908 Devices Q2 FY26 adjusted EBITDA loss narrows 50% to $1.9 million; revenue rises 23% to $16.1 million
MASS•Product shipments and outlook
The company shipped more than 35 VipIR units in the quarter, including 18 to a major South Asia law enforcement agency; it has surpassed 100 units shipped since launch.
908 Devices raised its 2026 revenue outlook to $68 million-$70 million from $67 million-$70 million, and said it secured a subsequent $6 million ProtectIR order in Asia-Pacific.
Q2 revenue and profitability improve
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.
