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Side-by-side financial comparison of Five Point Holdings, LLC (FPH) and 908 Devices Inc. (MASS). Click either name above to swap in a different company.

908 Devices Inc. is the larger business by last-quarter revenue ($17.4M vs $13.6M, roughly 1.3× Five Point Holdings, LLC). 908 Devices Inc. runs the higher net margin — 24.0% vs -16.4%, a 40.4% gap on every dollar of revenue. On growth, 908 Devices Inc. posted the faster year-over-year revenue change (21.2% vs 3.2%). Over the past eight quarters, 908 Devices Inc.'s revenue compounded faster (53.0% CAGR vs -48.5%).

Five Point Holdings, LLC is a leading U.S. real estate development company that focuses on planning and constructing large-scale master-planned mixed-use communities in high-demand markets across California. Its projects integrate residential housing, commercial office spaces, retail outlets, public amenities and recreational facilities to build vibrant, sustainable living and working environments for local populations.

908 Devices Inc. develops and manufactures portable, high-performance mass spectrometry devices and analytical solutions. Its products serve use cases across life science research, biopharmaceutical manufacturing, public safety, forensics, and industrial process monitoring, catering to global customers including research institutions, pharmaceutical firms and government agencies.

FPH vs MASS — Head-to-Head

Bigger by revenue
MASS
MASS
1.3× larger
MASS
$17.4M
$13.6M
FPH
Growing faster (revenue YoY)
MASS
MASS
+18.0% gap
MASS
21.2%
3.2%
FPH
Higher net margin
MASS
MASS
40.4% more per $
MASS
24.0%
-16.4%
FPH
Faster 2-yr revenue CAGR
MASS
MASS
Annualised
MASS
53.0%
-48.5%
FPH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FPH
FPH
MASS
MASS
Revenue
$13.6M
$17.4M
Net Profit
$-2.2M
$4.2M
Gross Margin
52.7%
Operating Margin
-43.5%
17.8%
Net Margin
-16.4%
24.0%
Revenue YoY
3.2%
21.2%
Net Profit YoY
-109.6%
121.5%
EPS (diluted)
$0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FPH
FPH
MASS
MASS
Q1 26
$13.6M
Q4 25
$75.9M
$17.4M
Q3 25
$13.5M
$14.0M
Q2 25
$7.5M
$13.0M
Q1 25
$13.2M
$11.8M
Q4 24
$159.8M
$14.3M
Q3 24
$17.0M
$14.5M
Q2 24
$51.2M
$11.5M
Net Profit
FPH
FPH
MASS
MASS
Q1 26
$-2.2M
Q4 25
$58.7M
$4.2M
Q3 25
$21.1M
$-15.0M
Q2 25
$3.3M
$-13.3M
Q1 25
$23.3M
$43.6M
Q4 24
$121.0M
$-19.4M
Q3 24
$4.8M
$-29.3M
Q2 24
$14.7M
$-12.5M
Gross Margin
FPH
FPH
MASS
MASS
Q1 26
Q4 25
52.7%
Q3 25
52.5%
Q2 25
48.9%
Q1 25
47.0%
Q4 24
46.5%
Q3 24
53.6%
Q2 24
53.8%
Operating Margin
FPH
FPH
MASS
MASS
Q1 26
-43.5%
Q4 25
89.0%
17.8%
