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Momentus (MNTSW) Financials

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$0.01 0.00 (0.00%)
Closing price 07/10/2026 03:58 PM Eastern
Extended Trading
$0.01 0.00 (-5.67%)
As of 07/10/2026 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Annual Income Statements for Momentus

Annual Income Statements for Momentus

This table shows Momentus' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -307 121 -95 -69 -35 -31
Consolidated Net Income / (Loss)		 -307 121 -95 -69 -35 -30
Net Income / (Loss) Continuing Operations		 -307 121 -95 -69 -35 -30
Total Pre-Tax Income 		-307 121 -95 -69 -35 -30
Total Revenue		 -0.12 0.31 0.13 3.07 1.93 1.11
Net Interest Income / (Expense)		 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Income		 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
Total Non-Interest Income		 -0.12 0.31 0.13 3.07 1.93 1.11
Service Charges on Deposit Accounts		 0.00 0.33 0.00 0.00 0.00 0.00
Net Realized & Unrealized Capital Gains on Investments		 -0.48 -0.02 -0.17 -0.02 -0.19 0.00
Other Non-Interest Income		 0.37 0.00 0.30 3.09 2.11 1.11
Total Non-Interest Expense		 35 100 92 71 36 31
Marketing Expense		 23 51 42 34 9.78 9.19
Other Operating Expenses		 12 49 50 37 22 19
Other Special Charges		 - - - 0.00 4.26 2.83
Nonoperating Income / (Expense), net		 -272 220 -4.00 -0.73 -0.82 -0.39
Basic Earnings per Share		 ($4.90) $1.85 ($58.53) ($323.96) ($414.01) ($49.10)
Weighted Average Basic Shares Outstanding		 62.64M 65.18M 1.63M 212.74K 84.41K 622.94K
Diluted Earnings per Share		 ($4.90) $1.70 ($58.53) ($323.96) ($414.01) ($49.10)
Weighted Average Diluted Shares Outstanding		 62.64M 70.92M 1.63M 212.74K 84.41K 622.94K
Weighted Average Basic & Diluted Shares Outstanding		 4.86M 81.21M 94.06M - 4.78M 5.73M

Quarterly Income Statements for Momentus

This table shows Momentus' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 -15 -14 -8.31 -7.02 -7.76 -12 -6.17 -6.45 -11 -6.89 -9.48
Consolidated Net Income / (Loss)		 -15 -14 -8.31 -7.02 -7.76 -12 -6.17 -6.45 -11 -6.77 -9.48
Net Income / (Loss) Continuing Operations		 -15 -14 -8.31 -7.07 -7.76 -12 -6.16 -6.45 -11 -6.77 -9.48
Total Pre-Tax Income 		-15 -14 -8.31 -7.02 -7.76 -12 -6.17 -6.45 -11 -6.77 -9.48
Total Revenue		 0.34 1.02 0.51 1.15 -0.03 0.29 0.32 0.19 0.23 0.36 2.89
Net Interest Income / (Expense)		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Interest Income		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Interest Expense		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Non-Interest Income		 0.34 1.02 0.51 1.15 -0.03 0.29 0.32 0.19 0.23 0.36 2.89
Service Charges on Deposit Accounts		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Net Realized & Unrealized Capital Gains on Investments		 0.00 - - -0.06 -0.13 - 0.00 0.00 0.00 - -0.33
Other Non-Interest Income		 0.34 1.02 0.51 1.21 0.11 0.29 0.32 0.19 0.23 0.36 3.22
Total Non-Interest Expense		 15 15 8.84 8.17 7.70 11 6.51 6.14 9.38 9.23 12
Marketing Expense		 5.99 8.04 2.68 2.85 2.21 2.05 1.92 2.19 2.33 2.75 4.17
Other Operating Expenses		 9.41 6.83 6.16 5.32 5.50 5.03 4.59 3.94 4.15 6.49 7.74
Other Special Charges		 - - 0.00 - 0.00 - - - 2.90 - 0.00
Nonoperating Income / (Expense), net		 -0.09 -0.26 0.01 0.00 -0.03 -0.80 0.01 -0.51 -1.93 2.10 -0.46
Basic Earnings per Share		 ($7.20) ($66.28) ($9.25) ($5.92) ($6.26) ($140.49) ($29.29) ($1.23) ($1.08) ($11.06) ($2.15)
Weighted Average Basic Shares Outstanding		 2.11M 212.74K 899.07K 1.19M 1.24M 84.41K 210.72K 5.23M 10.28M 622.94K 4.40M
Diluted Earnings per Share		 ($7.20) ($66.28) ($9.25) ($5.92) ($6.26) ($140.49) ($29.29) ($1.23) ($1.08) ($11.06) ($2.15)
Weighted Average Diluted Shares Outstanding		 2.11M 212.74K 899.07K 1.19M 1.24M 84.41K 210.72K 5.23M 10.28M 622.94K 4.40M
Weighted Average Basic & Diluted Shares Outstanding		 6.56M 0.00 25.54M - 25.54M 4.78M 5.54M 11.63M 24.15M 5.73M 9.99M

