LUNR Q1 2025 Earnings — Income Statement Breakdown

For its Q1 2025 period (ending 2025-03-31), LUNR reported revenue of $63M, gross profit of $7M (10.7% gross margin), operating income of −$10M, and net income of −$12M (-18.5% net margin). The flow of revenue into costs and profit is visualized below.

What changed

LUNR reported a net loss; revenue fell 14.4% year over year.

ComparisonRevenueNet incomeNet margin
Year over year−14.4%+88.3%+116.8 pp
Quarter over quarter+14.4%+93.0%+283.6 pp

Consensus estimate data is not available for this report.

LUNR Q1 2025 Income Statement

LUNR Q1 2025 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$63M100%
Cost of Revenue−$56M89.3%
Gross Profit$7M10.7%
Research & Development0.0%
Selling, General & Administrative0.0%
Other Operating Expenses−$17M26.8%
Operating Income−$10M-16.1%
Other Income, net−$1M2.3%
Net Income−$12M-18.5%

Source: original SEC filing (filed 2025-05-13). Accession 0001844452-25-000040. Data normalized by EarningsFyi.