Skip to content

908 Devices MASS Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin51.5%+0.9pp50.6%+1.8pp48.8%-0.3pp49.1%-1.1pp50.2%-1.1pp
Operating margin-76.8%-1.1pp-75.6%+35.8pp-111.5%+14.2pp-125.6%-8.9pp-116.7%+3.5pp
Net margin-62.4%-97.1pp34.7%+42.5pp-7.8%+26.6pp-34.4%-0.4pp-33.9%+117pp
EBITDA margin-69.3%-1.6pp-67.7%+34.8pp-102.5%+13.6pp-116.1%-8.3pp-107.8%+2.6pp
Free cash flow margin-16.7%+29.6pp-46.2%+7.2pp-53.4%+1.1pp-54.6%+14.1pp-68.6%-4.0pp
Returns
Return on equity-24.6%-39.7pp15.1%+18.2pp-3.1%+9.0pp-12.1%-0.9pp-11.2%+40.4pp
Return on assets-18.8%-30.0pp11.2%+13.4pp-2.2%+7.0pp-9.2%0.0pp-9.2%+30.7pp
Return on invested capital-57.2%-2.4pp-54.9%+14.4pp-69.3%-4.0pp-65.3%+20.5pp-85.8%+4.2pp
Efficiency
Asset turnover0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×
Inventory turnover2.2×-0.2×2.3×+0.7×1.6×0.0×1.6×-0.2×1.8×0.0×
Liquidity
Current ratio3.6×-0.7×4.2×+0.7×3.5×-1.5×-2.6×7.6×+3.5×
Quick ratio3.2×-0.6×3.9×+0.7×3.1×-1.3×4.5×-2.5×+3.3×
Cash ratio1.7×-0.4×2.1×+0.6×1.5×-0.6×2.1×-2.0×+2.3×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×0.0×
Per Share
Book value per share$3.64-9.0%$4.00+6.0%$3.78-9.0%$4.15-7.9%$4.51+34.0%
Valuation
Market capitalization$339.57M+29.0%$190.01M-39.9%$316.11M+33.2%$237.4M+50.0%$158.28M+107%
Enterprise value$276.47M+47.2%$124.12M-51.8%$257.66M+43.1%$180.08M+117%$82.88M+112%
Price / sales5.9×+0.8×3.4×-2.6×5.9×+1.5×4.4×+1.4×+1.4×
Price / book2.5×+0.9×1.3×-1.0×2.3×+0.7×1.6×+0.6×+0.3×
EV / sales4.8×+1.2×2.2×-2.6×4.8×+1.5×3.4×+1.8×1.6×+0.8×
Free cash flow yield-2.8%+10.8pp-13.7%-4.7pp-9%+3.3pp-12.3%+10.3pp-22.6%+17.7pp
Earnings yield-10.6%-3.9pp10.3%+11.6pp-1.3%+6.5pp-7.8%+3.4pp-11.2%+83.1pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are 908 Devices's profit margins?
908 Devices (MASS) runs a 51.5% gross margin and a -76.8% operating margin, with a -62.4% net margin.
Where do 908 Devices's ratios come from?
Every ratio is computed from 908 Devices's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.