NASDAQ : MNTS
Momentus Inc. — Financial statements
Industrials · Aerospace & Defense · United States
Last price 1.94 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 42.61M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Momentus Inc. (MNTS) reported revenue of 3.84M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 3.84M | 1.11M | 2.11M | 3.09M | 299.00K | 330.00K |
| Cost of Revenue | 1.40M | 2.00K | 66.00K | 855.00K | 26.00K | -135.00K |
| Gross Profit | 2.44M | 1.11M | 2.05M | 2.23M | 273.00K | 465.00K |
| Selling, General & Admin | 20.59M | 18.87M | 21.95M | 38.12M | 49.83M | 48.91M |
| Research & Development | 13.48M | 9.19M | 9.78M | 32.29M | 41.72M | 51.32M |
| Operating Expenses | 34.06M | 28.06M | 31.73M | 70.41M | 91.55M | 100.23M |
| Operating Income | -31.62M | -26.95M | -29.68M | -68.17M | -91.28M | -99.76M |
| Interest Expense | -1.38M | -677.00K | -395.00K | -2.34M | -5.26M | -14.23M |
| Interest & Investment Income | 473.00K | 57.00K | 25.00K | 1.23M | 522.00K | 2.00K |
| Other Non Operating Income (Expenses) | 804.00K | 1.07M | -447.00K | 381.00K | 5.24M | 32.37M |
| EBT Excluding Unusual Items | -31.73M | -26.51M | -30.50M | -68.90M | -90.78M | -81.62M |
| Gain (Loss) on Sale of Assets | -338.00K | -188.00K | -17.00K | -168.00K | -17.00K | |
| Legal Settlements | -300.00K | -300.00K | -4.50M | -7.00M | ||
| Other Unusual Items | -3.23M | -3.66M | -4.26M | 209.29M | ||
| Pretax Income | -35.59M | -30.47M | -34.95M | -68.92M | -95.44M | 120.66M |
| Income Tax Expense | 2.00K | |||||
| Net Income | -35.59M | -30.47M | -34.95M | -68.92M | -95.44M | 120.65M |
| Preferred Dividends & Other Adjustments | 117.00K | 117.00K | ||||
| Net Income to Common | -35.71M | -30.59M | -34.95M | -68.92M | -95.44M | 120.65M |
| Shares Outstanding (Basic) | 4.58M | 622.94K | 84.41K | 11.92K | ||
| Shares Outstanding (Diluted) | 4.58M | 622.94K | 84.41K | 11.92K | ||
| EPS (Basic) | -7.80 | -49.10 | -414.01 | -5,782.85 | ||
| EPS (Diluted) | -7.80 | -49.10 | -414.01 | -5,782.85 | ||
| Free Cash Flow | -30.98M | -23.29M | -16.61M | -61.92M | -88.47M | -89.68M |
| Free Cash Flow Per Share | -6.76 | -37.38 | -196.79 | -5,195.50 | ||
| Gross Margin | 63.57% | 99.82% | 96.88% | 72.32% | 91.30% | 140.91% |
| Operating Margin | -824.16% | -2,428.38% | -1,404.12% | -2,206.93% | -30,526.76% | -30,230.61% |
| Profit Margin | -930.73% | -2,755.41% | -1,653.08% | -2,231.14% | -31,921.07% | 36,561.82% |
| Free Cash Flow Margin | -807.30% | -2,097.93% | -785.76% | -2,004.53% | -29,588.63% | -27,176.97% |
| EBITDA | -30.58M | -25.66M | -28.83M | -67.28M | -90.19M | -98.67M |
| D&A For EBITDA | 1.04M | 1.29M | 857.00K | 894.00K | 1.09M | 1.09M |
| EBIT | -31.62M | -26.95M | -29.68M | -68.17M | -91.28M | -99.76M |
| Effective Tax Rate | 0.00% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 107.60M | 12.81M | 1.57M | 2.12M | 61.09M | 160.04M |
| Cash & Short-Term Investments | 107.60M | 12.81M | 1.57M | 2.12M | 61.09M | 160.04M |
| Accounts Receivable | 611.00K | 879.00K | ||||
| Other Receivables | 100.00K | 408.00K | 100.00K | 4.00M | ||
| Receivables | 611.00K | 100.00K | 1.29M | 100.00K | 4.00M | |
| Prepaid Expenses | 3.27M | 4.23M | 1.67M | 4.84M | 4.33M | 4.56M |
| Restricted Cash | 106.00K | 55.00K | 1.01M | 197.00K | ||
| Other Current Assets | 1.53M | 5.09M | 3.67M | 5.84M | 4.87M | |
| Total Current Assets | 113.11M | 22.28M | 4.53M | 10.73M | 76.27M | 169.66M |
