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Other financials

Income statement

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Revenue$13.4M+13.6%
Gross profit$6.9M+24.2%
Operating income-$12.9M-16.9%
Net income-$12.0M-127%
EPS (diluted)-$0.32-126%

Balance sheet

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Cash & equivalents$67.6M-14.7%
Total debt$4.5M+18.6%
Total equity$134.2M-15.8%
Total assets$186.7M-4.8%

Cash flow

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Operating cash flow$1.2M+108%
CapEx$40.0K-74.8%
Free cash flow$1.2M+108%

Valuation

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Market cap$339.57M+29.0%
Enterprise value$276.47M+47.2%
P/S5.9×+0.8×

Profitability

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Gross margin51.5%+1.3pp
Operating margin-76.8%-19.6pp
Net margin-62.4%+323pp
FCF margin-16.7%-7.2pp

Returns & leverage

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Return on equity-24.6%-149pp
Debt / equity0.0×
Current ratio3.6×-4.0×

Where this comes from

Calculated from 908 Devices’s reported figures.

$12.9Mebit+
$1.1MDepreciation Depletion & Amortization
=-$11.75M

The official record: 908 Devices’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is 908 Devices's EBITDA?
908 Devices (MASS) reported EBITDA of -$11.75M in Q1 2026.
How has 908 Devices's EBITDA changed year-over-year?
908 Devices's EBITDA decreased by 20.6% year-over-year, from -$9.74M to -$11.75M.
What is the long-term trend for 908 Devices's EBITDA?
Over 4 years (2021 to 2025), 908 Devices's EBITDA has grown at a 15.8% compound annual growth rate (CAGR), from -$21.14M to -$38.05M.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.