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Side-by-side financial comparison of Granite Point Mortgage Trust Inc. (GPMT) and 908 Devices Inc. (MASS). Click either name above to swap in a different company.

Granite Point Mortgage Trust Inc. is the larger business by last-quarter revenue ($29.1M vs $17.4M, roughly 1.7× 908 Devices Inc.). 908 Devices Inc. runs the higher net margin — 24.0% vs -81.9%, a 105.9% gap on every dollar of revenue. On growth, 908 Devices Inc. posted the faster year-over-year revenue change (21.2% vs -24.9%). Over the past eight quarters, 908 Devices Inc.'s revenue compounded faster (53.0% CAGR vs 52.3%).

Granite Point Mortgage Trust Inc. is a U.S.-based real estate finance company that primarily originates, manages and invests in senior secured commercial real estate debt instruments. Its core portfolio covers loans backed by multifamily, office, industrial, retail and other commercial property types across key U.S. regional markets, serving institutional and commercial real estate operator clients.

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.

GPMT vs MASS — Head-to-Head

Bigger by revenue
GPMT
GPMT
1.7× larger
GPMT
$29.1M
$17.4M
MASS
Growing faster (revenue YoY)
MASS
MASS
+46.1% gap
MASS
21.2%
-24.9%
GPMT
Higher net margin
MASS
MASS
105.9% more per $
MASS
24.0%
-81.9%
GPMT
Faster 2-yr revenue CAGR
MASS
MASS
Annualised
MASS
53.0%
52.3%
GPMT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GPMT
GPMT
MASS
MASS
Revenue
$29.1M
$17.4M
Net Profit
$-23.8M
$4.2M
Gross Margin
52.7%
Operating Margin
-81.9%
17.8%
Net Margin
-81.9%
24.0%
Revenue YoY
-24.9%
21.2%
Net Profit YoY
38.7%
121.5%
EPS (diluted)
$-0.58
$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
GPMT
GPMT
MASS
MASS
Q4 25
$29.1M
$17.4M
Q3 25
$33.7M
$14.0M
Q2 25
$33.8M
$13.0M
Q1 25
$35.1M
$11.8M
Q4 24
$38.7M
$14.3M
Q3 24
$44.3M
$14.5M
Q2 24
$48.5M
$11.5M
Q1 24
$12.5M
$7.4M
Net Profit
GPMT
GPMT
MASS
MASS
Q4 25
$-23.8M
$4.2M
Q3 25
$3.0M
$-15.0M
Q2 25
$-13.4M
$-13.3M
Q1 25
$-7.0M
$43.6M
Q4 24
$-38.8M
$-19.4M
Q3 24
$-31.0M
$-29.3M
Q2 24
$-63.1M
$-12.5M
Q1 24
$-74.1M
$-10.9M
Gross Margin
GPMT
GPMT
MASS
MASS
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%
Q1 24
52.4%
Operating Margin
GPMT
GPMT
MASS
MASS
Q4 25
-81.9%
17.8%
Q3 25
9.2%
-116.6%
Q2 25
-39.5%
-116.3%
Q1 25
-19.8%
-93.6%
Q4 24
-100.3%
-116.8%
Q3 24
-70.0%
-168.7%
Q2 24
-130.1%
-74.5%
Q1 24
-591.9%
-102.5%
Net Margin
GPMT
GPMT
MASS
MASS
Q4 25
-81.9%
24.0%
Q3 25
9.0%
-107.0%
Q2 25
-39.5%
-102.1%
Q1 25
-20.0%
370.2%
Q4 24
-100.3%
-135.6%
Q3 24
-70.0%
-201.8%
Q2 24
-130.1%
-109.5%
Q1 24
-591.9%
-147.1%
EPS (diluted)
GPMT
GPMT
MASS
MASS
Q4 25
$-0.58
$0.09
Q3 25
$-0.01
$-0.41
Q2 25
$-0.35
$-0.37
Q1 25
$-0.22
$1.23
Q4 24
$-0.86
$-0.58
Q3 24
$-0.69
$-0.84
Q2 24
$-1.31
$-0.37
Q1 24
$-1.53
$-0.33

Balance Sheet & Financial Strength

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

Metric
GPMT
GPMT
MASS
MASS
Cash + ST InvestmentsLiquidity on hand
$66.0M
$113.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$552.7M
$143.7M
Total Assets
$1.8B
$190.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPMT
GPMT
MASS
MASS
Q4 25
$66.0M
$113.0M
Q3 25
$62.7M
$112.1M
Q2 25
$85.1M
$118.6M
Q1 25
$85.7M
$124.3M
Q4 24
$87.8M
$69.6M
Q3 24
$113.5M
$71.7M
Q2 24
$85.9M
$77.4M
Q1 24
$155.2M
$134.2M
Stockholders' Equity
GPMT
GPMT
MASS
MASS
Q4 25
$552.7M
$143.7M
Q3 25
$582.0M
$136.3M
Q2 25
$584.2M
$148.8M
Q1 25
$604.7M
$159.4M
Q4 24
$619.1M
$114.6M
Q3 24
$667.8M
$131.0M
Q2 24
$704.6M
$156.4M
Q1 24
$774.1M
$156.9M
Total Assets
GPMT
GPMT
MASS
MASS
Q4 25
$1.8B
$190.1M
Q3 25
$1.8B
$190.9M
Q2 25
$1.9B
$191.7M
Q1 25
$2.0B
$196.0M
Q4 24
$2.1B
$159.5M
Q3 24
$2.3B
$178.3M
Q2 24
$2.5B
$208.8M
Q1 24
$2.7B
$189.8M

Cash Flow & Capital Efficiency

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

Metric
GPMT
GPMT
MASS
MASS
Operating Cash FlowLast quarter
$2.7M
$1.3M
Free Cash FlowOCF − Capex
$1.3M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
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
GPMT
GPMT
MASS
MASS
Q4 25
$2.7M
$1.3M
Q3 25
$4.5M
$-4.2M
Q2 25
$736.0K
$-5.8M
Q1 25
$-5.7M
$-15.0M
Q4 24
$8.8M
$-2.2M
Q3 24
$6.1M
$-5.6M
Q2 24
$987.0K
$-13.0M
Q1 24
$1.7M
$-9.4M
Free Cash Flow
GPMT
GPMT
MASS
MASS
Q4 25
$1.3M
Q3 25
$-4.9M
Q2 25
$-5.9M
Q1 25
$-15.2M
Q4 24
$-2.4M
Q3 24
$-5.8M
Q2 24
$-13.7M
Q1 24
$-10.3M
FCF Margin
GPMT
GPMT
MASS
MASS
Q4 25
7.6%
Q3 25
-34.9%
Q2 25
-45.3%
Q1 25
-128.9%
Q4 24
-17.0%
Q3 24
-39.7%
Q2 24
-119.4%
Q1 24
-138.2%
Capex Intensity
GPMT
GPMT
MASS
MASS
Q4 25
0.0%
Q3 25
4.9%
Q2 25
0.9%
Q1 25
1.4%
Q4 24
1.3%
Q3 24
1.1%
Q2 24
5.6%
Q1 24
12.2%
Cash Conversion
GPMT
GPMT
MASS
MASS
Q4 25
0.32×
Q3 25
1.49×
Q2 25
Q1 25
-0.34×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

GPMT
GPMT

Segment breakdown not available.

MASS
MASS

Products$14.3M82%
Services$3.0M18%

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