Intuitive Machines, Inc. (LUNR)财务
NASDAQ · Industrials · Aerospace & Defense · 员工525人 · CEO Stephen J. Altemus
- 股价
- $10.67 -8.65%
- 市值
- $21.7亿
- 企业价值
- $22.3亿
- 最近财报
- Q2 '26 2026-08-13提交
- 下次财报
- 2026-11-12 EPS预期 -$0.10
营收(TTM)$4.9亿+116.5% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)-27.5%+0.1 百分点 对比去年同期营业利润 -$1.35亿
净利润(TTM)-$1.31亿+48.5% 对比去年同期税后,含营业外收益
自由现金流(TTM)-$1.91亿-373.6% 对比去年同期资本支出 $6150万
稀释EPS(TTM)-$0.94+66.0% 对比去年同期最近4个季度之和
净现金-$6240万-120.3% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $21.7亿 EV $22.3亿
- 营收
- $4.9亿 过去12个月
- 营收增速
- +341% FY2026年一致预期
- 净利润率
- -26.7% 净利润 / 营收,TTM
- P/E
- -11.4× 预期 -16.5×(FY2026)
- P/S
- 4.4× 股价 / 营收,TTM
- EV / EBITDA
- -16.2× TTM
- 自由现金流
- -$1.91亿 过去12个月
- 净利润
- -$1.31亿 过去12个月
- 营收预期
- $9.26亿 FY2026年一致预期
- 盈利
- 2026-11-12 营收预期 $2.46亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-13):营收低于预期2.9%,EPS 低于预期220.9%营收$2.06亿,预期$2.12亿(-2.9%);EPS -$0.29,预期-$0.09(-220.9%)。
- 营收增长加速:同比309.8%Q2 '26营收$2.06亿,此前四个季度的平均值为47.8%。
- 营业利润率-27.5%(TTM),较去年同期+0.1 百分点营收增长116.5%,营业利润增长-115.6%。
- 资本支出占营收的12.5%(去年为9.1%)最近4个季度投入$6150万(同比+199.9%)。自由现金流-$1.91亿。
- 稀释股数一年内增加51.4%Q2 '26稀释股数1.62亿,一年前为1.07亿。
- 净债务 $6240万现金 + 短期投资 $3.67亿,含租赁债务 $4.3亿;一年前净现金 $3.08亿。
- Reportable Segment:营收+309.8%,利润率-22.9%(此前为-56.9%)Q2 '26增长最快的披露分部:营收$2.06亿,营业利润-$4710万(来自财报的分部附注)。
上一季度:Q2 '26
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $2.06亿 | $5030万 | +309.8% |
| 毛利率 | 17.4% | -23.5% | +40.9 百分点 |
| 营业利润 | -$4710万 | -$2860万 | -64.6% |
| 营业利润率 | -22.9% | -56.9% | +34.1 百分点 |
| 净利润 | -$4640万 | -$3860万 | -20.4% |
| 稀释EPS | -$0.29 | -$0.24 | -20.8% |
| 经营现金流 | -$5980万 | -$1930万 | -210.5% |
| 资本支出 | $2410万 | $805万 | +198.8% |
| 自由现金流 | -$8390万 | -$2730万 | -207.0% |
| R&D | $773万 | $40万 | +1,832.3% |
| 股权激励费用 | $1050万 | $252万 | +316.3% |
实际 vs 一致预期
2026-08-13| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $2.06亿 | $2.12亿 | -2.9% |
| EPS(一致预期口径) | -$0.29 | -$0.09 | -220.9% |
来自2026-08-13发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Product | $1.67亿 | – | 82.0% | – | – | |
| Reportable Segment | – | – | – | – | – | |
| Service | $3670万 | – | 18.0% | – | – |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q2 '26分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| Reportable Segment | $2.06亿 | +309.8% | -$4710万 | -64.6% | -22.9% | -56.9% | -$1.32亿 |
各分部营业利润
季度各分部营业利润率
季度第四季度为推算值:10-K披露全年数据,减去10-Q的前三个季度。
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- -$1.29亿
- 资本支出
- -$6150万
- 股票回购
- $0
- 股息
- $0
- 收购
- -$4.47亿
- 债务净发行
- $3.36亿
- 股权激励费用
- $2260万
- 自由现金流
- -$1.91亿
- 股东回报 / FCF
- 0.0%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | -11.4× | 0.7× 5年中的1年 | 0.7× – 0.7× |
| EV / EBITDA | -16.2× | 5.5× 5年中的1年 | 5.5× – 5.5× |
| EV / 营收 | 4.5× | 4.5× | 1.2× – 10.6× |
| 股价 / FCF | -11.4× | – | – |
| 股价 / 净资产 | -6.1× | – | – |
| FCF收益率 | -8.8% | -39.1% | -166.4% – -2.9% |
| 投入资本回报率 | -8.9% | -1.1% | -325.1% – 306.8% |
| 净资产收益率 | 29.8% | 18.5% | -26.9% – 68.8% |
分析师
一致目标价 $31.00 (+190.5%)
区间 $25.00 – $39.00 · 评级 Buy
强烈买入0
买入10
持有0
卖出1
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $9.26亿 | +340.7% | -$0.65 | +7.3% | -16.5× | 3 |
