Momentus Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.1M | $2.1M | $3.1M | $299,000 | $330,000 |
| Cost of revenue | $2,000 | $66,000 | $855,000 | $26,000 | $135,000 |
| Gross profit | $1.1M | $2.0M | $2.2M | $273,000 | $465,000 |
| Selling, general & administrative | $19.2M | $21.9M | $36.1M | $49.8M | $48.9M |
| Research and development | $9.2M | $9.8M | $34.4M | $41.7M | $51.3M |
| Operating expenses | $28.4M | $31.7M | $70.4M | $91.5M | $100.2M |
| Operating income | -$27.3M | -$29.7M | -$68.2M | -$91.3M | -$99.8M |
| Interest expense | $677,000 | $395,000 | $2.3M | $5.3M | $14.2M |
| Pretax income | -$30.5M | -$34.9M | — | -$95.4M | $120.7M |
| Income tax expense | $0 | $0 | $0 | $0 | $2,000 |
| Net income | -$30.5M | -$34.9M | -$68.9M | -$95.4M | $120.7M |
| Balance Sheet | |||||
| Cash and equivalents | $12.8M | $1.6M | $2.1M | $61.1M | $160.0M |
| Current assets | $22.3M | $4.5M | $10.7M | $76.3M | $169.7M |
| Total assets | $40.3M | $10.0M | $20.6M | $92.4M | $185.8M |
| Current liabilities | $16.1M | $15.0M | $11.1M | $43.2M | $38.9M |
| Total liabilities | $23.2M | $17.8M | $17.5M | $53.8M | $53.9M |
| Stockholders' equity | $17.1M | -$7.8M | $3.2M | $38.6M | $131.9M |
| Cash Flow Statement | |||||
| Cash from operations | -$23.3M | -$16.6M | -$61.8M | -$87.9M | -$86.7M |
| Depreciation and amortization | $1.2M | $800,000 | $800,000 | $1.0M | $1.0M |
| Stock-based compensation | $3.3M | $6.5M | $8.5M | $11.6M | $18.5M |
| Capital expenditure | $12,000 | $0 | $94,000 | $583,000 | $3.0M |
| Free cash flow | -$23.3M | -$16.6M | -$61.9M | -$88.5M | -$89.7M |
| Share repurchases | — | $0 | $10.0M | $0 | $40.0M |
| Impairments | $0 | $0 | $0 | $0 | — |
Shares outstanding 10.0M · Free float 24.3%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.