908 Devices

Q2 FY2026 EarningsQ2 FY26 results beat consensus on both top and bottom lines, with revenue of $16.1M (+23% YoY) exceeding the $15.4M estimate and Adjusted EBITDA loss of $1.9M coming in better than the anticipated cash flow burn. While GAAP EPS of -$0.32 missed the -$0.17 consensus due to a $6.4M non-cash contingent consideration charge, adjusted gross margins of 57% were in-line. Management raised the low end of FY26 revenue guidance to $68M–$70M, signaling confidence in sustained U.S. state and local government demand.