| FY2027 | $11.4亿 | +23.3% | -$0.21 | +67.5% | -50.7× | 4 |
| FY2028 | $13.8亿 | +21.2% | $0.06 | +126.6% | 190.6× | 2 |
| FY2029 | $18.1亿 | +30.9% | $0.56 | +892.1% | 19.2× | 1 |
| FY2030 | $20.5亿 | +13.1% | $0.94 | +69.6% | 11.3× | 1 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Intuitive Machines, Inc.在近期10-Q / 10-K文件中标记的全部284项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Receivable, after Allowance for Credit Loss, Current | $1220万2025-12-31 | $4480万 | -72.8% | $1220万 | $4480万 | -72.8% |
| Accounts Receivable, Allowance for Credit Loss | $330万2025-12-31 | $0 | – | $330万 | $0 | – |
| Accounts Receivable, Allowance for Credit Loss, Current | $365万 | $0 | – | $330万 | $0 | – |
| Accounts Receivable, Allowance for Credit Loss, Writeoff | – | – | – | $13.6万 | $44万 | -69.1% |
| Accounts Receivable, before Allowance for Credit Loss, Current | $7960万 | – | – | – | – | – |
| Accounts Receivable, Credit Loss Expense (Reversal) | $0 | $13.5万 | -100.0% | $343万 | $44万 | +679.8% |
| Accrued Income Taxes, Current | $14.3万 | $4.3万 | +232.6% | $14.3万 | $4.3万 | +232.6% |
| Accrued Payroll Taxes, Current | $2920万 | $891万 | +227.2% | $1280万 | $1030万 | +24.8% |
| Accrued Professional Fees, Current | $483万 | $118万 | +310.6% | $1150万 | $96万 | +1,093.5% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $2270万 | $567万 | +299.6% | $756万 | $451万 | +67.5% |
| Additional Paid in Capital | $0 | $0 | – | $0 | $0 | – |
| Adjustments to Additional Paid in Capital, Dividends in Excess of Retained Earnings | $16.7万 | $15.1万 | +10.6% | $61.6万 | $89.6万 | -31.3% |
| Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs | – | – | – | $35万2024-12-31 | $2440万 | -98.6% |
| Amortization of Debt Issuance Costs and Discounts | $50.9万 | $0 | – | $98.2万 | $0 | – |
| Amortization of Deferred Charges | $710万 | $760万 | -6.6% | $2980万 | $1010万 | +195.0% |
| Amortization of Intangible Assets | $710万 | $0 | – | $33.2万 | – | – |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $1050万 | $252万 | +316.3% | $861万 | $880万 | -2.1% |
| Assets | $18.9亿 | $4.76亿 | +296.8% | $7.57亿 | $3.55亿 | +113.0% |
| Assets, Current | $6.63亿 | $3.97亿 | +67.1% | $6.19亿 | $2.93亿 | +111.1% |
| Business Combination, Acquisition Related Costs | $790万 | – | – | $1080万 | – | – |
| Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability | $89万 | $0 | – | $185万 | $0 | – |
| Business Combination, Contingent Consideration, Liability | $535万2025-12-31 | $1.34亿 | -96.0% | $535万 | $1.34亿 | -96.0% |
| Business Combination, Contingent Consideration, Liability, Current | $676万 | – | – | – | – | – |
| Capital Expenditures Incurred but Not yet Paid | $135万 | $351万 | -61.5% | $682万 | $181万 | +277.1% |
| Cash and Cash Equivalents, at Carrying Value | $3.67亿 | $3.45亿 | +6.5% | $5.83亿 | $2.08亿 | +180.6% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $3.79亿 | $3.47亿 | +9.2% | $5.85亿 | $2.1亿 | +179.2% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $1.36亿 | -$2840万 | +578.5% | $3.76亿 | $2.05亿 | +83.2% |
