---
schema_version: "secwatch.filing_event.v1"
accession: "0001844452-23-000021"
form_type: "8-K"
ticker: "LUNR"
cik: "0001844452"
company_name: "Intuitive Machines, Inc."
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T04:51:04.351020+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Intuitive Machines Q1 revenue $18.2M, operating loss $14M; backlog $156.1M, NASA OMES III $719M contract

## Summary
- Revenue $18.2M vs $18.5M YoY; operating loss $(14.0)M vs $(4.5)M.
- Cash $46.8M at quarter end; additional $13.6M from warrant exercises in April.
- Contracted backlog $156.1M, $107.7M expected to convert to revenue in 2023.
- Awarded 5-year $719M NASA OMES III contract in April 2023 (joint venture with KBR).
- 2023 revenue guidance $174M-$268M; gross margin 5-18%; year-end cash ~$49M.

## SEC filing metadata
- accession: 0001844452-23-000021
- form_type: 8-K
- ticker: LUNR
- cik: 0001844452
- company_name: Intuitive Machines, Inc.
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844452/000184445223000021/0001844452-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844452/000184445223000021/lunr-20230511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001844452-23-000021
- JSON: https://secwatch.observer/filing/0001844452-23-000021.json
- Plain text: https://secwatch.observer/filing/0001844452-23-000021.txt

## Key facts
- Earnings Releases
  Intuitive Machines, Inc. reported the first quarter ended March 31, 2023 results: revenue $18.2 million. Guidance initiated.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $18.2 million
  - Guidance: initiated
  - Result: reported results
  source text: • Contracted backlog of $156.1 million at quarter-end, $107.7 million of which is expected to convert to revenue over the remainder of the year. • First quarter 2023 revenue of $18.2 million, driven primarily by three NASA CLPS contracts within lunar access services, compared to $18.5 million in the first quarter of 2022. • Operating loss of $(14.0) million versus
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844452/000184445223000021/0001844452-23-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.