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908 Devices MASS Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin51.5%+1.3pp50.6%-0.7pp48.8%-3.8pp49.1%-3.9pp50.2%-1.3pp
Operating margin-76.8%+40.0pp-75.6%+44.6pp-111.5%-6.0pp-125.6%-52.1pp-116.7%-39.2pp
Net margin-62.4%-28.5pp34.7%+186pp-7.8%+118pp-34.4%+45.6pp-33.9%+38.3pp
EBITDA margin-69.3%+38.5pp-67.7%+42.7pp-102.5%-4.7pp-116.1%-48.8pp-107.8%-36.6pp
Free cash flow margin-16.7%+52.0pp-46.2%+18.4pp-53.4%+10.8pp-54.6%+8.0pp-68.6%-15.6pp
Returns
Return on equity-24.6%-13.4pp15.1%+66.7pp-3.1%+36.9pp-12.1%+10.9pp-11.2%+9.4pp
Return on assets-18.8%-9.7pp11.2%+51.0pp-2.2%+28.9pp-9.2%+8.9pp-9.2%+7.9pp
Return on invested capital-57.2%+28.6pp-54.9%+35.1pp-69.3%-2.7pp-65.3%-22.5pp-85.8%+2.8pp
Efficiency
Asset turnover0.3×0.0×0.3×+0.1×0.3×0.0×0.3×0.0×0.3×0.0×
Inventory turnover2.2×+0.4×2.3×+0.5×1.6×+0.3×1.6×+0.2×1.8×+0.2×
Liquidity
Current ratio3.6×-4.0×4.2×+0.1×3.5×-0.7×-0.1×7.6×-0.8×
Quick ratio3.2×-3.7×3.9×+0.2×3.1×-0.4×4.5×+0.2×-0.6×
Cash ratio1.7×-2.3×2.1×+0.3×1.5×-0.2×2.1×-0.1×-1.4×
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$3.64-19.1%$4.00+19.0%$3.78-0.1%$4.15-9.6%$4.51-6.1%
Valuation
Market capitalization$339.57M+29.0%$190.01M+148%$316.11M+167%$237.4M+40.9%$158.28M-35.9%
Enterprise value$276.47M+47.2%$124.12M+217%$257.66M+221%$180.08M+41.5%$82.88M-43.9%
Price / sales5.9×+0.8×3.4×+1.8×5.9×+3.5×4.4×+0.9×-2.1×
Price / book2.5×+0.9×1.3×+0.7×2.3×+1.4×1.6×+0.5×-0.6×
EV / sales4.8×+1.2×2.2×+1.4×4.8×+3.2×3.4×+0.7×1.6×-1.5×
Free cash flow yield-2.8%+10.8pp-13.7%+26.6pp-9%+17.0pp-12.3%+5.3pp-22.6%-12.3pp
Earnings yield-10.6%-3.9pp10.3%+105pp-1.3%+49.6pp-7.8%+14.8pp-11.2%+2.9pp

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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.