908 DEVICES INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenue | — | $56.2M | $47.7M | $50.2M | $46.9M | $42.2M | $26.9M |
| Cost of Revenue | — | $27.8M | $23.2M | $24.9M | $20.8M | $19.0M | $12.0M |
| Gross Profit | — | $28.4M | $24.5M | $25.3M | $26.0M | $23.2M | $14.9M |
| Gross Margin | — | 50.6% | 51.3% | 50.4% | 55.5% | 55.0% | 55.5% |
| Operating Expenses | |||||||
| Research & Development | — | $15.6M | $15.0M | $21.9M | $17.5M | $13.1M | $8.2M |
| SG&A Expense | — | $38.5M | $39.5M | $46.1M | $43.9M | $32.2M | $12.5M |
| Operating Income | — | $-39.4M | $-57.4M | $-42.8M | $-35.4M | $-22.1M | $-5.8M |
| Operating Margin | — | -70.1% | -120.2% | -85.1% | -75.5% | -52.3% | -21.6% |
| Interest Expense | — | — | — | $201.0K | $129.0K | $486.0K | $976.0K |
| Pretax Income | — | $-33.3M | $-53.1M | $-36.6M | $-33.6M | — | — |
| Income Tax Expense | — | $-66.0K | $-282.0K | $-211.0K | $0 | — | — |
| Net Income | — | $19.5M | $-72.2M | $-36.4M | $-33.6M | $-22.2M | $-12.8M |
| Net Margin | — | 34.7% | -151.2% | -72.5% | -71.6% | -52.5% | -47.7% |
| EPS (Basic) | — | $0.54 | $-2.12 | $-1.13 | $-1.07 | $-0.79 | $-0.47 |
| EPS (Diluted) | — | $0.54 | $-2.12 | $-1.13 | $-1.07 | $-0.79 | $-0.47 |
| Shares Outstanding (Basic) | 37.4M | 35.9M | 34.1M | 32.2M | 31.5M | 28.0M | 27.4M |
| Shares Outstanding (Diluted) | 37.4M | 35.9M | 34.1M | 32.2M | 31.5M | 28.0M | 27.4M |
| Dividends Per Share | — | — | — | — | — | — | — |