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908 Devices (MASS) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 11, 2026

908 Devices (MASS) reported revenue of $16.1M for the second quarter 2026 (Q2 2026), +23% from a year earlier and +20% from the quarter before. Operating margin was -79.7%, net loss $11.9M (74.0% of revenue).

Revenue$16.1M
Year over year+23%
Quarter over quarter+20%
Operating margin-79.7%
Net earnings−$11.9M

908 Devices, Q2 2026: revenue $16.1M (+23% year over year), operating margin -79.7%, net loss $11.9M, operating cash flow $3.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$16.1M+20%+23%
Operating profit−$12.8M——
Net earnings−$11.9M——
Operating cash flow$3.2M+163%—
Free cash flow$3.0M+158%—

What changed

Revenue was $16.1M in Q2 2026, up 23% year over year and up 20% from the previous quarter. Device sales revenue was the largest line at 69% of revenue. Device sales revenue added $2.7M year over year (up 33%), 90% of the total change.

Gross margin was 51.9%, up 3.0 points from Q2 2025. Operating costs exceeded revenue by $12.8M, an operating margin of -79.7%. Operating expenses fell 2% while revenue rose 23%. The quarter ended with a net loss of $11.9M, narrower than the previous quarter's $12.0M loss.

Operating cash flow was $3.2M. Non-cash charges added back $1.4M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items added $11.4M. Capital expenditures of $162K left free cash flow of $3.0M.

Questions

What was 908 Devices' revenue in the second quarter 2026?

908 Devices (MASS) reported revenue of $16.1M for the second quarter 2026 (Q2 2026), +23% from a year earlier and +20% from the quarter before.

Was 908 Devices profitable in the second quarter 2026?

Operating loss was $12.8M (-79.7% of revenue) and net loss $11.9M.

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Source: 908 Devices 10-Q on SEC EDGAR.