Earnings ·
Intuitive Machines reported second quarter 2026 financial results on August 13, 2026, achieving record quarterly…
LUNRIntuitive Machines, Inc.
Intuitive Machines reported second quarter 2026 financial results on August 13, 2026, achieving record quarterly revenue of $206 million and ending the period with a record backlog of $1.8 billion, an increase of $1.5 billion from year-end 2025. The company booked $920 million in awards during Q2 and an additional $300 million in Q3 year-to-date, including a $600+ million contract for three commercial GEO satellites and expanded National Security revenue which grew to 30% of the quarter's total. Intuitive Machines closed its acquisition of Goonhilly Earth Station and COMSAT in August and secured additional CLPS lander contracts under NASA’s Moonbase program. The company provided full-year 2026 revenue guidance of $900 million to $1 billion and expects Adjusted EBITDA to be positive for the year, while maintaining a cash balance of $367 million at quarter-end. Intuitive Machines operates in the space technology industry, providing integrated spacecraft manufacturing, communications, networks, mission operations, and ground infrastructure services.