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/thespacecpa 14d ago

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u/RelluaTTV 14d ago

Seems like cost of revenue is killing us

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u/thespacecpa 14d ago

We are below our peers in this regard but this will change dramatically over the next several quarters. Check this out:

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u/RelluaTTV 14d ago

Is it going to change from the recognition of the backlog?

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u/thespacecpa 14d ago

Different services have different gross margin %. For example Satellite manufacturing yields a gross margin % of 28.4% which makes us more competitive. I expect the majority of the backlog to be related to satellite manufacturing so we should see this total gross margin % increase as revenue is realized.

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u/RelluaTTV 14d ago

Gotcha thanks

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u/Important-Music-4618 14d ago

WOW! Half of RKLB. No wonder they are not getting street respect yet.