908 Devices (MASS) Research & Development (2020 - 2026)
908 Devices' (MASS) quarterly Research & Development came in at $3.6 million in Q2 2026, down 18.32% year-over-year from $4.4 million in Q2 2025, and up 3.66% quarter-over-quarter from $3.5 million in Q1 2026.
Analysis
908 Devices (MASS) Research & Development (2020 - 2026) Analysis & Trends
908 Devices (MASS) has reported Research & Development for 7 consecutive years, with $3.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development fell 18.32% year-over-year to $3.6 million in Q2 2026; TTM through Jun 2026 was $14.4 million, a 11.81% decrease from a year earlier, with the FY2025 full-year figure at $15.6 million, up 3.92% from the prior year.
- Research & Development was $3.6 million for Q2 2026 at 908 Devices, up from $3.5 million in the prior quarter.
- Over five years, Research & Development peaked at $5.5 million in Q3 2023 and troughed at $3.3 million in Q1 2024.
- A 5-year average of $4.3 million and a median of $4.1 million in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development soared 41.31% in 2022 and slumped 39.01% in 2024, its largest moves.
- Over 5 years, Research & Development stood at $4.7 million in 2022, then grew by 16.77% to $5.4 million in 2023, then dropped by 28.36% to $3.9 million in 2024, then declined by 10.15% to $3.5 million in 2025, then climbed by 2.68% to $3.6 million in 2026.
- The last three Research & Development figures came in at $3.6 million (Q2 2026), $3.5 million (Q1 2026), and $3.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 121.06 Bn | 117.27 Bn | 2.45 Bn | - |
| 2 | General Dynamics | 95.40 Bn | 91.07 Bn | 6.76 Bn | - |
| 3 | Motorola Solutions | 76.70 Bn | 75.99 Bn | 1.68 Bn | 260.00 Mn |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | - |
| 5 | L3Harris Technologies | 46.93 Bn | 45.41 Bn | 1.50 Bn | - |
| 6 | Elbit Systems | 32.74 Bn | 31.78 Bn | 579.01 Mn | 103.20 Mn |
| 7 | Teledyne Technologies | 27.64 Bn | 27.30 Bn | 738.10 Mn | 90.20 Mn |
| 8 | Curtiss Wright | 20.89 Bn | 20.41 Bn | 364.09 Mn | 25.14 Mn |
| 9 | Leidos Holdings | 16.26 Bn | 15.51 Bn | 817.00 Mn | - |
| 10 | 908 Devices | 362.37 Mn | 260.84 Mn | 8.34 Mn | 3.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.60 Mn |
| Mar 31, 2026 | 3.47 Mn |
| Dec 31, 2025 | 3.50 Mn |
| Sep 30, 2025 | 3.84 Mn |
| Jun 30, 2025 | 4.41 Mn |
| Mar 31, 2025 | 3.83 Mn |
| Dec 31, 2024 | 3.90 Mn |
| Sep 30, 2024 | 4.21 Mn |
| Jun 30, 2024 | 3.59 Mn |
| Mar 31, 2024 | 3.29 Mn |
| Dec 31, 2023 | 5.44 Mn |
| Sep 30, 2023 | 5.54 Mn |
| Jun 30, 2023 | 5.53 Mn |
| Mar 31, 2023 | 5.40 Mn |
| Dec 31, 2022 | 4.66 Mn |
| Sep 30, 2022 | 4.67 Mn |
| Jun 30, 2022 | 4.29 Mn |
| Mar 31, 2022 | 3.91 Mn |
| Dec 31, 2021 | 3.75 Mn |
| Sep 30, 2021 | 3.30 Mn |