Intuitive Machines under pressure after fourth quarter earnings miss

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Proactive

Thu, March 19, 2026 astatine 9:37 AM CDT 1 min read

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Intuitive Machines nether unit aft 4th fourth net miss Proactive uses images sourced from Shutterstock

Intuitive Machines Inc (NASDAQ:LUNR) shares fell astir 9% connected Thursday greeting aft the abstraction exertion and services institution reported net and gross beneath estimates for the 4th quarter.

The institution reported a nonaccomplishment per stock of $0.34, missing the statement estimation of a $0.05 nonaccomplishment per share.

Revenue for the 4th reached $44.79 million, falling abbreviated of the $53.37 cardinal forecast.

Intuitive Machines CEO Steve Altemus highlighted the company’s strategical milestones successful 2025, including the completion of its 2nd lunar mission, enlargement into nationalist information abstraction programs, and acquisitions of KinetX Aerospace and Lanteris Space Systems. “These acquisitions importantly grow our scale, addressable market, and maturation opportunities,” Altemus said.

The institution has besides precocious respective large contracts, including enactment for the Space Development Agency’s Proliferated Warfighter Space Architecture and the Missile Defense Agency’s SHIELD IDIQ contract, which has a ceiling of $151 billion.

In addition, Intuitive Machines launched the EchoStar XXV outer and secured a $175 cardinal strategical concern to heighten outer communications and in-space information processing capabilities.

The institution ended February with a combined backlog of astir $943 million.

Looking ahead, Intuitive Machines expects full-year 2026 gross betwixt $900 cardinal and $1 cardinal and projects affirmative adjusted EBITDA for the year.

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