908 Devices (MASS) Balance Sheet: Assets & Liabilities

908 Devices (MASS) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), 908 Devices reported total assets of $190.07M and total liabilities of $46.37M. Shareholders' equity was $143.70M, up 25.4% from $114.59M a year earlier. Total debt stood at $16.71M against $112.97M in cash and short-term investments, a net cash position of $96.26M. That puts debt-to-equity at 0.12, compared with 0.04 a year earlier.

908 Devices Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for 908 Devices Inc. (MASS) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Current Assets
Cash and Cash Equivalents	70.52	43.36	121.04	188.42	224.07	159.23	17.91	7.07
Short-Term Investments	42.45	25.57	24.64	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	112.97	68.92	145.68	188.42	224.07	159.23	17.91	7.07
Accounts Receivable	11.33	8.85	8.99	10.03	16.38	6.83	5.08	6.34
Inventory	12.99	10.89	14.94	12.51	7.92	4.57	5.24	3.52
Other Current Assets	7.27	14.39	4.18	4.66	4.53	0.35	0.35	0.27
Total Current Assets	144.56	103.06	173.79	215.63	252.89	170.97	28.58	17.20
Non-Current Assets
Property, Plant & Equipment (Net)	8.63	5.44	9.58	7.04	6.79	7.14	8.57	10.01
Long-Term Investments	0.00	0.00	0.17	0.00	0.00	0.00	0.00	0.00
Goodwill	0.00	0.00	10.37	10.05	0.00	0.00	0.00	0.00
Intangible Assets	36.41	38.68	7.86	8.49	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.47	12.31	1.39	1.38	1.23	0.72	0.51	0.53
Total Non-Current Assets	45.51	56.42	29.19	26.96	8.01	7.86	9.08	10.55
Total Assets	190.07	159.48	202.98	242.59	260.91	178.83	37.66	27.75
Current Liabilities
Accounts Payable	1.59	1.37	1.19	1.40	1.37	1.00	0.58	0.65
Short-Term Debt	16.71	1.87	2.02	1.47	1.34	0.50	1.08	0.31
Current Portion of Long-Term Debt	-	-	-	-	-	0.50	-	-
Accrued Liabilities	6.84	7.20	2.72	3.94	6.96	3.77	-	-
Deferred Revenue	8.93	10.42	10.63	7.51	5.16	3.10	1.49	0.95
Other Current Liabilities	16.03	4.70	1.44	8.85	1.59	1.27	2.91	2.85
Total Current Liabilities	34.06	25.15	22.55	19.23	14.84	10.83	6.05	4.76
Non-Current Liabilities
Long-Term Debt	0.00	2.60	3.93	18.04	15.00	14.33	21.71	17.62
Deferred Tax Liabilities	0.00	2.03	2.44	2.67	0.00	0.00	0.00	-8.11
Other Non-Current Liabilities	8.36	17.14	11.01	0.56	11.96	0.19	72.50	55.18
Total Non-Current Liabilities	12.31	19.74	14.94	32.76	31.47	28.95	94.78	73.17
Total Liabilities	46.37	44.88	37.49	51.99	46.30	39.79	100.83	77.92
Stockholders' Equity
Common Stock	0.04	0.04	0.03	0.03	0.03	0.03	0.01	0.01
Retained Earnings	-223.32	-242.81	-170.60	-134.20	-100.64	-78.47	-65.65	-52.28
Accumulated Other Comprehensive Income	0.05	1.15	1.37	0.80	-	0.00	0.00	-2.46
Additional Paid-in Capital	366.93	356.22	334.69	323.97	315.21	217.48	2.48	-48.53
Shares Outstanding	36.32	35.10	32.52	31.86	31.08	-	-	-
Total Stockholders' Equity	143.70	114.59	165.49	190.60	214.60	139.04	-63.17	-50.18
Total Liabilities & Equity	190.07	159.48	202.98	242.59	260.91	178.83	37.66	27.75

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About 908 Devices Balance Sheet

How much debt does 908 Devices have?

908 Devices had total debt of $16.71M as of Dec 31, 2025, against $112.97M in cash and short-term investments. Its debt-to-equity ratio was 0.12. Total debt was $4.46M a year earlier.

What are 908 Devices's total assets?

908 Devices reported total assets of $190.07M as of Dec 31, 2025, up 19.2% from $159.48M a year earlier. Total liabilities were $46.37M.

What is 908 Devices's shareholders' equity?

908 Devices's shareholders' equity was $143.70M as of Dec 31, 2025, or about $3.96 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition