Filing Flows › Momentus (MNTS) › Q2 2025
Momentus (MNTS) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 19, 2025
Momentus (MNTS) reported revenue of $191K for the second quarter 2025 (Q2 2025), -84% from a year earlier and -41% from the quarter before.
Momentus, Q2 2025: revenue $191K (-84% year over year), net loss $6.5M, operating cash flow −$3.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $191K | -41% | -84% |
| Operating profit | −$5.9M | — | — |
| Net earnings | −$6.5M | — | — |
| Operating cash flow | −$3.2M | — | — |
What changed
Revenue was $191K in Q2 2025, down 84% year over year and down 41% from the previous quarter. Engineering project services was the largest line at 98% of revenue. Engineering project services lost $1.0M year over year (down 84%), 100% of the total change.
Gross margin was 99.0%, down 1.0 points from a year earlier. Operating costs exceeded revenue by $5.9M, an operating margin of -3112.0%. Operating expenses fell 25% while revenue fell 84%. The quarter ended with a net loss of $6.5M, wider than the previous quarter's $6.2M loss.
Operating cash flow was −$3.2M. Non-cash charges added back $310K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $1.9M.
Questions
What was Momentus' revenue in the second quarter 2025?
Momentus (MNTS) reported revenue of $191K for the second quarter 2025 (Q2 2025), -84% from a year earlier and -41% from the quarter before.
Source: Momentus 10-Q on SEC EDGAR.