MASS
908 Devices Inc
NASDAQ: MASS · HEALTHCARE · MEDICAL DEVICES
$6.83
+5.08% today
Updated 2026-04-30
Market cap
$251.94M
P/E ratio
—
P/S ratio
4.48x
EPS (TTM)
$-0.93
Dividend yield
—
52W range
$4 – $9
Volume
0.3M
908 Devices Inc (MASS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22.05M | $17.97M | $26.89M | $42.21M | $46.85M | $50.23M | $59.63M | $56.20M |
| Revenue growth (YoY) | — | -18.5% | +49.6% | +56.9% | +11.0% | +7.2% | +18.7% | -5.8% |
| Cost of revenue | $9.66M | $9.83M | $11.97M | $18.97M | $20.83M | $24.91M | $29.71M | $27.77M |
| Gross profit | $12.39M | $8.14M | $14.92M | $23.23M | $26.02M | $25.32M | $29.93M | $28.42M |
| Gross margin | 56.2% | 45.3% | 55.5% | 55.0% | 55.5% | 50.4% | 50.2% | 50.6% |
| R&D | $9.53M | $8.99M | $8.23M | $13.07M | $17.53M | $21.90M | $25.50M | $15.57M |
| SG&A | $9.30M | $11.29M | $12.50M | $32.23M | $43.88M | $46.23M | $53.64M | $38.53M |
| Operating income | $-6.44M | $-12.14M | $-5.82M | $-22.07M | $-35.38M | $-42.76M | $-76.72M | $-39.42M |
| Operating margin | -29.2% | -67.6% | -21.6% | -52.3% | -75.5% | -85.1% | -128.7% | -70.1% |
| EBITDA | $-5.49M | $-11.24M | $-4.98M | $-20.76M | $-33.77M | $-40.27M | $-43.88M | $-21.50M |
| EBITDA margin | -24.9% | -62.6% | -18.5% | -49.2% | -72.1% | -80.2% | -73.6% | -38.3% |
| EBIT | $-6.39M | $-12.14M | $-5.82M | $-21.68M | $-35.38M | $-42.65M | $-48.56M | $-25.68M |
| Interest expense | $1.15M | $1.53M | $976000.00 | $486000.00 | $129000.00 | $201000.00 | $0.00 | — |
| Income tax | $50000.00 | $1.83M | $-5.88M | $-53000.00 | $-1.82M | $-211000.00 | $-282000.00 | — |
| Effective tax rate | -0.7% | -15.9% | 31.5% | 0.2% | 5.4% | 0.6% | 0.4% | 0.0% |
| Net income | $-7.54M | $-13.37M | $-12.82M | $-22.17M | $-31.74M | $-36.40M | $-72.21M | $19.49M |
| Net income growth (YoY) | — | -77.5% | +4.1% | -72.9% | -43.2% | -14.7% | -98.4% | +127.0% |
| Profit margin | -34.2% | -74.4% | -47.7% | -52.5% | -67.8% | -72.5% | -121.1% | 34.7% |