Intuitive Machines reports Q2 revenue of $206M (4x YoY), backlog of $1.8B, guides FY2026 to $900M-$1B

Filed August 13, 2026 · Period ending August 13, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 revenue reached $206M, over 4x the $50.3M in Q2 2025, driven by spacecraft production and program execution across CLPS, OMES, and NSNS contracts.

  Exhibit 99.1 view on EDGAR →
• high

  Backlog hit record $1.8B at quarter-end, up $1.5B from year-end 2025, reflecting $920M of Q2 awards plus $300M in Q3 quarter-to-date, including a $600M+ commercial GEO satellite contract and 18 spacecraft for AMDT3 Golden Dome.

  Exhibit 99.1 view on EDGAR →
• high

  Management guided full-year 2026 revenue of $900M-$1B and expects Adjusted EBITDA to turn positive for the full year.

  Exhibit 99.1 view on EDGAR →