Annual Cash Flow Statements for Momentus

This table details how cash moves in and out of Momentus' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 11 137 -98 -60 -0.92 11
Net Cash From Operating Activities		 -33 -87 -88 -62 -17 -23
Net Cash From Continuing Operating Activities		 -33 -87 -88 -62 -17 -23
Net Income / (Loss) Continuing Operations		 -307 121 -95 -69 -35 -30
Consolidated Net Income / (Loss)		 -307 121 -95 -69 -35 -30
Depreciation Expense		 0.59 1.09 1.09 0.89 0.86 1.29
Amortization Expense		 0.12 12 3.85 1.36 1.31 0.24
Non-Cash Adjustments to Reconcile Net Income		 7.93 -218 11 10 11 9.17
Changes in Operating Assets and Liabilities, net		 266 -1.70 -8.45 -5.48 5.26 -3.51
Net Cash From Investing Activities		 -1.60 -3.09 -0.73 -0.02 0.09 -0.01
Net Cash From Continuing Investing Activities		 -1.60 -3.09 -0.73 -0.02 0.09 -0.01
Purchase of Property, Leasehold Improvements and Equipment		 -1.50 -2.97 -0.58 -0.09 0.00 -0.01
Purchase of Investment Securities		 -0.10 -0.12 -0.18 -0.04 -0.04 0.00
Sale of Property, Leasehold Improvements and Equipment		 - 0.00 0.03 0.11 0.14 0.00
Net Cash From Financing Activities		 45 227 -9.51 1.92 16 35
Net Cash From Continuing Financing Activities		 45 227 -9.51 1.92 16 35
Issuance of Debt		 47 56 0.27 0.00 7.80 2.25
Issuance of Common Equity		 0.00 238 0.00 19 16 23
Repayment of Debt		 -2.54 -6.06 -9.70 -13 -6.23 -2.62
Repurchase of Common Equity		 0.00 -40 0.00 -10 0.00 -1.51
Other Financing Activities, Net		 0.09 -21 -0.09 5.88 -1.68 14

Quarterly Cash Flow Statements for Momentus

This table details how cash moves in and out of Momentus' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 -12 -8.02 -0.44 -0.77 0.02 0.27 1.83 -3.27 0.54 12 11
Net Cash From Operating Activities		 -13 -16 -5.25 -1.12 -4.50 -5.74 -4.18 -3.25 -5.32 -11 -5.81
Net Cash From Continuing Operating Activities		 -13 -16 -5.25 -1.12 -4.50 -5.74 -4.18 -3.25 -5.32 -11 -5.81
Net Income / (Loss) Continuing Operations		 -15 -14 -8.31 -7.02 -7.76 -12 -6.17 -6.45 -11 -6.77 -9.48
Consolidated Net Income / (Loss)		 -15 -14 -8.31 -7.02 -7.76 -12 -6.17 -6.45 -11 -6.77 -9.48
Depreciation Expense		 0.22 0.23 0.22 0.22 0.21 0.20 0.32 0.32 0.32 0.32 0.33
Amortization Expense		 -0.25 0.18 0.05 - 0.04 1.22 -0.26 -0.07 0.14 0.48 0.88
Non-Cash Adjustments to Reconcile Net Income		 0.79 5.44 1.53 1.76 2.34 5.29 1.00 2.18 4.38 0.98 0.92
Changes in Operating Assets and Liabilities, net		 1.64 -7.58 1.26 3.91 0.66 -0.58 0.93 0.76 0.91 -5.54 1.54
Net Cash From Investing Activities		 0.01 -0.01 -0.04 -0.00 0.13 - 0.00 - - -0.01 -0.19
Net Cash From Continuing Investing Activities		 0.01 -0.01 -0.04 -0.00 0.13 - 0.00 - - -0.01 -0.19
Purchase of Property, Leasehold Improvements and Equipment		 -0.04 - - - - - 0.00 - - - -0.20
Sale of Property, Leasehold Improvements and Equipment		 0.05 - - - - - 0.00 - - - 0.01
Net Cash From Financing Activities		 1.11 7.83 4.85 0.35 4.39 6.01 6.00 -0.02 5.86 23 17
Net Cash From Continuing Financing Activities		 1.11 7.83 4.85 0.35 4.39 6.01 6.00 -0.02 5.86 23 17
Issuance of Common Equity		 5.03 4.00 8.00 - 2.75 4.96 5.00 0.57 3.43 14 18
Repayment of Debt		 -3.29 -3.39 -2.32 - - -3.91 -0.29 -0.46 -1.56 -0.31 -0.78
Repurchase of Common Equity		 - - 0.00 - - - -0.18 -0.03 -0.29 -1.01 0.00
Other Financing Activities, Net		 -0.59 7.22 -0.83 - -0.31 -0.54 1.47 -0.28 2.21 11 -0.83

