LUNR Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-03-31), LUNR reported revenue of $187M, gross profit of $30M (16.1% gross margin), operating income of −$39M, and net income of −$53M (-28.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
LUNR reported a net loss; revenue grew 198.7% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +198.7% | −355.1% | −9.7 pp |
| Quarter over quarter | +316.9% | +11.9% | +105.1 pp |
Consensus estimate data is not available for this report.
LUNR Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $187M | 100% |
| Cost of Revenue | −$157M | 83.9% |
| Gross Profit | $30M | 16.1% |
| Research & Development | −$6M | 3.0% |
| Selling, General & Administrative | −$51M | 27.1% |
| Other Operating Expenses | −$13M | 7.0% |
| Operating Income | −$39M | -21.0% |
| Other Income, net | −$13M | 7.1% |
| Income Tax Expense | −$2,000 | 0.0% |
| Net Income | −$53M | -28.1% |
Source: original SEC filing (filed 2026-05-14). Accession 0001628280-26-034807. Data normalized by EarningsFyi.