What is 908 Devices's R&D?

908 Devices (MASS) reported R&D of $3.47M in Q1 2026.

How has 908 Devices's R&D changed year-over-year?

908 Devices's R&D decreased by 9.3% year-over-year, from $3.83M to $3.47M.

What is the long-term trend for 908 Devices's R&D?

Over 4 years (2021 to 2025), 908 Devices's R&D has grown at a 4.5% compound annual growth rate (CAGR), from $13.07M to $15.58M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

908 Devices MASS R&D

R&D at other companies

Thermo Fisher ScientificTMO

$336M-1.8%

WAT

Waters CorporationWAT

$96M+104%

Agilent TechnologiesA

$126M+12.5%

BrukerBRKR

$101.3M+4.3%

Mettler-Toledo International, Inc.MTD

$51.28M+10.6%

DanaherDHR

$387M+2.1%

Segments

By segment

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Single Reportable$3.47M-9.3%

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

See full

Gross margin51.5%+1.3pp

Operating margin-76.8%-19.6pp

Net margin-62.4%+323pp

FCF margin-16.7%-7.2pp

Returns & leverage

See full

Return on equity-24.6%-149pp

Debt / equity0×0.0×

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 R&D?: 908 Devices (MASS) reported R&D of $3.47M in Q1 2026.
How has 908 Devices's R&D changed year-over-year?: 908 Devices's R&D decreased by 9.3% year-over-year, from $3.83M to $3.47M.
What is the long-term trend for 908 Devices's R&D?: Over 4 years (2021 to 2025), 908 Devices's R&D has grown at a 4.5% compound annual growth rate (CAGR), from $13.07M to $15.58M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.