Filing Flows › Intuitive Machines (LUNR) › Q2 2026 › vs Q2 2025
Intuitive Machines (LUNR) Q2 2026 vs Q2 2025 (year over year)
Intuitive Machines's revenue rose $156M (+310%) from $50.3M in Q2 2025 to $206M in Q2 2026. The biggest changes: Product revenue +$167M (—); Service revenue −$13.6M (-27%); Other revenues +$2.8M (—).
Intuitive Machines, Q2 2026: revenue $206M (+310% year over year), operating margin -22.9%, net loss $62.8M, operating cash flow −$57.1M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Product revenue | $167M | $0 | $167M | — |
| Service revenue | $36.7M | $50.3M | −$13.6M | -27% |
| Other revenues | $2.8M | $0 | $2.8M | — |
| Revenue | $206M | $50.3M | $156M | +310% |
| Net loss | $62.8M | $38.2M | $24.6M | +64% |
| Costs & expenses | $269M | $88.5M | $180M | +204% |
| Operating costs | $253M | $79.0M | $174M | +221% |
| Interest & other, net | $15.7M | $9.6M | $6.1M | +64% |
| Income tax | $8K | $0 | $8K | — |
| Research & development | $7.7M | $461K | $7.3M | 17× |
| General & admin | $60.3M | $15.6M | $44.8M | +287% |
| Other operating costs | $185M | $62.9M | $122M | +194% |
| Operating cash sources | $82.5M | $22.5M | $60.0M | +266% |
| Depreciation & amortization | $14.9M | $752K | $14.2M | 20× |
| Share-based compensation | $10.5M | $2.5M | $8.0M | +316% |
| Cash used in operations | $57.1M | $19.3M | $37.8M | +196% |
| Net loss absorbed | $62.8M | $38.2M | $24.6M | +64% |
| Working capital & other | $19.7M | −$15.7M | $35.4M | — |
Questions
How much did Intuitive Machines's revenue grow year over year in Q2 2026?
Intuitive Machines's revenue rose $156M (+310%) from $50.3M in Q2 2025 to $206M in Q2 2026.
What drove Intuitive Machines's revenue change in Q2 2026?
Product revenue +$167M (—); Service revenue −$13.6M (-27%); Other revenues +$2.8M (—).