HOUSTON, March 19, 2026 (GLOBE NEWSWIRE) — Intuitive Machines, Inc. (Nasdaq: LUNR, âIntuitive Machines,â or the âCompanyâ), a leading space technology, infrastructure, and services company, today announced its financial results for the fourth quarter and full-year ended December 31, 2025.
Intuitive Machines CEO Steve Altemus said, â2025 was a transformational year for Intuitive Machines. We completed our second lunar mission, expanded into national security space programs, closed the acquisition of KinetX Aerospace, and announced the acquisition of Lanteris Space Systems. These acquisitions significantly expand our scale, addressable market, and growth opportunities.â
Highlights
- Completed $800 million acquisition of Lanteris Space Systems in Q1 2026 to be a vertically integrated next-generation space prime contractor for commercial, civil and national security space initiatives
- Completed acquisition of KinetX to expand deep space navigation and constellation management capabilities, while accelerating delivery of secure data relay from the Moon to Mars
- Awarded to support SDA Proliferated Warfighter Space Architecture tranche 3 tracking layer, started production on tranche 2, and finishing customer delivery for tranche 1
- Awarded a contract for the Missile Defense Agency SHIELD IDIQ with a ceiling of $151 billion; this contract encompasses a broad range of work areas that allows for the rapid delivery of innovative capabilities to the warfighter with increased speed and agility
- Launched EchoStar XXV in Q1 2026; completing final spacecraft checkouts and joins a fleet of over 100 spacecraft in orbit
- Secured $175 million strategic investment in Q1 2026 to advance satellite communications and in-space data processing capabilities
Mr. Altemus continued, âIntuitive Machines intends to invest in expanding its Near Space Network Services and establish a solar system internet independent of Earth. Through investments in the Lanteris platforms, specifically the 1300 series, the Company believes it can grow market share in Geostationary Orbit (GEO), expand capability around the Moon, extend capability to Mars, and support emerging high-power on-orbit data processing and edge computing.â
Financial Highlights
- Achieved $44.8 million of revenue in Q4 driven primarily by Commercial Lunar Payload Services (CLPS), Omnibus Multidiscipline Engineering Services III (OMES III), and Near Space Network Services (NSNS) while continuing to look forward to near-term upcoming awards, including NASAâs Lunar Terrain Vehicle Services and the next Commercial Lunar Payload Services award
- Continued drive towards profitability with 19% positive gross margin in Q4, representing margin improvement throughout 2025
- Disciplined capital management combined with higher-margin service revenue growth throughout 2025 resulted in $56 million free cash flow use, an $11.7 million year over year improvement
- Combined Company February month end backlog of approximately $943 million
2026 Outlook
- Full-year 2026 revenue of $900 million – $1 billion
- Full-year 2026 Adjusted EBITDA positive
Read the full press releaseâŚ
Intuitive Machines Reports Fourth Quarter and Full-Year 2025 Financial Results
by u/_DoubleBubbler_ in DoubleBubbler
