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908 Devices MASS Business Segments — Research And Development Expense

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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:ResearchAndDevelopmentExpense.

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 business segments — research and development expense?
908 Devices (MASS) reported business segments — research and development expense of $3.47M in Q1 2026.
How has 908 Devices's business segments — research and development expense changed year-over-year?
908 Devices's business segments — research and development expense decreased by 9.3% year-over-year, from $3.83M to $3.47M.
What is the long-term trend for 908 Devices's business segments — research and development expense?
Over 2 years (2023 to 2025), 908 Devices's business segments — research and development expense has grown at a -15.7% compound annual growth rate (CAGR), from $21.9M to $15.58M.
What does business segments — research and development expense mean?
This metric tracks the investment in innovation, engineering, and the development of new point-of-need mass spectrometry technologies. For a medical device company, this spending is critical for maintaining a competitive edge and expanding product capabilities. It reflects the company's long-term commitment to product pipeline growth and technological advancement.