SequelSEC

908 Devices Inc. MASS

Laboratory Analytical Instruments · CIK 0001555279 · Fiscal year ends 1231

Revenue
$60.84M
Fiscal year ended 2026-06-30
Operating income
-$38.92M
Fiscal year ended 2026-06-30
Free cash flow
$615.00K
Fiscal year ended 2026-06-30

Valuation, from the filing

Public float$194.90MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$5.21Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income10.0×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue3.5×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity1.4×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Laboratory Analytical Instruments filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Net margin34.7%100th
Revenue YoY growth17.7%91th
SBC / revenue17.5%80th
CapEx / revenue1.7%26th
FCF margin-43.9%33th
R&D / revenue27.7%63th
Operating margin-70.1%40th
Gross margin50.6%53th
Current ratio4.24x52th

908 Devices Inc. (MASS) reported revenue of $60.84M and net income of -$34.66M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from 908 Devices Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Laboratory Analytical Instruments.

Income

908 Devices Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Revenue$60.84M
Cost of revenue$29.11M
Gross profit$31.73M
Operating income-$38.92M
Net income-$34.66M
Research & development$14.41M
Weighted-average diluted sharesUnavailable
Pretax incomeUnavailable
Income tax expenseUnavailable
Diluted EPSUnavailable
Selling, general & administrative$38.98M
General & administrativeUnavailable
Selling & marketingUnavailable

Balance

908 Devices Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Cash & equivalents$63.02M
Total assets$197.54M
Current assets$132.02M
Total liabilities$70.77M
Current liabilities$49.42M
Total equity incl. NCI$126.77M
Temporary (mezzanine) equityUnavailable
Inventory$14.37M
Accounts receivable$11.71M
Goodwill$11.06M
Long-term debtUnavailable
Accounts payable$2.71M

Cash flow

908 Devices Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Operating cash flow$1.49M
Capital expenditures$876.00K
Investing cash flow$2.71M
Financing cash flow-$1.63M
Net change in cash$2.51M
Stock-based compensation$9.86M
Common dividends paidUnavailable
Common share repurchasesUnavailable
Depreciation & amortization$4.70M

Derived

908 Devices Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Free cash flow$615.00K
Gross margin52.2%
Operating margin-64.0%
FCF margin1.0%
SBC / revenue16.2%
Current ratio2.67x
Revenue YoY growth13.4%
Net margin-57.0%
R&D / revenue23.7%
CapEx / revenue1.4%
Long-term debt / equityUnavailable
Effective tax rateUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MASS in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-11View SEC filing
10-Q · Filed 2026-05-06View SEC filing
10-K · Filed 2026-03-09View SEC filing
10-Q · Filed 2025-11-10View SEC filing
10-Q · Filed 2025-08-05View SEC filing
10-Q · Filed 2025-05-13View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.