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Momentus (MNTS) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 11, 2026

Momentus (MNTS) reported revenue of $25K for the second quarter 2026 (Q2 2026), -87% from a year earlier and -99% from the quarter before.

Revenue$25K
Year over year-87%
Quarter over quarter-99%
Operating margin—
Net earnings−$8.3M

Momentus, Q2 2026: revenue $25K (-87% year over year), net loss $8.3M, operating cash flow −$9.1M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$25K-99%-87%
Operating profit−$8.1M——
Net earnings−$8.3M——
Operating cash flow−$9.1M——

What changed

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.

Questions

What was Momentus' revenue in the second quarter 2026?

Momentus (MNTS) reported revenue of $25K for the second quarter 2026 (Q2 2026), -87% from a year earlier and -99% from the quarter before.

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Source: Momentus 10-Q on SEC EDGAR.