Intuitive Machines (LUNR) Stock Rockets Higher After Revenue Quadruples Year Over Year

TLDR

• LUNR reported Q2 revenue of $206 million, up from $50.3 million a year ago
• Net loss came in at $62.8 million, wider than the $38.2 million loss in Q2 2025
• Backlog jumped to $1.8 billion from $213.1 million at year-end 2025
• The company booked $920 million in awards during Q2, including a $600 million+ satellite contract
• Full-year 2026 revenue guidance set at $900 million to $1 billion, with positive adjusted EBITDA expected

Intuitive Machines $LUNR posted record quarterly revenue of $206 million for Q2 2026, a more than four-fold increase compared to $50.3 million in Q2 2025. The stock was trading up around 2.85% following the release.

Intuitive Machines, Inc., LUNR

Product revenue accounted for $166.7 million of the total, while service revenue contributed $36.7 million.

The company reported a net loss of $62.8 million in the quarter, compared to a loss of $38.2 million in the same period last year.

INTUITIVE MACHINES $LUNR Q2’26 EARNINGS HIGHLIGHTS

🔹 Revenue: $206M (Est. $216M) 🔴
🔹 EPS: -$0.29 (Est. -$0.10) 🔴
🔹 Backlog: $1.8B

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