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
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