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NASDAQ:MASS

908 Devices Inc.

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908 Devices Inc.'s revenue grew 17.7% in fiscal 2025 to $56.2M while operating margin rose to −70.1%. Free cash flow was −$24.6M, −43.9% of revenue, and the diluted share count rose 5.3%.Summary generated from 908 Devices Inc.'s SEC filings. Latest annual report filed Mar 9, 2026.

Key statistics

Fiscal 2025 from SEC filings. Methodology
Revenue (FY25)$56.2M
Revenue growth+17.7%
Revenue, 5-yr CAGR+15.9%
Gross margin50.6%
Operating margin−70.1%
Net margin34.7%
ROICn/a
Return on equity15.1%
Debt / equityn/a
Free cash flow−$24.6M
FCF margin−43.9%
Share count change+5.3%

Financials

Fiscal years, $M
Item20212022202320242025
Revenue4247504856
Operating income−22−35−43−57−39
Net income−22−34−36−7219
Free cash flow−30−23−27−31−25

Recent filings

From SEC EDGAR

Peers

Laboratory analytical instruments