Intuitive Machines, Inc. logo LUNR - Intuitive Machines, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 9
HOLD 1
SELL 1
STRONG
SELL
0
| PRICE TARGET: $37.83 DETAILS
HIGH: $50.00
LOW: $27.00
MEDIAN: $37.50
CONSENSUS: $37.83
DOWNSIDE: 1.12%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1
Revenue
Revenue 186.7 44.8 52.4 50.3 62.5 55.0 58.5 41.4 73.1 30.6 12.7 18.0 18.2 38.0 10.3 19.2 18.5 21.4 19.3 15.9 15.9
Cost of Revenue 113.9 31.2 41.0 62.2 49.6 17.6 54.4 57.1 61.3 29.1 26.5 22.5 23.1 20.8 17.3 17.7 19.7 39.9 18.1 21.3 21.3
Gross Profit 72.8 13.5 11.4 (11.8) 12.9 37.5 4.1 (15.7) 11.7 1.5 (13.8) (4.5) (4.9) 17.2 (7.0) 1.6 (1.3) (18.4) 1.2 (5.4) (5.4)
Operating Expenses
R&D Expenses 5.6 0 0 0.4 0 1.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 50.7 40.2 20.3 16.0 16.1 11.7 12.3 12.1 17.1 5.9 9.9 8.4 8.8 3.9 4.5 3.5 3.0 3.0 2.3 2.0 2.0
Other Expenses 55.8 6.5 6.6 0.4 6.9 34.4 5.5 0.4 0 1.4 0.3 0.3 0.3 0.3 0.3 0.3 0.2 0 0.2 0.2 0.2
Operating Expenses 112.0 46.6 26.8 16.8 23.0 47.6 17.8 12.5 17.1 7.3 10.2 8.7 9.1 4.2 4.8 3.8 3.2 3.0 2.5 2.2 2.2
Operating Income
Operating Income (39.2) (33.1) (15.4) (28.6) (10.1) (10.1) (13.7) (28.2) (5.4) (5.9) (24.0) (13.2) (14.0) 13.0 (11.8) (2.2) (4.5) (21.4) (1.3) (7.6) (7.6)
Interest Expense 4.9 2.7 1.3 0 0 0 0 0 0.0 0.0 0.2 0.3 0.3 0.3 0.3 0.1 0.1 0.1 0.1 0 0
Interest Income 1.4 5.5 4.8 3.4 1.4 0.1 0.0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA (26.2) (31.7) (7.8) (27.9) (9.5) (12.9) (8.2) (27.8) (115.5) 4.8 15.5 15.8 (19.7) 13.3 (11.5) (2.0) (4.3) (20.6) (1.1) (7.4) (7.4)
EBIT (39.2) (33.1) (8.6) (28.6) (10.1) (13.4) (8.7) (28.2) (120.6) 4.4 15.1 15.5 (20.0) 13.0 (11.8) (2.2) (4.5) (20.9) (1.3) (7.6) (7.6)
Income Before Tax (52.5) (55.7) (10.0) (38.2) 1.0 (165.1) (80.4) 16.0 (120.7) 4.3 14.9 15.2 (20.2) 12.4 (12.3) (2.2) (4.3) (21.0) (1.4) (6.6) (6.6)
Income Tax Expense (0.0) 4.0 (0.0) 0 0 (0.0) 0.1 0 0 (0.3) 0.6 (3.5) 3.2 0.0 (0.4) 0.4 0.0 (0.0) 0.0 0.0 0.0
Net Income (37.5) (40.0) (6.8) (38.6) (11.4) (148.7) (55.5) 18.3 (98.3) 9.0 33.3 29.5 (9.4) 12.4 (11.9) (2.6) (4.3) (21.0) (1.4) (6.6) (6.6)
Per Share Data
EPS (Basic) -0.25 -0.34 -0.06 -0.24 -0.11 -1.72 -0.69 0.33 -2.70 0.39 1.89 1.84 -0.64 -0.35 0.01 -0.02 -0.24 -0.17 -0.00 -0.00 -0.00
EPS (Diluted) -0.25 -0.34 -0.06 -0.24 -0.11 -1.72 -0.69 0.29 -2.70 0.39 1.26 1.49 -0.64 -0.35 0.01 -0.02 -0.24 -0.17 -0.00 -0.00 -0.00
Shares Outstanding 147.9 119.3 117.8 107.1 107.1 61.4 80.1 55.1 36.6 21.0 17.4 15.7 15.2 18.1 18.1 18.1 18.1 18.1 18.1 18.1 18.1
