Revenue: As of FY2026 Q1, the actual value is USD 3.215 M.EPS: As of FY2026 Q1, the actual value is USD -2.15.EBIT: As of FY2026 Q1, the actual value is USD -8.22 M.Momentus Inc. operates as a single segment.<h4>Segment Revenue</h4>For the three months ended March 31, 2026, Momentus Inc. reported total service revenue of $3,215 thousand, a significant increase from $322 thousand for the same period in 2025. This revenue was primarily driven by $1,618 thousand from hosted payload services and $1,597 thousand from engineering project services in 2026, compared to no hosted payload services and $235 thousand from engineering project services in 2025. Cost of revenue was $1,398 thousand in 2026, up from $0 thousand in 2025. The gross profit for the three months ended March 31, 2026, was $1,817 thousand, an increase from $322 thousand in 2025.<h4>Operational Metrics</h4><ul><li>Research and Development Expenses: Increased to $4,169 thousand for the three months ended March 31, 2026, from $1,915 thousand for the same period in 2025.</li><li>Selling, General and Administrative Expenses: Increased to $6,340 thousand for the three months ended March 31, 2026, from $4,592 thousand for the same period in 2025.</li><li>Total Operating Expenses: Rose to $10,509 thousand in 2026 from $6,507 thousand in 2025.</li><li>Loss from Operations: Increased to - $8,692 thousand in 2026 from - $6,185 thousand in 2025.</li><li>Net Loss: Increased to - $9,480 thousand for the three months ended March 31, 2026, from - $6,172 thousand for the same period in 2025.</li></ul><h4>Cash Flow</h4><ul><li>Net Cash Used in Operating Activities: Amounted to - $5,814 thousand for the three months ended March 31, 2026, compared to - $4,175 thousand for the same period in 2025.</li><li>Net Cash Provided by Financing Activities: Totaled $16,726 thousand for the three months ended March 31, 2026, up from $6,001 thousand for the same period in 2025.</li></ul><h4>Unique Metrics and Operational Highlights</h4>Momentus Inc. has launched five missions to date, deployed 17 customer satellites, and provided hosted payload services. Four Vigoride missions have successfully demonstrated OSV operation and accumulated significant flight heritage. The Vigoride 7 OSV, launched on March 30, 2026, carries 10 payloads for government and commercial customers, including DARPA, SpaceWERX, U.S. Air Force Research Laboratory, and NASA. The company is also offering its M-1000 satellite bus, which shares substantial commonality with the Vigoride OSV.<h4>Future Outlook and Strategy</h4>Management believes there is no longer substantial doubt about Momentus Inc.’s ability to continue as a going concern due to financings and related transactions completed since December 31, 2025, including $16.7 million in net cash from financing activities during Q1 2026. The company projects sufficient resources to fund operations and meet obligations for at least the next twelve months. Momentus Inc. anticipates considerable growth in the space transportation segment, driven by increasing demand for small satellite transportation to low-Earth orbit, and expects that new space-based businesses will further boost demand for transportation and space infrastructure services.

Momentus | 10-Q: FY2026 Q1 Revenue: USD 3.215 M