908 Devices (MASS) Gross Margin (2020 - 2026)
908 Devices (MASS) posted quarterly Gross Margin of 51.43% for Q1 2026, up 438.0% year-over-year from 9.56% in Q1 2025, and down 2.35% quarter-over-quarter from 52.67% in Q4 2025.
908 Devices (MASS) Gross Margin (2020 - 2026) Analysis & Trends
908 Devices (MASS) has reported Gross Margin for 7 consecutive years, with 51.43% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 438.0% year-over-year to 51.43%; the TTM figure through Mar 2026 stood at 51.49% (up 130.0% YoY), while the FY2025 annual figure was 50.58%, down 74.0% from the prior year.
- Gross Margin fell to 51.43% in Q1 2026 per MASS's latest filing, from 52.67% in the prior quarter.
- Across five years, Gross Margin topped out at 59.73% in Q2 2022 and bottomed at 46.21% in Q1 2023.
- Historically, Gross Margin has averaged 51.65% across 5 years, with a median of 51.43% in 2026.
- Annual changes were most pronounced in 2022 — Gross Margin surged 683 bps — and 2023, when it slumped 1183 bps.
- 908 Devices' Gross Margin stood at 50.86% in 2022, then fell by 0 bps to 50.69% in 2023, then decreased by 8 bps to 46.52% in 2024, then gained by 13 bps to 52.67% in 2025, then declined by 2 bps to 51.43% in 2026.
- Business Quant data shows MASS's Gross Margin at 51.43% in Q1 2026, 52.67% in Q4 2025, and 52.52% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.19 Bn | 194.59 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 129.95 Bn | 126.47 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 120.06 Bn | 110.84 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 74.14 Bn | 73.60 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 52.74 Bn | 48.49 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.60 Bn | 32.65 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 34.20 Bn | 32.10 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.46 Bn | 23.13 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.25 Bn | 22.77 Bn | 684.20 Mn | 45.84% |
| 10 | 908 Devices | 395.76 Mn | 294.23 Mn | 8.34 Mn | 51.90% |
Historic Data
Download 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% |