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Current Assets
Cash & Cash Equivalents 231.6 582.6 622.0 344.9 373.3 207.6 89.6 31.6 55.2 4.6 40.7 39.1 46.9 25.8 9.0 20.6 0.2 29.3 0.6 0 0 0
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 153.8 24.4 30.5 42.0 41.4 62.9 68.1 39.5 48.5 23.0 3.9 7.0 14.3 1.6 28.2 19.8 0 3.4 0 0 0 0
Inventory 57.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 62.0 11.8 13.5 9.9 16.7 22.7 10.6 11.9 12.0 3.0 4.3 0.1 4.5 13.6 0.1 15.0 0.5 3.0 0 0 0 0
Total Current Assets 505.3 618.8 666.0 396.8 431.3 293.2 168.3 83.1 115.7 30.6 48.9 50.5 65.6 41.0 41.8 55.4 0.7 35.8 1.1 0 0 0
Non-Current Assets
Property, Plant & Equipment 310.3 105.4 86.3 78.4 68.1 62.2 56.5 57.0 55.0 54.3 54.1 45.2 34.1 26.0 19.1 13.7 0 7.7 0 0 0 0
Goodwill 379.8 18.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 304.1 13.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 217.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 329.8 0 300.0 0 0 0
Other Non-Current Assets 0.8 1.3 1.2 0.5 0.6 0 0 0 0 1.0 0 0.0 0 0 0 0 0.2 0 0.4 0.5 0 0.1
Total Non-Current Assets 1,212.7 138.3 87.5 78.9 68.7 62.2 56.5 57.0 55.0 55.3 54.1 45.2 34.1 26.0 19.1 13.7 330.0 7.7 300.4 0.5 0 0.1
Total Assets 1,717.9 757.2 753.5 475.6 500.0 355.4 224.8 140.1 170.8 85.9 103.0 95.8 99.7 67.0 60.9 69.1 330.7 43.4 301.6 0.5 0 0.1
Current Liabilities
Account Payables 91.7 23.9 17.9 26.4 28.7 20.1 25.0 29.7 55.3 22.6 10.7 16.1 18.9 6.5 6.6 17.9 0 2.9 0 0 0 0
Short-Term Debt 27.7 10.5 0 0 0 0 0 3 8 12.9 20.0 20.0 31.4 16.1 8.0 12 0 12.1 0 0 0 0
Deferred Revenue 0 57.4 56.4 57.8 52.4 54.8 44.4 25.8 19.2 41.4 28.3 0 50.1 39.8 0 43.8 0 31.6 0 0 0 0
Other Current Liabilities 296.0 33.0 9.2 9.4 5.7 19.4 8.4 13.7 9.5 2.2 12.6 70.8 1.3 25.3 70.4 16.0 0.3 15.3 0.1 0.5 0 0.0
Total Current Liabilities 415.5 124.8 106.0 107.3 98.1 98.8 95.3 85.0 104.8 81.5 100.9 108.6 108.1 95.2 87.7 98.0 0.3 68.4 0.1 0.5 0 0.0
Non-Current Liabilities
Long-Term Debt 335.8 335.3 334.8 0 0 0 0 0 0 0 0 0 3.9 3.9 12.0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 169.9 60.6 37.1 42.3 26.0 203.0 97.8 30.8 74.9 25.3 63.8 55.3 103.4 20.5 29.4 27.4 11.5 14.0 10.5 0 0 0
Total Non-Current Liabilities 571.3 428.6 403.7 77.5 74.3 252.7 134.0 65.5 109.9 56.0 89.5 60.0 112.8 29.4 43.5 29.6 11.5 26.9 10.5 0 0 0
Total Liabilities 986.8 553.5 509.7 184.7 172.4 351.5 229.3 150.5 214.7 137.5 190.5 168.6 220.9 124.6 131.2 127.6 11.8 95.3 10.6 0.5 0 0.0
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 315.9 0.0 286.1 0.0 0 0.0
