Filing Flows › 908 Devices (MASS) › Q4 2024
908 Devices (MASS) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 7, 2025
908 Devices (MASS) reported revenue of $18.8M for the fourth quarter 2024 (Q4 2024), +31% from a year earlier and +12% from the quarter before. Operating margin was -107.6%, net loss $19.4M (103.3% of revenue).
908 Devices, Q4 2024: revenue $18.8M (+31% year over year), operating margin -107.6%, net loss $19.4M, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.8M | +12% | +31% |
| Operating profit | −$20.3M | — | — |
| Net earnings | −$19.4M | — | — |
| Operating cash flow | −$2.2M | — | — |
What changed
Revenue was $18.8M in Q4 2024, up 31% year over year and up 12% from the previous quarter.
Gross margin was 48.4%, down 2.3 points from a year earlier. Operating costs exceeded revenue by $20.3M, an operating margin of -107.6%. Operating expenses grew 73% against revenue growth of 31%. The quarter ended with a net loss of $19.4M, narrower than the previous quarter's $29.3M loss.
Operating cash flow was −$2.2M. Non-cash charges added back $1.4M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items added $12.9M. Capital expenditures of $190K exceeded it, leaving free cash flow of −$2.4M.
Questions
What was 908 Devices' revenue in the fourth quarter 2024?
908 Devices (MASS) reported revenue of $18.8M for the fourth quarter 2024 (Q4 2024), +31% from a year earlier and +12% from the quarter before.
Was 908 Devices profitable in the fourth quarter 2024?
Operating loss was $20.3M (-107.6% of revenue) and net loss $19.4M.
Source: 908 Devices 10-K on SEC EDGAR.