LUNR Q2 2024 Earnings — Income Statement Breakdown
For its Q2 2024 period (ending 2024-06-30), LUNR reported revenue of $41M, gross profit of $16M (-38.9% gross margin), operating income of −$28M, and net income of $16M (38.6% net margin). The flow of revenue into costs and profit is visualized below.
What changed
LUNR was profitable; revenue fell 43.3% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −43.3% | +116.2% | +173.8 pp |
Consensus estimate data is not available for this report.
LUNR Q2 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $41M | 100% |
| Cost of Revenue | −$58M | 138.9% |
| Gross Profit | −$16M | -38.9% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | — | 0.0% |
| Other Operating Expenses | −$12M | 29.1% |
| Operating Income | −$28M | -68.0% |
| Other Income, net | $44M | 106.6% |
| Net Income | $16M | 38.6% |
Source: original SEC filing (filed 2024-08-13). Accession 0001844452-24-000093. Data normalized by EarningsFyi.