The earnings call reflected a positive outlook with significant growth in revenue and device placements, supported by successful product launches and favorable legislative funding. Although there were challenges in terms of adjusted EBITDA loss and a decline in gross margins, the company's strategic moves towards operational efficiency and legislative tailwinds indicate a strong potential for future growth.

Company Guidance -

Q3 2025

During the 908 Devices Second Quarter 2025 Financial Results Conference Call, the company reported a revenue of $13 million, up 14% from the prior year, driven by a 164-device placement, including a record number of XplorIR units. This growth was largely fueled by mass spectrometry devices, accounting for 60% of revenue, and FKR products making up the remaining 40%. The adjusted EBITDA loss was $3.9 million, improving by over 45% year-over-year and 15% quarter-over-quarter. The company anticipates being adjusted EBITDA positive by Q4 2025, with a full-year revenue projection of $54-56 million, reflecting a 13-17% growth over 2024. Legislative actions, including the One Big Beautiful Bill, are expected to enhance funding landscapes, supporting growth projections of over 20% in 2026. The company also launched VipIR, a new handheld chemical analyzer, and completed strategic operational consolidations to improve margins.

Increased Revenue and Growth

Revenue from continuing operations was $13 million, an increase of 14% over the prior year period. Growth was driven by strong device sales, with mass spec devices accounting for 60% of revenue.

Record Device Placements

The company placed 164 devices, including a record number of XplorIR units, marking the highest quarterly performance for XplorIR.

Launch of VipIR Product

Successfully launched VipIR, a new 3-in-1 handheld chemical analyzer, aimed at global customs organizations, combining FTIR and Raman spectroscopy.

Legislative Support and Funding

Recent U.S. legislative actions, including the U.S. budget FY '26 reconciliation bill, provide approximately $1.7 billion in grant funding, representing an 11% increase from 2024 levels.

Operational Efficiency Improvements

Completed transfer of MX908 manufacturing to a lower-cost facility in Danbury, Connecticut, and completed the relocation of the corporate office to a smaller site in Burlington, Massachusetts.

908 Devices (MASS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MASS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 18, 2025	2025 (Q3)	-0.14 / -	-0.84	―	―	―
Aug 05, 2025	2025 (Q2)	-0.17 / -0.36	-0.37	2.70% (+0.01)
May 13, 2025	2025 (Q1)	-0.28 / -0.28	-0.33	15.15% (+0.05)
Mar 04, 2025	2024 (Q4)	-0.34 / -0.56	-0.23	-143.48% (-0.33)
Nov 12, 2024	2024 (Q3)	-0.28 / -0.84	-0.22	-281.82% (-0.62)
Aug 06, 2024	2024 (Q2)	-0.34 / -0.37	-0.29	-27.59% (-0.08)
Apr 30, 2024	2024 (Q1)	-0.36 / -0.33	-0.39	15.38% (+0.06)
Mar 05, 2024	2023 (Q4)	-0.26 / -0.23	-0.31	25.81% (+0.08)	―
Nov 07, 2023	2023 (Q3)	-0.30 / -0.22	-0.2	-10.00% (-0.02)	―
Aug 08, 2023	2023 (Q2)	-0.33 / -0.29	-0.26	-11.54% (-0.03)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MASS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$6.52	$6.34	-2.76%
May 13, 2025	$5.73	$4.65	-18.85%
Mar 04, 2025	$1.98	$3.88	+95.96%
Nov 12, 2024	$3.62	$2.92	-19.34%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does 908 Devices Inc. (MASS) report earnings?

908 Devices Inc. (MASS) is schdueled to report earning on Nov 18, 2025, Before Open (Confirmed).

What is 908 Devices Inc. (MASS) earnings time?

908 Devices Inc. (MASS) earnings time is at Nov 18, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MASS EPS forecast?

MASS EPS forecast for the fiscal quarter 2025 (Q3) is -0.14.

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