Earnings ·
Intuitive Machines reports record Q2 revenue of $206M and backlog of $1.8B
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.