The space exploration firm reported a $0.29 GAAP EPS loss and $206.17M revenue, missing estimates despite year-over-year growth.
Intuitive Machines posted a Q2 GAAP loss per share of $0.29, missing estimates by $0.19. Revenue reached $206.17M, up 309.8% year-over-year but $14.95M below expectations.
The company’s revenue growth was driven by increased demand for its lunar lander and data services, though the miss reflects higher-than-anticipated operational costs. Analysts had projected stronger top-line performance amid rising investments in space infrastructure.
Intuitive Machines ended the quarter with $367 million in cash, supporting its long-term growth strategy despite the earnings shortfall.