NASDAQ$LUNR

Intuitive Machines Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Announced fourth quarter and full year 2023 financial results, highlighting a revenue of $30.6 million for the quarter and a contracted backlog of $268.6 million at quarter-end.

Intuitive Machines reported Q4 2023 revenue of $30.6 million and an operating loss of $(5.9) million. The company ended the year with a contracted backlog of $268.6 million and a cash balance of $4.5 million, which increased to $54.6 million by March 1, 2024, due to warrant exercises.

  • Delivered NASA and commercial payloads to the moon, marking the United States’ first lunar landing in over 50 years.
  • Contracts for CLPS and OMES III, as well as key future Artemis campaign contracts NSNS and LTVS were fully funded.
  • Earned mission completion milestone payments from NASA and commercial customers of approximately $12.5 million.
  • Concluded 2023 with $268.6 million in backlog, nearly doubled in Q4 driven by OMES III task orders, an International Space Agency lunar payload, and the Department of Defense, Air Force Research Laboratory JETSON award.

Headline financials

Total Revenue

$30.6M

No prior period
EPS (adj)

$0.30

No prior period
Contracted Backlog

$269M

No prior period
Capital Expenditures

-$2.24M

No prior period
Net Income

$4.6M

No prior period
Operating Income

-$5.9M

No prior period
Gross Profit

$1.03M

No prior period
Stock-Based Comp

$1.53M

No prior period

Revenue & EPS history

Intuitive Machines · Revenue · Quarterly

$30.6M

Q4 2023
Beat estimate in 3 of 11 quarters(27%)
ActualEstimate

Revenue by segment

Intuitive Machines · $184M total across 3 segments · Q1 2026

  • Civil
    $71.7M
  • Commercial
    $61.1M
  • National Security
    $50.9M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 14 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

+2.3%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+2.1%

Avg return

30 days after

67%

10 / 15 earnings

Positive

+22.4%

Q1 2025

Best reaction

-17.1%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.6%-8.8%-25.3%
Q4 2025+4.5%-1.0%+52.3%
Q3 2025+10.3%+1.2%+38.2%
Q2 2025-4.3%-0.4%-19.1%
Q1 2025+22.4%+30.1%+14.6%
Q4 2024-0.2%-12.5%-9.1%
Q3 2024+5.7%+6.8%-0.6%
Q2 2024-3.5%+6.5%+53.2%
Q1 2024-14.0%-15.3%-33.6%
Q4 2023+14.1%+27.2%-7.2%
Q3 2023+6.7%+4.9%+1.8%
Q2 2023-17.1%-41.3%-50.2%
Q1 2023+7.2%+3.9%+15.7%
Q1 2022+0.1%+0.1%+0.9%
Q4 2021+0.3%+0.3%-0.2%

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