Intuitive Machines, Inc.
NASDAQ•LUNR
CEO: Dr. Kamal Ghaffarian
Sector: Industrials
Industry: Aerospace & Defense
Listing Date: 2021-11-17
Intuitive Machines, Inc. designs, manufactures, and operates space products and services in the United States. Its space systems and space infrastructure enable scientific and human exploration and utilization of lunar resources to support sustainable human presence on the moon. The company offers lunar access services, such µNova, lunar surface rover services, fixed lunar surface services, lunar orbit delivery services, rideshare delivery services to lunar orbit, as well as content sales and marketing sponsorships; and orbital services, including satellite delivery and rideshare, satellite servicing and refueling, space station servicing, satellite repositioning, and orbital debris removal. It also provides lunar data services, comprising Lunar data network, lunar south pole and far-side coverage, lunar positioning services, data relay, and data storage/caching. In addition, the company offers propulsion systems and navigation systems; engineering services contracts; lunar mobility vehicles, such as rovers and drones; power infrastructure that includes fission surface power; and human habitation systems. It serves its products to the U.S. government, commercial, and international customers. Intuitive Machines, Inc. was founded in 2013 and is headquartered in Houston, Texas.
Contact Information
13467 Columbia Shuttle Street, Houston, TX, 77059, United States
281-520-3703
Market Cap
$2.61B
P/E (TTM)
-20.1
112.7
Dividend Yield
--
52W High
$23.32
52W Low
$6.14
52W Range
Rank39Top 39.1%
4.2
F-Score
Modified Piotroski Analysis
Based on 5-year fundamentals
Average • 4.2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2021-2025
Financial Dashboard
Q4 2025 Data
Revenue
$44.79M+0.00%
4-Quarter Trend
EPS
-$0.34+0.00%
4-Quarter Trend
FCF
-$22.94M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Net Loss Narrows Significantly Net loss attributable to Class A shareholders reduced to $(83.91M) in 2025 from $(284.31M) in 2024, showing operational leverage.
Cash Position Strengthened Cash and equivalents totaled $582.61M by December 31, 2025, following significant financing activities including Convertible Notes issuance.
Strategic Acquisitions Completed KinetX acquired in 2025, followed by Lanteris in early 2026, expanding integrated capabilities across the space value chain.
Revenue Mix Shift Noted Service revenue was $207.13M, down 9.1% from 2024, partially offset by $2.93M in new grant revenue recognized.
Risk Factors
High Customer Dependency Risk 78% of 2025 revenue derived from one major customer, creating significant concentration risk if orders change or default.
Mission Execution Uncertainty Delayed launches, launch failures, or lander milestone failures could severely harm financial condition and operational results.
Need for Future Capital History of net operating losses requires securing external capital to sustain planned expansion efforts and R&D investments.
Supply Chain Vulnerability Reliance on limited suppliers, including a single launch provider for critical lunar mission fulfillment, poses supply disruption risk.
Outlook
Evolving Business Model Strategy emphasizes shifting from milestone delivery to recurring service offerings via integrated Build-Connect-Operate model.
Lunar Market Penetration Initial growth driven by capitalizing on Moon and cislunar opportunities leveraging NASA CLPS contracts and new services.
Post-Acquisition Integration Focus on integrating KinetX and Lanteris assets to enhance connectivity and manufacturing scale for future offerings.
Sustainable Order Rate Future revenue hinges on generating a sustainable order rate for space operations and developing new technologies to meet demand.
Peer Comparison
Revenue (TTM)
$4.48B
$3.73B
$3.13B
Gross Margin (Latest Quarter)
60.0%
48.0%
45.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| FTAI | $23.46B | 46.8 | 257.0% | 78.9% |
| AIR | $4.10B | 22.8 | 12.1% | 29.4% |
| MGRC | $2.70B | 17.3 | 13.2% | 21.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-10.5%
Growth Under Pressure
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
25%
Cash Flow Needs Attention
Deep Research
Next earnings:May 12, 2026
EPS:-$0.07
|Revenue:$208.48M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data