Intuitive Machines Stock Falls 13% in Pre-Market Trading After Q2 Revenue Miss Despite Record $206.2M

Shares of Intuitive Machines (LUNR) fell over 13% in pre-market trading on Thursday after the space infrastructure company's second-quarter revenue of $206.2 million missed Wall Street's estimate of approximately $221.1 million. The company also reported a wider-than-expected loss of $0.29 per share versus analysts' forecast of $0.1 per share loss.

Q2 revenue more than quadrupled from $50.3 million a year earlier, driven by spacecraft production and work across Commercial Lunar Payload Services and other programs. Intuitive Machines ended the quarter with a record backlog of $1.8 billion, up $1.5 billion from the end of 2025, and guided 2026 revenue between $900 million and $1 billion.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate US. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate US does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments involve high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments