Momentus (MNTS) Operating Expenses (2020 - 2026)

Momentus' (MNTS) quarterly Operating Expenses came in at $10.5 million in Q1 2026, up 61.5% year-on-year from $6.5 million in Q1 2025, and up 13.7% on a QoQ basis from $9.2 million in Q4 2025.

Momentus (MNTS) Operating Expenses (2020 - 2026) Analysis & Trends

Momentus (MNTS) has 7 years of Operating Expenses data on file, last reported at $10.5 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 61.5% year-over-year to $10.5 million in Q1 2026; TTM through Mar 2026 was $32.4 million, a 10.09% increase from a year earlier, with the FY2025 full-year figure at $28.4 million, down 10.61% from the prior year.
  • Operating Expenses for Q1 2026 stood at $10.5 million, up from $9.2 million in the prior quarter.
  • Over the last five years, Operating Expenses for MNTS reached as high as $24.8 million in Q1 2022 and fell as low as $6.1 million in Q2 2025.
  • Historically, Operating Expenses has averaged $13.7 million across 5 years, with a median of $10.5 million in 2026.
  • Across the five-year window, Operating Expenses plunged 59.56% in 2024 and jumped 61.5% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $21.2 million in 2022, then slumped by 31.55% to $14.5 million in 2023, then plunged by 51.21% to $7.1 million in 2024, then jumped by 30.48% to $9.2 million in 2025, then increased by 13.7% to $10.5 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $10.5 million in Q1 2026, $9.2 million in Q4 2025, and $6.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 General Electric 369.74 Bn 360.40 Bn -3.10 Bn 10.86 Bn
2 Rtx 286.79 Bn 278.48 Bn 9.91 Bn 21.96 Bn
3 Boeing 168.91 Bn 148.89 Bn 2.41 Bn 2.35 Bn
4 Lockheed Martin 132.03 Bn 128.24 Bn 2.45 Bn -
5 Howmet Aerospace 111.81 Bn 109.37 Bn 854.00 Mn 27.00 Mn
6 General Dynamics 101.89 Bn 97.56 Bn 6.76 Bn 12.63 Bn
7 Northrop Grumman 75.58 Bn 73.27 Bn 3.72 Bn 9.78 Bn
8 TransDigm 72.49 Bn 68.61 Bn 1.51 Bn 273.00 Mn
9 L3Harris Technologies 50.52 Bn 49.93 Bn 1.40 Bn 750.00 Mn
10 Momentus 18.08 Mn -5.50 Mn 1.82 Mn 10.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 10.51 Mn
Dec 31, 2025 9.24 Mn
Sep 30, 2025 6.48 Mn
Jun 30, 2025 6.13 Mn
Mar 31, 2025 6.51 Mn
Dec 31, 2024 7.08 Mn
Sep 30, 2024 7.63 Mn
Jun 30, 2024 8.17 Mn
Mar 31, 2024 8.84 Mn
Dec 31, 2023 14.52 Mn
Sep 30, 2023 15.29 Mn
Jun 30, 2023 20.21 Mn
Mar 31, 2023 20.39 Mn
Dec 31, 2022 21.21 Mn
Sep 30, 2022 21.76 Mn
Jun 30, 2022 23.76 Mn
Mar 31, 2022 24.82 Mn
Dec 31, 2021 24.68 Mn
Sep 30, 2021 21.10 Mn
Jun 30, 2021 30.53 Mn