908 Devices (MASS) Research & Development (2020 - 2026)
908 Devices (MASS) posted quarterly Research & Development of $3.5 million for Q1 2026, down 9.35% year-over-year from $3.8 million in Q1 2025, and down 0.94% quarter-over-quarter from $3.5 million in Q4 2025.
908 Devices (MASS) Research & Development (2020 - 2026) Analysis & Trends
908 Devices (MASS) has reported Research & Development for 7 consecutive years, with $3.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 9.35% year-over-year to $3.5 million; the TTM figure through Mar 2026 stood at $15.2 million (down 1.98% YoY), while the FY2025 annual figure was $15.6 million, up 3.92% from the prior year.
- Research & Development eased to $3.5 million in Q1 2026 per MASS's latest filing, from $3.5 million in the prior quarter.
- Across five years, Research & Development topped out at $5.5 million in Q3 2023 and bottomed at $3.3 million in Q1 2024.
- Historically, Research & Development has averaged $4.3 million across 5 years, with a median of $4.2 million in 2024.
- Annual changes were most pronounced in 2022 — Research & Development jumped 41.31% — and 2024, when it sank 39.01%.
- 908 Devices' Research & Development stood at $4.7 million in 2022, then rose by 16.77% to $5.4 million in 2023, then fell by 28.36% to $3.9 million in 2024, then retreated by 10.15% to $3.5 million in 2025, then dropped by 0.94% to $3.5 million in 2026.
- Business Quant data shows MASS's Research & Development at $3.5 million in Q1 2026, $3.5 million in Q4 2025, and $3.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.08 Bn | 194.48 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Stryker | 129.71 Bn | 126.23 Bn | 4.50 Bn | 434.00 Mn |
| 3 | Medtronic | 120.07 Bn | 110.85 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 74.08 Bn | 73.54 Bn | 3.85 Bn | 554.00 Mn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 278.90 Mn |
| 6 | Dexcom | 34.51 Bn | 32.56 Bn | 830.00 Mn | 153.00 Mn |
| 7 | GE HealthCare Technologies | 34.03 Bn | 31.92 Bn | 2.18 Bn | 323.00 Mn |
| 8 | Koninklijke Philips | 26.51 Bn | 23.19 Bn | 4.55 Bn | -562.58 Mn |
| 9 | Steris | 23.20 Bn | 22.72 Bn | 684.20 Mn | 28.60 Mn |
| 10 | 908 Devices | 388.74 Mn | 287.21 Mn | 8.34 Mn | 3.60 Mn |
Historic Data
Download 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 |