908 DEVICES INC. financials
Source: EDGAR filings · Built 2026-06-02T03:30:20Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -24.64M | -30.85M | -27.10M | -22.98M | -29.82M | 4.12M |
| EBITDA | -34.96M | -52.71M | -40.37M | -33.77M | -21.14M | -4.98M |
| Working Capital | 110.50M | 77.91M | 151.24M | 196.40M | 238.06M | 160.13M |
| Net Debt | -65.89M | -37.42M | -115.10M | -168.91M | -203.22M | -137.37M |
| Gross Margin | 50.58% | 51.31% | 50.41% | 55.54% | 55.05% | 55.49% |
| Operating Margin | -70.15% | -120.20% | -85.13% | -75.52% | -52.29% | -21.62% |
| Net Margin | 34.68% | -151.23% | -72.47% | -71.64% | -52.53% | -47.66% |
| Return on Equity (ROE) | 13.56% | -63.01% | -21.99% | -17.61% | -10.33% | -9.22% |
| Return on Assets (ROA) | 10.25% | -45.28% | -17.93% | -13.84% | -8.50% | -7.17% |
| Current Ratio | 4.24× | 4.10× | 7.71× | 11.22× | 17.05× | 15.78× |
| Debt-to-Equity | 0.03× | 0.06× | 0.04× | 0.10× | 0.10× | 0.16× |
| Effective Tax Rate | 0.20% | 0.53% | 0.58% | 0.00% | — | — |
| Cash Conversion Ratio | -1.22× | 0.42× | 0.69× | 0.62× | 1.31× | -0.32× |
| Accruals Ratio | 0.23× | -0.26× | -0.06× | -0.05× | 0.03× | -0.09× |
| SBC % of Revenue | 17.52% | 24.64% | 19.48% | 15.38% | 5.93% | 1.95% |
| CapEx Coverage | -24.80× | -50.24× | -12.25× | -10.23× | -39.46× | 459.00× |
| Free Cash Flow Per Share | $-0.69 | $-0.91 | $-0.84 | $-0.73 | $-1.07 | $0.75 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 9.72× | — | — | — | — | — |
| P/FCF | — | — | — | — | — | 75.78× |
| FCF Yield | — | — | — | — | — | 1.32% |
| P/S | 3.39× | 1.62× | 7.26× | 5.18× | 19.05× | 57.75× |
| P/B | 1.33× | 0.67× | 2.20× | 1.27× | 3.75× | 11.17× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 56.20M | 47.75M | 50.23M | 46.85M | 42.21M | 26.89M |
| Cost of Revenue | 27.77M | 23.25M | 24.91M | 20.83M | 18.97M | 11.97M |
| Gross Profit | 28.42M | 24.50M | 25.32M | 26.02M | 23.23M | 14.92M |
| Research and Development Expense | 15.57M | 14.99M | 21.90M | 17.53M | 13.07M | 8.23M |
| Selling, General and Administrative Expense | 38.53M | 39.46M | 46.07M | 43.88M | 32.23M | 12.50M |
| Operating Expenses | 67.84M | 81.89M | 68.08M | 61.41M | 45.30M | 20.74M |
| Operating Income (Loss) | -39.42M | -57.39M | -42.76M | -35.38M | -22.07M | -5.82M |
| Income Tax Expense (Benefit) | -66.00K | -282.00K | -211.00K | 0 | — | — |
| Net Income (Loss) Attributable to Parent | 19.49M | -72.21M | -36.40M | -33.56M | -22.17M | -12.82M |
| Earnings Per Share, Basic | $0.54 | $-2.12 | $-1.13 | $-1.07 | $-0.79 | $-2.35 |
| Weighted Average Number of Shares Outstanding, Basic | 35.90M | 34.08M | 32.24M | 31.49M | 27.96M | 5.49M |
| Earnings Per Share, Diluted | $0.54 | $-2.12 | $-1.13 | $-1.07 | $-0.79 | $-2.35 |
| Weighted Average Number of Shares Outstanding, Diluted | 35.90M | 34.08M | 32.24M | 31.49M | 27.96M | 5.49M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 70.52M | 44.03M | 121.04M | 188.42M | 224.07M | 159.23M |
| Assets, Current | 144.56M | 103.06M | 173.79M | 215.63M | 252.89M | 170.97M |
| Assets | 190.07M | 159.48M | 202.98M | 242.59M | 260.91M | 178.83M |
| Liabilities, Current | 34.06M | 25.15M | 22.55M | 19.23M | 14.84M | 10.83M |
| Long-term Debt, Excluding Current Maturities | — | — | — | 15.00M | 15.00M | 14.33M |
| Liabilities | 46.37M | 44.88M | 37.49M | 51.99M | 46.30M | 39.79M |
| Stockholders' Equity Attributable to Parent | 143.70M | 114.59M | 165.49M | 190.60M | 214.60M | 139.04M |
| Common Stock, Shares, Outstanding | 36.32M | 35.10M | 32.52M | 31.86M | 31.08M | 27.27M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -23.69M | -30.25M | -25.06M | -20.93M | -29.08M | 4.13M |
| Payments to Acquire Property, Plant, and Equipment | 955.00K | 602.00K | 2.04M | 2.04M | 737.00K | 9.00K |
| Net Cash Provided by (Used in) Investing Activities | 50.75M | -46.32M | -26.40M | -15.81M | -737.00K | -9.00K |