| Property, Plant & Equipment | 7.55M | 8.64M | 2.53M | 8.60M | 10.46M | 12.43M |
| Other Intangible Assets | 175.00K | 201.00K | 253.00K | 341.00K | 337.00K | 349.00K |
| Long-Term Deferred Charges | 1.40M | 1.20M | 2.60M | 400.00K | 4.73M | 3.00M |
| Other Long-Term Assets | 7.29M | 8.00M | 44.00K | 575.00K | 624.00K | 379.00K |
| Total Assets | 129.53M | 40.32M | 9.95M | 20.65M | 92.42M | 185.82M |
| Accounts Payable | 3.99M | 4.08M | 5.60M | 2.81M | 2.24M | 1.91M |
| Accrued Expenses | 825.00K | 2.27M | 3.01M | 4.75M | 8.03M | 9.79M |
| Current Portion of Long-Term Debt | 3.48M | 4.96M | 2.27M | 11.63M | 20.91M | |
| Current Portion of Leases | 956.00K | 836.00K | 685.00K | 1.27M | 1.15M | 1.19M |
| Current Unearned Revenue | 209.00K | 4.06M | 345.00K | 1.65M | ||
| Other Current Liabilities | 2.28M | 1.34M | 421.00K | 9.00K | 18.53M | 5.08M |
| Total Current Liabilities | 8.25M | 16.07M | 15.01M | 11.11M | 43.23M | 38.87M |
| Long-Term Debt | 2.40M | |||||
| Long-Term Leases | 6.90M | 6.99M | 333.00K | 4.86M | 6.13M | 7.28M |
| Long-Term Unearned Revenue | 120.00K | 120.00K | 1.90M | 998.00K | 1.03M | 1.55M |
| Other Long-Term Liabilities | 3.00K | 3.00K | 518.00K | 492.00K | 1.03M | 6.23M |
| Total Liabilities | 15.27M | 23.18M | 17.76M | 17.46M | 53.82M | 53.94M |
| Common Stock | 1.00K | |||||
| Additional Paid-In Capital | 570.59M | 455.72M | 400.18M | 376.23M | 342.73M | 340.57M |
| Retained Earnings | -456.33M | -438.58M | -407.99M | -373.05M | -304.13M | -208.68M |
| Total Common Equity | 114.26M | 17.14M | -7.81M | 3.19M | 38.61M | 131.89M |
| Shareholders' Equity | 114.26M | 17.14M | -7.81M | 3.19M | 38.61M | 131.89M |
| Total Liabilities & Equity | 129.53M | 40.32M | 9.95M | 20.65M | 92.42M | 185.82M |
| Total Debt | 7.85M | 11.30M | 5.97M | 8.40M | 21.32M | 29.38M |
| Net Cash (Debt) | 99.75M | 1.50M | -4.40M | -6.29M | 39.78M | 130.66M |
| Net Cash Per Share | 21.78 | 2.41 | -52.16 | -527.44 | ||
| Filing Date Shares Outstanding | 21.96M | 5.73M | 267.67K | 66.53K | 7.53K | 6.50K |
| Total Common Shares Outstanding | 20.34M | 2.17M | 155.78K | 33.15K | 6.76K | 6.50K |
| Working Capital | 104.86M | 6.21M | -10.48M | -378.00K | 33.05M | 130.80M |
| Book Value Per Share | 5.62 | 7.91 | -50.14 | 96.14 | 5,712.78 | 20,290.46 |
| Tangible Book Value | 114.08M | 16.94M | -8.06M | 2.85M | 38.27M | 131.54M |
| Tangible Book Value Per Share | 5.61 | 7.82 | -51.76 | 85.85 | 5,662.92 | 20,236.77 |
| Machinery | 1.44M | 2.86M | 2.85M | 3.42M | 3.42M | 3.72M |
| Construction In Progress | 106.00K | 247.00K | ||||
| Leasehold Improvements | 2.39M | 2.39M | 2.39M | 2.28M | 2.69M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -35.59M | -30.47M | -34.95M | -68.92M | -95.44M | 120.65M |
| Depreciation & Amortization | 1.83M | 1.52M | 2.02M | 1.98M | 2.25M | 2.38M |
| Other Amortization | 165.00K | 165.00K | 5.37M | 2.69M | 21.18M | |
| Loss (Gain) From Sale of Assets | 338.00K | 188.00K | 17.00K | 168.00K | 17.00K | |
| Stock-Based Compensation | 1.76M | 3.27M | 6.49M | 8.48M | 11.58M | 18.45M |
| Other Operating Activities | 4.77M | 4.57M | 4.41M | -449.00K | -685.00K | -246.62M |
| Change in Accounts Receivable | -411.00K | 879.00K | -879.00K | |||
| Change in Accounts Payable | -1.46M | 131.00K | 2.79M | 453.00K | 373.00K | 1.56M |
| Change in Unearned Revenue | -2.82M | 1.93M | 1.25M | -1.68M | 1.13M | -1.07M |
| Change in Other Net Operating Assets | 679.00K | -5.28M | 2.08M | -7.08M | -9.95M | -3.26M |
