---
title: "908 Devices Inc. 1Q 2026: Revenue $13.38M, EPS ($0.32) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285371710.md"
description: "908 Devices Inc. reported a revenue of $13.38M for Q1 2026, a 13.6% increase from the previous year. However, the net loss widened to $11.96M, or $0.32 per share, compared to a net income of $43.6M, or $1.23 per share, in the prior year. Product revenue grew 26% year-over-year, and gross margin improved to 52%. The company has placed 3,903 handheld units cumulatively, with 167 units in Q1 2026. The transition of the Desktop Portfolio to discontinued operations was completed, contributing to improved margins."
datetime: "2026-05-06T11:51:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285371710.md)
  - [en](https://longbridge.com/en/news/285371710.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285371710.md)
---

# 908 Devices Inc. 1Q 2026: Revenue $13.38M, EPS ($0.32) — 10-Q Summary

908 Devices Inc. reported first-quarter 2026 results with revenue rising to $13.38M while net loss widened to ($11.96M), or ($0.32) per share, compared with a prior-year net income of $43.6M, or $1.23 per share.

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

$13.38M

$11.78M

13.6%

Net income²

($11.96M)

$43.6M

(127.4%)

Diluted EPS³

($0.32)

$1.23

(126%)

_¹ Reported as “Total revenue”. ² Reported as “Net income (loss) attributable to common stockholders”. ³ Reported as “Net income (loss) per share attributable to common stockholders, basic and diluted”._

**Business Highlights**

-   Product revenue grew 26% year-over-year to $10.7M, driving the increase in total revenue to $13.4M for the quarter.
-   Shift in channel and mix toward higher-margin domestic federal, state and local device sales and fewer lower-margin international sales helped expand product gross margin to 52%, up about seven percentage points.
-   Cumulative handheld placements reached 3,903 units, with 167 units placed in 1Q 2026, supporting recurring revenue expansion.
-   Completed sale of the Desktop Portfolio in Q1 2025 and moved those operations to discontinued operations; transition services largely ended by June 30, 2025.
-   Lower facility costs following the Boston shutdown contributed to improved margins.

Original SEC Filing: 908 Devices Inc. \[ MASS \] - 10-Q - May. 06, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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