Momentus (MNTS) Operating Expenses (2020 - 2026)
Momentus' (MNTS) quarterly Operating Expenses came in at $10.5 million in Q1 2026, up 61.5% year-on-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) 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.
- On a quarterly basis, Operating Expenses rose 61.5% year-over-year to $10.5 million in Q1 2026; TTM through Mar 2026 was $32.4 million, a 10.09% increase from a year earlier, with the FY2025 full-year figure at $28.4 million, down 10.61% from the prior year.
- Operating Expenses for Q1 2026 stood at $10.5 million, up 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.
- Historically, Operating Expenses has averaged $13.7 million across 5 years, with a median of $10.5 million in 2026.
- Across the five-year window, Operating Expenses plunged 59.56% in 2024 and jumped 61.5% in 2026, its largest moves.
- Year by year, 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 jumped by 30.48% to $9.2 million in 2025, then increased by 13.7% to $10.5 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | 369.74 Bn | 360.40 Bn | -3.10 Bn | 10.86 Bn |
| 2 | Rtx | 286.79 Bn | 278.48 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 168.91 Bn | 148.89 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 132.03 Bn | 128.24 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 111.81 Bn | 109.37 Bn | 854.00 Mn | 27.00 Mn |
| 6 | General Dynamics | 101.89 Bn | 97.56 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 75.58 Bn | 73.27 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 273.00 Mn |
| 9 | L3Harris Technologies | 50.52 Bn | 49.93 Bn | 1.40 Bn | 750.00 Mn |
| 10 | Momentus | 18.08 Mn | -5.50 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 |