908 Devices (MASS) Cost of Revenue (2020 - 2026)
908 Devices' (MASS) quarterly Cost of Revenue came in at $7.7 million in Q2 2026, up 16.05% year-over-year from $6.7 million in Q2 2025, and up 18.96% quarter-over-quarter from $6.5 million in Q1 2026.
Analysis
908 Devices (MASS) Cost of Revenue (2020 - 2026) Analysis & Trends
908 Devices (MASS) has reported Cost of Revenue for 7 consecutive years, with $7.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 16.05% year-over-year to $7.7 million in Q2 2026; TTM through Jun 2026 was $29.1 million, a 6.58% increase from a year earlier, with the FY2025 full-year figure at $27.8 million, up 19.48% from the prior year.
- Cost of Revenue was $7.7 million for Q2 2026 at 908 Devices, up from $6.5 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $8.2 million in Q4 2025 and troughed at $3.5 million in Q1 2024.
- A 5-year average of $6.2 million and a median of $6.4 million in 2022 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue plunged 30.73% in 2024 and jumped 76.41% in 2025, its largest moves.
- Over 5 years, Cost of Revenue stood at $5.7 million in 2022, then advanced by 23.68% to $7.1 million in 2023, then increased by 8.39% to $7.7 million in 2024, then grew by 7.25% to $8.2 million in 2025, then retreated by 6.02% to $7.7 million in 2026.
- The last three Cost of Revenue figures came in at $7.7 million (Q2 2026), $6.5 million (Q1 2026), and $8.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.97 Bn | 117.18 Bn | 2.45 Bn | 17.62 Bn |
| 2 | General Dynamics | 95.31 Bn | 90.98 Bn | 6.76 Bn | 7.34 Bn |
| 3 | Motorola Solutions | 76.54 Bn | 75.83 Bn | 1.68 Bn | 1.46 Bn |
| 4 | Northrop Grumman | 73.64 Bn | 71.33 Bn | 3.72 Bn | 7.16 Bn |
| 5 | L3Harris Technologies | 46.86 Bn | 45.33 Bn | 1.50 Bn | 4.38 Bn |
| 6 | Elbit Systems | 32.80 Bn | 31.84 Bn | 579.01 Mn | 1.71 Bn |
| 7 | Teledyne Technologies | 27.61 Bn | 27.27 Bn | 738.10 Mn | 924.40 Mn |
| 8 | Curtiss Wright | 20.84 Bn | 20.37 Bn | 364.09 Mn | 559.92 Mn |
| 9 | Leidos Holdings | 16.26 Bn | 15.51 Bn | 817.00 Mn | 3.74 Bn |
| 10 | 908 Devices | 361.62 Mn | 260.09 Mn | 8.34 Mn | 7.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.73 Mn |
| Mar 31, 2026 | 6.50 Mn |
| Dec 31, 2025 | 8.23 Mn |
| Sep 30, 2025 | 6.65 Mn |
| Jun 30, 2025 | 6.66 Mn |
| Mar 31, 2025 | 6.24 Mn |
| Dec 31, 2024 | 7.67 Mn |
| Sep 30, 2024 | 6.74 Mn |
| Jun 30, 2024 | 5.30 Mn |
| Mar 31, 2024 | 3.54 Mn |
| Dec 31, 2023 | 7.08 Mn |
| Sep 30, 2023 | 6.43 Mn |
| Jun 30, 2023 | 6.30 Mn |
| Mar 31, 2023 | 5.10 Mn |
| Dec 31, 2022 | 5.72 Mn |
| Sep 30, 2022 | 6.46 Mn |
| Jun 30, 2022 | 4.47 Mn |
| Mar 31, 2022 | 4.18 Mn |
| Dec 31, 2021 | 6.71 Mn |
| Sep 30, 2021 | 5.73 Mn |