Momentus Inc.

MNTS Industrials Aerospace & Defense

Momentus Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 million, down 47.5% from fiscal 2024.

Revenue
−86.9%
EPS
+96.8%
Free cash flow
−180.3%
Total debt
−49.5%

Quarter to June 2026, against a year earlier

1.67 0.19 −10.22%
Market cap
$37.3M
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
5/9
Altman Z
−17.17
Beneish M
−4.31
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.04
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — 5 — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 37.34
Revenue ttm 3.84
Net income ttm (35.59)
Free cash flow ttm (30.96)
Net debt Q (107.70)
Valuation
P/E 0.00
Forward P/E —
Price / sales 5.17
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.17
Financial health
Current ratio Q 13.70 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (69.87)
Growth
Revenue growth Q −86.91% (below 0%: shrinking)
Operating income growth Q −36.36% (below 0%: shrinking)
EPS, this year +60.50% (at or above 15%: strong)
EPS, next year A +7.93%
Revenue, next year A +143.71% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 47.21%
10-year low 10-year high
P/B against its own 10 years 1.96%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 2 2 13 108
Receivables 0 1 0 1
Inventory — — — —
Other — — — —
11 5 22 113
2023 2024 2025 Q'26
Payables 3 6 4 4
ST’ Debt 2 5 3 —
Other 0 1 5 2
11 15 16 8

