908 DevicesMASS +2.87%70 Gross Margin % is 51.43% as of Mar. 2026, which is 3% below its 10-year median of 53.18. GuruFocus rates MASS with a GF Score™ of 70/100 and a GF Value™ of $6.91 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 805 Medical Devices & Instruments companies, 908 Devices ranks worse than 51.3% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. 908 Devices's Gross Profit for the
three
months ended in Mar. 2026 was $6.88 Mil. 908 Devices's Revenue for the
three
months ended in Mar. 2026 was $13.38 Mil. Therefore, 908 Devices's Gross Margin % for the quarter that ended in Mar. 2026 was 51.43%.
Warning Sign:
908 Devices Inc gross margin has been in long-term decline. The average rate of decline per year is -2.2%.
The historical rank and industry rank for 908 Devices's Gross Margin % or its related term are showing as below:
MASS'
s Gross Margin % Range Over the Past 10 Years
Min: 45.31 Med: 53.18 Max: 56.19
Current: 51.49
During the past 8 years, the highestGross Margin % of 908 Devices was 56.19%. The lowest was 45.31%. And the median was 53.18%.
MASS's Gross Margin % is ranked worse than 51.3% of 805
companies
in the Medical Devices & Instruments industry
Industry Median: 52.07
vs MASS: 51.49
908 Devices had a gross margin of 51.43% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for 908 Devices was -2.20% per year.
908 Devices (NAS:MASS) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
908 Devices had a gross margin of 51.43% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
908 Devices Gross Margin % Related Terms
908 Devices Gross Margin % Historical Data
* Premium members only.
The historical data trend for 908 Devices's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Medical Devices subindustry, 908 Devices's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
908 Devices Gross Margin % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, 908 Devices's Gross Margin % distribution charts can be found below:
* The bar in red indicates where 908 Devices's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
908 Devices (MASS) has a Gross Margin % of 51.43% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on 908 Devices and its competitors. This is near median its historical median of 53.18. Over the past decade, 908 Devices' Gross Margin % has ranged from 45.31 to 56.19. According to the industry distribution chart, 908 Devices ranks #413 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 51.3%.
Is 908 Devices' Gross Margin % too high?
908 Devices' current Gross Margin % of 51.43% is near median its 10-year median of 53.18. Over the past 10 years, this metric has ranged from a low of 45.31 to a high of 56.19. The Medical Devices & Instruments industry median Gross Margin % is 52.07. 908 Devices' value of 51.43% is 1.2% below this industry median. Based on the distribution chart, 908 Devices ranks #413 out of 805 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, 908 Devices has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 908 Devices' Gross Margin % compare to ELMD and SI?
According to the Medical Devices & Instruments industry distribution chart, 908 Devices ranks #413 out of 805 companies for Gross Margin %. This places 908 Devices in the lower half of its industry. The industry median Gross Margin % is 52.07. 908 Devices' value of 51.43% is 1.2% below this benchmark. Historically, 908 Devices' own Gross Margin % has ranged from 45.31 to 56.19 over the past decade. While the company's 10-year median is 53.18 vs. the industry median of 52.07, 908 Devices has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 52.07, based on 805 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 908 Devices's current Gross Margin % of 51.43% is 1.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on 908 Devices and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 908 Devices's current Gross Margin % is 51.43%, which is near median its own 10-year median of 53.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 908 Devices stock overvalued right now?
Based on GuruFocus' analysis, 908 Devices (MASS) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.91, compared to a current price of $8.98 — trading 30% above its estimated fair value. The current Gross Margin % is 51.43%, which is near median its 10-year median of 53.18 and 1.2% below the Medical Devices & Instruments industry median of 52.07. 908 Devices' overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For 908 Devices (MASS), the current Gross Margin % is 51.43% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is 908 Devices (MASS) Overvalued in 2026?
Based on GuruFocus' analysis, 908 Devices stock appears to be overvalued.
The current stock price of $8.98 is trading 30% above its estimated GF Value™ of $6.91.
GuruFocus considers 908 Devices to be Modestly Overvalued.
Key valuation signals for MASS:
Gross Margin %: 51.43% (near median its 10-year median of 53.18)
GF Value™: $6.91 vs. price of $8.98 (30% above fair value)
Industry Position: 1.2% below the Medical Devices & Instruments median (#413 of 805)
No single metric tells the full story. See the MASS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
908 Devices Inc develops a suite of purpose-built handheld devices for point-of-need chemical analysis. Leveraging mass spectrometry, optical spectroscopy, analytics and machine learning technologies, the company makes devices that are smaller and more accessible than conventional laboratory instruments. Its devices, including MX908, ThreatID, XplorIR and VipIR, are used to analyze unknown materials and provide actionable answers in health, safety and defense technology applications, addressing the fentanyl and illicit drug crisis, toxic carcinogen exposure and security threats. The company reimagines mass spectrometry technology by developing smaller, lower-cost and simpler-to-operate devices compared to conventional instruments, and generates maximum revenue from the United States.
70GF Score
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