908 Devices Inc (MASS) financials
908 Devices revenue and earnings by year
908 Devices's revenue was $56.2 million in the fiscal year to December 31, 2025, up 17.7% from the year before. Net income was $19.5 million, 34.7% of revenue. Since the fiscal year to December 31, 2018, revenue has grown 14.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 8 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 56 | 48 | 50 | 47 | 42 | 27 | 18 | 22 |
| Revenue growth | 17.7% | -4.9% | 7.2% | 11.0% | 56.9% | 49.6% | -18.5% | — |
| Gross profit | 28 | 25 | 25 | 26 | 23 | 15 | 8 | 12 |
| Gross margin | 50.6% | 51.3% | 50.4% | 55.5% | 55.0% | 55.5% | 45.3% | 56.2% |
| Operating income | -26 | -71 | -43 | -35 | -22 | -6 | -12 | -6 |
| Operating margin | -45.7% | -147.9% | -84.9% | -75.5% | -52.3% | -21.6% | -67.6% | -29.2% |
| Net income | 19 | -72 | -36 | -34 | -22 | -13 | -13 | -8 |
| Net margin | 34.7% | -151.2% | -72.5% | -71.6% | -52.5% | -47.7% | -74.4% | -34.2% |
| Diluted EPS | $0.54 | -$2.12 | -$1.13 | -$1.07 | -$0.79 | -$2.35 | — | — |
| Free cash flow | -25 | -31 | -27 | -23 | -30 | 4 | -11 | -10 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open MASS in Markets.
How 908 Devices makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Device Sales | $11.0M | 68.6% |
| Recurring | $4.95M | 30.8% |
| Contract | $104K | 0.6% |
See also: MASS returns
No forecast, no recommendation. This page describes 908 Devices Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.