Momentus Q1 FY26 net loss widens to $9.48 million; revenue rises to $3.22 million

MOMENTUS INC

MOMENTUS INC

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  • Momentus posted a wider net loss of $9.48 million for quarter ended March 31, 2026, up 54% from year-ago period, as operating loss widened 41% to $8.69 million.
  • Revenue more than doubled to $3.22 million, driven by $1.6 million from hosted payload services tied to Vigoride 7 and $1.6 million from engineering project services on expanded NASA work and continued DARPA NOM4D and DARPA BRIDGES programs.
  • Research and development expense climbed 118% to $4.17 million, while selling, general and administrative costs rose 38% to $6.34 million on higher legal spending.
  • Cash used in operating activities increased to $5.81 million, while financing activities provided $16.73 million, lifting net change in cash and cash equivalents to $10.73 million.
  • Vigoride 7 launched March 30 with 10 payloads, with mission expected to last several months and include customers such as DARPA, SpaceWERX, U.S. Air Force Research Laboratory, NASA, and commercial operators.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Momentus Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-034490), on May 13, 2026, and is solely responsible for the information contained therein.