Intuitive Machines Q2 FY26 net loss narrows to $62.84 million; revenue more than quadruples to $206.17 million vs Q2 FY25
LUNR•Q2 FY26 results and backlog
- Intuitive Machines posted Q2 2026 revenue of $206 million, more than doubled from $50.31 million a year earlier.
- Net loss widened to $62.84 million from $38.21 million; net loss per share deepened to $0.29 from $0.22.
- Operating loss expanded to $47.14 million from $28.64 million, while cash and cash equivalents fell to $367.35 million from $582.61 million.
- Backlog climbed to $1.8 billion from $213.07 million at year-end 2025, driven by acquired backlog, new awards, and contract expansions.
- Management reiterated full-year 2026 revenue guidance of $900 million-$1 billion, targeting positive adjusted EBITDA.