Q3 25
-116.6%
Q2 25
-116.3%
Q1 25
-93.6%
Q4 24
87.5%
-116.8%
Q3 24
83.6%
-168.7%
Q2 24
86.1%
-74.5%
Net Margin
FPH
FPH
MASS
MASS
Q1 26
-16.4%
Q4 25
77.3%
24.0%
Q3 25
156.2%
-107.0%
Q2 25
44.4%
-102.1%
Q1 25
177.0%
370.2%
Q4 24
75.7%
-135.6%
Q3 24
28.0%
-201.8%
Q2 24
28.8%
-109.5%
EPS (diluted)
FPH
FPH
MASS
MASS
Q1 26
Q4 25
$0.09
Q3 25
$-0.41
Q2 25
$-0.37
Q1 25
$1.23
Q4 24
$-0.58
Q3 24
$-0.84
Q2 24
$-0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FPH
FPH
MASS
MASS
Cash + ST InvestmentsLiquidity on hand
$332.6M
$113.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.3B
$143.7M
Total Assets
$3.2B
$190.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FPH
FPH
MASS
MASS
Q1 26
$332.6M
Q4 25
$425.5M
$113.0M
Q3 25
$351.1M
$112.1M
Q2 25
$456.6M
$118.6M
Q1 25
$528.3M
$124.3M
Q4 24
$430.9M
$69.6M
Q3 24
$224.5M
$71.7M
Q2 24
$217.4M
$77.4M
Stockholders' Equity
FPH
FPH
MASS
MASS
Q1 26
$2.3B
Q4 25
$2.3B
$143.7M
Q3 25
$2.3B
$136.3M
Q2 25
$2.2B
$148.8M
Q1 25
$2.2B
$159.4M
Q4 24
$2.2B
$114.6M
Q3 24
$2.0B
$131.0M
Q2 24
$2.0B
$156.4M
Total Assets
FPH
FPH
MASS
MASS
Q1 26
$3.2B
Q4 25
$3.2B
$190.1M
Q3 25
$3.2B
$190.9M
Q2 25
$3.2B
$191.7M
Q1 25
$3.2B
$196.0M
Q4 24
$3.1B
$159.5M
Q3 24
$2.9B
$178.3M
Q2 24
$2.9B
$208.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FPH
FPH
MASS
MASS
Operating Cash FlowLast quarter
$-44.5M
$1.3M
Free Cash FlowOCF − Capex
$1.3M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
0.0%
0.0%
Cash ConversionOCF / Net Profit
0.32×
TTM Free Cash FlowTrailing 4 quarters
$-24.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FPH
FPH
MASS
MASS
Q1 26
$-44.5M
Q4 25
$105.2M
$1.3M
Q3 25
$40.4M
$-4.2M
Q2 25
$-71.6M
$-5.8M
Q1 25
$56.7M
$-15.0M
Q4 24
$116.0M
$-2.2M
Q3 24
$-18.0M
$-5.6M
Q2 24
$-23.2M
$-13.0M
Free Cash Flow
FPH
FPH
MASS
MASS
Q1 26
Q4 25
$105.0M
$1.3M
Q3 25
$-4.9M
Q2 25
$-71.7M
$-5.9M
Q1 25
$56.7M
$-15.2M
Q4 24
$115.2M
$-2.4M
Q3 24
$-18.2M
$-5.8M
Q2 24
$-23.6M
$-13.7M
FCF Margin
FPH
FPH
MASS
MASS
Q1 26
Q4 25
138.4%
7.6%
Q3 25
-34.9%
Q2 25
-959.3%
-45.3%
Q1 25
430.9%
-128.9%
Q4 24
72.1%
-17.0%
Q3 24
-106.9%
-39.7%
Q2 24
-46.1%
-119.4%
Capex Intensity
FPH
FPH
MASS
MASS
Q1 26
0.0%
Q4 25
0.3%
0.0%
Q3 25
0.0%
4.9%
Q2 25
0.8%
0.9%
Q1 25
0.3%
1.4%
Q4 24
0.5%
1.3%
Q3 24
1.3%
1.1%
Q2 24
0.7%
5.6%
Cash Conversion
FPH
FPH
MASS
MASS
Q1 26
Q4 25
1.79×
0.32×
Q3 25
1.92×
Q2 25
-21.58×
Q1 25
2.44×
-0.34×
Q4 24
0.96×
Q3 24
-3.77×
Q2 24
-1.58×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FPH
FPH

Segment breakdown not available.

MASS
MASS

Products$14.3M82%
Services$3.0M18%

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