Intuitive Machines reports $186.7M Q1 revenue, $1.1B backlog
Intuitive Machines delivered Q1 2026 revenue of $186.7 million, nearly triple the prior-year quarter, driven by lunar lander contracts. The company’s backlog soared to $1.1 billion, reflecting strong demand for its space exploration services and bolstering its order pipeline through 2026.
1. Record Q1 Performance
Intuitive Machines achieved Q1 2026 revenue of $186.7 million, representing a nearly threefold increase year-over-year. This surge reflects accelerated recognition of lunar lander service contracts and milestones in mission development.
2. Expanded Backlog
The backlog reached $1.1 billion, marking the highest order pipeline in company history. The backlog composition includes multiple upcoming lunar lander missions and related service agreements scheduled through 2026.
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