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Intuitive Machines Inc. (LUNR) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · AEROSPACE & DEFENSE · DATA UPDATED 2026-08-30

Intuitive Machines Inc. (LUNR) operates in the AEROSPACE & DEFENSE industry and is headquartered in Houston, United States with about 525 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-12-31, LUNR reported $210M in revenue and ($83M) in net income.

Intuitive Machines, Inc. operates as a space infrastructure and services company in the United States.

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LUNR Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Total Revenue$490M$210M$228M$80M$86M$73M$44M
Gross Profit$134M$33M$38M($21M)$10M($28M)$2M
Gross Margin %27.3%15.6%16.5%-26.4%12.1%-38.3%3.8%
Operating Income (EBIT)($135M)($87M)($57M)($56M)($6M)($38M)($4M)
Operating Margin %-27.5%-41.5%-25.2%-70.7%-6.4%-52.2%-9.9%
Net Income($131M)($83M)($283M)$63M($6M)($36M)($4M)
Net Margin %-26.7%-39.6%-124.3%79.0%-7.4%-49.1%-9.6%
EBITDA($77M)($95M)($50M)$48M$39M($35M)($4M)
Earnings Per Share (EPS)$-0.93$-0.70$-4.62$2.46$-0.35$-1.97$-0.24
Shares Outstanding (M)162M119M61M26M18M18M18M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LUNR Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$206M$187M$45M$52M$50M$63M$55M$58M
Gross Profit$36M$73M$14M$11M($12M)$13M$37M$4M
Gross Margin %17.4%39.0%30.2%21.8%-23.5%20.7%68.0%7.0%
Operating Income (EBIT)($47M)($39M)($33M)($15M)($29M)($10M)($10M)($14M)
Operating Margin %-22.9%-21.0%-73.9%-29.4%-56.9%-16.1%-18.3%-23.5%
Net Income($46M)($38M)($40M)($7M)($39M)($11M)($149M)($56M)
Net Margin %-22.5%-20.1%-89.4%-13.1%-76.7%-18.2%-270.1%-95.0%
EBITDA$17M($35M)($52M)($8M)($37M)$2M($13M)($8M)
Earnings Per Share (EPS)$-0.29$-0.25$-0.34$-0.06$-0.36$-0.11$-2.42$-0.69
Shares Outstanding (M)162M148M119M118M107M107M61M80M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LUNR Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Cash from Operations (CFO)($129M)($14M)($58M)($45M)$1M($17M)$8M
Capital Expenditures (CapEx)$61M$42M$10M$30M$16M$3M$3M
Free Cash Flow (FCF)($191M)($56M)($68M)($75M)($16M)($20M)$6M
FCF Margin %-38.9%-26.7%-29.7%-94.5%-18.2%-27.2%12.6%
Dividends Paid$1M$8M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LUNR Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)($60M)($55M)($7M)($7M)($19M)$19M($2M)($18M)
Capital Expenditures (CapEx)$24M$10M$16M$12M$8M$6M$5M$1M
Free Cash Flow (FCF)($84M)($65M)($23M)($19M)($27M)$13M($7M)($19M)
FCF Margin %-40.7%-34.6%-51.4%-36.2%-54.3%21.3%-12.5%-33.0%
Dividends Paid$0M$0M$0M$0M$0M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LUNR Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Total Assets$1.9B$757M$355M$86M$67M$43M$38M
Cash & Cash Equivalents$367M$583M$208M$5M$26M$29M$24M
Total Liabilities$2.2B$553M$351M$138M$125M$95M$53M
Total Debt (Short + Long-Term)$25M$346M$2M$13M$21M$13M$2M
Total Shareholders' Equity($284M)($748M)($1.0B)($233M)($58M)($52M)($16M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive LUNR viewer.

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