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Side-by-side financial comparison of American Express (AXP) and HARVARD BIOSCIENCE INC (HBIO). Click either name above to swap in a different company.

American Express is the larger business by last-quarter revenue ($18.9B vs $23.7M, roughly 796.6× HARVARD BIOSCIENCE INC). American Express runs the higher net margin — 15.7% vs -12.0%, a 27.7% gap on every dollar of revenue. On growth, American Express posted the faster year-over-year revenue change (11.4% vs -3.3%). Over the past eight quarters, American Express's revenue compounded faster (38.8% CAGR vs -1.6%).

American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products an...

Harvard Bioscience is a global developer, manufacturer and marketer of life sciences equipment to support research and drug discovery. It is traded on NASDAQ under the stock symbol HBIO.

AXP vs HBIO — Head-to-Head

Bigger by revenue
AXP
AXP
796.6× larger
AXP
$18.9B
$23.7M
HBIO
Growing faster (revenue YoY)
AXP
AXP
+14.8% gap
AXP
11.4%
-3.3%
HBIO
Higher net margin
AXP
AXP
27.7% more per $
AXP
15.7%
-12.0%
HBIO
Faster 2-yr revenue CAGR
AXP
AXP
Annualised
AXP
38.8%
-1.6%
HBIO

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AXP
AXP
HBIO
HBIO
Revenue
$18.9B
$23.7M
Net Profit
$3.0B
$-2.8M
Gross Margin
59.7%
Operating Margin
7.2%
Net Margin
15.7%
-12.0%
Revenue YoY
11.4%
-3.3%
Net Profit YoY
15.0%
-15916.7%
EPS (diluted)
$4.28
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AXP
AXP
HBIO
HBIO
Q1 26
$18.9B
Q4 25
$10.9B
$23.7M
Q3 25
$10.4B
$20.6M
Q2 25
$10.3B
$20.4M
Q1 25
$9.6B
$21.8M
Q4 24
$10.0B
$24.6M
Q3 24
$9.7B
$22.0M
Q2 24
$9.8B
$23.1M
Net Profit
AXP
AXP
HBIO
HBIO
Q1 26
$3.0B
Q4 25
$2.5B
$-2.8M
Q3 25
$2.9B
$-1.2M
Q2 25
$2.9B
$-2.3M
Q1 25
$2.6B
$-50.3M
Q4 24
$2.2B
$18.0K
Q3 24
$2.5B
$-4.8M
Q2 24
$3.0B
$-2.9M
Gross Margin
AXP
AXP
HBIO
HBIO
Q1 26
Q4 25
59.7%
Q3 25
58.4%
Q2 25
56.4%
Q1 25
56.0%
Q4 24
57.1%
Q3 24
58.1%
Q2 24
57.2%
Operating Margin
AXP
AXP
HBIO
HBIO
Q1 26
Q4 25
28.2%
7.2%
Q3 25
36.7%
1.0%
Q2 25
34.4%
-4.0%
Q1 25
34.6%
-228.1%
Q4 24
27.7%
0.0%
Q3 24
33.0%
-8.5%
Q2 24
38.6%
-9.0%
Net Margin
AXP
AXP
HBIO
HBIO
Q1 26
15.7%
Q4 25
22.5%
-12.0%
Q3 25
27.9%
-6.0%
Q2 25
28.0%
-11.2%
Q1 25
26.8%
-231.2%
Q4 24
21.8%
0.1%
Q3 24
25.8%
-21.9%
Q2 24
30.7%
-12.7%
EPS (diluted)
AXP
AXP
HBIO
HBIO
Q1 26
$4.28
Q4 25
$3.52
$-0.06
Q3 25
$4.14
$-0.03
Q2 25
$4.08
$-0.05
Q1 25
$3.64
$-1.14
Q4 24
$3.04
$0.01
Q3 24
$3.49
$-0.11
Q2 24
$4.15
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AXP
