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908 Devices Inc. (MASS)
NASDAQ:MASS
Earnings Data
Report Date
May 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.15Last Year’s EPS
-0.28Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized clear operational progress: accelerating product adoption (Explorer, Viper), meaningful revenue growth (Q4 +21%, FY +18%), improved margins, a positive Q4 adjusted EBITDA, and a strong cash position ($113M). At the same time, material non‑cash charges influenced full-year reported losses, adjusted EBITDA remains negative for the year, some production and contracting timing risks persist, and planned investments could moderate near‑term margin improvement. Management provided constructive 2026 guidance (15%–20% revenue growth; margin expansion; halving adjusted EBITDA loss), signaling confidence in execution while acknowledging remaining risks.Company Guidance
Quarterly Revenue Growth
Q4 2025 revenue from continuing operations was $17.4M, up 21% year-over-year from $14.3M, driven by demand for Explorer, initial Viper shipments, and U.S. state & local adoption.
Full-Year Revenue and CAGR
Full-year 2025 revenue was $56.2M, an 18% increase versus $47.7M in 2024, in line with the company's five-year CAGR performance and driven by FTIR products (Viper) and Explorer.
Adjusted EBITDA Turnaround in Quarter
Adjusted EBITDA was positive $0.7M in Q4 2025 versus a loss of $4.0M in the prior-year quarter — a $4.7M improvement that the company attributes to cost and structural initiatives.
Profitability and Margin Improvements
Q4 gross profit was $9.2M (gross margin 53% vs 47% prior year); adjusted gross margin was 57%, up ~530 basis points year-over-year for the quarter. Full-year adjusted gross margin was 57% (vs 56% prior year).
Strong Product Momentum — Explorer & Viper
Explorer (first full year commercial) shipped over 150 units and grew >40% year-over-year; Viper (launched July 2025) shipped >40 units in Q4 and generated >$3M in Q4 revenue, indicating strong early adoption.
Recurring Revenue Growth and Mix
Recurring revenue (consumables, accessories, software, service) grew: company cited 22% year-over-year growth for full-year recurring revenue, representing ~35% of 2025 revenues; Q4 recurring was $5.5M (32% of Q4 revenue), an 11% increase year-over-year.
Operational & Balance Sheet Strength
Company consolidated manufacturing to Danbury, moved to a cost-efficient HQ, reduced operating expenses via headcount and facility actions, ended 2025 with $113M in cash and no debt, and generated ~$0.9M in operating cash in 2025.
Positive 2026 Guidance and Path to Profitability
2026 revenue guidance of $64.5M–$67.5M (15%–20% growth). Handheld product & service revenue expected to grow 13%–17%; AVCAD program contribution guidance $2M–$3M. Company targets mid- to high-50% adjusted gross margins and plans to cut 2025 adjusted EBITDA loss roughly in half in 2026 (to mid-single-digit millions).
MASS Earnings History
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 |
|---|---|---|---|
Mar 03, 2026 | $6.61 | $6.32 | -4.39% |
Nov 10, 2025 | $7.38 | $6.40 | -13.28% |
Aug 05, 2025 | $6.52 | $6.34 | -2.76% |
May 13, 2025 | $5.73 | $4.65 | -18.85% |
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 May 12, 2026, Before Open (Confirmed).
What is 908 Devices Inc. (MASS) earnings time?
908 Devices Inc. (MASS) earnings time is at May 12, 2026, 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 2026 (Q1) is -0.15.