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Harvard Bioscience vs Standard Biotools

Harvard Bioscience and Standard Biotools are similar in size: $86.5m and $85.3m of revenue in their latest fiscal years. Standard Biotools grew faster (-6.2% against -8.1%). Harvard Bioscience kept more of each dollar of sales as profit: a net margin of -65.5% against -87.8%. Standard Biotools carries less debt relative to equity (0.1% against 291.2%).

Latest fiscal yearHarvard BioscienceHBIO, 2025Standard BiotoolsLAB, 2025
Revenue $86.5m $85.3m
Revenue growth -8.1% -6.2%
Net income −$56.7m −$74.9m
Operating margin -56.1% -129.2%
Net margin -65.5% -87.8%
Return on equity -147.1% -16.7%
Free cash flow $5.5m −$82.6m
Cash $8.6m $121m
Total debt $40.0m $299,000
Debt to equity 291.2% 0.1%
Dividend per share — —
Dividend yield — —
Share buybacks — $0
Employees 339 389
Market value $40.1m $241m
Price vs our value range — —
Moat score 56 (Moderate) 20 (Weak)
Insider trades, 12 months 5 buys, 0 sales 15 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.