Intuitive Machines Q2 FY26 net loss narrows to $62.84 million; revenue more than quadruples to $206.17 million vs Q2 FY25

Reuters2026/08/13 11:32

By:Reuters

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

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intuitive Machines Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130730PRIMZONEFULLFEED9809479) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Intuitive Machines Q2 FY26 net loss narrows to $62.84 million; revenue more than quadruples to $206.17 million vs Q2 FY25

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