Annual Balance Sheets for Momentus

This table presents Momentus' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 174 36 186 92 21 9.95 40
Cash and Due from Banks		 1.09 23 160 61 2.12 1.57 13
Restricted Cash		 173 0.10 0.51 1.32 0.37 0.00 0.06
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 - 2.32 4.83 4.02 3.25 2.18 0.95
Intangible Assets		 - 0.31 0.35 0.34 0.34 0.25 0.20
Other Assets		 0.27 7.98 20 25 15 5.95 26
Total Liabilities & Shareholders' Equity		 174 36 186 92 21 9.95 40
Total Liabilities		 15 326 54 54 17 18 23
Short-Term Debt		 0.05 1.86 24 25 6.35 11 7.56
Accrued Interest Payable		 0.15 3.32 9.79 8.03 4.75 3.01 2.27
Other Short-Term Payables		 - 2.13 5.08 10 0.01 0.77 6.24
Other Long-Term Liabilities		 15 4.04 15 8.19 6.35 2.75 7.11
Commitments & Contingencies		 0.00 - 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 5.00 -289 132 39 3.19 -7.81 17
Total Preferred & Common Equity		 5.00 -289 132 39 3.19 -7.81 17
Preferred Stock		 0.00 - - 0.00 0.00 0.00 0.00
Total Common Equity		 5.00 -289 132 39 3.19 -7.81 17
Common Stock		 0.00 40 341 343 376 400 456
Retained Earnings		 5.00 -329 -209 -304 -373 -408 -439

Quarterly Balance Sheets for Momentus

This table presents Momentus' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 33 19 15 14 12 9.19 20 46
Cash and Due from Banks		 9.75 1.67 0.90 0.80 3.40 0.13 0.67 23
Restricted Cash		 0.76 0.38 0.38 0.50 - - - 0.11
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 3.35 3.05 2.84 2.37 1.87 1.56 1.25 0.50
Intangible Assets		 0.33 0.35 0.28 0.27 0.24 0.23 0.21 0.19
Other Assets		 19 13 11 10 6.22 6.59 17 22
Total Liabilities & Shareholders' Equity		 33 19 15 14 12 9.19 20 46
Total Liabilities		 29 15 17 20 18 19 20 19
Short-Term Debt		 9.50 4.13 5.29 9.37 10 12 9.98 6.36
Accrued Interest Payable		 7.42 4.46 5.19 3.63 2.89 3.39 3.69 2.24
Other Short-Term Payables		 6.18 1.03 1.03 1.03 4.02 3.58 3.66 2.99
Other Long-Term Liabilities		 6.10 5.64 5.30 5.48 0.73 0.19 2.97 7.10
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 4.29 3.49 -1.80 -5.40 -5.97 -9.97 -0.69 27
Total Preferred & Common Equity		 4.29 3.49 -1.80 -5.40 -5.97 -9.97 -0.69 27
Preferred Stock		 - 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 4.29 3.49 -1.80 -5.40 -5.97 -9.97 -0.69 27
Common Stock		 363 385 387 391 408 411 431 475
Retained Earnings		 -359 -381 -388 -396 -414 -421 -432 -448

Annual Metrics And Ratios for Momentus

This table displays calculated financial ratios and metrics derived from Momentus' official financial filings.