Compound Annual Growth %

10y 5y 3y
Sales — 24.91% 54.84%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (23.71%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (2.15) (0.70) — — —
’25 (29.29) (21.96) (19.29) (4.88) (49.10)
’24 (165.07) (105.04) (112.54) (78.33) (414.11)
’23 (3.00k) (2.50k) (1.80k) (573.67) (5.78k)
’22 (4.25k) (3.50k) (3.25k) (3.75k) (14.63k)
’21 9.22k 11.55k (1.13k) (625.25) 21.26k
’20 3.11k 3.15k (22.11k) (45.43k) (61.29k)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 3 0 — — —
’25 0 0 0 0 1
’24 1 1 0 0 2
’23 0 2 0 1 3
’22 — 0 0 0 0
’21 0 — 0 0 0
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (6) (9) — — —
’25 (4) (3) (5) (11) (23)
’24 (5) (1) (4) (6) (17)
’23 (19) (15) (13) (16) (62)
’22 (23) (23) (26) (16) (88)
’21 (21) (23) (26) (17) (87)
’20 0 (1) (20) (11) (33)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (6) (9) — — —
’25 (4) (3) (5) (11) (23)
’24 (5) (1) (4) (6) (17)
’23 (19) (14) (13) (16) (62)
’22 (24) (23) (25) (16) (89)
’21 (22) (25) (26) (17) (90)
’20 0 (1) (21) (12) (34)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — 0 0 0 3 2 1 4 +24.9% 3 4 5 +70.3%
Gross margin, % — — — — (0.82) 140.91 91.30 72.32 96.88 99.82 63.57 +100.6 pt
EBT — — — 5 (307) 121 (95) (69) (35) (30) (36) n/m
EBT margin, % — — — 0.00 (84,116.71) 36,562.42 (31,921.07) (2,231.14) (1,653.07) (2,744.86) (927.68) (2,744.9) pt
Net income — 0 — 5 (307) 121 (95) (69) (35) (30) (36) n/m
Per share, $
Per share, $ Revenue — — — 0.00 73.00 63.46 46.00 259.58 25.17 1.78 0.32 n/m
Earnings — — — 14,494.20 (61,289.74) 23,134.25 (14,630.85) (5,784.81) (414.11) (49.10) (27.02) n/m
Cash flow — — — (1,001.04) (6,506.80) (16,675.38) (13,521.08) (5,195.46) (197.75) (37.36) (2.59) (42.2%)
Capex — — — 0.00 (320.20) (594.23) (112.77) (1.60) 1.12 (0.02) (0.02) n/m
Free cash flow — — — (1,001.04) (6,827.00) (17,269.62) (13,633.85) (5,197.06) (196.63) (37.38) (2.60) (42.2%)
Book value — — — 14,020.13 (57,894.40) 25,363.08 5,939.54 267.82 (92.98) 27.51 9.61 (64.6%)
Shares, m — — — 0 0 0 0 0 0 1 4 +247.0%
Valuation, ×
Valuation, × P/E — — — — 0.00 1.95 0.00 0.00 0.00 0.00 0.00 0.3
P/S — — — — 0.00 0.00 236.03 3.40 5.62 2.73 5.17 41.3
P/B — — — — 0.00 2.06 1.83 3.30 0.00 0.18 0.17 1.2
EV/Sales — — — — 0.00 0.00 75.26 3.51 7.31 (5.56) (22.36) 13.4
EV/FCF — — — — (43.44) (1.55) (0.25) (0.18) (0.94) 0.27 2.77 (7.7)
Cash, $m
Cash, $m Operating cash flow — — — 0 (33) (87) (88) (62) (17) (23) (31) +100.6%
Capex — — — — (2) (3) (1) 0 0 0 0 (62.4%)
Free cash flow — — — 0 (34) (90) (89) (62) (17) (23) (31) +100.6%
Balance, $m
Balance, $m Working capital — — — 1 20 131 33 0 (10) 6 105 +32.2%
Net debt — — — (1) 292 (132) (48) 0 3 (9) (108) +43.1%
Shareholders’ equity — — — 5 (289) 132 39 3 (8) 17 114 +22.8%
Returns, %
Returns, % ROA — — — 6.13 (291.67) 108.63 (68.60) (121.90) (228.40) (121.68) (51.49) (127.8) pt
ROIC — — — (17.50) (1,023.44) 0.00 0.00 (1,274.91) 0.00 (219.57) (304.33) (202.1) pt
ROE — — — 3.22 215.86 (153.13) (111.96) (329.81) 1,511.83 (655.63) (68.49) (658.8) pt
People
People Employees — — — 3 — — — — 24 35 — +50.6%
Revenue/emp, $m — — — 0.00 0.00 0.00 0.00 0.00 0.09 0.03 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Momentus Inc. vs peers in Aerospace & Defense (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CVU CPI Aerostructures, Inc. $59.1M 15.3× 5.8× +15.83% (above 0%: growing) n/m +98.60% (above 0%: growing) 22.02% 6.80% Compare
OPXS Optex Systems Holdings Inc. $56.2M 15.0× 13.8× −12.43% (below 0%: shrinking) −18.18% (below 0%: shrinking) +53.00% (above 0%: growing) 34.18% 14.30% Compare
SPAI Safe Pro Group Inc. $56.2M — (loss-making) — (loss-making) +1,335.45% (above 0%: growing) n/m −159.09% (below 0%: shrinking) 64.02% (245.60%) Compare
PEW GrabAGun Digital Holdings Inc. $55.2M — (loss-making) — +9.37% (above 0%: growing) n/m −650.00% (below 0%: shrinking) 13.46% (11.08%) Compare
FBDT First Breach Inc. $48.0M — — — n/m — (535.12%) (12,410.17%) Compare
FJET Starfighters Space, Inc. $41.0M — (loss-making) — — n/m −235.20% (below 0%: shrinking) — 0.00% Compare
MNTS Momentus Inc. $37.3M — (loss-making) — −86.91% (below 0%: shrinking) n/m −180.26% (below 0%: shrinking) 100.00% (32,420.00%)
XTIA XTI Aerospace, Inc. $32.3M — (loss-making) — (loss-making) +5,308.17% (above 0%: growing) n/m −55.80% (below 0%: shrinking) 17.39% (27.99%) Compare
MOB Mobilicom Limited Sponsored ADR $30.5M — (loss-making) — (loss-making) −64.81% (below 0%: shrinking) n/m −367.36% (below 0%: shrinking) 58.40% 0.00% Compare
Median of peers $51.6M — — +12.60% — −159.09% 22.02% (5.54%)

All 94 Aerospace & Defense stocks →

Pay and ownership Proxy statement filed 10 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 1.12m 948.93k 0.05
2024 919.31k 863.62k 1.45
2023 2.56m 803.95k 4.44
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Read the proxy statement

Momentus Inc. (MNTS) Latest News

13 Apr

Impact 4 · · Business Wire

31 Mar

11 Feb

Impact 3 · · Business Wire24/7 Wall St.Motley FoolBarchartMotley Fool24/7 Wall St.

9 Feb

Impact 3 · · Associated Press Finance
stockrow.com/MNTS · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com