Momentus (MNTS) Operating Expenses (2020 - 2026)
Momentus (MNTS) reported Operating Expenses of $10.5 million for Q1 2026, up 61.5% year-over-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) has 7 years of Operating Expenses data on file, last reported at $10.5 million in Q1 2026.
- Quarterly Operating Expenses rose 61.5% year-over-year to $10.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $32.4 million (up 10.09% YoY) and the FY2025 annual result came in at $28.4 million, down 10.61% from the prior year.
- Operating Expenses climbed to $10.5 million in Q1 2026 per MNTS's latest filing, from $9.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $24.8 million in Q1 2022 and bottomed at $6.1 million in Q2 2025.
- The 5-year median for Operating Expenses is $10.5 million (2026), against an average of $13.7 million.
- The widest annual swing landed in 2024, when Operating Expenses plunged 59.56%; it then jumped 61.5% in 2026.
- Tracing MNTS's Operating Expenses over 5 years: stood at $21.2 million in 2022, then tumbled by 31.55% to $14.5 million in 2023, then sank by 51.21% to $7.1 million in 2024, then surged by 30.48% to $9.2 million in 2025, then rose by 13.7% to $10.5 million in 2026.
- Per Business Quant, the three latest MNTS Operating Expenses figures stand at $10.5 million (Q1 2026), $9.2 million (Q4 2025), and $6.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 10.18 Bn |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 19.59 Bn |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 2.10 Bn |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 120.00 Mn |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 12.06 Bn |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | 132.46 Mn |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 8.89 Bn |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 273.00 Mn |
| 10 | Momentus | 32.47 Mn | 8.89 Mn | 1.82 Mn | 10.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 23.91 Mn |
| Dec 31, 2020 | 13.43 Mn |
| Sep 30, 2020 | 9.43 Mn |
| Jun 30, 2020 | 315,695.00 |
| Mar 31, 2020 | 236,879.00 |