Momentus (MNTS) Operating Expenses (2020 - 2026)
Momentus (MNTS) posted quarterly 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 reported Operating Expenses for 7 consecutive years, with $10.5 million the latest figure, recorded in 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 rose 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.
- Historically, Operating Expenses has averaged $13.7 million across 5 years, with a median of $10.5 million in 2026.
- Annual changes were most pronounced in 2024 — Operating Expenses slumped 59.56% — and 2026, when it soared 61.5%.
- Momentus' 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 surged by 30.48% to $9.2 million in 2025, then climbed 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 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 10.86 Bn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 332.00 Mn |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 848.00 Mn |
| 10 | Momentus | 49.21 Mn | -58.49 Mn | 25,000.00 | 8.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.13 Mn |
| 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 |