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908 Devices MASS Product — Cost Of Revenue

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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

Reported directly by 908 Devices in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

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 product — cost of revenue?
908 Devices (MASS) reported product — cost of revenue of $5.16M in Q1 2026.
How has 908 Devices's product — cost of revenue changed year-over-year?
908 Devices's product — cost of revenue increased by 9.2% year-over-year, from $4.73M to $5.16M.
What is the long-term trend for 908 Devices's product — cost of revenue?
Over 3 years (2022 to 2025), 908 Devices's product — cost of revenue has grown at a 11.7% compound annual growth rate (CAGR), from $16.01M to $22.33M.
What does product — cost of revenue mean?
This metric captures the direct costs associated with manufacturing and delivering the company's physical product suite, including materials, labor, and overhead directly attributable to production. Monitoring this figure is essential for evaluating the production efficiency and gross margin profile of the company's hardware offerings. Changes in this metric relative to revenue indicate shifts in manufacturing scalability or supply chain cost pressures.