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How Intuitive Machines (LUNR) makes money

Intuitive Machines (LUNR) made $206M of revenue in the second quarter 2026 (Q2 2026), +310% from a year earlier. Product revenue brought in $167M (81%); Service revenue brought in $36.7M (18%); Other revenues brought in $2.8M (1%).

Drawing the Sankey…

Intuitive Machines revenue by segment, Q2 2026Intuitive Machines revenue by segment, Q2 2026Product revenue$167MService revenue$36.7MOther revenues$2.8M
Intuitive Machines revenue by quarterIntuitive Machines revenue by quarter$54.7MQ4 2024$62.5MQ1 2025$50.3MQ2 2025$52.4MQ3 2025$44.8MQ4 2025$187MQ1 2026$206MQ2 2026
Intuitive Machines: where each dollar of revenue goesIntuitive Machines: where each dollar of revenue goesIncome tax0¢

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Product revenue$167M80.9%+18%—
Service revenue$36.7M17.8%-13%-27%
Other revenues$2.8M1.3%-11%—

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$206M100.0%
Income tax$8K0.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$206M+310%
Q1 2026$187M+199%
Q4 2025$44.8M-18%
Q3 2025$52.4M-10%
Q2 2025$50.3M+21%
Q1 2025$62.5M-15%
Q4 2024$54.7M+79%

From Intuitive Machines' 10-Q filed Aug 13, 2026 (on EDGAR).

Questions

How does Intuitive Machines make money?

Intuitive Machines (LUNR) made $206M of revenue in the second quarter 2026 (Q2 2026), +310% from a year earlier. Product revenue brought in $167M (81%); Service revenue brought in $36.7M (18%); Other revenues brought in $2.8M (1%).

What is Intuitive Machines' biggest business?

Product revenue: $167M in the second quarter 2026, 81% of revenue.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.