| Operating Cash Flow | -30.74M | -23.27M | -16.61M | -61.83M | -87.89M | -86.71M |
| Capital Expenditures | -240.00K | -12.00K | -94.00K | -583.00K | -2.97M | |
| Sale of Property, Plant & Equipment | 12.00K | 135.00K | 113.00K | 34.00K | ||
| Sale (Purchase) of Intangibles | -41.00K | -38.00K | -184.00K | -118.00K | ||
| Investing Cash Flow | -228.00K | -12.00K | 94.00K | -19.00K | -733.00K | -3.09M |
| Short-Term Debt Issued | 500.00K | |||||
| Long-Term Debt Issued | 2.25M | 7.30M | 55.85M | |||
| Total Debt Issued | 1.50M | 2.25M | 7.80M | 55.85M | ||
| Short-Term Debt Repaid | -500.00K | |||||
| Long-Term Debt Repaid | -2.19M | -5.29M | -12.98M | -9.70M | -1.50M | |
| Total Debt Repaid | -2.30M | -2.19M | -5.79M | -12.98M | -9.70M | -1.50M |
| Net Debt Issued (Repaid) | -804.00K | 57.00K | 2.01M | -12.98M | -9.70M | 54.35M |
| Issuance of Common Stock | 147.73M | 38.13M | 15.71M | 27.04M | 845.00K | 238.50M |
| Repurchase of Common Stock | -18.00K | -1.00K | -4.00K | -10.09M | -331.00K | -40.15M |
| Other Financing Activities | -8.37M | -3.61M | -2.12M | -2.05M | -331.00K | -25.88M |
| Financing Cash Flow | 138.54M | 34.58M | 15.60M | 1.92M | -9.51M | 226.83M |
| Net Cash Flow | 107.57M | 11.29M | -920.00K | -59.92M | -98.13M | 137.03M |
| Free Cash Flow | -30.98M | -23.29M | -16.61M | -61.92M | -88.47M | -89.68M |
| Free Cash Flow Margin | -807.30% | -2,097.93% | -785.76% | -2,004.53% | -29,588.63% | -27,176.97% |
| Free Cash Flow Per Share | -6.76 | -37.38 | -196.79 | -5,195.50 | ||
| Levered Free Cash Flow | -24.90M | -16.46M | -2.87M | -44.67M | -36.46M | -27.63M |
| Unlevered Free Cash Flow | -24.20M | -16.20M | -2.63M | -44.57M | -35.86M | -30.47M |
| Cash Interest Paid | 109.00K | 102.00K | 106.00K | 980.00K | 2.44M | 2.50M |
| Cash Income Tax Paid | 1.00K | |||||
| Change in Working Capital | -4.00M | -2.34M | 5.23M | -8.31M | -8.45M | -2.77M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 39.97M | 8.28M | 19.13M | 11.35M | 65.62M | 336.77M |
| Enterprise Value | -59.77M | 12.24M | 25.86M | 13.77M | 8.04M | 185.04M |
| Last Close Price | 1.82 | 4.87 | 141.55 | 432.33 | 9,744.85 | 52,229.11 |
| PE Ratio | 2.79 | |||||
| PS Ratio | 10.42 | 7.46 | 9.05 | 3.67 | 219.47 | 1,020.52 |
| PB Ratio | 0.32 | 0.48 | -2.45 | 3.56 | 1.70 | 2.55 |
| P/TBV Ratio | 0.35 | 0.49 | 3.99 | 1.72 | 2.56 | |
| EV/Sales Ratio | 11.03 | 12.23 | 4.46 | 26.90 | 560.72 | |
| Debt / Equity Ratio | 0.07 | 0.66 | -0.77 | 2.64 | 0.55 | 0.22 |
| Net Debt / Equity Ratio | -0.87 | -0.09 | -0.56 | 1.97 | -1.03 | -0.99 |
| Net Debt / EBITDA Ratio | 3.26 | 0.06 | -0.15 | -0.09 | 0.44 | 1.32 |
| Net Debt / FCF Ratio | 3.22 | 0.07 | -0.27 | -0.10 | 0.45 | 1.46 |
| Asset Turnover | 0.06 | 0.04 | 0.14 | 0.06 | 0.00 | 0.00 |
| Quick Ratio | 13.11 | 0.80 | 0.19 | 0.20 | 1.51 | 4.12 |
| Current Ratio | 13.70 | 1.39 | 0.30 | 0.97 | 1.76 | 4.37 |
| Return on Equity (ROE) | -68.26% | -653.12% | -329.81% | -111.96% | ||
| Return on Assets (ROA) | -28.49% | -67.02% | -121.25% | -75.36% | -41.00% | -56.14% |
| Return on Invested Capital (ROIC) | -227.51% | -509.64% | -1,344.64% | -719.64% | ||
| Return on Capital Employed (ROCE) | -26.10% | -111.20% | 586.90% | -714.60% | -185.50% | -67.90% |
| Earnings Yield | -428.52% | -367.89% | -182.64% | -607.09% | -145.44% | 35.83% |
| FCF Yield | -77.49% | -281.18% | -86.82% | -545.43% | -134.82% | -26.63% |
| Buyback Yield / Dilution | -2,426.75% | -638.00% | -608.25% |