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908 Devices MASS Gross margin

Gross margin at other companies

WAT
Waters CorporationWAT
59.3%-0.1pp
Agilent Technologies logo
Agilent TechnologiesA
52.7%-0.6pp
Bruker logo
BrukerBRKR
45.3%-3.7pp
Mettler-Toledo International, Inc. logo
Mettler-Toledo International, Inc.MTD
59.2%-1.0pp
Danaher logo
DanaherDHR
58.9%-0.8pp
Idexx Laboratories logo
Idexx LaboratoriesIDXX
62.1%+0.8pp

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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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.

Based on trailing twelve months.

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 gross margin?
908 Devices (MASS) reported gross margin of 51.5% in Q1 2026.
How has 908 Devices's gross margin changed year-over-year?
908 Devices's gross margin increased by 2.6% year-over-year, from 50.2% to 51.5%.
What is the long-term trend for 908 Devices's gross margin?
Over 5 years (2020 to 2025), 908 Devices's gross margin has grown at a -1.8% compound annual growth rate (CAGR), from 55.5% to 50.6%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.