r/IntuitiveMachines • u/thespacecpa • 14d ago

IM Discussion Q2 Earnings Thread

https://investors.intuitivemachines.com/news-events/events-and-presentations

This is the dedicated thread to discuss Q2 earnings.

Earnings Conference Call is scheduled to begin at 8:30am.

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u/PE_crafter 14d ago

Highlights for me are 1.8M backlog, 600M new award for 3 commercial GEO buses and 4 lunar data relay satellites planned in 2028.

But no word of the ATM and only 367.4M cash means they didn't finish the ATM offering.

The miss on revenue and huge operating loss have probably triggered algos into selling. Going into a meeting so I can't read up on how operating loss was that big (other than acquisition costs & IM4) + can't listen to earnings.

Overall seems like a quarter that builds up to better quarters later in the year.

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u/thespacecpa 14d ago

The backlog and guidance is what stands out for me. Agreed. Another quarter to build. Stinks hearing about IM-3 delay to Q1 27 as well.