Metric 2020 2021 2022 2023 2024 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 22,107,500.00 81,211,781.00 84,149,721.00 6,562,221.00 25,540,419.00 24,148,662.00
DEI Adjusted Shares Outstanding		 1,769.00 6,500.00 6,735.00 26,259.00 102,203.00 1,352,866.00
DEI Earnings Per Adjusted Shares Outstanding		 -173,559.64 18,562.15 -14,171.34 -2,624.62 -341.93 -22.52
Growth Metrics		 - - - - - -
Revenue Growth		 0.00% 367.52% -58.15% 2,245.04% -37.30% -42.37%
EBITDA Growth		 0.00% -152.47% 0.53% 23.77% 51.52% 10.69%
EBIT Growth		 0.00% -183.88% 8.35% 25.43% 49.95% 11.86%
NOPAT Growth		 0.00% -305.55% 35.85% 25.43% 49.95% 11.86%
Net Income Growth		 0.00% 139.30% -179.11% 27.79% 49.29% 12.81%
EPS Growth		 0.00% 134.69% -179.11% 27.79% 49.29% 88.14%
Operating Cash Flow Growth		 0.00% -166.53% -1.36% 29.65% 73.13% -40.12%
Free Cash Flow Firm Growth		 0.00% 0.00% 111.30% -66.10% -302.92% -138.00%
Invested Capital Growth		 0.00% 481.03% -57.64% -85.56% -64.04% 620.54%
Revenue Q/Q Growth		 0.00% 119.06% 172.92% 45.25% -27.70% 7.56%
EBITDA Q/Q Growth		 0.00% 7.03% 0.59% 9.09% 10.63% 5.24%
EBIT Q/Q Growth		 0.00% 2.61% 3.74% 9.67% 7.55% 6.79%
NOPAT Q/Q Growth		 0.00% -89.23% 3.74% 9.67% 7.55% 6.79%
Net Income Q/Q Growth		 0.00% 260.55% -29.44% 13.04% 6.03% 14.31%
EPS Q/Q Growth		 0.00% 237.10% -29.44% 13.04% 6.03% -1,319.08%
Operating Cash Flow Q/Q Growth		 0.00% -6.57% 0.48% 0.89% 37.82% -25.93%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 556.61% -60.91% -11.01% -51.68%
Invested Capital Q/Q Growth		 0.00% 4.01% -25.85% -30.86% -13.61% 166.05%
Profitability Metrics		 - - - - - -
EBITDA Margin		 0.00% -27,781.79% -66,030.53% -2,146.42% -1,659.76% -2,571.98%
EBIT Margin		 0.00% -31,877.96% -69,803.82% -2,219.69% -1,772.01% -2,710.09%
Profit (Net Income) Margin		 0.00% 38,547.60% -72,858.02% -2,243.49% -1,814.43% -2,744.86%
Tax Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Interest Burden Percent		 873.52% -120.92% 104.38% 101.07% 102.39% 101.28%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% -109.21% -57.69% -126.34% -368.65% -149.73%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 20.34% -179.93% -251.82% -494.40% -249.85%
Return on Net Nonoperating Assets (RNNOA)		 0.00% -43.92% -54.27% -203.47% 1,880.48% -503.39%
Return on Equity (ROE)		 471.56% -153.13% -111.96% -329.81% 1,511.83% -653.12%
Cash Return on Invested Capital (CROIC)		 0.00% -250.47% 23.30% 23.20% -274.44% -300.98%
Operating Return on Assets (OROA)		 0.00% -89.83% -65.73% -120.61% -223.06% -119.68%
Return on Assets (ROA)		 0.00% 108.63% -68.60% -121.90% -228.40% -121.22%
Return on Common Equity (ROCE)		 1,030.18% -153.13% -111.96% -329.81% 1,511.83% -653.12%
Return on Equity Simple (ROE_SIMPLE)		 106.06% 91.48% -247.22% -2,162.54% 447.45% -177.76%
Net Operating Profit after Tax (NOPAT)		 -25 -100 -64 -48 -24 -21
NOPAT Margin		 0.00% -31,877.43% -48,862.67% -1,553.79% -1,240.41% -1,897.06%
Net Nonoperating Expense Percent (NNEP)		 89.29% -129.55% 122.24% 125.49% 125.75% 100.12%
SG&A Expenses to Revenue		 0.00% 16,396.49% 31,848.09% 1,118.20% 507.89% 827.93%
Operating Expenses to Revenue		 0.00% 31,977.96% 69,903.82% 2,319.69% 1,872.01% 2,810.09%
Earnings before Interest and Taxes (EBIT)		 -35 -100 -91 -68 -34 -30
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -34 -87 -87 -66 -32 -29
Valuation Ratios		 - - - - - -
Price to Book Value (P/BV)		 0.00 2.55 1.70 3.56 0.00 0.38
Price to Tangible Book Value (P/TBV)		 0.00 2.56 1.71 3.99 0.00 0.39
