908 Devices MASS
NASDAQ MASS
$9.59 -0.22 (-2.24%)
As of: Sep 9, 2026 · 2:47 PM EDT

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

Historic Data

Download Data
DateValue
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