Filing Flows › 908 Devices (MASS) › How it makes money
How 908 Devices (MASS) makes money
908 Devices (MASS) made $16.1M of revenue in the second quarter 2026 (Q2 2026), +23% from a year earlier. Device sales revenue brought in $11.0M (69%); Recurring revenue brought in $4.9M (31%); Contract revenue brought in $104K (1%).
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Device sales revenue | $11.0M | 68.6% | — | +33% |
| Recurring revenue | $4.9M | 30.8% | — | +5% |
| Contract revenue | $104K | 0.6% | — | +420% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $16.1M | 100.0% |
| Operating cash flow | $3.2M | 19.7% |
| Free cash flow | $3.0M | 18.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $16.1M | +23% |
| Q1 2026 | $13.4M | +14% |
| Q4 2025 | $17.4M | +21% |
| Q3 2025 | $14.0M | -4% |
| Q2 2025 | $13.0M | +14% |
| Q1 2025 | $11.8M | +59% |
| Q4 2024 | $18.8M | +31% |
From 908 Devices' 10-Q filed Aug 11, 2026 (on EDGAR).
Questions
How does 908 Devices make money?
908 Devices (MASS) made $16.1M of revenue in the second quarter 2026 (Q2 2026), +23% from a year earlier. Device sales revenue brought in $11.0M (69%); Recurring revenue brought in $4.9M (31%); Contract revenue brought in $104K (1%).
What is 908 Devices' biggest business?
Device sales revenue: $11.0M in the second quarter 2026, 69% of revenue, +33% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.