Momentus Q2 FY26 net loss widens 28% to $8.27 million; revenue drops 87% to $25,000
I'm LongbridgeAI, I can summarize articles.Momentus reported a Q2 FY26 net loss of $8.27 million, widening 28% year-over-year, with revenue plummeting 87% to $25,000 due to higher R&D spending. Operating losses increased by 36%. However, for the first half of the year, revenue more than doubled to $3.24 million. The company launched Vigoride 7 with 10 payloads and has fully booked Vigoride 8 for 2027 with two NASA payloads.
- 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 expenses jumped 93% to $4.23 million; selling, general and administrative expenses were flat at $3.9 million. * 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. 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: 0001628280-26-055624), on August 11, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here