Intuitive Machines, Inc. (LUNR)
NASDAQ:LUNR
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Earnings Data
Report Date
Aug 18, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.07Last Year’s EPS
-0.22Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strongly positive operational and commercial narrative—record revenue, large backlog, major contract awards (including a $6.24B Andromeda IDIQ), and the successful integration of Lanteris have materially improved margin profile and produced positive adjusted EBITDA. These positives are tempered by significant one-time acquisition and integration costs, a wider GAAP operating loss, negative free cash flow for the quarter, and pending award timing that creates near-term uncertainty. Management expects many of the one-time costs to normalize and retains 2026 revenue and profitability guidance backed by backlog, supporting a constructive outlook.Company Guidance
Record Quarterly Revenue
Q1 revenue of $186.7 million (reported as $187M), ~3x Q1 2025 (approximately +200% year-over-year), driven by satellite manufacturing, CLPS missions, OMES and NSNS programs.
Material Gross Profit Expansion
Gross profit increased to $30.1 million from $6.7 million in prior year Q1, an increase of ~$23.4 million (approximately +349%), reflecting higher-margin satellite and services contribution.
Adjusted EBITDA Turned Positive
Adjusted EBITDA was positive $2.7 million versus negative $6.6 million a year ago (improvement of ~$9.3 million), demonstrating improving earnings power of the combined business.
Record Backlog and Strong New Bookings
Exited Q1 with a record backlog of $1.1 billion supported by >$400 million in new bookings this quarter (including SDA Tranche 3 and CLPS CT-4); company expects 60%–65% of backlog to convert to 2026 revenue.
Strategic M&A and Capability Expansion
Lanteris acquisition closed Jan 13 and described as immediately accretive; definitive agreement signed to acquire Goonhilly Earth Station (expected close in Q3), and KinetX integration strengthens navigation/operations capabilities.
Major Contract Wins and Awards
Selected for U.S. Space Force Andromeda IDIQ (10-year vehicle up to $6.24 billion) and awarded SDA Tranche 3 work; additional CLPS awards (CT-4) and NSNS contract activity broaden civil/commercial/national security footprint.
Operational and Technical Milestones
IM-3 entered vertical assembly; IM-4 engine testing completed meeting requirements; SiriusXM-11 ready for transport and EchoStar XXV on-orbit testing completed—demonstrating production and flight heritage.
Maintained Full-Year Guidance
Company maintained 2026 revenue guidance of $900M–$1B and continues to expect positive adjusted EBITDA for full year, with a significant portion of expected revenue supported by contract backlog.
LUNR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LUNR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2026 | $35.68 | $36.52 | +2.35% |
Mar 19, 2026 | $18.11 | $18.91 | +4.42% |
Nov 04, 2025 | $11.58 | $10.40 | -10.19% |
Aug 07, 2025 | $10.50 | $10.05 | -4.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Intuitive Machines, Inc. (LUNR) report earnings?
Intuitive Machines, Inc. (LUNR) is schdueled to report earning on Aug 18, 2026, After Close (Confirmed).
What is Intuitive Machines, Inc. (LUNR) earnings time?
Intuitive Machines, Inc. (LUNR) earnings time is at Aug 18, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LUNR EPS forecast?
LUNR EPS forecast for the fiscal quarter 2026 (Q2) is -0.07.
