Intuitive Machines, Inc. ( (LUNR) ) has released its Q1 earnings. Here is a breakdown of the information Intuitive Machines, Inc. presented to its investors.
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Intuitive Machines, Inc. is a prominent space technology and infrastructure services company, known for its innovative approach to lunar access and space commercialization, focusing on delivery services, data transmission, and infrastructure as a service.
In its first quarter of 2025, Intuitive Machines reported significant achievements, including a successful lunar mission and strategic contract awards, reflecting its strong position in the space technology sector.
The company achieved a revenue of $62.5 million, marking a 14% increase from the previous quarter, driven by growth in key programs. Intuitive Machines also expanded its gross margin to 11%, demonstrating efficient program execution and a shift towards higher-margin service businesses. Additionally, the company generated $19.4 million in positive operating cash flow, resulting in a positive free cash flow of $13.3 million.
Strategic highlights include the completion of the Lunar Terrain Vehicle Services preliminary design review and the execution of milestones for NASA’s Near Space Network Services contract. The company also received a $10 million grant from the Texas Space Commission for developing an Earth reentry vehicle and microgravity research lab, positioning itself for future Moon and Mars missions.
Looking ahead, Intuitive Machines anticipates a full-year revenue outlook of $250 to $300 million for 2025, with expectations of achieving positive adjusted EBITDA by the end of the year. The company is poised to leverage its track record to expand into adjacent markets, enhancing its role as a comprehensive provider in the space economy.