earnings
confidence high
sentiment positive
materiality 0.85
Intuitive Machines Q2 revenue $206M (4x YoY); record backlog $1.8B
Intuitive Machines, Inc.
- Record Q2 revenue of $206M, over 4x Q2 2025; cash balance $367M at quarter end.
- Record backlog of $1.8B, up $1.5B from year-end 2025; $920M awards booked in Q2 plus $300M in Q3 QTD.
- Signed $600M+ contract for three commercial GEO satellites; sixth CLPS lander contract awarded under NASA Moonbase program.
- National Security revenue grew from 3% to 30% of revenue YoY; July award for 18 spacecraft for AMDT3 Golden Dome.
- FY2026 revenue guidance $900M-$1B; Adjusted EBITDA positive for full year.