Momentus (MNTS) Operating Expenses (2020 - 2026)
Momentus (MNTS) posted quarterly Operating Expenses of $10.5 million for Q1 2026, up 61.5% YoY from $6.5 million in Q1 2025, and up 13.7% sequentially from $9.2 million in Q4 2025.
Momentus (MNTS) Operating Expenses (2020 - 2026) Analysis & Trends
Momentus has disclosed Operating Expenses across 7 years of filings, most recently posting $10.5 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 61.5% year-over-year to $10.5 million; the TTM figure through Mar 2026 stood at $32.4 million (up 10.09% YoY), while the FY2025 annual figure was $28.4 million, down 10.61% from the prior year.
- Operating Expenses improved to $10.5 million in Q1 2026, 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.
- The 5-year median for Operating Expenses is $10.5 million (2026), against an average of $13.7 million.
- Annual changes were most pronounced in 2024 — Operating Expenses plunged 59.56% — and 2026, when it soared 61.5%.
- A 5-year view of Operating Expenses shows it 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 jumped by 30.48% to $9.2 million in 2025, then advanced by 13.7% to $10.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $10.5 million, $9.2 million, and $6.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 2.10 Bn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 19.59 Bn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 12.06 Bn |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 120.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 273.00 Mn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 8.89 Bn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 132.46 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 750.00 Mn |
| 10 | Momentus | 28.60 Mn | 5.02 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 |