Price to Revenue (P/Rev)		 0.00 1,076.12 500.98 3.70 7.51 5.94
Price to Earnings (P/E)		 0.00 2.79 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 35.82% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 25.73 1.28 0.46 1.60 7.04 0.05
Enterprise Value to Revenue (EV/Rev)		 0.00 639.89 233.88 4.95 12.53 1.16
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 1.19 1.74 0.00 0.00
Leverage & Solvency		 - - - - - -
Debt to Equity		 -1.09 0.18 0.71 1.99 -1.44 0.44
Long-Term Debt to Equity		 -1.09 0.00 0.06 0.00 0.00 0.00
Financial Leverage		 -1.09 -2.16 0.30 0.81 -3.80 2.01
Leverage Ratio		 -1.62 -1.41 1.63 2.71 -6.62 5.39
Compound Leverage Factor		 -14.12 1.70 1.70 2.73 -6.78 5.46
Debt to Total Capital		 1,178.87% 15.40% 41.53% 66.57% 327.83% 30.61%
Short-Term Debt to Total Capital		 6.94% 15.40% 37.89% 66.57% 327.83% 30.61%
Long-Term Debt to Total Capital		 1,171.93% 0.00% 3.64% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 -1,078.87% 84.60% 58.47% 33.43% -227.83% 69.39%
Debt to EBITDA		 -9.18 -0.28 -0.32 -0.10 -0.35 -0.26
Net Debt to EBITDA		 -8.51 1.57 0.40 -0.06 -0.30 0.19
Long-Term Debt to EBITDA		 -9.13 0.00 -0.03 0.00 0.00 0.00
Debt to NOPAT		 -12.86 -0.24 -0.43 -0.13 -0.47 -0.36
Net Debt to NOPAT		 -11.92 1.37 0.55 -0.08 -0.40 0.25
Long-Term Debt to NOPAT		 -12.78 0.00 -0.04 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 -118.46% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - -
Cash Flow Metrics		 - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -229 26 8.76 -18 -42
Operating Cash Flow to CapEx		 -2,166.05% -2,917.63% -16,008.56% 0.00% 0.00% -193,958.33%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - -
Asset Turnover		 0.00 0.00 0.00 0.05 0.13 0.04
Fixed Asset Turnover		 0.00 0.09 0.03 0.85 0.71 0.71
Capital & Investment Metrics		 - - - - - -
Invested Capital		 27 156 66 9.53 3.43 25
Invested Capital Turnover		 0.00 0.00 0.00 0.08 0.30 0.08
Increase / (Decrease) in Invested Capital		 0.00 129 -90 -56 -6.11 21
Enterprise Value (EV)		 690 200 31 15 24 1.29
Market Capitalization		 397 337 66 11 14 6.59
Book Value per Share		 ($13.09) $1.64 $0.46 $0.49 ($0.31) $0.71
Tangible Book Value per Share		 ($13.11) $1.63 $0.45 $0.43 ($0.32) $0.70
Total Capital		 27 156 66 9.53 3.43 25
Total Debt		 316 24 27 6.35 11 7.56
Total Long-Term Debt		 314 0.00 2.40 0.00 0.00 0.00
Net Debt		 293 -137 -35 3.86 9.67 -5.30
Capital Expenditures (CapEx)		 1.50 2.97 0.55 -0.02 -0.14 0.01
Net Nonoperating Expense (NNE)		 282 -220 31 21 11 9.41
Net Nonoperating Obligations (NNO)		 316 24 27 6.35 11 7.56
Total Depreciation and Amortization (D&A)		 0.71 13 4.94 2.25 2.16 1.53
Earnings Adjustments		 - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $92.50 ($58.50) ($323.82) ($413.94) ($49.10)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 1.30M 1.63M 212.85K 84.44K 622.94K
Adjusted Diluted Earnings per Share		 $0.00 $85.00 ($58.50) ($323.82) ($413.94) ($49.10)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 1.42M 1.63M 212.85K 84.44K 622.94K
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 1.62M 1.88M 0.00 267.67K 5.73M
Normalized Net Operating Profit after Tax (NOPAT)		 -25 -100 -64 -48 -21 -19
Normalized NOPAT Margin		 0.00% -31,877.43% -48,862.67% -1,553.79% -1,085.65% -1,718.78%
Pre Tax Income Margin		 0.00% 38,548.24% -72,858.02% -2,243.49% -1,814.43% -2,744.86%
Debt Service Ratios		 - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 33.15% 0.00% -14.51% 0.00% -4.95%

