Filing Flows › Momentus (MNTS) › Q3 2025
Momentus (MNTS) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 20, 2025
Momentus (MNTS) reported revenue of $234K for the third quarter 2025 (Q3 2025), +119% from a year earlier and +23% from the quarter before.
Momentus, Q3 2025: revenue $234K (+119% year over year), net loss $11.1M, operating cash flow −$5.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $234K | +23% | +119% |
| Operating profit | −$6.2M | — | — |
| Net earnings | −$11.1M | — | — |
| Operating cash flow | −$5.3M | — | — |
What changed
Revenue was $234K in Q3 2025, up 119% year over year and up 23% from the previous quarter. Engineering project services was the largest line at 69% of revenue. Engineering project services added $55K year over year (up 51%), 43% of the total change.
Gross margin was 100.0%, up 61.7 points from a year earlier. Operating costs exceeded revenue by $6.2M, an operating margin of -2669.2%. Operating expenses fell 15% while revenue rose 119%. The quarter ended with a net loss of $11.1M, wider than the previous quarter's $6.5M loss.
Operating cash flow was −$5.3M. Non-cash charges added back $310K of depreciation and amortization and $691K of share-based compensation. Working capital and other items added $4.8M.
Questions
What was Momentus' revenue in the third quarter 2025?
Momentus (MNTS) reported revenue of $234K for the third quarter 2025 (Q3 2025), +119% from a year earlier and +23% from the quarter before.
Source: Momentus 10-Q on SEC EDGAR.