LUNR

MKT CAP:$4B

Intuitive Machines, Inc.

Market Cap

$4B

Industrials·Aerospace & Defense·🇺🇸 United States·NASDAQ

Industrials·Aerospace·🇺🇸·NASDAQ

Stock Price

$27.58+$9.70 (+54.25%)

Apr 17, 2026

Company Details

Intuitive Machines, Inc. manufactures and supplies space products and services. It offers space products and services to support sustained robotic and human exploration to the moon, mars, and beyond. It offers its products and services thro...

CEO

Kamal Ghaffarian

IPO Date

Nov 17, 2021

Website

www.intuitivemachines.com

Key Metrics TTM

Revenue

$86M

+18.5% YoY

Net Income

-$6M

EPS (Diluted)

-$0.60

Free Cash Flow

-$16M

Revenue / Share

$4.76

Gross Margin

12.1%

Operating Margin

-6.4%

Net Margin

-7.5%

FCF Margin

-18.2%

P/S

46.9x

P/E

—

Earnings Reports

Q1 2023

May 12, 2026

PENDING

FY 2022

Dec 31, 2022

$86M+18.5%EPS -$0.05

Q4 2022

Dec 31, 2022

$38M+77.2%EPS -$0.35

Q3 2022

Nov 10, 2022

$10M-46.8%EPS $0.01

Q2 2022

Aug 12, 2022

$19M+20.8%EPS -$0.02

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 21	$16M	-$5M	-$8M
Q2 21	$16M	-$5M	-$8M
Q3 21	$19M	$1M	-$1M
Q4 21	$21M	-$18M	-$21M
Q1 22	$18M	-$1M	-$5M
Q2 22	$19M	$2M	-$2M
Q3 22	$10M	-$7M	-$12M
Q4 22	$38M	$17M	$13M

Valuation

Quarter	P/S	P/E
Q1 21	—	—
Q2 21	—	—
Q3 21	—	—
Q4 21	4.0x	—
Q1 22	3.9x	—
Q2 22	3.7x	—
Q3 22	4.3x	—
Q4 22	3.0x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 21	-$7M	-$7M
Q2 21	-$7M	-$7M
Q3 21	-$16M	-$18M
Q4 21	-$16M	-$19M
Q1 22	-$24M	-$24M
Q2 22	$13M	$8M
Q3 22	-$17M	-$24M
Q4 22	$29M	$25M

Capital Expenditures

Quarter	CapEx
Q1 21	$103.0K
Q2 21	$103.0K
Q3 21	$2M
Q4 21	$3M
Q1 22	$377.0K
Q2 22	$5M
Q3 22	$7M
Q4 22	$4M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+16.1%	-2.2%
Q2 22	+20.8%	-8.7%
Q3 22	-46.8%	+7.0%
Q4 22	+77.2%	-41.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 21	$12.5K	0.1%
Q2 21	$12.5K	0.1%
Q3 21	$149.0K	0.8%
Q4 21	$0	0.0%
Q1 22	$116.0K	0.6%
Q2 22	$124.0K	0.6%
Q3 22	$145.0K	1.4%
Q4 22	$239.0K	0.6%

OpEx Breakdown

Quarter	G&A	SG&A
Q1 21	$2M	—
Q2 21	$2M	—
Q3 21	$2M	—
Q4 21	—	$3M
Q1 22	$3M	—
Q2 22	$4M	—
Q3 22	$5M	—
Q4 22	$4M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$163.8K	$0	$163.8K
Q2 22	$21M	$0	$21M
Q3 22	$9M	$0	$9M
Q4 22	$26M	$0	$26M
Q1 23	$47M	$0	$47M
Q2 23	$39M	$0	$39M
Q3 23	$41M	$0	$41M
Q4 23	$5M	$0	$5M
Q1 24	$55M	$0	$55M
Q2 24	$32M	$0	$32M
Q3 24	$90M	$0	$90M
Q4 24	$208M	$0	$208M
Q1 25	$373M	$0	$373M
Q2 25	$345M	$0	$345M
Q3 25	$622M	$0	$622M
Q4 25	$583M	$0	$583M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 21	18M	—	—
Q2 21	18M	0.0%	—
Q3 21	18M	0.0%	—
Q4 21	18M	0.0%	—
Q1 22	18M	0.0%	0.0%
Q2 22	18M	0.0%	0.0%
Q3 22	18M	0.0%	0.0%
Q4 22	18M	0.0%	0.0%

Shares Outstanding