M&A
confidence high
sentiment positive
materiality 0.90
Intuitive Machines reports record Q1 revenue $186.7M and announces £37M acquisition of Goonhilly Earth Station
Intuitive Machines, Inc.
- Record quarterly revenue of $186.7M (nearly 3x prior year); positive Adjusted EBITDA of $2.7M.
- Full-year 2026 revenue guidance $900M-$1B, Adjusted EBITDA positive.
- Acquiring Goonhilly Earth Station for £37M (half cash/half stock: 960,649 shares), expected close Q3 2026.
- Record backlog of $1.1B, up $842M from year-end 2025.
- $428.9M in new contract awards including $180.4M CLPS task order and first revenue synergy award under $6.2B Andromeda IDIQ.