Filing Flows › Momentus (MNTS) › Q1 2025
Momentus (MNTS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Momentus (MNTS) reported revenue of $322K for the first quarter 2025 (Q1 2025), -37% from a year earlier and +13% from the quarter before.
Momentus, Q1 2025: revenue $322K (-37% year over year), net loss $6.2M, operating cash flow −$4.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $322K | +13% | -37% |
| Operating profit | −$6.2M | — | — |
| Net earnings | −$6.2M | — | — |
| Operating cash flow | −$4.2M | — | — |
What changed
Revenue was $322K in Q1 2025, down 37% year over year and up 13% from the previous quarter. Engineering project services was the largest line at 73% of revenue. Engineering project services lost $243K year over year (down 51%), 127% of the total change.
Gross margin was 100.0%, unchanged from a year earlier. Operating costs exceeded revenue by $6.2M, an operating margin of -1920.8%. Operating expenses fell 26% while revenue fell 37%. The quarter ended with a net loss of $6.2M, narrower than the previous quarter's $11.9M loss.
Operating cash flow was −$4.2M. Non-cash charges added back $310K of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items added $630K.
Questions
What was Momentus' revenue in the first quarter 2025?
Momentus (MNTS) reported revenue of $322K for the first quarter 2025 (Q1 2025), -37% from a year earlier and +13% from the quarter before.
Source: Momentus 10-Q on SEC EDGAR.