Quarterly Metrics And Ratios for Momentus

This table displays calculated financial ratios and metrics derived from Momentus' official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 195,733,512.00 6,562,221.00 6,562,221.00 42,166,323.00 25,540,419.00 25,540,419.00 4,777,866.00 5,536,616.00 11,634,365.00 24,148,662.00 5,730,006.00
DEI Adjusted Shares Outstanding		 15,665.00 26,259.00 26,259.00 168,733.00 102,203.00 102,203.00 267,668.00 310,175.00 651,785.00 1,352,866.00 5,730,006.00
DEI Earnings Per Adjusted Shares Outstanding		 -967.70 -537.00 -316.58 -41.58 -75.91 -116.03 -23.06 -20.79 -16.99 -5.01 -1.65
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 303.57% 1,450.00% 2,231.82% -31.64% -107.67% -72.14% -37.23% -83.45% 1,000.00% 27.37% 797.21%
EBITDA Growth		 26.38% 32.91% 58.41% 62.28% 50.52% 28.29% 24.10% 16.34% -16.22% 16.37% -27.74%
EBIT Growth		 30.52% 34.53% 59.12% 62.88% 48.72% 20.14% 25.72% 15.32% -18.35% 19.81% -45.80%
NOPAT Growth		 30.52% 34.53% 59.12% 62.88% 48.72% 20.14% 25.72% 15.32% -18.35% 19.81% -45.80%
Net Income Growth		 28.82% 42.30% 60.08% 62.75% 48.82% 15.90% 25.75% 8.07% -42.74% 42.90% -53.60%
EPS Growth		 44.53% 42.30% 60.08% 62.75% 48.82% 15.90% 25.75% 79.22% 82.75% 92.13% 92.66%
Operating Cash Flow Growth		 50.07% 3.37% 71.90% 92.29% 64.73% 63.78% 20.52% -189.65% -18.29% -83.55% -39.26%
Free Cash Flow Firm Growth		 41.77% -37.64% -55.10% -75.83% -93.18% -103.49% -102.69% -116.17% -365.58% -1,580.77% -4,288.16%
Invested Capital Growth		 -84.52% -85.56% -82.57% -86.12% -71.22% -64.04% -46.17% -41.52% 133.97% 620.54% 717.96%
Revenue Q/Q Growth		 -79.92% 201.77% -49.85% 124.95% -102.25% 1,196.15% 12.98% -40.68% 22.51% 55.13% 695.87%
EBITDA Q/Q Growth		 16.23% 10.95% 40.05% 15.65% -9.89% -29.05% 36.55% 7.04% -52.66% 7.14% 3.08%
EBIT Q/Q Growth		 20.33% 8.10% 39.86% 15.71% -10.07% -43.11% 44.06% 2.99% -53.84% 3.03% -1.70%
NOPAT Q/Q Growth		 20.33% 8.10% 39.86% 15.71% -10.07% -43.11% 44.06% 2.99% -53.84% 3.03% -1.70%
Net Income Q/Q Growth		 19.52% 6.98% 41.05% 15.60% -10.58% -52.86% 47.96% -4.50% -71.69% 38.85% -39.99%
EPS Q/Q Growth		 26.61% 6.98% 41.05% 15.60% -10.58% -52.86% 47.96% 25.00% 12.20% -924.07% 80.56%
Operating Cash Flow Q/Q Growth		 12.20% -24.14% 66.84% 78.66% -301.43% -27.49% 27.23% 22.23% -63.94% -97.82% 44.79%
Free Cash Flow Firm Q/Q Growth		 -6.69% -27.68% -35.40% -44.57% -73.68% -137.06% 50.18% -250.28% -332.23% -134.53% -30.07%
Invested Capital Q/Q Growth		 -45.21% -30.86% -20.13% -54.14% 13.63% -13.61% 19.57% -50.18% 354.65% 166.05% 35.74%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 -4,453.10% -1,314.08% -1,570.96% -589.08% 0.00% -3,382.46% -1,899.69% -2,977.49% -3,710.26% -2,220.94% -270.47%
EBIT Margin		 -4,444.25% -1,353.37% -1,623.20% -608.23% 0.00% -3,879.65% -1,920.81% -3,112.04% -3,907.69% -2,442.70% -312.15%
Profit (Net Income) Margin		 -4,471.68% -1,378.40% -1,620.47% -607.97% 0.00% -4,161.05% -1,916.77% -3,376.96% -4,732.48% -1,865.56% -328.14%
Tax Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Interest Burden Percent		 100.62% 101.85% 99.83% 99.96% 100.41% 107.25% 99.79% 108.51% 121.11% 76.37% 105.12%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 -127.96% -77.03% -157.85% -90.00% 0.00% -807.12% -398.33% -607.79% -426.04% -134.95% -42.71%
ROIC Less NNEP Spread (ROIC-NNEP)		 -151.82% -103.15% -184.19% -113.76% 0.00% -853.97% -424.28% -634.25% -474.34% -140.97% -81.25%
Return on Net Nonoperating Assets (RNNOA)		 -91.45% -83.34% -107.13% -183.68% 0.00% 3,248.16% 2,422.51% 932.54% 1,505.16% -284.02% -63.01%
Return on Equity (ROE)		 -219.40% -160.37% -264.98% -273.68% 0.00% 2,441.04% 2,024.18% 324.75% 1,079.12% -418.97% -105.71%
Cash Return on Invested Capital (CROIC)		 43.61% 23.20% -12.63% -64.94% -180.47% -274.44% -322.31% -728.15% -421.17% -300.98% -278.89%
Operating Return on Assets (OROA)		 -132.21% -73.54% -132.07% -57.82% 0.00% -488.36% -218.78% -198.57% -239.29% -107.87% -39.86%
Return on Assets (ROA)		 -133.03% -74.90% -131.85% -57.80% 0.00% -523.79% -218.32% -215.47% -289.80% -82.38% -41.90%
Return on Common Equity (ROCE)		 -219.40% -160.37% -264.98% -273.68% 0.00% 2,441.04% 2,024.18% 324.75% 1,079.12% -418.97% -105.71%
Return on Equity Simple (ROE_SIMPLE)		 -1,846.67% 0.00% -1,618.59% 2,482.68% 688.16% 0.00% 549.31% 323.33% 0.00% 0.00% -124.34%
Net Operating Profit after Tax (NOPAT)		 -11 -9.69 -5.83 -4.91 -5.41 -7.74 -4.33 -4.16 -6.40 -6.21 -6.31
NOPAT Margin		 -3,110.97% -947.36% -1,136.24% -425.76% 0.00% -2,715.75% -1,344.57% -2,178.43% -2,735.38% -1,709.89% -218.50%
Net Nonoperating Expense Percent (NNEP)		 23.86% 26.12% 26.34% 23.76% 24.91% 46.85% 25.95% 26.46% 48.30% 6.01% 38.55%
SG&A Expenses to Revenue		 1,767.55% 785.53% 521.64% 246.97% 0.00% 719.65% 594.72% 1,148.17% 994.87% 758.68% 144.31%
