Momentus shares surge 11.43% after-hours on improved Q3 revenue and gross profit despite higher net loss.

Momentus Inc. surged 11.43% in after-hours trading following the release of its Q3 2025 10-Q report, which highlighted improved financial metrics and strategic advancements. The report noted a significant increase in service revenue ($0.234 million vs. $0.107 million year-over-year) and a narrowed operating loss ($6.246 million vs. $7.593 million), reflecting cost management efforts. Additionally, the company introduced the M-1000 satellite bus, a product designed to enhance maneuverability and reduce costs, and outlined plans for future missions using the Vigoride 7 OSV. Despite a $11.07 million net loss, the improved gross profit and operational focus on scaling production likely fueled investor optimism about long-term profitability and market expansion.