908 Devices (MASS) Research & Development (2020 - 2026)
908 Devices (MASS) posted Research & Development of $3.6 million for Q2 2026, down 18.3% from $4.41 million a year earlier but up 3.7% from the prior quarter.
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Analysis
908 Devices (MASS) Research & Development (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at 908 Devices was $14.41 million, down 11.8% year-over-year; for FY2025, it was $15.58 million, up 3.9% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 13.6% (FY2020 to FY2025).
- In prior years, 908 Devices' Research & Development was $14.99 million in FY2024 (-31.6%), $21.9 million in FY2023 (+25.0%), $17.53 million in FY2022 (+34.1%) and $13.07 million in FY2021 (+58.7%).
- Quarterly Research & Development has run from a low of $3.29 million in Q1 2024 to a high of $5.54 million in Q3 2023 over five years.
- On a year-over-year basis, Research & Development has declined in each of the last four quarters, with an average decline of 7.5% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was Q3 2021, with growth of 69.2%; the weakest was Q1 2024, with a decline of 39.0%.
- According to Business Quant data, Research & Development for the three prior quarters was $3.47 million (Q1 2026), $3.5 million (Q4 2025) and $3.84 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | 460.00 Mn |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 726.00 Mn |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 8.00 Mn |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | - |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 260.00 Mn |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | - |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 524.00 Mn |
| 10 | 908 Devices | 443.77 Mn | 5.47 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 |
API Access
908 Devices Research & Development 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=research-and-development&ticker=MASS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=MASS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();