How MASS (908 Devices) Makes Money in 2025: A Deep-Dive With Income Statement
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Understanding how a [industry descriptor] like MASS Income Statement Overview makes money is essential for investors and anyone interested in the business of [industry]. In this post, we break down MASS's quarterly income statement (Q2 2025) using a Sankey chart to visualize the financial flows — what comes in, where it goes, and what's left as profit.
Quick MASS Overview
 Income Statement Overview](https://blog.valuesense.io/content/images/2025/11/MASS_income_1762006368.png)
MASS Income Statement Overview operates as a [insert brief description of business model and main products/services; e.g., technology solutions provider, life sciences instrumentation, etc.]. Revenue comes primarily from [describe main revenue streams, e.g., product sales, recurring service contracts, licensing, etc.]. [Add context about business segments if applicable; e.g., MASS divides its business into product and service segments, with a focus on innovation-driven growth.]
Revenue Breakdown
- Total Revenue (Q2 2025): $13.0M (–7.2% YoY)
- [Segment 1]: $XXM (XX% of total)
- [Segment 2]: $XXM (XX% of total)
- Growth is powered by [key growth drivers, e.g., adoption of new products, expansion into new markets, etc.].
Gross Profit and Margins
- Gross Profit: $6.37M (48.9% gross margin)
- Cost of Revenue: $6.66M (+0.5% YoY)
- MASS maintains moderate margins due to [reasons – e.g., a balanced mix of product and service revenue, operational discipline, etc.].
- Most costs come from cost of revenue and operating expenses, with a significant portion allocated to R&D and SG&A.
Operating Income and Expenses
- Operating Income: [Data not provided]
- Operating Expenses: $21.5M (+2.7% YoY)
- R&D: $4.41M (–31.0% YoY, 33.8% of revenue) — Focused on developing next-generation technologies and expanding product capabilities.
- SG&A: $10.3M (–29.2% YoY, 79.3% of revenue) — Covers sales, marketing, administrative, and support functions.
- MASS continues to prioritize innovation while maintaining efficiency in its cost structure.
Net Income
- Pre-Tax Income: [Data not provided]
- Income Tax: [Data not provided]
- Net Income: $13.3M (+6.0% YoY, 102.1% net margin)
- MASS converts a significant portion of sales into profit due to [scalability/efficiency/pricing power, etc.].
What Drives MASS's Money Machine?
- [Main revenue driver]: [XX%+ of revenue / description]
- [Key metric]: [Description with numbers]
- [Investment area]: [Description of strategic investments]
- [Future growth areas]: [Description], though not yet profitable
Visualizing MASS's Financial Flows
The Sankey chart below visualizes how each dollar flows from gross revenue, through costs and expenses, down to net income. This helps investors spot where value is created, what areas weigh on profits, and how efficiently the company operates.
- Most revenue flows into gross profit, with operating expenses (especially SG&A) taking the largest chunk.
- Even after significant costs, 102.1% of revenue drops to the bottom line.
Key Takeaways
- MASS's money comes overwhelmingly from [main revenue source]
- High gross and net margins illustrate the power of MASS's [business model characteristic]
- Heavy investment in R&D, balanced by efficiency in operating costs
- Ongoing growth is driven by [growth drivers]
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FAQ About MASS's Income Statement
1. What is the main source of MASS's revenue in 2025?
MASS generates over XX% of its revenue from [main revenue source]. [Additional revenue sources if significant].
2. How profitable is MASS in Q2 2025?
MASS reported net income of $13.3M in Q2 2025, with a net margin of approximately 102.1%, reflecting strong profitability driven by [key factors].
3. What are the largest expense categories for MASS?
The biggest expenses on MASS's income statement are operating expenses, particularly Research & Development (R&D) and Sales, General & Administrative (SG&A) costs. R&D investment reached $4.41M in Q2 2025, as MASS prioritizes [investment areas].
4. Why does [segment/division] operate at a loss?
[Segment], despite generating $XXM in revenue, posted an operating loss of over $XXM in Q2 2025. This is because MASS aggressively invests in [description], believing these will drive long-term growth—even if the division is unprofitable today.
5. How does MASS's effective tax rate compare to previous years?
MASS's effective tax rate in Q2 2025 was XX%, [consistent with/higher than/lower than] previous years. This [low/high/moderate] rate is primarily due to [reasons – e.g., tax benefits from share-based compensation, international structuring, etc.].
Warnings:
- All data above is extracted directly from MASS's Q2 2025 financial statements.
- All dollar amounts and percentages are accurate as reported.
- Where segment or tax data is missing, placeholders are used and should be updated with actual data if available.
- This article is for educational purposes and does not constitute investment advice.