908 Devices Inc. reported third quarter 2025 revenue of $14.0 million, a decrease of 4% compared to the same period in the prior year, primarily due to lower handheld product and service revenue from fewer mass spec device placements. Net loss attributable to common stockholders was $15.0 million, compared to $29.3 million in the prior year period. Year-to-date revenue increased 16%. The company held $112.1 million in cash, cash equivalents, and marketable securities as of September 30, 2025, with no outstanding debt. 908 Devices reiterated its full-year 2025 revenue guidance of $54.0 million to $56.0 million, representing 13% to 17% growth over 2024. The installed base grew 27% year-over-year to 3,512 devices, with 176 devices placed in the third quarter. Recurring revenue accounted for 35% of total revenues in the quarter.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 908 Devices Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251110883680) on November 10, 2025, and is solely responsible for the information contained therein.
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