Operating Expenses to Revenue		 4,544.25% 1,453.37% 1,723.20% 708.23% 0.00% 3,979.65% 2,020.81% 3,212.04% 4,007.69% 2,542.70% 412.15%
Earnings before Interest and Taxes (EBIT)		 -15 -14 -8.33 -7.02 -7.73 -11 -6.19 -5.94 -9.14 -8.87 -9.02
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -15 -13 -8.06 -6.80 -7.47 -9.64 -6.12 -5.69 -8.68 -8.06 -7.81
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.91 3.56 0.81 0.00 0.00 0.00 0.00 0.00 0.00 0.38 0.78
Price to Tangible Book Value (P/TBV)		 0.99 3.99 0.90 0.00 0.00 0.00 0.00 0.00 0.00 0.39 0.78
Price to Revenue (P/Rev)		 1.85 3.70 0.80 2.94 2.76 7.51 2.10 8.75 14.88 5.94 5.73
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.21 1.60 0.65 3.70 3.89 7.04 2.52 9.13 2.66 0.05 0.12
Enterprise Value to Revenue (EV/Rev)		 1.37 4.95 1.38 4.26 5.79 12.53 5.95 24.14 23.90 1.16 1.05
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.13 1.74 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 2.21 1.99 1.18 -2.94 -1.73 -1.44 -1.69 -1.20 -14.38 0.44 0.23
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 0.60 0.81 0.58 1.61 -16.97 -3.80 -5.71 -1.47 -3.17 2.01 0.78
Leverage Ratio		 2.22 2.71 2.70 5.81 -42.80 -6.62 -12.25 -2.06 -5.53 5.39 2.72
Compound Leverage Factor		 2.23 2.76 2.70 5.81 -42.98 -7.10 -12.22 -2.23 -6.69 4.12 2.86
Debt to Total Capital		 68.87% 66.57% 54.23% 151.43% 236.19% 327.83% 245.69% 588.30% 107.48% 30.61% 18.98%
Short-Term Debt to Total Capital		 68.87% 66.57% 54.23% 151.43% 236.19% 327.83% 245.69% 588.30% 107.48% 30.61% 18.98%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 31.13% 33.43% 45.77% -51.43% -136.19% -227.83% -145.69% -488.30% -7.48% 69.39% 81.02%
Debt to EBITDA		 -0.13 -0.10 -0.08 -0.12 -0.26 -0.35 -0.34 -0.42 -0.33 -0.26 -0.21
Net Debt to EBITDA		 0.01 -0.06 -0.04 -0.09 -0.23 -0.30 -0.22 -0.41 -0.31 0.19 0.57
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 -0.18 -0.13 -0.11 -0.17 -0.36 -0.47 -0.45 -0.56 -0.44 -0.36 -0.28
Net Debt to NOPAT		 0.02 -0.08 -0.05 -0.13 -0.31 -0.40 -0.30 -0.55 -0.41 0.25 0.75
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 65 47 30 17 4.41 -1.63 -0.81 -2.71 -12 -27 -36
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -3,142.70%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.03 0.05 0.08 0.10 0.11 0.13 0.11 0.06 0.06 0.04 0.13
Fixed Asset Turnover		 0.55 0.85 1.03 0.94 0.93 0.71 0.71 0.35 0.57 0.71 3.10
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 14 9.53 7.61 3.49 3.97 3.43 4.10 2.04 9.28 25 34
Invested Capital Turnover		 0.04 0.08 0.14 0.21 0.30 0.30 0.30 0.28 0.16 0.08 0.20
Increase / (Decrease) in Invested Capital		 -75 -56 -36 -22 -9.82 -6.11 -3.52 -1.45 5.32 21 29
Enterprise Value (EV)		 2.90 15 4.91 13 15 24 10 19 25 1.29 3.86
Market Capitalization		 3.91 11 2.83 8.91 7.34 14 3.65 6.75 15 6.59 21
Book Value per Share		 $0.04 $0.49 $0.53 ($0.11) ($4.36) ($0.31) ($0.23) ($1.80) ($0.06) $0.71 $1.12
Tangible Book Value per Share		 $0.04 $0.43 $0.48 ($0.12) ($4.57) ($0.32) ($0.24) ($1.84) ($0.08) $0.70 $1.12
Total Capital		 14 9.53 7.61 3.49 3.97 3.43 4.10 2.04 9.28 25 34
Total Debt		 9.50 6.35 4.13 5.29 9.37 11 10 12 9.98 7.56 6.36
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -1.02 3.86 2.08 4.01 8.07 9.67 6.67 12 9.31 -5.30 -17
Capital Expenditures (CapEx)		 -0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.19
Net Nonoperating Expense (NNE)		 4.61 4.41 2.48 2.10 2.35 4.12 1.84 2.29 4.67 0.57 3.17
Net Nonoperating Obligations (NNO)		 9.50 6.35 4.13 5.29 9.37 11 10 12 9.98 7.56 6.36
Total Depreciation and Amortization (D&A)		 -0.03 0.40 0.27 0.22 0.26 1.42 0.07 0.26 0.46 0.81 1.20
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($7.20) ($927.92) ($9.24) ($5.88) ($6.30) ($2,507.75) ($29.27) ($1.23) ($1.08) ($11.06) ($2.15)
Adjusted Weighted Average Basic Shares Outstanding		 2.11M 15.20K 899.07K 1.19M 1.24M 4.73K 210.73K 5.23M 10.28M 622.94K 4.40M
Adjusted Diluted Earnings per Share		 ($7.20) ($927.92) ($9.24) ($5.88) ($6.30) ($2,507.75) ($29.27) ($1.23) ($1.08) ($11.06) ($2.15)
Adjusted Weighted Average Diluted Shares Outstanding		 2.11M 15.20K 899.07K 1.19M 1.24M 4.73K 210.73K 5.23M 10.28M 622.94K 4.40M
Adjusted Basic & Diluted Earnings per Share		 $0.00 ($927.92) $0.00 $0.00 $0.00 ($2,507.75) $0.00 $0.00 $0.00 ($11.06) $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 6.56M 0.00 1.82M 0.00 1.82M 267.67K 310.18K 11.63M 24.15M 5.73M 9.99M
Normalized Net Operating Profit after Tax (NOPAT)		 -11 -9.69 -5.83 -4.91 -5.41 -7.74 -4.33 -4.16 -4.37 -6.21 -6.31
Normalized NOPAT Margin		 -3,110.97% -947.36% -1,136.24% -425.76% 0.00% -2,715.75% -1,344.57% -2,178.43% -1,868.46% -1,709.89% -218.50%
Pre Tax Income Margin		 -4,471.68% -1,378.40% -1,620.47% -607.97% 0.00% -4,161.05% -1,916.77% -3,376.96% -4,732.48% -1,865.56% -328.14%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 -12.62% -14.51% 0.00% 0.00% 0.00% 0.00% -0.55% -0.63% -1.40% -4.95% -3.94%