| Contract with Customer, Asset, after Allowance for Credit Loss | $5100万 | $844万 | +504.3% | $1220万 | $3460万 | -64.6% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $5100万 | $844万 | +504.3% | $1220万 | $3460万 | -64.6% |
| Contract with Customer, Liability | $2.2亿 | $7160万 | +206.5% | $6370万 | $7950万 | -19.9% |
| Contract with Customer, Liability, Current | $2.16亿 | $6840万 | +215.0% | $5740万 | $6520万 | -12.0% |
| Contract with Customer, Liability, Noncurrent | $407万 | $322万 | +26.4% | $634万 | $1430万 | -55.8% |
| Contract with Customer, Liability, Revenue Recognized | $1240万2025-12-31 | $520万 | +138.5% | $5330万 | $1360万 | +291.9% |
| Conversion of Stock, Amount Converted | $02025-12-31 | $0 | – | $0 | $2310万 | -100.0% |
| Costs and Expenses | $2.53亿 | $7900万 | +220.8% | $2.97亿 | $2.85亿 | +4.2% |
| Current Federal Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Current State and Local Tax Expense (Benefit) | – | – | – | $3.5万 | $4.1万 | -14.6% |
| Debt Instrument, Unamortized Discount | $788万 | – | – | $880万 | – | – |
| Debt Issuance Costs, Net | $77.1万 | – | – | $86.2万 | $0 | – |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $393万 | $0 | – |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $0 | -$4000 | +100.0% |
| Deferred Tax Asset, Interest Carryforward | $68.7万2025-12-31 | $0 | – | $68.7万 | $0 | – |
| Deferred Tax Assets, Deferred Income | $1.9万2025-12-31 | $2.5万 | -24.0% | $1.9万 | $2.5万 | -24.0% |
| Deferred Tax Assets, Equity Method Investments | $3.35亿2025-12-31 | $3.35亿 | -0.1% | $3.35亿 | $3.35亿 | -0.1% |
| Deferred Tax Assets, Gross | $3.54亿2025-12-31 | $3.4亿 | +4.2% | $3.54亿 | $3.4亿 | +4.2% |
| Deferred Tax Assets, Net | $02025-12-31 | $0 | – | $0 | $0 | – |
| Deferred Tax Assets, Net of Valuation Allowance | $60002025-12-31 | $1.3万 | -53.8% | $6000 | $1.3万 | -53.8% |
| Deferred Tax Assets, Operating Loss Carryforwards | $1720万2025-12-31 | $326万 | +426.8% | $1720万 | $326万 | +426.8% |
| Deferred Tax Assets, Operating Loss Carryforwards, Domestic | $7390万2025-12-31 | $1370万 | +439.4% | $7390万 | $1370万 | +439.4% |
| Deferred Tax Assets, Other | $65.3万2025-12-31 | $66.4万 | -1.7% | $65.3万 | $66.4万 | -1.7% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost | $88.9万2025-12-31 | $62.9万 | +41.3% | $88.9万 | $62.9万 | +41.3% |
| Deferred Tax Assets, Valuation Allowance | $3.54亿2025-12-31 | $3.4亿 | +4.2% | $3.54亿 | $3.4亿 | +4.2% |
| Deferred Tax Liabilities, Gross | $60002025-12-31 | $1.3万 | -53.8% | $6000 | $1.3万 | -53.8% |
| Defined Benefit Plan, Benefit Obligation | $3.93亿2026-01-13 | – | – | – | – | – |
| Defined Benefit Plan, Expected Future Employer Contributions, Current Fiscal Year | $840万 | – | – | – | – | – |
| Defined Benefit Plan, Expected Return (Loss) on Plan Assets | $647万 | – | – | – | – | – |
| Defined Benefit Plan, Interest Cost | $455万 | – | – | – | – | – |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit) | -$152万 | – | – | – | – | – |
| Defined Benefit Plan, Plan Assets, Amount | $3.36亿2026-01-13 | – | – | – | – | – |
| Defined Benefit Plan, Service Cost | $40万 | – | – | – | – | – |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 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
数据截至 2026-11-02