AXP
HBIO
HBIO
Cash + ST InvestmentsLiquidity on hand
$8.6M
Total DebtLower is stronger
$60.4M
$35.9M
Stockholders' EquityBook value
$34.0M
$13.7M
Total Assets
$308.9M
$80.1M
Debt / EquityLower = less leverage
1.78×
2.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXP
AXP
HBIO
HBIO
Q1 26
Q4 25
$742.0M
$8.6M
Q3 25
$1.3B
$6.8M
Q2 25
$197.0M
$7.4M
Q1 25
$261.0M
$5.5M
Q4 24
$221.0M
$4.1M
Q3 24
$120.0M
$4.6M
Q2 24
$188.0M
$4.0M
Total Debt
AXP
AXP
HBIO
HBIO
Q1 26
$60.4M
Q4 25
$56.4B
$35.9M
Q3 25
$57.8B
$34.0M
Q2 25
$58.2B
$34.9M
Q1 25
$51.2B
$36.4M
Q4 24
$49.7B
$37.0M
Q3 24
$53.5B
$34.9M
Q2 24
$51.5B
$35.7M
Stockholders' Equity
AXP
AXP
HBIO
HBIO
Q1 26
$34.0M
Q4 25
$33.5B
$13.7M
Q3 25
$32.4B
$14.1M
Q2 25
$32.3B
$15.7M
Q1 25
$31.2B
$14.8M
Q4 24
$30.3B
$63.3M
Q3 24
$29.7B
$65.3M
Q2 24
$29.5B
$67.2M
Total Assets
AXP
AXP
HBIO
HBIO
Q1 26
$308.9M
Q4 25
$300.1B
$80.1M
Q3 25
$297.6B
$78.0M
Q2 25
$295.6B
$80.1M
Q1 25
$282.2B
$79.8M
Q4 24
$271.5B
$126.6M
Q3 24
$271.0B
$131.2M
Q2 24
$272.2B
$128.9M
Debt / Equity
AXP
AXP
HBIO
HBIO
Q1 26
1.78×
Q4 25
1.68×
2.61×
Q3 25
1.78×
2.41×
Q2 25
1.80×
2.22×
Q1 25
1.64×
2.45×
Q4 24
1.64×
0.58×
Q3 24
1.80×
0.53×
Q2 24
1.74×
0.53×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AXP
AXP
HBIO
HBIO
Operating Cash FlowLast quarter
$-96.0K
Free Cash FlowOCF − Capex
$-545.0K
FCF MarginFCF / Revenue
-2.3%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$5.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXP
AXP
HBIO
HBIO
Q1 26
Q4 25
$3.1B
$-96.0K
Q3 25
$6.2B
$1.1M
Q2 25
$4.4B
$2.8M
Q1 25
$4.8B
$3.0M
Q4 24
$5.8B
$1.7M
Q3 24
$-1.8B
$-842.0K
Q2 24
$4.5B
$-846.0K
Free Cash Flow
AXP
AXP
HBIO
HBIO
Q1 26
Q4 25
$2.3B
$-545.0K
Q3 25
$5.6B
$877.0K
Q2 25
$3.7B
$2.7M
Q1 25
$4.3B
$2.5M
Q4 24
$5.3B
$1.4M
Q3 24
$-2.3B
$-1.7M
Q2 24
$4.0B
$-1.7M
FCF Margin
AXP
AXP
HBIO
HBIO
Q1 26
Q4 25
21.4%
-2.3%
Q3 25
53.6%
4.3%
Q2 25
36.3%
13.0%
Q1 25
45.0%
11.4%
Q4 24
53.1%
5.8%
Q3 24
-23.3%
-7.8%
Q2 24
40.4%
-7.2%
Capex Intensity
AXP
AXP
HBIO
HBIO
Q1 26
Q4 25
6.6%
1.9%
Q3 25
6.3%
1.0%
Q2 25
6.0%
0.4%
Q1 25
4.5%
2.4%
Q4 24
5.0%
1.2%
Q3 24
4.7%
4.0%
Q2 24
5.8%
3.5%
Cash Conversion
AXP
AXP
HBIO
HBIO
Q1 26
Q4 25
1.25×
Q3 25
2.15×
Q2 25
1.51×
Q1 25
1.84×
Q4 24
2.66×
95.83×
Q3 24
-0.72×
Q2 24
1.50×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AXP
AXP

Segment breakdown not available.

HBIO
HBIO

Instruments Equipment Software And Accessories$21.6M91%
Service Maintenance And Warranty Contracts$2.1M9%

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