908 Devices (MASS) Revenue & Revenue Breakdown
908 Devices Revenue Highlights
Latest Revenue (Y)
$50.23M
Latest Revenue (Q)
$14.05M
Main Segment (Y)
Product and service revenue
Main Geography (Y)
UNITED STATES
908 Devices Revenue by Period
908 Devices Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $50.23M | 7.21% |
| 2022-12-31 | $46.85M | 11.01% |
| 2021-12-31 | $42.21M | 56.93% |
| 2020-12-31 | $26.89M | 49.64% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $14.05M | 40.60% |
| 2024-03-31 | $9.99M | -30.38% |
| 2023-12-31 | $14.35M | 0.38% |
| 2023-09-30 | $14.30M | 18.22% |
| 2023-06-30 | $12.09M | 27.48% |
| 2023-03-31 | $9.49M | -18.52% |
| 2022-12-31 | $11.64M | -26.30% |
| 2022-09-30 | $15.80M | 42.24% |
| 2022-06-30 | $11.11M | 33.71% |
| 2022-03-31 | $8.31M | -47.57% |
| 2021-12-31 | $15.84M | 26.27% |
| 2021-09-30 | $12.54M | 51.56% |
| 2021-06-30 | $8.28M | 49.32% |
| 2021-03-31 | $5.54M | -3.04% |
| 2020-12-31 | $5.72M | -5.47% |
| 2020-09-30 | $6.05M | -45.65% |
| 2020-06-30 | $11.13M | 178.13% |
| 2020-03-31 | $4.00M | -52.07% |
| 2019-12-31 | $8.35M | 142.25% |
| 2019-09-30 | $3.45M | 7.75% |
| 2019-06-30 | $3.20M | 3.53% |
| 2019-03-31 | $3.09M | - |
908 Devices generated $14.05M in revenue during Q2 2024, up 40.60% compared to the previous quarter, and up 148.07% compared to the same period a year ago.
908 Devices Revenue Breakdown
908 Devices Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Contract | $370.00K | - | - |
| Product and service revenue | $49.86M | $16.51M | $14.52M |
| Device Sales | $33.38M | - | - |
| Recurring | $16.48M | - | - |
| 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/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Recurring | $4.54M | $11.73M | $2.32M | $2.43M | - | - | - | - | - | - | - | - |
| Product and service revenue | $9.99M | $34.87M | $8.82M | $6.17M | $7.11M | $11.02M | $6.94M | $4.47M | $11.28M | $12.75M | - | - |
| Device Sales | $5.45M | $23.13M | $6.50M | $3.75M | - | - | - | - | - | - | - | - |
| Contract | - | - | $145.00K | $225.00K | - | - | - | - | - | - | - | - |
| 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 | - | - |
| License and contract revenue | - | - | - | - | $1.24M | $360.00K | $498.00K | $277.00K | $290.00K | $600.00K | - | - |
| 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 Mar 24: Product and service revenue (50.00%), Device Sales (27.28%), and Recurring (22.72%).
908 Devices Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Americas other | $853.00K | $76.00K | - |
| UNITED STATES | $38.17M | $37.59M | - |
| Europe, Middle East and Africa | $9.38M | $6.29M | $4.46M |
| Asia Pacific | $1.82M | $2.89M | - |
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
| Country | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNITED STATES | $7.27M | $23.82M | $7.86M | $6.49M | - | - | - | - | - | - | - | - |
| Asia Pacific | $371.00K | $1.03M | $221.00K | $576.00K | $617.00K | $391.00K | $883.00K | $737.00K | $423.00K | - | - | - |
| Europe, Middle East and Africa | $2.06M | $3.44M | $3.95M | $1.99M | $1.33M | $2.36M | $1.25M | $1.36M | $1.45M | $839.00K | - | - |
| Americas other | $292.00K | $361.00K | $62.00K | $430.00K | - | - | - | - | - | - | - | - |
| Americas | - | - | - | - | - | - | $9.47M | $6.07M | - | - | - | - |
| North America | - | - | - | - | - | - | - | - | - | - | $5.82M | $4.67M |
| E M E A | - | - | - | - | - | - | - | - | - | - | $1.73M | $446.00K |
908 Devices's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (72.73%), Europe, Middle East and Africa (20.64%), Asia Pacific (3.71%), and Americas other (2.92%).
908 Devices Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ABT | Abbott Laboratories | $40.11B | $10.38B |
| MDT | Medtronic | $32.36B | $7.92B |
| SYK | Stryker | $20.50B | $5.42B |
| EW | Edwards Lifesciences | $6.00B | $1.39B |
| DXCM | DexCom | $3.62B | $1.00B |
| CNMD | CONMED | $1.24B | $332.10M |
| NARI | Inari Medical | $493.63M | $145.82M |
| INMD | InMode | $492.05M | $80.28M |
| NVRO | Nevro | $425.17M | $101.90M |
| GKOS | Glaukos | $314.71M | $95.69M |
| BFLY | Butterfly Network | $65.90M | $21.49M |
| MASS | 908 Devices | $50.23M | $14.05M |
| MGRM | Monogram 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 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). The company'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). MASS's quarterly revenue for Q4 2023 was $14.35M, a 0.38% increase from the previous quarter (Q3 2023), and a 23.26% increase year-over-year (Q4 2022).
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 Contract, Product and service revenue, Device Sales, and Recurring. Contract generated $370K in revenue, accounting 0.37% 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. Device Sales generated $33.38M in revenue, accounting 33.35% of the company's total revenue Recurring generated $16.48M in revenue, accounting 16.47% 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.