6 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 24.9% per year over the past 5 years.
Operating margin has expanded, at -2455.4% in the latest year.
Financial health
Operating income covered interest expense -40.3× in the latest year.
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$1M
-$30M
99.8%
-2455.4%
-$23M
—
$13M
2024
$2M
-$35M
96.9%
-1404.1%
-$17M
—
$2M
2023
$3M
-$69M
72.3%
-2206.9%
-$62M
—
$2M
2022
$299000
-$95M
91.3%
-30526.8%
-$88M
—
$61M
2021
$330000
$121M
140.9%
-30230.6%
-$90M
—
$160M
2020
$365000
-$307M
-0.8%
-9497.5%
-$34M
—
$23M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$3M
-$9M
56.5%
-270.4%
-$6M
—
$23M
Dec '25
$363000
-$7M
100.0%
-2446.3%
—
—
$13M
Sep '25
$234000
-$11M
100.0%
-2669.2%
—
—
$670000
Jun '25
$191000
-$6M
99.0%
-3112.0%
—
—
$132000
Mar '25
$322000
-$6M
100.0%
-1920.8%
-$4M
—
$3M
Dec '24
$285000
-$12M
100.0%
-2385.6%
-$6M
—
$2M
Sep '24
$107000
-$8M
38.3%
-7096.3%
-$5M
—
$798000
Jun '24
$1M
-$7M
100.0%
-576.0%
-$1M
—
$897000
Mar '24
$513000
-$8M
100.0%
-1623.2%
-$5M
—
$2M
Dec '23
$1M
-$14M
66.0%
-1353.4%
-$16M
—
$2M
Sep '23
$339000
-$15M
64.9%
-4444.2%
-$13M
—
$10M
Jun '23
$2M
-$19M
77.2%
-1108.2%
-$15M
—
$21M
Mar '23
$22000
-$21M
100.0%
-92577.3%
-$19M
—
$39M
Dec '22
$120000
-$24M
100.0%
-17576.7%
-$16M
—
$61M
Sep '22
$129000
-$21M
89.1%
-16775.2%
-$26M
—
$82M
Jun '22
$50000
-$23M
76.0%
-47438.0%
-$23M
—
$109M
Mar '22
$0
-$27M
—
—
-$23M
—
$136M
Dec '21
$0
-$3M
—
—
-$17M
—
$160M
Sep '21
$200000
-$6M
192.0%
-10360.5%
-$26M
—
$178M
Jun '21
$0
$64M
—
—
-$25M
—
$9296
Valuation over time
How the market has priced MNTS against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 19.5× (Mar '23) to 65.8× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is MNTS growing its revenue and profit?
Over the past 5 years, Momentus Inc.'s revenue has grown 24.9% per year. These are computed facts, not advice.
How much debt does MNTS have?
As of FY2025, Momentus Inc. reported — of total debt against $13M of cash; operating income covered interest expense -40.3×.
What is MNTS's profit margin?
In FY2025, gross margin was 99.8%, operating margin -2455.4%, and net margin -2682.7%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.