Retained Earnings (300.8) (721.5) (370.7) (347.7) (103.4) (996.5) (484.0) (222.2) (480.8) (248.6) (333.4) (665.5) (870.5) (72.6) (85.0) (73.1) (0.6) (66.2) (0.0) (0.0) 0 (0.0)
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (51.8) 0 0 0 0 0
Total Stockholders' Equity (327.5) (748.4) (397.7) (374.9) (130.8) (1,003.3) (491.0) (229.3) (488.1) (233.2) (346.2) (651.4) (857.2) (57.6) (70.3) (58.5) 318.8 (51.8) 291.0 0.0 0 0.0
Total Liabilities & Equity 1,717.9 757.2 753.5 475.6 500.0 355.4 224.8 140.1 170.8 85.9 103.0 95.8 99.7 67.0 60.9 69.1 330.7 43.4 301.6 0.5 0 0.1
Debt Metrics
Total Debt 426.4 372.2 371.2 37.3 37.4 37.4 38.5 37.4 43.2 43.5 52.0 25.5 40.2 25.8 22.8 15.0 0 15.0 0 0 0 0
Net Debt 194.8 (210.4) (250.7) (307.6) (335.9) (170.2) (51.1) 5.8 (12.0) 38.9 11.4 (13.6) (6.7) 0 13.9 (5.6) (0.2) (14.3) (0.6) 0 0 0
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1
Operating Activities
Net Income (52.5) (59.7) (10.0) (38.2) 1.0 (165.1) (80.4) 16.7 (118.0) 4.6 11.8 18.8 (23.4) 12.4 (11.9) (2.6) (4.3) (21.0) (1.4) (6.6) (6.6)
Depreciation & Amortization 13.0 1.4 0.8 0.8 0.6 0.5 0.5 0.4 0.4 0.4 0.3 0.3 0.3 0.3 0.3 0.3 0.2 0.2 0.2 0.2 0.2
Stock-Based Compensation 8.8 1.8 1.4 2.5 2.8 1.6 1.3 2.0 3.9 1.5 1.6 1.0 0.2 0.2 0.1 0.1 0.1 0 0.1 0.0 0.0
Change in Working Capital (32.8) 15.6 2.3 2.5 24.4 8.7 (11.3) (5.5) (9.6) (19.5) 19.6 12.0 (2.4) 15.9 (6.0) 15.2 (19.8) 21.2 (15.8) 2.4 2.4
Other Non-Cash Items 8.7 33.5 (1.7) 13.2 (9.4) 152.3 72.0 (44.8) 116.9 (9.4) (40.5) (29.2) 6.7 0.3 0.3 (0.2) (0.3) (16.0) 1.1 (3.0) (3.0)
Operating Cash Flow (54.8) (7.3) (7.2) (19.3) 19.4 (2.0) (17.9) (31.3) (6.4) (22.3) (7.2) 2.9 (18.7) 29.1 (17.2) 12.9 (24.0) (15.6) (15.7) (7.0) (7.0)
Investing Activities
Capital Expenditure (9.9) (15.7) (11.8) (8.1) (6.1) (4.9) (1.4) (2.2) (1.6) (2.2) (7.5) (11.6) (8.6) (4.3) (6.7) (5.0) (0.4) (3.2) (2.5) (0.1) (0.1)
Acquisitions (444.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 300 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 (14.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investing Cash Flow (454.7) (30.6) (11.8) (8.1) (6.1) (4.9) (1.4) (2.2) (1.6) (2.2) (7.5) (11.6) (8.6) (4.3) (6.7) (5.0) (0.4) 296.8 (2.5) (0.1) (0.1)
Financing Activities
Net Debt Issuance 0 0 335.5 0 0 0 (3) (5) 0 (12) 0 0 0 (8.1) 12.3 3.7 (0.1) 25.3 0 0 0
Stock Repurchased 0 0 0 0 (20.7) (0.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 (3.7) 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (0.0) (0.8) (39.4) (1.0) 173.0 125.1 80.3 (3.5) 50.8 0.4 19.9 1.0 22.2 0.0 0 0 4.2 0 20.1 0 0
