Short answer
Intuitive Machines, Inc. (LUNR) filed its Q1 2026 10-Q quarterly report on May 15, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $184M (up 193.7% year over year) with net income of −$37M.
Q1 2026 key financials · XBRL
- Revenue
- $184M
- +193.7% YoY
- Net income
- −$37M
- −228.1% YoY
- Operating margin
- -21.3%
- EPS (diluted)
- −$0.25
- −127.3% YoY
Source: XBRL data from the Intuitive Machines, Inc. (LUNR) Q1 2026 10-Q on SEC EDGAR. USD.
Intuitive Machines, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $186.7M, up $124.2M YoY from $62.5M, primarily reflecting Lanteris acquisition
- Product revenue $141.6M, led by Tracking Layer $39.5M and Power & Propulsion Element $30.6M
- Operating loss $39.2M vs $10.1M; operating margin -21.0% vs -16.1% YoY
- Net loss attributable to Company $37.4M vs $11.4M; warrant liability loss $9.4M vs $43.0M gain
- $1.1B contracted backlog; near-term headwinds from government funding uncertainty, tariffs, and launch delays
Risk Factors
- No material risk-factor changes from the 2025 Form 10-K
- Carried-forward risks remain the principal disclosed risks, with no new trigger identified
- Unregistered equity sales reported through January 13 and February 25, 2026 Form 8-Ks
- No defaults upon senior securities reported as of March 31, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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