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908 Devices MASS Contract — Revenue

Other product segments

Device Sales
$11.02M+33.1%
Recurring
$4.95M+4.5%

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Other financials

Income statement

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Revenue$16.1M+23.3%
Gross profit$8.3M+30.9%
Operating income-$12.8M+15.5%
Net income-$11.9M+10.6%
EPS (diluted)-$0.32+13.5%

Balance sheet

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Cash & equivalents$63.0M+2.1%
Total debt$4.3M-3.0%
Total equity$126.8M-14.8%
Total assets$197.5M+3.0%

Cash flow

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Operating cash flow$3.2M+155%
CapEx$162.0K+32.8%
Free cash flow$3.0M+151%

Valuation

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Market cap$364.32M+55.6%
Enterprise value$305.6M+73.0%
P/S+1.6×

Profitability

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Gross margin52.2%+3.0pp
Operating margin-69.1%-21.4pp
Net margin-57%+109pp
FCF margin-1.2%-0.6pp

Returns & leverage

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Return on equity-25.2%-336pp
Debt / equity0.0×
Current ratio2.7×-2.3×

Where this comes from

Reported directly by 908 Devices in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: 908 Devices’s 10-Q, filed August 11, 2026.

Filed
Aug 11, 2026, 7:20 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-093731
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue:
Product revenue$12,974$9,577$23,711$18,106
Service and contract revenue3,1003,4585,7456,707
Total revenue16,07413,03529,45624,813
Cost of revenue:
Product cost of revenue6,4125,32311,57310,048
Service and contract cost of revenue1,3191,3392,6582,850
Total cost of revenue7,7316,66214,23112,898

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is 908 Devices's contract — revenue?
908 Devices (MASS) reported contract — revenue of $104K in Q2 2026.
How has 908 Devices's contract — revenue changed year-over-year?
908 Devices's contract — revenue increased by 420.0% year-over-year, from $20K to $104K.
What does contract — revenue mean?
This metric represents the total revenue recognized from the contract segment, excluding any sales or value-added taxes collected from customers. It reflects the core income generated from delivering goods or services under specific contractual agreements within this business unit. Tracking this figure helps investors assess the top-line performance and market demand for the company's specialized contract-based offerings.

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