Intuitive Machines Shares Jump 14% After Record Revenue

Intuitive Machines Inc shares rose 14% to $13.88 in pre-market trading on November 12, 2026, after the company released third-quarter financial results that exceeded analyst expectations. The company reported record revenue of $269.35 million for the quarter ending September 30, a significant increase from the $52.44 million earned during the same period the previous year.

Financial losses were narrower than forecasted, with the company reporting a loss of $0.02 per share compared to the expected $0.10 loss. Investor confidence was primarily driven by a contracted backlog that expanded to $1.9 billion, representing a $1.7 billion increase since the end of 2025. This growth resulted from new awards across civil space, commercial, and national security markets.

Following these results, the company updated its full-year 2026 revenue guidance to a range between $920 million and $950 million. Intuitive Machines maintained its expectations for positive adjusted EBITDA for the year.