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Intuitive Machines (LUNR) R&D spending by quarter

Intuitive Machines' R&D spending was $7.7M in Q2 2026 (second quarter 2026), +38% from Q1 2026. Over the last 4 quarters it ranged from $461K (Q2 2025) to $7.7M (Q2 2026).

Intuitive Machines R&D spending by quarterIntuitive Machines R&D spending by quarter$911KQ1 2025$461KQ2 2025$5.6MQ1 2026$7.7MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$7.7M+38%17×
Q1 2026$5.6M12×+514%
Q2 2025$461K-49%—
Q1 2025$911K——

Q2 2026 at a glance

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 follows the revenue to costs, profit and cash.

Questions

What is Intuitive Machines' R&D spending?

Intuitive Machines' R&D spending was $7.7M in Q2 2026 (second quarter 2026), +38% from Q1 2026.

How has Intuitive Machines' R&D spending changed?

Over the last 4 quarters it ranged from $461K (Q2 2025) to $7.7M (Q2 2026).

Q2 2026 results → · How Intuitive Machines makes money →