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908 Devices MASS Service — Cost Of Revenue

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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$361.04M+55.6%
Enterprise value$302.32M+73.0%
P/S5.9×+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:CostOfRevenue.

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
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
Gross profit8,3436,37315,22511,915
Operating expenses:
Research and development3,5984,4057,0698,234
Selling, general and administrative11,11210,33721,02720,576

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is 908 Devices's service — cost of revenue?
908 Devices (MASS) reported service — cost of revenue of $1.32M in Q2 2026.
How has 908 Devices's service — cost of revenue changed year-over-year?
908 Devices's service — cost of revenue decreased by 1.5% year-over-year, from $1.34M to $1.32M.
What is the long-term trend for 908 Devices's service — cost of revenue?
Over 3 years (2022 to 2025), 908 Devices's service — cost of revenue has grown at a 7.2% compound annual growth rate (CAGR), from $4.42M to $5.45M.
What does service — cost of revenue mean?
This metric captures the direct costs incurred to deliver service-related offerings, including labor, parts, and logistics associated with maintenance and support contracts. It is a key indicator of the operational efficiency and profitability of the service business segment. Monitoring this cost relative to service revenue allows for the assessment of service margin expansion potential.

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