908 Devices (MASS)
Nasdaq Market Open
908 Devices Inc. is a technology company that designs and sells compact analytical instruments for chemical identification at the point of need. Its products are built around miniaturised mass spectrometry, optical spectroscopy, data analytics, and machine learning, allowing users to analyse unknown substances outside a traditional laboratory setting. The company’s approach is aimed at making advanced chemical analysis faster, easier to operate, and more portable than conventional lab-based systems.
The company serves markets where rapid answers can be critical, including public safety, defence, life sciences, and industrial health and safety. Its handheld and transportable devices are used by first responders, law enforcement, military personnel, hazmat teams, and other field operators to detect and identify potentially dangerous materials. Key products include MX908, which supports trace detection and identification of priority threats, and devices such as ThreatID, XplorIR, and VipIR, which help users evaluate unknown solids, liquids, vapours, and gases.
908 Devices is particularly exposed to demand linked to chemical threats, illicit drugs, toxic industrial materials, and hazardous workplace exposures. Its technology can support efforts to address fentanyl and other narcotics, identify carcinogenic or toxic substances, and improve security screening in challenging environments.
The company generates most of its revenue in the United States, although its technology has applications in global safety and defence markets. For investors, 908 Devices represents a specialised instrumentation business focused on moving high-end analytical capabilities from central laboratories into field-based workflows.
Last updated
- Market Cap
- 327.47M
- P/E
- —
- P/FCF
- —
- P/S
- 5.67
- Enterprise Value
- 259.9M
- Sector
- —
- Industry
- Measuring and Controlling Devices, Not Elsewhere Classified
- Address
- 44 THIRD AVENUE, BURLINGTON, MA, 01803
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- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 327.47M
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 259.9M
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- 2.44
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 5.67
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- -7.03
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 4.5
- EPS
- -0.95
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- —
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- -8.3M
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- -26.88%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -19.32%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 3.58
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 3.25
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 1.7
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 283.82K
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 8.66
Income Statement
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Revenue | 13.38M | 17.38M | 14.01M | 13.04M | 11.78M |
| Gross profit | 6.88M | 9.15M | 7.36M | 6.37M | 5.54M |
| Operating income | -12.88M | 3.09M | -16.32M | -15.16M | -11.03M |
| EBITDA | -11.75M | 4.2M | -15.33M | -14.09M | -9.74M |
| Net income | -11.96M | 4.17M | -14.98M | -13.31M | 43.6M |
| Basic EPS | -0.32 | 0.11 | -0.41 | -0.37 | 1.23 |
| Diluted EPS | -0.32 | 0.11 | -0.41 | -0.37 | 1.23 |
Balance Sheet
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Total assets | 186.7M | 190.07M | 190.87M | 191.7M | 196.03M |
| Total liabilities | 52.52M | 46.37M | 54.57M | 42.88M | 36.6M |
| Total equity | 134.17M | 143.7M | 136.3M | 148.82M | 159.42M |
| Cash & equivalents | 67.56M | 70.52M | 62.8M | 61.75M | 79.16M |
| Current assets | 142.01M | 144.56M | 144.94M | 147.87M | 149M |
| Current liabilities | 39.66M | 34.06M | 41.48M | 29.71M | 19.56M |
Cash Flow
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Operating cash flow | 1.21M | 1.32M | -4.2M | -5.78M | -15.02M |
| Investing cash flow | -1.99M | 6.81M | 5.21M | -11.59M | 50.31M |
| Financing cash flow | -2.17M | -414K | -16K | -78K | -189K |
