Intuitive Machines Q2 revenue rises to $206 million; net loss widens to $62.8 million
Intuitive Machines reported second-quarter 2026 revenue of $206 million, up from $50.3 million a year earlier, and ended the quarter with backlog of $1.8 billion. Its net loss widened to $62.8 million, or $0.29 per share, from $38.2 million, or $0.22 per share, so higher sales did not translate into a smaller loss per share for shareholders. The company also set a full-year 2026 revenue outlook of $900 million to $1 billion.
Key points
- Q2 2026 total revenue of $206.2 million versus $50.3 million in Q2 2025
- Net loss of $62.8 million ($0.29 per share) versus $38.2 million ($0.22 per share) a year earlier
- Adjusted EBITDA loss narrowed to $13.8 million from $25.4 million in Q2 2025
- Backlog of $1.76 billion at June 30, 2026; full-year 2026 revenue outlook of $900 million to $1 billion
The filing
Written by AI on Nov 9, 2026, 11:45 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.