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908 Devices (MASS) Revenue & Revenue Breakdown

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908 Devices Revenue Highlights

Latest Revenue (Y)

$59.63M

Latest Revenue (Q)

$11.78M

Main Segment (Y)

Product and service revenue

Main Geography (Y)

UNITED STATES

908 Devices Revenue by Period

908 Devices Revenue by Year

DateRevenueChange
2024-12-31$59.63M18.72%
2023-12-31$50.23M7.21%
2022-12-31$46.85M11.01%
2021-12-31$42.21M56.93%
2020-12-31$26.89M49.64%
2019-12-31$17.97M-18.51%
2018-12-31$22.05M-

908 Devices generated $59.63M in revenue during NA 2024, up 18.72% compared to the previous quarter, and up 331.80% compared to the same period a year ago.

908 Devices Revenue by Quarter

DateRevenueChange
2025-03-31$11.78M-37.42%
2024-12-31$18.82M12.20%
2024-09-30$16.77M19.41%
2024-06-30$14.05M40.60%
2024-03-31$9.99M-30.38%
2023-12-31$14.35M0.38%
2023-09-30$14.30M18.22%
2023-06-30$12.09M27.48%
2023-03-31$9.49M-18.52%
2022-12-31$11.64M-26.30%
2022-09-30$15.80M42.24%
2022-06-30$11.11M33.71%
2022-03-31$8.31M-47.57%
2021-12-31$15.84M26.27%
2021-09-30$12.54M51.56%
2021-06-30$8.28M49.32%
2021-03-31$5.54M-3.04%
2020-12-31$5.72M-5.47%
2020-09-30$6.05M-45.65%
2020-06-30$11.13M178.13%
2020-03-31$4.00M-52.07%
2019-12-31$8.35M142.25%
2019-09-30$3.45M7.75%
2019-06-30$3.20M3.53%
2019-03-31$3.09M-

908 Devices generated $11.78M in revenue during Q1 2025, up -37.42% compared to the previous quarter, and up 82.06% compared to the same period a year ago.

908 Devices Revenue Breakdown

908 Devices Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21
Product and service revenue$59.63M$49.86M$16.51M$14.52M
Recurring$23.32M$16.48M--
Contract$317.00K$370.00K--
Device Sales$35.99M$33.38M--
Consumables and service--$15.72M$7.82M
Device sales--$28.76M$33.29M
License and contract revenue--$2.38M$1.10M

908 Devices's latest annual revenue breakdown by segment (product or service), as of Dec 24: Product and service revenue (50.00%), Device Sales (30.18%), Recurring (19.56%), and Contract (0.27%).

Quarterly Revenue by Product

Product/ServiceMar 25Dec 24Sep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Consumables and service$3.25M$5.88M$4.49M$2.85M$2.50M$2.43M$2.21M--------
Product$8.53M$6.18M$3.91M------------
Contract$63.00K$276.00K$41.00K-$145.00K$225.00K---------
Device Sales-$19.89M$10.64M$5.45M$23.13M$6.50M$3.75M--------
Recurring-$12.70M$6.09M$4.54M$11.73M$2.32M$2.43M--------
Product and service revenue-$32.91M$16.73M$9.99M$34.87M$8.82M$6.17M$7.11M$11.02M$6.94M$4.47M$11.28M$12.75M--
License and contract revenue-------$1.24M$360.00K$498.00K$277.00K$290.00K$600.00K--
Device sales-------$4.52M$10.95M$7.75M$5.53M$13.12M$10.07M--
License And Contract-------------$700.00K-
Product And Service-------------$9.71M$9.10M
Service-------------$1.73M$1.45M
Licence And Contract--------------$700.00K

908 Devices's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Product (72.04%), Consumables and service (27.43%), and Contract (0.53%).

908 Devices Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22Dec 21
UNITED STATES$41.97M$38.17M$37.59M-
Americas other$860.00K$853.00K$76.00K-
Asia Pacific$3.34M$1.82M$2.89M-
Europe, Middle East and Africa$13.46M$9.38M$6.29M$4.46M

908 Devices's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (70.37%), Europe, Middle East and Africa (22.58%), Asia Pacific (5.61%), and Americas other (1.44%).

Quarterly Revenue by Country

CountryMar 25Dec 24Sep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Americas other$130.00K$370.00K$198.00K$292.00K$361.00K$62.00K$430.00K--------
UNITED STATES$7.01M$21.08M$13.62M$7.27M$23.82M$7.86M$6.49M--------
Europe, Middle East and Africa$4.45M$8.84M$2.56M$2.06M$3.44M$3.95M$1.99M$1.33M$2.36M$1.25M$1.36M$1.45M$839.00K--
Asia Pacific$181.00K$2.62M$356.00K$371.00K$1.03M$221.00K$576.00K$617.00K$391.00K$883.00K$737.00K$423.00K---
Americas---------$9.47M$6.07M----
E M E A-------------$1.73M$446.00K
North America-------------$5.82M$4.67M

908 Devices's latest quarterly revenue breakdown by geography, as of Mar 25: UNITED STATES (59.54%), Europe, Middle East and Africa (37.82%), Asia Pacific (1.54%), and Americas other (1.10%).

908 Devices Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
ABTAbbott Laboratories$41.95B$10.36B
MDTMedtronic$32.36B$8.29B
SYKStryker$22.59B$5.87B
BSXBoston Scientific$16.75B$4.66B
EWEdwards Lifesciences$5.44B$1.41B
DXCMDexCom$3.62B$1.04B
CNMDCONMED$1.31B$321.26M
INMDInMode$492.05M$80.28M
NVRONevro$408.52M$104.16M
GKOSGlaukos$383.48M$106.66M
BFLYButterfly Network$82.06M$21.23M
MASS908 Devices$59.63M$11.78M
MGRMMonogram Orthopaedics--

MASS Revenue FAQ

What is 908 Devices’s yearly revenue?

908 Devices's yearly revenue for 2024 was $59.63M, representing an increase of 18.72% compared to 2023. The company's yearly revenue for 2023 was $50.23M, representing an increase of 7.21% compared to 2022. MASS's yearly revenue for 2022 was $46.85M, representing an increase of 11.01% compared to 2021.

What is 908 Devices’s quarterly revenue?

908 Devices's quarterly revenue for Q1 2025 was $11.78M, a -37.42% decrease from the previous quarter (Q4 2024), and a 17.88% increase year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $18.82M, a 12.20% increase from the previous quarter (Q3 2024), and a 31.14% increase year-over-year (Q4 2023). MASS's quarterly revenue for Q3 2024 was $16.77M, a 19.41% increase from the previous quarter (Q2 2024), and a 17.32% increase year-over-year (Q3 2023).

What is 908 Devices’s revenue growth rate?

908 Devices's revenue growth rate for the last 3 years (2022-2024) was 27.28%, and for the last 5 years (2020-2024) was 121.73%.

What are 908 Devices’s revenue streams?

908 Devices's revenue streams in c 24 are Product and service revenue, Recurring, Contract, and Device Sales. Product and service revenue generated $59.63M in revenue, accounting 50.00% of the company's total revenue, up 19.60% year-over-year. Recurring generated $23.32M in revenue, accounting 19.56% of the company's total revenue, up 41.52% year-over-year. Contract generated $317K in revenue, accounting 0.27% of the company's total revenue, down -14.32% year-over-year. Device Sales generated $35.99M in revenue, accounting 30.18% of the company's total revenue, up 7.83% year-over-year.

What is 908 Devices’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of 908 Devices was Product and service revenue. This segment made a revenue of $59.63M, representing 50.00% of the company's total revenue.