908 Devices Q2 FY26 adjusted EBITDA loss narrows 50% to $1.9 million; revenue rises 23% to $16.1 million

Reuters2026/08/11 11:02

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908 Devices posted Q2 2026 revenue of $16.1 million, up 23% year-over-year, with GAAP net loss from continuing operations narrowing to $11.9 million.
GAAP gross margin rose to 52%, up 3 percentage points year-over-year; recurring revenue totaled $4.9 million, representing 31% of revenue.
Non-GAAP adjusted EBITDA loss narrowed to $1.9 million from a year earlier; cash, cash equivalents and marketable securities ended at $101.5 million.
Shipped more than 35 VipIR units in the quarter, including 18 to a major South Asia law enforcement agency; surpassed 100 units shipped since launch.
Raised 2026 revenue outlook to $68 million-$70 million from $67 million-$70 million; secured a subsequent $6 million ProtectIR order in Asia-Pacific.

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: 20260811472580) on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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908 Devices Q2 FY26 adjusted EBITDA loss narrows 50% to $1.9 million; revenue rises 23% to $16.1 million

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