$LUNR Q1’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $186.7M (Est $200.12M) 🔴; nearly 3x YoY
🔹 EPS: $(0.25) (Est $(0.06)) 🔴
🔹 Adj EBITDA: $2.7M
🔹 Backlog: $1.1B
🔹 New Contract Awards: $428.9M
FY26 Guide:
🔹 Revenue: $900M-$1.0B (Est $946M) 🟡
🔹 Adjusted EBITDA: Positive
Other Metrics:
🔹 Lanteris Space Systems: $800M acquisition closed
🔹 Goonhilly Earth Station / COMSAT: Definitive acquisition agreement signed in Q2
🔹 NASA CLPS Contract: $180.4M awarded
🔹 CLPS Task Orders: 5 total, most among all CLPS vendors
🔹 Andromeda IDIQ: U.S. Space Force contract with anticipated ceiling value of $6.2B
Commentary:
🔸 “Intuitive Machines continues to execute, grow, and win new business at record pace.”
🔸 “The next phase of the space economy will not be defined only by who reaches new destinations. It will be defined by who can build the infrastructure, connect it reliably, and operate it at scale.”