Financials Breakdown Chart

Key Financial Trends

Momentus (NASDAQ: MNTS) continues to operate with very limited revenue and heavy losses, while relying on equity financing to support liquidity. Across the last four years of quarterly statements, the company’s top line has remained small and highly volatile, expenses have consistently overwhelmed revenue, and shareholder dilution has been a recurring theme. On the positive side, Momentus ended Q1 2026 with a much stronger cash balance than a year earlier, but that improvement was driven largely by financing rather than operating performance.

  • Cash improved sharply in Q1 2026. Cash and equivalents rose to $23.5 million from $3.4 million in Q1 2025, giving the company more near-term runway.
  • Q1 2026 financing provided meaningful liquidity. Momentus raised $18.3 million from common equity issuance, which more than offset operating and investing cash outflows for the quarter.
  • Operating cash burn improved versus late 2025. Net cash used in operating activities was $5.8 million in Q1 2026, better than the $10.5 million burn in Q4 2025.
  • Operating losses narrowed sequentially from Q4 2025. Net loss improved to $9.5 million in Q1 2026 from $6.8 million in Q4 2025, though results remain deeply negative.
  • Revenue remains very small. Q1 2026 revenue was $2.9 million, up from $363,000 in Q4 2025, but still far below a level that can absorb the cost structure.
  • Most of the income line is still non-interest income. The company does not appear to have a diversified, recurring revenue base yet.
  • Non-cash charges continue to support operating cash flow. Depreciation and amortization remain meaningful, but they do not change the underlying profitability challenge.
  • Balance sheet equity remains positive in Q1 2026. Total equity was $27.2 million, a much better position than the negative equity seen in parts of 2025.
  • Momentus is still losing money at a high rate. Q1 2026 net loss was $9.5 million, and losses were also large in prior quarters, including $6.8 million in Q4 2025 and $11.1 million in Q3 2025.
  • Operating losses continue to exceed revenue by a wide margin. Q1 2026 revenue of $2.9 million compared with $11.9 million in non-interest expense.
  • Share dilution has been significant over time. Weighted average shares outstanding have moved sharply higher across 2024 and 2025, reflecting repeated equity raises.
  • The company has leaned heavily on external financing to survive. Cash generation from operations has been negative in every quarter shown, so funding has depended on capital raises and other financing sources.
  • Liquidity was previously very tight. In Q1 2025 cash fell to just $3.4 million, and the company has needed persistent financing to avoid cash strain.
  • Debt and liability levels remain a concern. Momentus carried $18.7 million of total liabilities in Q1 2026, including $6.4 million of short-term debt and $2.2 million of accrued interest payable.

Bottom line: Momentus has made progress on liquidity, but not on sustainable profitability. The business is still in a capital-intensive, early-recovery phase where financing activity matters more than operating cash flow. For retail investors, the key watch items are whether revenue can scale meaningfully, whether quarterly losses continue to narrow, and whether future dilution can be limited.

07/12/26 04:50 AM ETAI Generated. May Contain Errors.

Momentus Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Momentus' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Momentus' net income appears to be on a downward trend, with a most recent value of -$30.47 million in 2025, falling from -$307.03 million in 2020. The previous period was -$34.95 million in 2024.

Over the last 5 years, Momentus' total revenue changed from -$117 thousand in 2020 to $1.11 million in 2025, a change of -1,048.7%.

Momentus' total liabilities were at $23.18 million at the end of 2025, a 30.5% increase from 2024, and a 55.0% increase since 2019.

In the past 6 years, Momentus' cash and equivalents has ranged from $1.09 million in 2019 to $160.04 million in 2021, and is currently $12.81 million as of their latest financial filing in 2025.

Over the last 5 years, Momentus' book value per share changed from -13.09 in 2020 to 0.71 in 2025, a change of -105.4%.


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Financial statements for NASDAQ:MNTSW last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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