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908 Devices (MASS) Revenue & Revenue Breakdown

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908 Devices Revenue Highlights

Latest Revenue (Y)

$50.23M

Latest Revenue (Q)

$16.77M

Main Segment (Y)

Product and service revenue

Main Geography (Y)

UNITED STATES

908 Devices Revenue by Period

908 Devices Revenue by Year

DateRevenueChange
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 $50.23M in revenue during NA 2023, up 7.21% compared to the previous quarter, and up 227.75% compared to the same period a year ago.

908 Devices Revenue by Quarter

DateRevenueChange
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 $16.77M in revenue during Q3 2024, up 19.41% compared to the previous quarter, and up 138.69% compared to the same period a year ago.

908 Devices Revenue Breakdown

908 Devices Revenue Breakdown by Product

Annual Revenue by Product

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

908 Devices's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product and service revenue (49.82%), Device Sales (33.35%), Recurring (16.47%), and Contract (0.37%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Recurring$6.09M$4.54M$11.73M$2.32M$2.43M--------
Contract$41.00K-$145.00K$225.00K---------
Product and service revenue$16.73M$9.99M$34.87M$8.82M$6.17M$7.11M$11.02M$6.94M$4.47M$11.28M$12.75M--
Device Sales$10.64M$5.45M$23.13M$6.50M$3.75M--------
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--
Consumables and service-----$5.88M$4.49M$2.85M$2.50M$2.43M$2.21M--
Product-----------$6.18M$3.91M
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 Sep 24: Product and service revenue (49.94%), Device Sales (31.77%), Recurring (18.17%), and Contract (0.12%).

908 Devices Revenue Breakdown by Country

Annual Revenue by Country

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

908 Devices's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (76.00%), Europe, Middle East and Africa (18.67%), Asia Pacific (3.63%), and Americas other (1.70%).

Quarterly Revenue by Country

CountrySep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Europe, Middle East and Africa$2.56M$2.06M$3.44M$3.95M$1.99M$1.33M$2.36M$1.25M$1.36M$1.45M$839.00K--
Americas other$198.00K$292.00K$361.00K$62.00K$430.00K--------
UNITED STATES$13.62M$7.27M$23.82M$7.86M$6.49M--------
Asia Pacific$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 Sep 24: UNITED STATES (81.38%), Europe, Middle East and Africa (15.31%), Asia Pacific (2.13%), and Americas other (1.18%).

908 Devices Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
ABTAbbott Laboratories$40.11B$10.63B
MDTMedtronic$32.36B$8.40B
SYKStryker$20.50B$5.49B
BSXBoston Scientific$12.68B$3.39B
EWEdwards Lifesciences$6.00B$1.35B
DXCMDexCom$3.62B$994.20M
CNMDCONMED$1.24B$316.70M
NARIInari Medical$493.63M$153.39M
INMDInMode$492.05M$80.28M
NVRONevro$425.17M$104.16M
GKOSGlaukos$314.71M$96.67M
BFLYButterfly Network$65.90M$20.56M
MASS908 Devices$50.23M$16.77M
MGRMMonogram Orthopaedics$365.00K-

MASS Revenue FAQ

What is 908 Devices’s yearly revenue?

908 Devices's yearly revenue for 2023 was $50.23M, representing an increase of 7.21% compared to 2022. The company's yearly revenue for 2022 was $46.85M, representing an increase of 11.01% compared to 2021. MASS's yearly revenue for 2021 was $42.21M, representing an increase of 56.93% compared to 2020.

What is 908 Devices’s quarterly revenue?

908 Devices'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). The company's quarterly revenue for Q2 2024 was $14.05M, a 40.60% increase from the previous quarter (Q1 2024), and a 16.15% increase year-over-year (Q2 2023). MASS's quarterly revenue for Q1 2024 was $9.99M, a -30.38% decrease from the previous quarter (Q4 2023), and a 5.31% increase year-over-year (Q1 2023).

What is 908 Devices’s revenue growth rate?

908 Devices's revenue growth rate for the last 3 years (2021-2023) was 19.01%, and for the last 5 years (2019-2023) was 179.48%.

What are 908 Devices’s revenue streams?

908 Devices's revenue streams in c 23 are Device Sales, Product and service revenue, Recurring, and Contract. Device Sales generated $33.38M in revenue, accounting 33.35% of the company's total revenue Product and service revenue generated $49.86M in revenue, accounting 49.82% of the company's total revenue, up 201.99% year-over-year. Recurring generated $16.48M in revenue, accounting 16.47% of the company's total revenue Contract generated $370K in revenue, accounting 0.37% of the company's total revenue

What is 908 Devices’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of 908 Devices was Product and service revenue. This segment made a revenue of $49.86M, representing 49.82% of the company's total revenue.