Intuitive Machines, Inc. (LUNR) income statement
NASDAQ · Industrials · Aerospace & Defense · 525 employees · CEO Stephen J. Altemus
- Price
- $10.67 -8.65%
- Market cap
- $2.17B
- Enterprise value
- $2.23B
- Last report
- Q2 '26 filed 2026-08-13
- Next report
- 2026-11-12 EPS est. -$0.10
Intuitive Machines, Inc. (LUNR) reported revenue of $206M for Q2 '26 (+309.8% year on year), operating income of -$47.1M (-22.9% of revenue) and net income of -$46.4M. Over the last four quarters revenue was $490M.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.7M | $30.6M | $73.1M | $41.4M | $58.5M | $55M | $62.5M | $50.3M | $52.4M | $44.8M | $187M | $206M | |
| Cost of revenue | $26.5M | $29.1M | $61.3M | $57.1M | $54.4M | $17.6M | $49.6M | $62.2M | $41M | $31.2M | $114M | $170M | |
| Gross profit | -$13.8M | $1.46M | $11.7M | -$15.7M | $4.12M | $37.5M | $12.9M | -$11.8M | $11.4M | $13.5M | $72.8M | $35.9M | |
| Research & development | $0 | $0 | $0 | $0 | $0 | $1.4M | $0 | $400K | $0 | $0 | $5.59M | $7.73M | |
| Sales & marketing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1M | $0 | $0 | $0 | $0 | |
| General & administrative | $9.91M | $5.94M | $17.1M | $12.1M | $12.3M | $11.7M | $16.1M | $15M | $20.3M | $40.2M | $50.7M | $60.3M | |
| Other operating expenses | $329K | $1.4M | $0 | $423K | $5.53M | $34.4M | $6.89M | $352K | $6.55M | $6.46M | $55.8M | $14.9M | |
| Operating expenses | $10.2M | $7.34M | $17.1M | $12.5M | $17.8M | $47.6M | $23M | $16.8M | $26.8M | $46.6M | $112M | $83M | |
| Operating income | -$24M | -$5.87M | -$5.4M | -$28.2M | -$13.7M | -$10.1M | -$10.1M | -$28.6M | -$15.4M | -$33.1M | -$39.2M | -$47.1M | |
| Interest income | $0 | $0 | $0 | $20K | $31K | $149K | $1.42M | $3.43M | $4.83M | $5.52M | $1.43M | $1.48M | |
| Interest expense | $228K | $42K | $20K | $0 | $0 | $0 | $26K | $0 | $1.34M | $2.74M | $4.89M | $4.48M | |
| Other non-operating income (gains on investments, FX ...) | -$39.1M | -$10.3M | $115M | -$44.2M | -$5.04M | $3.3M | -$11.1M | $9.57M | -$6.81M | $19.9M | $8.44M | $11.2M | |
| Total non-operating income | $38.9M | $10.2M | -$115M | $44.2M | -$66.6M | -$155M | $11.1M | -$9.57M | $5.46M | -$22.6M | -$13.3M | -$15.7M | |
| Income before tax | $14.9M | $4.34M | -$121M | $16M | -$80.4M | -$165M | $975K | -$38.2M | -$9.96M | -$55.7M | -$52.5M | -$62.8M | |
| Income tax | $605K | -$252K | $0 | $0 | $50K | -$13K | $0 | $0 | -$5K | $3.96M | -$2K | $8K | |
| Net income | $33.3M | $8.99M | -$98.3M | $18.3M | -$55.5M | -$149M | -$11.4M | -$38.6M | -$6.84M | -$40M | -$37.5M | -$46.4M | |
| EPS (basic) | $1.89 | $0.39 | -$2.70 | $0.33 | -$0.69 | -$1.72 | -$0.11 | -$0.24 | -$0.06 | -$0.34 | -$0.25 | -$0.29 | |
| EPS (diluted) | $1.26 | $0.39 | -$2.70 | $0.29 | -$0.69 | -$1.72 | -$0.11 | -$0.24 | -$0.06 | -$0.34 | -$0.25 | -$0.29 | |
| Shares (basic, weighted) | 17.4M | 21M | 36.6M | 55.1M | 80.1M | 61.4M | 107M | 107M | 118M | 119M | 148M | 162M | |
| Shares (diluted, weighted) | 26.1M | 21M | 36.6M | 62.3M | 80.1M | 61.4M | 107M | 107M | 118M | 119M | 148M | 162M | |
| Depreciation & amortization | $329K | $432K | $414K | $423K | $482K | $540K | $623K | $752K | $815K | $1.41M | $13M | $14.9M | |
| EBITDA | $15.5M | $4.82M | -$120M | $16.4M | -$8.2M | -$12.9M | $1.6M | -$37.5M | -$7.8M | -$51.6M | -$34.6M | -$43.4M |
| Income statement | Trend | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $44.3M | $72.6M | $85.9M | $79.5M | $228M | $210M | |
| Cost of revenue | $42.6M | $100M | $75.5M | $100M | $190M | $177M | |
| Gross profit | $1.7M | -$27.8M | $10.4M | -$21M | $37.6M | $32.8M | |
| General & administrative | $5.52M | $9.29M | $14.9M | $32.9M | $53.3M | $92.6M | |
| Other operating expenses | $578K | $840K | $1.07M | $2.34M | $41.8M | $27.4M | |
| Operating expenses | $6.09M | $10.1M | $15.9M | $35.3M | $95M | $120M | |
| Operating income | -$4.39M | -$37.9M | -$5.51M | -$56.2M | -$57.4M | -$87.2M | |
| Interest income | $73K | $0 | $0 | $0 | $180K | $15.3M | |
| Interest expense | $0 | $224K | $836K | $823K | $0 | $4.18M | |
| Other non-operating income (gains on investments, FX ...) | $0 | -$2.47M | $85K | -$72.1M | -$5.04M | $11.5M | |
| Total non-operating income | $73K | $2.24M | -$921K | $71.3M | -$289M | -$15.7M | |
| Income before tax | -$4.32M | -$35.6M | -$6.43M | $15.1M | -$347M | -$103M | |
| Income tax | $8K | $2K | -$23K | $40K | $37K | $3.96M | |
| Net income | -$4.25M | -$35.6M | -$6.41M | $62.8M | -$283M | -$83.3M | |
| EPS (basic) | -$0.24 | -$1.97 | -$0.05 | $3.43 | -$4.63 | -$0.70 | |
| EPS (diluted) | -$0.24 | -$1.97 | -$0.05 | $2.37 | -$4.63 | -$0.70 | |
| Shares (basic, weighted) | 18.1M | 18.1M | 18.1M | 17.6M | 61.4M | 119M | |
| Shares (diluted, weighted) | 18.1M | 18.1M | 18.1M | 25.6M | 61.4M | 119M | |
| Depreciation & amortization | $578K | $840K | $1.07M | $1.38M | $1.86M | $3.6M | |
| EBITDA | -$3.82M | -$34.6M | -$4.52M | $17.3M | -$50.5M | -$95.1M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02