Shares of Intuitive Machines (LUNR) are surging 5.16% in pre-market trading on Tuesday following the release of its first quarter 2025 financial results and positive outlook for the year. The space technology and infrastructure services company reported better-than-expected earnings and provided an optimistic forecast for the full year.

Intuitive Machines reported a net income of $975,000 for Q1 2025, significantly outperforming analysts' expectations of a $14 million loss. The company's revenue reached $62.524 million, showing a 14% increase compared to the previous quarter. While this fell slightly short of the estimated $64.5 million, the company's profitability and growth trajectory have impressed investors.

Looking ahead, Intuitive Machines provided a robust outlook for 2025, projecting full-year revenues between $250 million and $300 million. The company also anticipates achieving a positive run-rate adjusted EBITDA by the end of 2025 and expects positive adjusted EBITDA in 2026. This positive forecast, coupled with the company's expansion into adjacent markets such as National Security Space, has bolstered investor confidence in Intuitive Machines' long-term growth potential.