Momentus Inc. income statement
In fiscal 2025, Momentus Inc. reported revenue of $1.1m, down 47.5% on the year before, operating income of −$27.3m (a -2455.4% margin) and net income of −$30.5m, or −$49.10 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 3 | 2 | 1 | 4 |
| Cost of revenue | 0 | −0 | 0 | 1 | 0 | 0 | 1 |
| Gross profit | −0 | 0 | 0 | 2 | 2 | 1 | 2 |
| Research and development | 23 | 51 | 42 | 34 | 10 | 9 | 13 |
| Selling, general and administrative | 12 | 49 | 50 | 36 | 22 | 19 | 21 |
| Operating income | −35 | −100 | −91 | −68 | −30 | −27 | −32 |
| Interest expense | 0 | 14 | 5 | 2 | 0 | 1 | 1 |
| Income before tax | −307 | 121 | −95 | — | −35 | −30 | — |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net income | −307 | 121 | −95 | −69 | −35 | −30 | −36 |
| Diluted EPS | −$3430.00 | $1.70 | −$819.42 | −$323.96 | −$414.01 | −$49.10 | — |
| Diluted shares (average) | 89m | 101m | 116m | — | — | — | — |
| EBITDA | −34 | −99 | −90 | −67 | −29 | −26 | −31 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Gross profit | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 |
| Research and development | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 4 |
| Selling, general and administrative | 5 | 5 | 5 | 4 | 4 | 6 | 6 | 4 |
| Operating income | −8 | −7 | −6 | −6 | −6 | −9 | −9 | −8 |
| Interest expense | 0 | 0 | −0 | 0 | 0 | 1 | 1 | 0 |
| Income before tax | −8 | −12 | — | — | — | — | — | — |
| Net income | −8 | −12 | −6 | −6 | −11 | −7 | −9 | −8 |
| Diluted EPS | −$6.26 | −$393.18 | −$29.29 | −$22.03 | −$1.08 | −$45.42 | −$2.15 | −$0.70 |
| EBITDA | −7 | −7 | −6 | −6 | −6 | −9 | −8 | −8 |
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