MNTS · Momentus Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.11M | $2.11M | $3.09M | $299.0K | $365.0K | - |
| Cost of Revenue | $2.0K | $66.0K | $855.0K | $26.0K | $368.0K | - |
| Gross Profit | $1.11M | $2.05M | $2.23M | $273.0K | ($3.0K) | - |
| R&D | $9.19M | $9.78M | $34.35M | $41.72M | $22.72M | - |
| SG&A | $19.17M | $21.95M | $36.05M | $49.83M | $11.95M | $3.72M |
| Total Operating Expenses | $28.36M | $31.73M | $70.41M | $91.55M | $34.66M | - |
| D&A | $1.20M | $800.0K | $800.0K | $1.00M | $600.0K | - |
| Operating Income | ($27.25M) | ($29.68M) | ($68.17M) | ($91.28M) | ($99.76M) | ($3.72M) |
| Interest Expense | $677.0K | $395.0K | $2.34M | $5.26M | $470.0K | - |
| Income Tax | $0 | $0 | $0 | $0 | $2.0K | $178.9K |
| Net Income | ($30.47M) | ($34.95M) | ($68.92M) | ($95.44M) | $120.65M | ($2.77M) |
| EPS - Basic | ($49.10) | ($414.11) | ($5782.50) | ($14625.00) | $23125.00 | ($44011562500.00) |
| EPS - Diluted | ($49.10) | ($414.11) | ($5782.50) | ($14625.00) | $21250.00 | ($9000.00) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $12.81M | $1.57M | $2.12M | $61.09M | $160.04M | $214.8K |
| Accounts Receivable | $0 | $879.0K | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $4.08M | $5.60M | $2.81M | $2.24M | $1.91M | - |
| Current Assets | $22.28M | $4.53M | $10.73M | $76.27M | $169.66M | $625.2K |
| Total Assets | $40.32M | $9.95M | $20.65M | $92.42M | $185.82M | $173.73M |
| Current Liabilities | $16.07M | $15.01M | $11.11M | $43.23M | $38.87M | $2.49M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $23.18M | $17.76M | $17.46M | $53.82M | $53.94M | $9.39M |
| Stockholders' Equity | $17.14M | ($7.81M) | $3.19M | $38.61M | $131.89M | $5.00M |
| Retained Earnings | ($438.58M) | ($407.99M) | ($373.05M) | ($304.13M) | ($208.68M) | ($2.70M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($23.27M) | ($16.61M) | ($61.83M) | ($87.89M) | ($86.71M) | ($1.75M) |
| Investing Cash Flow | ($12.0K) | $94.0K | ($19.0K) | ($733.0K) | ($3.09M) | $872.7K |
| Financing Cash Flow | $34.58M | $15.60M | $1.92M | ($9.51M) | $44.65M | - |
| CapEx | $12.0K | $0 | $94.0K | $583.0K | $1.50M | - |
| Free Cash Flow | ($23.29M) | ($16.61M) | ($61.92M) | ($88.47M) | ($88.21M) | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 99.8% | 96.9% | 72.3% | 91.3% | -0.8% | - |
| Operating margin | -2455.4% | -1404.1% | -2206.9% | -30526.8% | -27331.8% | - |
| EBITDA margin | -2347.3% | -1366.3% | -2181.0% | -30192.3% | -27167.4% | - |
| Net margin | -2744.9% | -1653.1% | -2231.1% | -31921.1% | 33055.9% | - |
| Free cash flow margin | -2097.9% | -785.8% | -2004.5% | -29588.6% | -24168.2% | - |
| FCF / Net income | 0.76 | 0.48 | 0.90 | 0.93 | -0.73 | - |
| R&D / Revenue | 827.9% | 462.7% | 1112.0% | 13953.5% | 6224.1% | - |
| SG&A / Revenue | 1727.3% | 1038.3% | 1167.2% | 16664.5% | 3272.6% | - |
| Effective tax rate | - | - | - | - | 0.0% | - |
| Return on assets | -75.6% | -351.1% | -333.8% | -103.3% | 64.9% | -1.6% |
| Return on equity | -177.8% | 447.5% | -2162.5% | -247.2% | 91.5% | -55.3% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 1.39 | 0.30 | 0.97 | 1.76 | 4.37 | 0.25 |
| Quick ratio | 1.39 | 0.30 | 0.97 | 1.76 | 4.37 | 0.25 |
| Cash ratio | 0.80 | 0.10 | 0.19 | 1.41 | 4.12 | 0.09 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -40.3x | -75.1x | -29.2x | -17.3x | -212.3x | - |
| Equity multiplier | 2.35 | -1.27 | 6.48 | 2.39 | 1.41 | 34.75 |
| Liabilities / Assets | 0.57 | 1.78 | 0.85 | 0.58 | 0.29 | 0.05 |
| Efficiency | ||||||
| Asset turnover | 0.03 | 0.21 | 0.15 | 0.00 | 0.00 | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 0d | 152d | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | 744783d | 30948d | 1197d | 31432d | 1895d | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | 2.5x | - |
| P / B | 0.2x | - | 404.4x | 20594.2x | 28095.9x | 218101.7x |
| P / S | 2.7x | 101.0x | 417.2x | 2659129.8x | 10152071.5x | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -47.5% | -31.6% | 933.1% | -18.1% | - | - |
| Revenue CAGR (3y) | 54.8% | 79.6% | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | -45.9% | -8.3% | 718.3% | - | - | - |
| Operating income growth (YoY) | 8.2% | 56.5% | 25.3% | 8.5% | -2581.0% | - |
| Net income growth (YoY) | 12.8% | 49.3% | 27.8% | - | - | - |
| EPS growth (YoY) | 88.1% | 92.8% | 60.5% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | -40.2% | 73.2% | 30.0% | -0.3% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | -91.7% | -70.7% | 2537.8% | 0.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.11M totalReportable Segment$1.11M · 100.0%
Product / service
$1.11M totalEngineering Project Services$948.0K · 85.4%
Forfeited Customer Deposits$162.0K · 14.6%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
-10.87
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✗Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Guided Missiles & Space Vehicles & Parts
Comparing Momentus Inc. against the 5 most active filers in the same SIC group.