earnings
confidence high
sentiment positive
materiality 0.75
Intuitive Machines Q4 rev $54.7M (+79% YoY); backlog $328.3M, cash $385M
Intuitive Machines, Inc.
- Q4 2024 revenue $54.7M, up 79% YoY; full-year revenue $228M, nearly triple 2023.
- Record backlog $328.3M, up 22% YoY; cash $207.6M at year-end, $385M after warrant redemption.
- Positive gross margin in Q4 and full-year 2024, second consecutive quarter.
- FY2025 revenue outlook $250-300M; positive run-rate Adj. EBITDA by end of 2025, positive in 2026.
- Operational highlights: southernmost lunar landing, NASA NSN contract, upsized $125M stock offering.