LUNR Q1 2024 Earnings — Income Statement Breakdown
For its Q1 2024 period (ending 2024-03-31), LUNR reported revenue of $73M, gross profit of $12M (16.1% gross margin), operating income of −$5M, and net income of −$99M (-135.2% net margin). The flow of revenue into costs and profit is visualized below.
What changed
LUNR reported a net loss; revenue grew 139.1% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +139.1% | −2249.9% | −150.3 pp |
Consensus estimate data is not available for this report.
LUNR Q1 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $73M | 100% |
| Cost of Revenue | −$61M | 83.9% |
| Gross Profit | $12M | 16.1% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$17M | 23.5% |
| Operating Income | −$5M | -7.4% |
| Other Income, net | −$93M | 127.8% |
| Net Income | −$99M | -135.2% |
Source: original SEC filing (filed 2024-05-14). Accession 0001844452-24-000068. Data normalized by EarningsFyi.