908 Devices (MASS) Gross Margin (2020 - 2026)
908 Devices (MASS) recorded Gross Margin of 51.90% in Q2 2026, up 3.01 percentage points from 48.89% a year earlier and up 0.47 percentage points from the prior quarter.
908 Devices (MASS) Gross Margin (2020 - 2026) Analysis & Trends
On a TTM basis, 908 Devices' Gross Margin came in at 52.16% as of Jun 30, 2026, up 3.04 percentage points year-over-year; for FY2025, it came in at 50.58%, down 0.74 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -4.91 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 51.31% in FY2024 (+0.90 pp), 50.41% in FY2023 (-5.13 pp), 55.54% in FY2022 (+0.50 pp) and 55.05% in FY2021 (-0.44 pp).
- Quarterly Gross Margin has ranged from 46.21% in Q1 2023 to 59.73% in Q2 2022 over the past five years.
- On a year-over-year basis, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of -0.42 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 12.55 percentage points in Q4 2021, against a drop of 11.83 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 51.43% (Q1 2026), 52.67% (Q4 2025) and 52.52% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | 35.03% |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 20.77% |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | 15.49% |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 53.56% |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | 19.50% |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 37.59% |
| 10 | 908 Devices | 443.77 Mn | 5.47 Mn | 8.34 Mn | 51.90% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.90% |
| Mar 31, 2026 | 51.43% |
| Dec 31, 2025 | 52.67% |
| Sep 30, 2025 | 52.52% |
| Jun 30, 2025 | 48.89% |
| Mar 31, 2025 | 47.05% |
| Dec 31, 2024 | 46.52% |
| Sep 30, 2024 | 53.57% |
| Jun 30, 2024 | 53.76% |
| Mar 31, 2024 | 52.37% |
| Dec 31, 2023 | 50.69% |
| Sep 30, 2023 | 55.04% |
| Jun 30, 2023 | 47.91% |
| Mar 31, 2023 | 46.21% |
| Dec 31, 2022 | 50.86% |
| Sep 30, 2022 | 59.11% |
| Jun 30, 2022 | 59.73% |
| Mar 31, 2022 | 49.71% |
| Dec 31, 2021 | 57.66% |
| Sep 30, 2021 | 54.30% |
908 Devices Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MASS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MASS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MASS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();