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% quarter-over-quarter 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.
- Operating Expenses for Q1 2026 came in at $10.5 million, up 61.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $32.4 million (up 10.09% YoY), and the FY2025 annual result was $28.4 million, down 10.61% from the prior year.
- Operating Expenses advanced to $10.5 million in Q1 2026 per MNTS's latest filing, from $9.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $24.8 million in Q1 2022 and troughed at $6.1 million in Q2 2025.
- A 5-year average of $13.7 million and a median of $10.5 million in 2026 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2026: Operating Expenses slumped 59.56% in 2024, then soared 61.5% in 2026.
- A 5-year view of Operating Expenses shows it stood at $21.2 million in 2022, then sank by 31.55% to $14.5 million in 2023, then tumbled by 51.21% to $7.1 million in 2024, then jumped by 30.48% to $9.2 million in 2025, then advanced by 13.7% to $10.5 million in 2026.
- Business Quant data shows MNTS's Operating Expenses at $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 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | 1.85 Mn |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 10.18 Bn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 19.59 Bn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 2.10 Bn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | - |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 120.00 Mn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 12.06 Bn |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 8.89 Bn |
| 10 | Momentus | 45.30 Mn | 21.71 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 |