Intuitive Machines, Inc. ( (LUNR) ) has released its Q2 earnings. Here is a breakdown of the information Intuitive Machines, Inc. presented to its investors.
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Intuitive Machines, Inc., a prominent player in the space technology and infrastructure services sector, focuses on lunar access and space commercialization through delivery services, data transmission, and infrastructure as a service. The company recently reported its financial results for the second quarter of 2025, highlighting strategic moves and financial performance.
In the second quarter of 2025, Intuitive Machines achieved a revenue of $50.3 million, marking a 21% increase compared to the same period last year. The company made significant strategic investments, including bringing satellite manufacturing in-house and signing a purchase agreement to acquire KinetX, a leader in space navigation and flight dynamics software. Additionally, Intuitive Machines expanded its production facilities at Houston Spaceport by 140,000 square feet to support its growing operations.
Financially, the company ended the quarter debt-free with $345 million in cash, demonstrating a strong balance sheet and liquidity position. Despite an operating loss of $28.6 million, the company remains focused on long-term growth through strategic mergers and acquisitions, particularly in data services and national security space markets. The company’s backlog decreased to $256.9 million, reflecting ongoing contract performance and new awards.
Looking ahead, Intuitive Machines projects its full-year 2025 revenue to be near the lower end of its previous outlook, with potential opportunities to reach the mid-point of $275 million. The company expects to achieve positive adjusted EBITDA in 2026, indicating a focus on enhancing shareholder value through strategic investments and market opportunities.