Friday 6 November 2026
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Intuitive Machines, Inc.
LUNR Industrials Aerospace & Defense
Intuitive Machines, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $210.1 million, down 7.87% from fiscal 2024.
- Revenue
- +309.8%
- EPS
- −31.8%
- Free cash flow
- −197.2%
- Total debt
- +686,371.4%
Quarter to June 2026, against a year earlier
9.77
1.15
+13.34%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 86 | 80 | 228 | 210 | 490 | +34.7% | 920 | 1,168 | 1,308 | +84.0% | |
| Gross margin, % | — | — | — | — | — | — | 12.14 | (30.72) | 1.21 | 4.28 | 16.35 | (7.9) pt | ||||||
| EBT | — | — | — | — | — | 0 | (6) | 10 | (347) | (103) | (181) | +324.9% | ||||||
| EBT margin, % | — | — | — | — | — | 0.00 | (7.48) | 12.80 | (152.14) | (48.98) | (36.93) | (49.0) pt | ||||||
| Net income | — | 0 | — | — | — | 0 | (6) | 10 | (347) | (107) | (185) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | 0.00 | 10.43 | 4.51 | 3.71 | 1.82 | 3.02 | n/m | |||||
| Earnings | — | — | — | — | — | (0.04) | (0.01) | 3.43 | (4.63) | (0.73) | (0.95) | +104.1% | ||||||
| Cash flow | — | — | — | — | — | (0.16) | 0.10 | (2.57) | (0.94) | (0.12) | (0.78) | (6.3%) | ||||||
| Capex | — | — | — | — | — | 0.00 | (1.99) | (1.69) | (0.16) | (0.36) | (0.38) | n/m | ||||||
| Free cash flow | — | — | — | — | — | (0.16) | (1.89) | (4.26) | (1.10) | (0.49) | (1.16) | +31.8% | ||||||
| Book value | — | — | — | — | — | 0.44 | (6.99) | (14.81) | (16.41) | (6.54) | (1.79) | n/m | ||||||
| Shares, m | — | — | — | — | — | 7 | 8 | 18 | 61 | 115 | 136 | +98.2% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | 0.00 | 0.69 | 0.00 | 0.00 | 0.00 | 0.2 | |||||
| P/S | — | — | — | — | — | — | 0.96 | 0.52 | 4.89 | 8.92 | 2.90 | 3.8 | ||||||
| P/B | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/Sales | — | — | — | — | — | — | 0.89 | 0.57 | 3.99 | 7.74 | 2.81 | 3.3 | ||||||
| EV/FCF | — | — | — | — | — | — | (4.90) | (0.60) | (13.42) | (29.07) | (7.35) | (12.0) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | (1) | 1 | (45) | (58) | (14) | (126) | +85.7% | |||||
| Capex | — | — | — | — | — | — | (16) | (30) | (10) | (42) | (61) | +36.5% | ||||||
| Free cash flow | — | — | — | — | — | (1) | (16) | (75) | (68) | (56) | (188) | +161.1% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | 1 | (54) | (50) | 194 | 494 | 263 | +432.2% | |||||
| Net debt | — | — | — | — | — | 0 | (6) | 4 | (210) | (250) | (43) | +413.5% | ||||||
| Shareholders’ equity | — | — | — | — | — | 3 | (58) | (261) | (1,008) | (754) | (290) | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | — | (0.19) | (0.10) | 77.72 | (128.85) | (15.08) | (11.10) | (14.9) pt | |||||
| ROIC | — | — | — | — | — | (10.53) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | +10.5 pt | ||||||
| ROE | — | — | — | — | — | 0.00 | 0.70 | (37.25) | 44.79 | 9.52 | 39.21 | +9.5 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | 1 | 163 | 382 | 435 | 525 | — | +378.7% | |||||
| Revenue/emp, $m | — | — | — | — | — | 0.00 | 0.53 | 0.21 | 0.52 | 0.40 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026
Intuitive Machines, Inc. vs peers in Aerospace & Defense (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| ACHR Archer Aviation Inc. | $3.0B | — (loss-making) | — (loss-making) | — | n/m | −51.76% (below 0%: shrinking) | 14.00% | (5,584.00%) | Compare |
| FLY Firefly Aerospace, Inc. | $2.5B | — (loss-making) | — (loss-making) | +656.85% (above 0%: growing) | n/m | −185.28% (below 0%: shrinking) | 20.29% | (80.89%) | Compare |
| VVX V2X, Inc. | $2.3B | 23.4× | 24.7× | +8.94% (above 0%: growing) | +30.85% (above 0%: growing) | +72.15% (above 0%: growing) | 8.13% | 4.68% | Compare |
| ATRO Astronics Corporation | $2.3B | 28.7× | 22.5× | +27.01% (above 0%: growing) | +2,362.46% (above 0%: growing) | +299.44% (above 0%: growing) | 33.43% | 15.57% | Compare |
| DCO Ducommun Incorporated | $2.0B | — (loss-making) | 38.2× | +11.80% (above 0%: growing) | +58.82% (above 0%: growing) | +48.47% (above 0%: growing) | 28.02% | 12.62% | Compare |
| LUNR Intuitive Machines, Inc. | $2.0B | — (loss-making) | — (loss-making) | +309.77% (above 0%: growing) | n/m | −197.16% (below 0%: shrinking) | 17.40% | (22.86%) | |
| RDW Redwire Corporation | $1.6B | — (loss-making) | — (loss-making) | +5.42% (above 0%: growing) | n/m | −138.56% (below 0%: shrinking) | 32.30% | (24.09%) | Compare |
| AADX Applied Aerospace & Defense, Inc. | $1.5B | — (loss-making) | — (loss-making) | — | n/m | — | 22.22% | (57.51%) | Compare |
| VOYG Voyager Technologies, Inc. | $1.3B | — (loss-making) | — (loss-making) | +124.10% (above 0%: growing) | n/m | +4.80% (above 0%: growing) | 11.53% | (69.78%) | Compare |
| Median of peers | $2.1B | — | 24.7× | +19.41% | +58.82% | +4.80% | 21.26% | (40.80%) |
Pay and ownership Proxy statement filed 24 April 2026
Ownership
Directors and executive officers, together
54.10% of the votes
Dr. Kamal Ghaffarian
33.50% of the votes
Stephen Altemus
11.60% of the votes
Dr. Timothy Crain
8.20% of the votes
Advent Reporting PersonPrudential Tower,
7.00% of the votes
BlackRock, Inc.50 Hudson Yards New York, NY
2.90% of the votes
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
Intuitive Machines, Inc. (LUNR) Latest News
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LUNR metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Altman Z-score