908 Devices (MASS) Gross Margin (2020 - 2026)
908 Devices' (MASS) quarterly Gross Margin came in at 51.9% in Q2 2026, up 301.0% year-over-year from 12.94% in Q2 2025, and up 0.92% quarter-over-quarter from 51.43% in Q1 2026.
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908 Devices (MASS) Gross Margin (2020 - 2026) Analysis & Trends
908 Devices (MASS) has reported Gross Margin for 7 consecutive years, with 51.9% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 301.0% year-over-year to 51.9% in Q2 2026; TTM through Jun 2026 was 52.16%, a 304.0% increase from a year earlier, with the FY2025 full-year figure at 50.58%, down 74.0% from the prior year.
- Gross Margin was 51.9% for Q2 2026 at 908 Devices, up from 51.43% in the prior quarter.
- Over five years, Gross Margin peaked at 59.73% in Q2 2022 and troughed at 46.21% in Q1 2023.
- A 5-year average of 51.66% and a median of 51.67% in 2026 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 683 bps in 2022 and tumbled 1183 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 50.86% in 2022, then dropped by 0 bps to 50.69% in 2023, then fell by 8 bps to 46.52% in 2024, then increased by 13 bps to 52.67% in 2025, then dropped by 1 bps to 51.9% in 2026.
- The last three Gross Margin figures came in at 51.9% (Q2 2026), 51.43% (Q1 2026), and 52.67% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.87 Bn | 117.07 Bn | 2.45 Bn | 12.19% |
| 2 | General Dynamics | 95.39 Bn | 91.06 Bn | 6.76 Bn | 47.94% |
| 3 | Motorola Solutions | 76.32 Bn | 75.61 Bn | 1.68 Bn | 53.56% |
| 4 | Northrop Grumman | 73.49 Bn | 71.18 Bn | 3.72 Bn | 34.21% |
| 5 | L3Harris Technologies | 46.76 Bn | 45.24 Bn | 1.50 Bn | 25.54% |
| 6 | Elbit Systems | 32.70 Bn | 31.74 Bn | 579.01 Mn | 25.32% |
| 7 | Teledyne Technologies | 27.56 Bn | 27.22 Bn | 738.10 Mn | 44.40% |
| 8 | Curtiss Wright | 20.85 Bn | 20.37 Bn | 364.09 Mn | 39.40% |
| 9 | Leidos Holdings | 16.21 Bn | 15.46 Bn | 817.00 Mn | 17.92% |
| 10 | 908 Devices | 365.20 Mn | 263.67 Mn | 8.34 Mn | 51.90% |
Historic Data
Download Data
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% |