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Side-by-side financial comparison of HARVARD BIOSCIENCE INC (HBIO) and Rumble Inc. (RUM). Click either name above to swap in a different company.
Rumble Inc. is the larger business by last-quarter revenue ($27.1M vs $23.7M, roughly 1.1× HARVARD BIOSCIENCE INC). HARVARD BIOSCIENCE INC runs the higher net margin — -12.0% vs -120.8%, a 108.8% gap on every dollar of revenue. On growth, HARVARD BIOSCIENCE INC posted the faster year-over-year revenue change (-3.3% vs -10.5%). HARVARD BIOSCIENCE INC produced more free cash flow last quarter ($-545.0K vs $-31.7M). Over the past eight quarters, Rumble Inc.'s revenue compounded faster (15.2% CAGR vs -1.6%).
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.
Rumble is a Canadian-American online video platform, web hosting, and cloud services business headquartered in Toronto, Canada, with its U.S. headquarters in Longboat Key, Florida. It was founded in 2013 by Chris Pavlovski, a Canadian technology entrepreneur. Rumble's cloud services business hosts Truth Social, and the video platform is popular among American conservative and far-right users. Rumble has been described as "alt-tech".
HBIO vs RUM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $23.7M | $27.1M |
| Net Profit | $-2.8M | $-32.7M |
| Gross Margin | 59.7% | 5.5% |
| Operating Margin | 7.2% | -131.1% |
| Net Margin | -12.0% | -120.8% |
| Revenue YoY | -3.3% | -10.5% |
| Net Profit YoY | -15916.7% | 86.2% |
| EPS (diluted) | $-0.06 | $-0.13 |
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.
| Q4 25 | $23.7M | $27.1M | ||
| Q3 25 | $20.6M | $24.8M | ||
| Q2 25 | $20.4M | — | ||
| Q1 25 | $21.8M | $23.7M | ||
| Q4 24 | $24.6M | $30.2M | ||
| Q3 24 | $22.0M | $25.1M | ||
| Q2 24 | $23.1M | $22.5M | ||
| Q1 24 | $24.5M | $17.7M |
| Q4 25 | $-2.8M | $-32.7M | ||
| Q3 25 | $-1.2M | $-16.3M | ||
| Q2 25 | $-2.3M | — | ||
| Q1 25 | $-50.3M | $-2.7M | ||
| Q4 24 | $18.0K | $-236.8M | ||
| Q3 24 | $-4.8M | $-31.5M | ||
| Q2 24 | $-2.9M | $-26.8M | ||
| Q1 24 | $-4.7M | $-43.3M |
| Q4 25 | 59.7% | 5.5% | ||
| Q3 25 | 58.4% | -1.8% | ||
| Q2 25 | 56.4% | — | ||
| Q1 25 | 56.0% | -26.7% | ||
| Q4 24 | 57.1% | -14.2% | ||
| Q3 24 | 58.1% | -45.4% | ||
| Q2 24 | 57.2% | -58.8% | ||
| Q1 24 | 60.3% | -79.5% |
| Q4 25 | 7.2% | -131.1% | ||
| Q3 25 | 1.0% | -113.6% | ||
| Q2 25 | -4.0% | — | ||
| Q1 25 | -228.1% | -153.5% | ||
| Q4 24 | 0.0% | -80.1% | ||
| Q3 24 | -8.5% | -131.0% | ||
| Q2 24 | -9.0% | -172.7% | ||
| Q1 24 | -9.3% | -197.4% |
| Q4 25 | -12.0% | -120.8% | ||
| Q3 25 | -6.0% | -65.7% | ||
| Q2 25 | -11.2% | — | ||
| Q1 25 | -231.2% | -11.2% | ||
| Q4 24 | 0.1% | -783.2% | ||
| Q3 24 | -21.9% | -125.9% | ||
| Q2 24 | -12.7% | -119.2% | ||
| Q1 24 | -19.1% | -244.1% |
| Q4 25 | $-0.06 | $-0.13 | ||
| Q3 25 | $-0.03 | $-0.06 | ||
| Q2 25 | $-0.05 | — | ||
| Q1 25 | $-1.14 | $-0.01 | ||
| Q4 24 | $0.01 | $-1.17 | ||
| Q3 24 | $-0.11 | $-0.15 | ||
| Q2 24 | $-0.07 | $-0.13 | ||
