Momentus Q2 FY26 net loss widens 28% to $8.27 million; revenue drops 87% to $25,000
MNTS•Six-month results and launch updates
For the six months ended June 30, revenue more than doubled to $3.24 million, while net loss widened 41% to $17.75 million.
Vigoride 7 launched March 30 with 10 payloads; Vigoride 8, expected to launch in 2027, is fully booked with two NASA payloads.
Quarterly loss widens as revenue falls
Momentus posted a net loss of $8.27 million for the quarter ended June 30, 2026, widening 28% from a year earlier.
Revenue fell 87% to $25,000, while operating loss widened 36% to $8.11 million on higher research and development spending.
Research and development spending rises
Research and development expenses jumped 93% to $4.23 million; selling, general and administrative expenses were flat at $3.9 million.
