908 Devices Inc.
NASDAQ:MASS
Income Statement
Earnings Waterfall
908 Devices Inc.
Income Statement
908 Devices Inc.
| Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||
| Interest Expense |
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
27
N/A
|
17
-36%
|
26
+48%
|
32
+25%
|
42
+32%
|
45
+7%
|
48
+6%
|
51
+7%
|
47
-8%
|
48
+3%
|
49
+2%
|
48
-3%
|
50
+6%
|
51
+1%
|
53
+4%
|
55
+5%
|
60
+8%
|
61
+3%
|
60
-2%
|
58
-5%
|
|
| Gross Profit | |||||||||||||||||||||
| Cost of Revenue |
(12)
|
(8)
|
(12)
|
(15)
|
(19)
|
(21)
|
(21)
|
(22)
|
(21)
|
(22)
|
(24)
|
(24)
|
(25)
|
(25)
|
(25)
|
(27)
|
(30)
|
(31)
|
(31)
|
(29)
|
|
| Gross Profit |
15
N/A
|
9
-37%
|
14
+47%
|
17
+22%
|
23
+39%
|
24
+5%
|
27
+9%
|
29
+9%
|
26
-11%
|
26
+1%
|
25
-3%
|
24
-6%
|
25
+6%
|
26
+2%
|
28
+6%
|
28
+2%
|
30
+7%
|
30
+2%
|
29
-3%
|
28
-3%
|
|
| Operating Income | |||||||||||||||||||||
| Operating Expenses |
(21)
|
(20)
|
(32)
|
(39)
|
(45)
|
(50)
|
(53)
|
(58)
|
(61)
|
(65)
|
(67)
|
(67)
|
(68)
|
(68)
|
(73)
|
(64)
|
(65)
|
(106)
|
(106)
|
(80)
|
|
| Selling, General & Administrative |
(13)
|
(13)
|
(22)
|
(28)
|
(32)
|
(36)
|
(38)
|
(41)
|
(44)
|
(46)
|
(46)
|
(46)
|
(46)
|
(46)
|
(49)
|
(51)
|
(52)
|
(51)
|
(47)
|
(43)
|
|
| Research & Development |
(8)
|
(7)
|
(10)
|
(12)
|
(13)
|
(14)
|
(15)
|
(17)
|
(18)
|
(19)
|
(20)
|
(21)
|
(22)
|
(22)
|
(23)
|
(24)
|
(25)
|
(23)
|
(21)
|
(19)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
12
|
13
|
(31)
|
(37)
|
(19)
|
|
| Operating Income |
(6)
N/A
|
(11)
-89%
|
(18)
-68%
|
(22)
-22%
|
(22)
+2%
|
(26)
-17%
|
(27)
-4%
|
(29)
-7%
|
(35)
-24%
|
(39)
-10%
|
(41)
-7%
|
(43)
-5%
|
(43)
+1%
|
(42)
+1%
|
(45)
-6%
|
(36)
+21%
|
(35)
+1%
|
(75)
-112%
|
(77)
-2%
|
(52)
+32%
|
|
| Pre-Tax Income | |||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
2
|
2
|
4
|
6
|
6
|
8
|
7
|
6
|
4
|
4
|
4
|
4
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(31)
|
(41)
|
0
|
0
|
(11)
|
|
| Total Other Income |
(6)
|
(6)
|
(6)
|
(6)
|
0
|
0
|
1
|
1
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
1
|
2
|
|
| Pre-Tax Income |
(13)
N/A
|
(18)
-41%
|
(25)
-41%
|
(29)
-14%
|
(22)
+23%
|
(26)
-15%
|
(26)
-3%
|
(27)
-4%
|
(34)
-23%
|
(37)
-9%
|
(38)
-4%
|
(39)
-2%
|
(37)
+6%
|
(35)
+4%
|
(38)
-9%
|
(60)
-58%
|
(72)
-20%
|
(71)
+2%
|
(72)
0%
|
(57)
+20%
|
|
| Net Income | |||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
| Income from Continuing Operations |
(13)
|
(18)
|
(25)
|
(29)
|
(22)
|
(26)
|
(26)
|
(27)
|
(34)
|
(37)
|
(38)
|
(39)
|
(36)
|
(35)
|
(38)
|
(60)
|
(72)
|
(71)
|
(71)
|
(57)
|
|
| Net Income (Common) |
(13)
N/A
|
(18)
-40%
|
(26)
-41%
|
(29)
-14%
|
(22)
+23%
|
(26)
-15%
|
(26)
-3%
|
(27)
-4%
|
(34)
-23%
|
(37)
-9%
|
(38)
-3%
|
(39)
-2%
|
(36)
+6%
|
(35)
+4%
|
(38)
-9%
|
(60)
-58%
|
(72)
-20%
|
(18)
+76%
|
(18)
-4%
|
(4)
+78%
|
|
| EPS (Diluted) |
-0.47
N/A
|
-0.66
-40%
|
-0.93
-41%
|
-1.04
-12%
|
-0.79
+24%
|
-0.81
-3%
|
-0.83
-2%
|
-0.88
-6%
|
-1.07
-22%
|
-1.16
-8%
|
-1.19
-3%
|
-1.21
-2%
|
-1.13
+7%
|
-1.07
+5%
|
-1.11
-4%
|
-1.73
-56%
|
-2.12
-23%
|
-0.49
+77%
|
-0.51
-4%
|
-0.11
+78%
|
|