| Change in cash | -2.95M | 7.72M | 991K | -17.45M | 35.13M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 4 — 908 Devices Inc. | View Filing | |
| edgar index | 4 — 908 Devices Inc. | View Filing | |
| edgar index | 4 — 908 Devices Inc. | View Filing | |
| edgar index | SD — 908 Devices Inc. | View Filing | |
| edgar index | 144 — 908 Devices Inc. | View Filing | |
| form 4 | Form 4 — Griffith Joseph H. IV | View Filing | |
| form 4 | Form 4 — AWM Investment Company, Inc. | View Filing | |
| form 4 | Form 4 — Brown Christopher D. | View Filing | |
| form 4 | Form 4 — AWM Investment Company, Inc. | View Filing | |
| form 4 | Form 4 — AWM Investment Company, Inc. | View Filing | |
| edgar index | SCHEDULE 13G/A — 908 Devices Inc. | View Filing | |
| edgar index | 4 — 908 Devices Inc. | View Filing | |
| edgar index | 4 — 908 Devices Inc. | View Filing | |
| form 4 | Form 4 — AWM Investment Company, Inc. | View Filing | |
| edgar index | 4 — 908 Devices Inc. | View Filing | |
| edgar index | 144 — 908 Devices Inc. | View Filing | |
| form 4 | Form 4 — AWM Investment Company, Inc. | View Filing | |
| form 4 | Form 4 — Kenneweg John | View Filing | |
| edgar index | 4 — 908 Devices Inc. | View Filing | |
| form 4 | Form 4 — AWM Investment Company, Inc. | View Filing | |
| edgar index | 8-K — 908 Devices Inc. | View Filing | |
| edgar index | 10-Q — 908 Devices Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — AWM Investment Company, Inc. | View Filing | |
| form 4 | Form 4 — AWM Investment Company, Inc. | View Filing | |
| form 4 | Form 4 — Brown Christopher D. | View Filing | |
| edgar index | 4 — 908 Devices Inc. | View Filing | |
| form 4 | Form 4 — Kenneweg John | View Filing | |
| form 4 | Form 4 — Kenneweg John | View Filing | |
| form 4 | Form 4 — Kenneweg John | View Filing | |
| edgar index | DEF 14A — 908 Devices Inc. | View Filing | |
| edgar index | DEFA14A — 908 Devices Inc. | View Filing | |
| edgar index | ARS — 908 Devices Inc. | View Filing | |
| edgar index | 4 — 908 Devices Inc. | View Filing | |
| form 4 | Form 4 — Kenneweg John | View Filing | |
| edgar index | 3 — 908 Devices Inc. | View Filing | |
| edgar index | 4 — 908 Devices Inc. | View Filing | |
| form 4 | Form 4 — Otitoju Kolawole A. | View Filing | |
| form 4 | Form 4 — Otitoju Kolawole A. | View Filing | |
| edgar index | 4 — 908 Devices Inc. | View Filing | |
| edgar index | 4 — 908 Devices Inc. | View Filing | |
| edgar index | 4 — 908 Devices Inc. | View Filing | |
| form 4 | Form 4 — Brown Christopher D. | View Filing | |
| form 4 | Form 4 — McCallion Kevin J. | View Filing | |
| form 4 | Form 4 — McCallion Kevin J. | View Filing | |
| form 4 | Form 4 — McCallion Kevin J. | View Filing | |
| form 4 | Form 4 — Brown Christopher D. | View Filing | |
| form 4 | Form 4 — McCallion Kevin J. | View Filing | |
| form 4 | Form 4 — McCallion Kevin J. | View Filing | |
| form 4 | Form 4 — McCallion Kevin J. | View Filing | |
| edgar index | 144 — 908 Devices Inc. | View Filing | |
| edgar index | 144 — 908 Devices Inc. | View Filing | |
| form 4 | Form 4 — Brown Christopher D. | View Filing | |
| form 4 | Form 4 — McCallion Kevin J. | View Filing | |
| form 4 | Form 4 — McCallion Kevin J. | View Filing | |
| form 4 | Form 4 — McCallion Kevin J. | View Filing | |
| edgar index | EFFECT — 908 Devices Inc. | View Filing | |
| edgar index | UPLOAD — 908 Devices Inc. | View Filing | |
| edgar index | CORRESP — 908 Devices Inc. | View Filing | |
| edgar index | 10-K — 908 Devices Inc. | View Filing | |
| edgar index | S-8 — 908 Devices Inc. | View Filing | |
| edgar index | S-3 — 908 Devices Inc. | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| edgar index | 3 — 908 Devices Inc. | View Filing | |
| form 3 | Form 3 — Kenneweg John | View Filing | |
| form 3 | Form 3 — Kenneweg John | View Filing | |
| form 3 | Form 3 — Kenneweg John | View Filing | |
| form 3 | Form 3 — Kenneweg John | View Filing | |
| form 3 | Form 3 — Kenneweg John | View Filing | |
| form 3 | Form 3 — Kenneweg John | View Filing | |
| form 3 | Form 3 — Kenneweg John | View Filing | |
| form 3 | Form 3 — Kenneweg John | View Filing | |
| form 3 | Form 3 — Kenneweg John | View Filing |