LUNR Q4 2023 Earnings — Income Statement Breakdown
For its Q4 2023 period (ending 2023-12-31), LUNR reported revenue of $31M, gross profit of $1M (3.4% gross margin), operating income of −$6M, and net income of $5M (15.0% net margin). The flow of revenue into costs and profit is visualized below.
What changed
LUNR was profitable; revenue grew 140.1% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +140.1% | −69.6% | −103.5 pp |
Consensus estimate data is not available for this report.
LUNR Q4 2023 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $31M | 100% |
| Cost of Revenue | −$30M | 96.6% |
| Gross Profit | $1M | 3.4% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$6M | 19.4% |
| Other Operating Expenses | −$964,000 | 3.2% |
| Operating Income | −$6M | -19.2% |
| Other Income, net | $10M | 33.4% |
| Income Tax Expense | $252,000 | 0.8% |
| Net Income | $5M | 15.0% |
Source: original SEC filing (filed 2024-03-21). Accession 0001844452-24-000031. Data normalized by EarningsFyi.