Intuitive Machines, Inc. · NASDAQ:LUNR
Intuitive Machines — Q2 2026 Earnings Presentation
16 slides from Intuitive Machines's earnings presentation, Aug 13, 2026
Slide 1: Investor Update
INVESTOR UPDATE August 13, 2026 1 Intuitive Machines | Q2 2026 Financial Update IM
Slide 2: Disclaimer and Forward-Looking Statements
DISCLAIMER AND FORWARD-LOOKING STATEMENTS This presentation includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform government shutdowns or extended continuing resolution and our dependence on U.S. government contracts and the Act of 1995, as amended. The
Slide 3: Q2 Highlights: Record Breaking
Q2 HIGHLIGHTS RECORD BREAKING QUARTERLY REVENUE Gross margin BACKLOG * $206.2 Million 17.4% Gross Margin $1.8 billion >4x Q2 2025 2026 q2 revenue mix 38% Civil (includes grant revenue) 32% Commercial 30% National Security *We define backlog as our total estimate of the revenue we expect to realize i
Slide 4: Build | Civil
BUILD | CIVIL IM-3 IM-4 IM-5 IM-6 Nova-C Nova-C Nova-C Nova-D Two NASA CLPS awards in Q1/Q2, extending lunar delivery cadence into 2030 with expanded Nova-D payload capacity 4 Intuitive Machines | Q2 2026 Financial Update IM
Slide 5: Build | Commercial: $600+ million contract award
BUILD | COMMERCIAL $600+ million contract award for three commercial GEO satellites as commercial demand strength continues 5 Intuitive Machines | Q2 2026 Financial Update IM
Slide 6: Build | National Security: Expanding national security portfolio
BUILD | NATIONAL SECURITY U.S. Space Force Selection for Expanding $6.24B ceiling Andromeda IDIQ in Q2 Space Domain Awareness in GEO Awarded AMDT3 Golden Dome 18-spacecraft authority to proceed award in Q2, finalized in Q3 national Received ATP for Two 300 Series Spacecraft Restricted customer autho
Slide 7: Connect | Ground Segment: Goonhilly acquisition
CONNECT | GROUND SEGMENT completed acquisition – Q3 Goonhilly earth station & comsat SPACE-PROVEN INFRASTRUCTURE PRIME SPACE-DATA SOLUTION Adding proven global ground station capacity to Creating a single, resilient, interoperable network across our data network LEO, MEO, GEO, cislunar, and beyond e
Slide 8: Connect | Lunar Constellation
CONNECT | LUNAR CONSTELLATION first lunar communications relay satellite in production; to launch with IM-3 Q1 2027 Accelerating build of remaining four satellite constellation to launch together in 2028 in support of NASA’s Artemis Program and Moonbase Initiatives 8 Intuitive Machines | Q2 2026 Fin
Slide 9: Operate | Lunar Imagery
OPERATE | LUNAR IMAGERY Contracted to become prime for NASA in Q2 for two prime lunar reconnaissance awards to lead lunar imaging operations, data storage, data processing, and analytics in support of NASA’s Artemis Program, Moonbase Initiatives and commercial lunar missions 9 Intuitive Machines | Q
Slide 10: Transformative Acquisitions: Strategy in Action
TRANSFORMATIVE ACQUISITIONS Intuitive Machines Strategy in Action Spacecraft manufacturing, communications networks, navigation expertise, mission operations, and ground infrastructure together within one company 10 Intuitive Machines | Q2 2026 Financial Update IM
Slide 11: Finance | Q2 Highlights
FINANCE | Q2 HIGHLIGHTS Acquisition Closed Goonhilly Earth Station and COMSAT acquisition in August to expand our global space-to-ground data services network configured to support missions across LEO, MEO, GEO, cislunar, and deep space environments Record $1.8B Backlog* Booked^ $920 million of awar
Slide 12: Financials | Revenue
FINANCIALS | REVENUE Continued sequential revenue growth with expected acceleration in 2H 2026 driven by $1.8B backlog $206.2 MILLION >4x Q2 Prior Year Revenue Revenue in Q2 2026 Revenue growth was driven by execution across satellite REVENUE manufacturing, CLPS missions, NSNS, and OMES programs, wi
Slide 13: Financials | Operating Profit/Loss & Adjusted EBITDA
FINANCIALS | OPERATING PROFIT/LOSS & ADJUSTED EBITDA Gross profit increased to $35.9 million, up significantly from ($11.8) million in the prior year ($47.1) MILLION ($13.8) MILLION Operating loss and adjusted Operating Loss in Q2 2026 Adj. EBITDA* in Q2 2026 EBITDA* included a $14.7 million estimat
Slide 14: Financials | Backlog
FINANCIALS | BACKLOG Record $1.8 billion in backlog*, supported by $920 million in new bookings^, highlighted by three commercial GEO satellite awards, our 6th CLPS mission, CS-8, and 18 $1.8 BILLION +$1.5 BILLION AMTD3 Golden Dome satellites for Backlog* as of June 30, 2026 Increase from year-end 2
Slide 15: Financials | Cash Balance
FINANCIALS | CASH BALANCE Q2 operating cash ($59.8M), capex of ($24.1M), free cash flow* of ($83.9M) Operating cash included $7.9 million of acquisition and $367.4 MILLION +$136 MILLION integration costs, approximately Cash balance as of June 30, 2026 From Q1 2026 $17 million of accelerated inventor
Slide 16: Outlook | 2026
OUTLOOK | 2026 FULL-YEAR 2026 REVENUE OF $900 MILLION - $1 BILLION FULL-YEAR 2026 ADJUSTED EBITDA* POSITIVE *Reconciliations of the differences between non-GAAP financial measures and their most directly comparable GAAP financial measures are available at www.investors.intuitivemachines.com in the l