| Q1 24 | $-0.11 | $-0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $8.6M | $237.9M |
| Total DebtLower is stronger | $35.9M | — |
| Stockholders' EquityBook value | $13.7M | $274.8M |
| Total Assets | $80.1M | $336.8M |
| Debt / EquityLower = less leverage | 2.61× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.6M | $237.9M | ||
| Q3 25 | $6.8M | $269.8M | ||
| Q2 25 | $7.4M | — | ||
| Q1 25 | $5.5M | $301.3M | ||
| Q4 24 | $4.1M | $114.0M | ||
| Q3 24 | $4.6M | $132.0M | ||
| Q2 24 | $4.0M | $154.2M | ||
| Q1 24 | $4.3M | $183.8M |
| Q4 25 | $35.9M | — | ||
| Q3 25 | $34.0M | — | ||
| Q2 25 | $34.9M | — | ||
| Q1 25 | $36.4M | — | ||
| Q4 24 | $37.0M | — | ||
| Q3 24 | $34.9M | — | ||
| Q2 24 | $35.7M | — | ||
| Q1 24 | $35.6M | — |
| Q4 25 | $13.7M | $274.8M | ||
| Q3 25 | $14.1M | $302.2M | ||
| Q2 25 | $15.7M | — | ||
| Q1 25 | $14.8M | $339.6M | ||
| Q4 24 | $63.3M | $-63.1M | ||
| Q3 24 | $65.3M | $166.1M | ||
| Q2 24 | $67.2M | $192.7M | ||
| Q1 24 | $68.8M | $210.7M |
| Q4 25 | $80.1M | $336.8M | ||
| Q3 25 | $78.0M | $367.2M | ||
| Q2 25 | $80.1M | — | ||
| Q1 25 | $79.8M | $391.1M | ||
| Q4 24 | $126.6M | $195.3M | ||
| Q3 24 | $131.2M | $217.2M | ||
| Q2 24 | $128.9M | $243.2M | ||
| Q1 24 | $133.2M | $263.0M |
| Q4 25 | 2.61× | — | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | 2.22× | — | ||
| Q1 25 | 2.45× | — | ||
| Q4 24 | 0.58× | — | ||
| Q3 24 | 0.53× | — | ||
| Q2 24 | 0.53× | — | ||
| Q1 24 | 0.52× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-96.0K | $-29.4M |
| Free Cash FlowOCF − Capex | $-545.0K | $-31.7M |
| FCF MarginFCF / Revenue | -2.3% | -117.2% |
| Capex IntensityCapex / Revenue | 1.9% | 8.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $5.5M | $-70.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-96.0K | $-29.4M | ||
| Q3 25 | $1.1M | $-10.6M | ||
| Q2 25 | $2.8M | — | ||
| Q1 25 | $3.0M | $-14.5M | ||
| Q4 24 | $1.7M | $-12.4M | ||
| Q3 24 | $-842.0K | $-19.1M | ||
| Q2 24 | $-846.0K | $-21.7M | ||
| Q1 24 | $1.4M | $-33.9M |
| Q4 25 | $-545.0K | $-31.7M | ||
| Q3 25 | $877.0K | $-12.0M | ||
| Q2 25 | $2.7M | — | ||
| Q1 25 | $2.5M | $-14.6M | ||
| Q4 24 | $1.4M | $-12.4M | ||
| Q3 24 | $-1.7M | $-19.9M | ||
| Q2 24 | $-1.7M | $-23.1M | ||
| Q1 24 | $758.0K | $-34.3M |
| Q4 25 | -2.3% | -117.2% | ||
| Q3 25 | 4.3% | -48.6% | ||
| Q2 25 | 13.0% | — | ||
| Q1 25 | 11.4% | -61.7% | ||
| Q4 24 | 5.8% | -40.9% | ||
| Q3 24 | -7.8% | -79.5% | ||
| Q2 24 | -7.2% | -102.8% | ||
| Q1 24 | 3.1% | -193.3% |
| Q4 25 | 1.9% | 8.5% | ||
| Q3 25 | 1.0% | 5.7% | ||
| Q2 25 | 0.4% | — | ||
| Q1 25 | 2.4% | 0.6% | ||
| Q4 24 | 1.2% | 0.1% | ||
| Q3 24 | 4.0% | 3.4% | ||
| Q2 24 | 3.5% | 6.1% | ||
| Q1 24 | 2.6% | 2.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 95.83× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HBIO
| Instruments Equipment Software And Accessories | $21.6M | 91% |
| Service Maintenance And Warranty Contracts | $2.1M | 9% |
RUM
| Audience Monetization | $23.8M | 88% |
| Other Initiatives | $3.3M | 12% |
