LUNR Q3 2024 Earnings — Income Statement Breakdown
For its Q3 2024 period (ending 2024-09-30), LUNR reported revenue of $58M, gross profit of $4M (6.2% gross margin), operating income of −$14M, and net income of −$56M (-95.0% net margin). The flow of revenue into costs and profit is visualized below.
What changed
LUNR reported a net loss; revenue grew 359.3% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +359.3% | −467.9% | −213.6 pp |
| Quarter over quarter | +41.2% | −447.6% | −133.6 pp |
Consensus estimate data is not available for this report.
LUNR Q3 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $58M | 100% |
| Cost of Revenue | −$55M | 93.8% |
| Gross Profit | $4M | 6.2% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$12M | 21.1% |
| Other Operating Expenses | −$5M | 8.6% |
| Operating Income | −$14M | -23.5% |
| Other Income, net | −$42M | 71.4% |
| Income Tax Expense | −$50,000 | 0.1% |
| Net Income | −$56M | -95.0% |
Source: original SEC filing (filed 2024-11-14). Accession 0001844452-24-000127. Data normalized by EarningsFyi.