earnings
confidence high
sentiment positive
materiality 0.70
Intuitive Machines Q1 revenue $62.5M, up 14% QoQ; cash $373.3M, positive free cash flow
Intuitive Machines, Inc.
2025-Q1 EPS reported
-$0.11
revenue$62,524,000
- Revenue $62.5M in Q1 2025, up 14% vs Q4; gross margin 11% ($6.7M), third consecutive positive gross margin quarter.
- Positive operating cash flow of $19.4M; free cash flow $13.3M; cash balance $373.3M after warrant redemption.
- Awarded NASA NSNS milestones: $9M in Q1, additional $18M for next two milestones in Q2; $10M Texas Space Commission grant.
- Full-year 2025 revenue outlook $250-300M; positive run-rate adjusted EBITDA by end of 2025; positive adjusted EBITDA in 2026.
- IM-2 mission success payments expected in Q2; IM-3 lunar mission on track for first half of 2026.