Intuitive Machines Inc (NASDAQ:LUNR) on Thursday reported worse-than-expected second-quarter financial results.

Revenue of $206.17 million more than quadrupled from $50.31 million a year earlier but missed the $220.76 million analyst estimate. GAAP diluted loss per share was 29 cents, missing the estimated 7-cent loss per share.

Intuitive Machines affirmed full-year revenue guidance of $900 million to $1 billion versus the $934.013 million estimate and continues to expect positive adjusted EBITDA.

Intuitive Machines CEO Steve Altemus said, “We delivered a strong quarter, highlighted by revenue over four times Q2 2025 as we executed across our programs, recorded unprecedented bookings and backlog, and positioned the Company for the next phase of growth.”

Intuitive Machines shares gained 5.3% to $18.49 in pre-market trading.