Intuitive Machines' Q3 revenue reached $269.3 million, surpassing expectations

Intuitive Machines released its Q3 2026 financial report, stating that all financial metrics reached record highs. Third-quarter revenue reached $269.3 million, far exceeding analysts’ average expectation of around $245.9 million, and showing significant growth compared to $52.4 million for the same period last year. In addition, the company reported operating cash flow of $66.2 million and a record gross margin of 26%. Its backlog climbed to $1.9 billion, up $1.7 billion from the end of 2025. The company raised its full-year 2026 revenue guidance, revising the target range to $920 million to $950 million, indicating growing confidence of management in recent performance.