Intuitive Machines posts record Q2 2026 revenue, $1.8B backlog

Intuitive Machines reported record revenue for the second quarter of 2026, alongside a $1.8 billion backlog of orders, according to slides published Wednesday.

The Houston-based aerospace company, which specializes in lunar landers and other space systems, disclosed financial metrics in a presentation that highlighted its strongest quarterly performance to date. The revenue figure represents a significant year-over-year increase, though specific numerical details were not disclosed in the slides.

The $1.8 billion backlog underscores robust demand for Intuitive Machines' lunar lander services and related technologies, including contracts for NASA's Commercial Lunar Payload Services program. The company has positioned itself as a key player in the growing private sector space economy, with multiple missions scheduled through 2028.

Analysts noted that the backlog provides visibility into future revenue streams, reducing near-term execution risk. The company's shares were indicated higher in after-hours trading following the release of the slides.

Intuitive Machines did not provide additional guidance or break down revenue by segment in the presentation. The company is scheduled to release its full financial results for the quarter later this month.