Filing Flows › Industrials › Momentus (MNTS)
Momentus (MNTS) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 11, 2026 · Momentus (MNTS) Q2 2026 earnings results →
Q2 2026 Revenue down 87% year over year to $25K
Momentus made $25K in Q2 2026 (-87% Y/Y). Operating margin n/m, net loss $8.3M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 11, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $25K in Q2 2026, down 87% year over year and down 99% from the previous quarter.
Gross margin was 100.0%, up 1.0 points from Q2 2025. Operating costs exceeded revenue by $8.1M, an operating margin of -32420.0%. Operating expenses grew 33% against a revenue fall of 87%. The fastest-growing cost line was Research & development (+93%). The quarter ended with a net loss of $8.3M, narrower than the previous quarter's $9.5M loss.
Operating cash flow was −$9.1M. Non-cash charges added back $110K of depreciation and amortization and $189K of share-based compensation. Working capital and other items used $1.1M. Capital expenditures of $31K exceeded it, leaving free cash flow of −$9.1M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 11, 2026 | $25K | -87% | n/m | −$8.3M | −$9.1M |
| Q1 2026 | 10-Q | May 13, 2026 | $3.2M | +898% | -270.4% | −$9.5M | −$5.8M |
| Q4 2025 | 10-K | Mar 31, 2026 | $363K | +27% | n/m | −$6.8M | −$10.5M |
| Q3 2025 | 10-Q | Nov 20, 2025 | $234K | +119% | n/m | −$11.1M | −$5.3M |
| Q2 2025 | 10-Q | Aug 19, 2025 | $191K | -84% | n/m | −$6.5M | −$3.2M |
| Q1 2025 | 10-Q | May 15, 2025 | $322K | -37% | n/m | −$6.2M | −$4.2M |
| Q4 2024 | 10-K | Apr 1, 2025 | $285K | -72% | n/m | −$11.9M | −$5.7M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
About Momentus
Unless the context otherwise requires, all references in this section to the “Company,” “we,” “us,” or “our” refer to Momentus. Momentus is a U.S. commercial space company that offers satellites, satellite buses, and other satellite components, transportation, communication, and infrastructure services, including hosted payloads and other in-orbit services. Government and commercial satellite operators and space technology companies and organizations are our principal customers and target customers. Momentus offers satellites and satellite buses and technology designed to meet the specific needs of government and commercial customers.
In its own words, from its 10-K, filed Mar 31, 2026.
Momentus against its Guided Missiles & Space Vehicles & Parts peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -87% against the peers' median +11%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| MNTS Momentus | Q2 2026 | $25K | -87% | n/m |
| LMT Lockheed Martin | Q3 2026 | $20.7B | +11% | 11.8% |
| KTOS Kratos Defense & Security Solutions | Q3 2026 | $472M | +36% | -1.0% |
| RKLB Rocket Lab | Q2 2026 | $234M | +62% | -24.6% |
| FLY Firefly Aerospace | Q2 2026 | $118M | +657% | -80.9% |
| RDW Redwire | Q3 2026 | $109M | +5% | -24.1% |
| YSS York Space Systems | Q2 2026 | $92.5M | +10% | -44.6% |
| VOYG Voyager Technologies | Q3 2026 | $88.7M | +124% | -69.8% |
| HLEO Helio | Q3 FY26 | $591K | -25% | -92.5% |
Source: Momentus 10-Q on SEC EDGAR · CIK 1781162 · Guided Missiles & Space Vehicles & Parts
13F: who owns MNTS and who is buying
More on MNTS
History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results