)
|
(1)
|
(0)
|
4
|
3
|
3
|
4
|
4
|
4
|
4
|
4
|
1
|
1
|
(0)
|
0
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
0
|
(0)
|
(1)
|
1
|
(1)
|
(1)
|
|
Income from Continuing Operations |
3
|
3
|
4
|
4
|
2
|
0
|
(0)
|
(2)
|
(19)
|
(18)
|
(19)
|
(20)
|
(4)
|
(4)
|
(4)
|
(3)
|
1
|
(4)
|
(5)
|
(4)
|
(4)
|
(1)
|
0
|
(2)
|
(5)
|
(7)
|
(8)
|
(7)
|
(8)
|
(4)
|
(3)
|
(2)
|
(0)
|
(7)
|
(4)
|
(7)
|
(10)
|
(2)
|
(5)
|
(3)
|
(3)
|
|
Net Income (Common) |
(2)
N/A
|
(1)
+34%
|
0
N/A
|
2
N/A
|
2
+49%
|
0
-90%
|
(0)
N/A
|
(2)
-336%
|
(19)
-890%
|
(18)
+4%
|
(19)
-6%
|
(20)
-4%
|
(4)
+79%
|
(5)
-10%
|
(4)
+7%
|
(3)
+28%
|
(1)
+72%
|
(4)
-329%
|
(5)
-28%
|
(5)
+3%
|
(3)
+39%
|
(1)
+58%
|
(0)
+98%
|
(2)
-11 800%
|
(5)
-97%
|
(7)
-46%
|
(8)
-19%
|
(7)
+19%
|
(8)
-17%
|
(4)
+49%
|
(3)
+29%
|
(2)
+33%
|
(0)
+84%
|
(7)
-2 067%
|
(4)
+44%
|
(7)
-89%
|
(10)
-38%
|
(2)
+79%
|
(5)
-169%
|
(3)
+40%
|
(3)
-4%
|
|
EPS (Diluted) |
-0.05
N/A
|
-0.03
+40%
|
0
N/A
|
0.04
N/A
|
0.07
+75%
|
0.01
-86%
|
-0.01
N/A
|
-0.05
-400%
|
-0.57
-1 040%
|
-0.53
+7%
|
-0.56
-6%
|
-0.59
-5%
|
-0.13
+78%
|
-0.13
N/A
|
-0.13
N/A
|
-0.1
+23%
|
-0.02
+80%
|
-0.11
-450%
|
-0.13
-18%
|
-0.12
+8%
|
-0.07
+42%
|
-0.02
+71%
|
0.01
N/A
|
-0.05
N/A
|
-0.12
-140%
|
-0.19
-58%
|
-0.22
-16%
|
-0.18
+18%
|
-0.2
-11%
|
-0.11
+45%
|
-0.08
+27%
|
-0.05
+38%
|
-0.01
+80%
|
-0.16
-1 500%
|
-0.09
+44%
|
-0.17
-89%
|
-0.23
-35%
|
-0.05
+78%
|
-0.13
-160%
|
-0.08
+38%
|
-0.08
N/A
|