Financing Cash Flow 167.4 (0.8) 296.1 (1.0) 152.3 124.9 77.3 9.9 60.8 (11.6) 16.2 1.0 48.3 (8.1) 12.3 3.7 4.2 (276.5) 20.1 0 0
Cash Position
Net Change in Cash (342.0) (38.7) 277.1 (28.4) 165.6 118.0 58.0 (23.6) 52.7 (36.2) 1.6 (7.7) 21.0 16.8 (11.6) 11.5 (20.2) 28.7 1.8 (7.1) (7.1)
Cash at Beginning 585.3 624.0 346.9 375.3 209.6 91.6 33.7 57.3 4.6 40.7 39.1 46.9 25.8 9.0 20.7 9.1 29.4 0.6 9.7 16.9 0
Cash at End 243.4 585.3 624.0 346.9 375.3 209.6 91.6 33.7 57.3 4.6 40.7 39.1 46.9 25.8 9.0 20.7 9.1 29.4 11.6 9.7 (7.1)
Free Cash Flow (64.6) (23.0) (19.0) (27.3) 13.3 (6.9) (19.3) (33.5) (8.0) (24.6) (14.6) (8.7) (27.2) 24.9 (24.0) 7.9 (24.4) (18.8) (18.2) (7.1) (7.1)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1
Income Statement
Revenue 186.7 44.8 52.4 50.3 62.5 55.0 58.5 41.4 73.1 30.6 12.7 18.0 18.2 38.0 10.3 19.2 18.5 21.4 19.3 15.9 15.9
Gross Profit 72.8 13.5 11.4 (11.8) 12.9 37.5 4.1 (15.7) 11.7 1.5 (13.8) (4.5) (4.9) 17.2 (7.0) 1.6 (1.3) (18.4) 1.2 (5.4) (5.4)
Operating Income (39.2) (33.1) (15.4) (28.6) (10.1) (10.1) (13.7) (28.2) (5.4) (5.9) (24.0) (13.2) (14.0) 13.0 (11.8) (2.2) (4.5) (21.4) (1.3) (7.6) (7.6)
Net Income (37.5) (40.0) (6.8) (38.6) (11.4) (148.7) (55.5) 18.3 (98.3) 9.0 33.3 29.5 (9.4) 12.4 (11.9) (2.6) (4.3) (21.0) (1.4) (6.6) (6.6)
EPS (Diluted) -0.25 -0.34 -0.06 -0.24 -0.11 -1.72 -0.69 0.29 -2.70 0.39 1.26 1.49 -0.64 -0.35 0.01 -0.02 -0.24 -0.17 -0.00 -0.00 -0.00
Balance Sheet
Cash & Equivalents 231.6 582.6 622.0 344.9 373.3 207.6 89.6 31.6 55.2 4.6 40.7 39.1 46.9 25.8 9.0 20.6 0.2 29.3 0.6 0 0 0
Total Assets 1,717.9 757.2 753.5 475.6 500.0 355.4 224.8 140.1 170.8 85.9 103.0 95.8 99.7 67.0 60.9 69.1 330.7 43.4 301.6 0.5 0 0.1
Total Debt 426.4 372.2 371.2 37.3 37.4 37.4 38.5 37.4 43.2 43.5 52.0 25.5 40.2 25.8 22.8 15.0 0 15.0 0 0 0 0
Stockholders' Equity (327.5) (748.4) (397.7) (374.9) (130.8) (1,003.3) (491.0) (229.3) (488.1) (233.2) (346.2) (651.4) (857.2) (57.6) (70.3) (58.5) 318.8 (51.8) 291.0 0.0 0 0.0
Cash Flow
Operating Cash Flow (54.8) (7.3) (7.2) (19.3) 19.4 (2.0) (17.9) (31.3) (6.4) (22.3) (7.2) 2.9 (18.7) 29.1 (17.2) 12.9 (24.0) (15.6) (15.7) (7.0) (7.0)
Capital Expenditure (9.9) (15.7) (11.8) (8.1) (6.1) (4.9) (1.4) (2.2) (1.6) (2.2) (7.5) (11.6) (8.6) (4.3) (6.7) (5.0) (0.4) (3.2) (2.5) (0.1) (0.1)
Free Cash Flow (64.6) (23.0) (19.0) (27.3) 13.3 (6.9) (19.3) (33.5) (8.0) (24.6) (14.6) (8.7) (27.2) 24.9 (24.0) 7.9 (24.4) (18.8) (18.2) (7.1) (7.1)