| Net Cash Provided by (Used in) Financing Activities | -697.00K | -376.00K | -15.94M | 1.18M | 94.72M | 137.19M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 1.17M | 1.32M | -25.97M | -21.08M | -15.18M | -2.43M |
| EBITDA | -11.74M | 4.20M | — | — | -9.73M | -15.31M |
| Working Capital | 102.35M | 110.50M | 103.46M | 118.16M | 129.44M | 77.91M |
| Net Debt | -63.10M | -65.89M | -58.45M | -57.32M | -75.40M | -37.42M |
| Gross Margin | 51.43% | 52.67% | 52.52% | 48.89% | 47.05% | 46.52% |
| Operating Margin | -96.29% | 17.79% | -116.56% | -116.31% | -93.62% | -116.77% |
| Net Margin | -89.34% | 24.02% | -106.98% | -102.08% | 370.24% | -135.58% |
| Return on Equity (ROE) | -8.91% | 2.90% | -10.99% | -8.94% | 27.35% | -16.97% |
| Return on Assets (ROA) | -6.40% | 2.20% | -7.85% | -6.94% | 22.24% | -12.19% |
| Current Ratio | 3.58× | 4.24× | 3.49× | 4.98× | 7.62× | 4.10× |
| Debt-to-Equity | 0.03× | 0.03× | 0.03× | 0.03× | 0.02× | 0.06× |
| Effective Tax Rate | — | -3.94% | -0.19% | -0.55% | — | 0.44% |
| Cash Conversion Ratio | -0.10× | 0.32× | 1.67× | 1.56× | -0.34× | 0.12× |
| Accruals Ratio | -0.07× | 0.01× | 0.05× | 0.04× | 0.30× | -0.11× |
| SBC % of Revenue | 17.93% | 15.91% | 50.55% | 36.06% | 20.08% | 19.70% |
| CapEx Coverage | 30.13× | -219.83× | -26.02× | -74.03× | -94.46× | -11.81× |
| Free Cash Flow Per Share | $0.03 | $0.04 | $-0.72 | $-0.59 | $-0.43 | $-0.07 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | 9.38× | — | — | — | — |
| P/S | 3.96× | 3.39× | 5.95× | 4.79× | 3.07× | 1.62× |
| P/B | 1.71× | 1.33× | 2.32× | 1.73× | 1.00× | 0.67× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 13.38M | 17.38M | 14.01M | 13.04M | 11.78M | 14.34M |
| Cost of Revenue | 6.50M | 8.23M | 6.65M | 6.66M | 6.24M | 7.67M |
| Gross Profit | 6.88M | 9.15M | 7.36M | 6.37M | 5.54M | 6.67M |
| Research and Development Expense | 3.47M | 3.50M | 3.84M | 4.41M | 3.83M | 3.90M |
| Selling, General and Administrative Expense | 9.91M | 8.82M | 9.13M | 10.34M | 10.24M | 10.46M |
| Operating Expenses | 19.77M | 6.06M | 23.68M | 21.53M | 16.57M | 23.42M |
| Operating Income (Loss) | -12.88M | 3.09M | -16.32M | -15.16M | -11.03M | -16.75M |
| Income Tax Expense (Benefit) | — | -166.00K | 29.00K | 71.00K | — | -71.00K |
| Net Income (Loss) Attributable to Parent | -11.96M | 4.17M | -14.98M | -13.31M | 43.60M | -19.45M |
| Earnings Per Share, Basic | $-0.32 | $0.11 | $-0.41 | $-0.37 | $1.23 | $-0.56 |
| Weighted Average Number of Shares Outstanding, Basic | 36.82M | 35.90M | 36.10M | 35.88M | 35.39M | 34.08M |
| Earnings Per Share, Diluted | $-0.32 | $0.11 | $-0.41 | $-0.37 | $1.23 | $-0.56 |
| Weighted Average Number of Shares Outstanding, Diluted | 36.82M | 35.90M | 36.10M | 35.88M | 35.39M | 34.08M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 67.56M | 70.52M | 62.80M | 61.75M | 79.16M | 44.03M |
| Assets, Current | 142.01M | 144.56M | 144.94M | 147.87M | 149.00M | 103.06M |
| Assets | 186.69M | 190.07M | 190.87M | 191.70M | 196.03M | 159.48M |
| Liabilities, Current | 39.66M | 34.06M | 41.48M | 29.71M | 19.56M | 25.15M |
| Liabilities | 52.52M | 46.37M | 54.57M | 42.88M | 36.60M | 44.88M |
| Stockholders' Equity Attributable to Parent | 134.17M | 143.70M | 136.30M | 148.82M | 159.42M | 114.59M |
| Common Stock, Shares, Outstanding | 37.41M | 36.32M | 36.12M | 36.06M | 35.74M | 35.10M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.21M | 1.32M | -25.01M | -20.80M | -15.02M | -2.24M |
| Payments to Acquire Property, Plant, and Equipment | 40.00K | -6.00K | 961.00K | 281.00K | 159.00K | 190.00K |
| Net Cash Provided by (Used in) Investing Activities | -1.99M | 6.81M | 43.94M | 38.73M | 50.31M | 780.00K |
| Net Cash Provided by (Used in) Financing Activities | -2.17M | -414.00K | -283.00K | -267.00K | -189.00K | 529.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (MASS CIK 0001555279),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.