NASDAQ$MASS

908 Devices Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

908 Devices reported Q4 2025 revenue of $19.5M with improved profitability trends.

908 Devices reported Q4 and full-year 2025 results for its handheld mass-spec and forensics platforms, including revenue of about $19.5 million in the quarter and updated 2026 outlook.

  • Q4 revenue ~$19.5M.
  • Forensics and biopharma analytical instruments.
  • Installed base and recurring consumables.
  • 2026 outlook provided in release.
  • Path to profitability focus.

Headline financials

Total Revenue

$19.5M

Previous: $18.8M+3.7%
EPS (adj)

$0.12

Previous: -$0.27+144.4%
Installed Base

3.7K

Previous: 3.0K+24.0%
Devices Placed

224

No prior period
Recurring Revenue %

32.0%

No prior period
Adjusted EBITDA

$727K

Previous: -$4.02M+118.1%
Net Income

$4.2M

Previous: -$19.4M+121.6%
Operating Income

$3.09M

Previous: -$29.4M+110.5%
Gross Profit

$9.15M

Previous: $9.1M+0.6%

Revenue & EPS history

908 Devices · Revenue · Quarterly

$19.5M

Q4 2025+3.7%vs Q4 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

2026 guidance on revenue growth and margin improvement from product mix.

Tailwinds

  • Niche mass-spec leadership in field applications.
  • Consumables annuity from installed base.
  • Government and lab end-market diversity.

Headwinds

  • Small scale limits operating leverage.
  • Lumpy instrument capital sales.
  • R&D spend for product extensions.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+1.3%

Avg return

Earnings day

-2.9%

Avg return

5 days after

+2.8%

Avg return

30 days after

46%

11 / 24 earnings

Positive

+96.0%

Q4 2024

Best reaction

-35.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+13.7%+11.8%+11.8%
Q4 2025-4.8%-5.3%+0.0%
Q3 2025-13.2%-25.7%-10.8%
Q1 2025-18.9%-20.1%+25.5%
Q4 2024+96.0%+39.4%+88.9%
Q3 2024-35.4%-34.0%-41.4%
Q2 2024-5.0%-6.0%-21.6%
Q1 2024-1.4%-1.8%+7.0%
Q4 2023-1.1%-5.1%-10.1%
Q3 2023-4.9%-11.2%+23.0%
Q2 2023+17.7%+15.0%+8.1%
Q1 2023+8.4%+4.8%+28.6%
Q4 2022+0.3%-10.6%-5.5%
Q3 2022-34.4%-38.2%-44.4%
Q2 2022-8.9%-9.9%-7.6%
Q1 2022-12.6%+6.6%-5.5%
Q4 2021+12.8%+17.2%+24.7%
Q3 2021+14.7%+2.7%-30.0%
Q3 2020+14.7%+2.7%-30.0%
Q2 2021+9.4%+5.4%+26.2%
Q2 2020+9.4%+5.4%+26.2%
Q1 2021-16.3%-14.6%-7.3%
Q1 2020-16.3%-14.6%-7.3%
Q4 2020+7.8%+15.8%+18.0%
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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