Can Intuitive Machines, Inc. cover its short-term obligations?

Its current ratio is 1.22 — current assets exceed current liabilities.

Where does Intuitive Machines, Inc.'s balance sheet data come from?

Every line is extracted from Intuitive Machines, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Intuitive Machines, Inc. LUNR Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Cash and cash equivalents	$243.37M-58.4%	$585.34M-6.2%	$624.02M+79.9%	$346.94M-7.6%	$375.3M+79.0%
Restricted cash	$11.74M+330%	$2.73M+33.8%	$2.04M0.0%	$2.04M0.0%	$2.04M0.0%
Inventories	——	——	——	——	——
Raw materials	——	——	——	——	——
Work in process	——	——	——	——	——
Prepaid expenses and other current assets	$24.33M+327%	$5.69M-32.8%	$8.47M+76.3%	$4.8M-7.0%	$5.16M+24.0%
Contract assets	$48.02M+292%	$12.24M+20.3%	$10.18M+20.6%	$8.44M-60.8%	$21.52M-37.8%
Total current assets	$505.28M-18.3%	$618.81M-7.1%	$665.98M+67.9%	$396.75M-8.0%	$431.31M+47.1%
Property and equipment, net	$244.22M+256%	$68.55M+38.6%	$49.47M+21.8%	$40.61M+36.3%	$29.79M+27.5%
Accumulated depreciation	$14.79M+95.7%	$7.56M+16.5%	$6.49M+14.4%	$5.67M+15.3%	$4.92M+9.0%
Operating lease right-of-use assets	7.2%-3,675,499,993%	3,675,500,000%+3,675,499,989%	11.3%-3,766,199,989%	3,766,200,000%+3,766,199,994%	6.5%-3,876,499,994%
Goodwill	——	——	——	——	——
Intangible assets, net	——	——	——	——	——
Other non-current assets	$843K-33.9%	$1.28M+3.5%	$1.23M—	——	——
Total assets	$1.72B+127%	$757.15M+0.5%	$753.53M+58.4%	$475.64M-4.9%	$500.01M+40.7%
Accrued expenses	$90.42M+174%	$33.03M+111%	$15.62M+51.6%	$10.31M+9.4%	$9.42M-18.0%
Deferred revenue	$205.58M+258%	$57.37M-13.3%	$66.16M-3.3%	$68.43M+18.1%	$57.93M-11.1%
Current portion of long-term debt	$33K-31.3%	$48K+14.3%	$42K+2.4%	$41K+2.5%	$40K—
Operating lease liabilities, current	$27.7M+165%	$10.47M+67.4%	$6.25M+195%	$2.12M+1.5%	$2.09M+3.3%
Finance Lease Liability, Current	$33K-31.3%	$48K+14.3%	$42K+2.4%	$41K+2.5%	$40K+8.1%
Contract liabilities	$2.73M-56.9%	$6.34M+288%	$1.64M-49.1%	$3.22M-75.2%	$12.96M-9.6%
Income taxes payable	$143K0.0%	$143K+233%	$43K0.0%	$43K0.0%	$43K0.0%
Accrued interest	——	——	——	——	——
Total current liabilities	$415.46M+233%	$124.83M+17.7%	$106.02M-1.2%	$107.3M+9.3%	$98.15M-0.7%
Long-term debt	——	——	——	——	——
Operating lease liabilities, non-current	$62.79M+139%	$26.29M-12.6%	$30.08M-14.4%	$35.14M-0.2%	$35.2M-0.2%
Finance Lease Liabilities (Total)	——	——	——	——	——
Operating Lease Liabilities (Total)	——	——	——	——	——
Finance lease liabilities	$24K+20.0%	$20K-47.4%	$38K-22.4%	$49K-19.7%	$61K-3.2%
Other non-current liabilities	$48.09M+19,938%	$240K+0.4%	$239K-1.2%	$242K-5.8%	$257K+315%
Total liabilities	$75.69M+15.1%	$65.75M+78.4%	$36.86M-5.0%	$38.81M+50.6%	$25.78M-87.3%
Additional paid-in capital	$0—	$0—	$0—	$0—	$0—
Retained earnings	-$300.79M+58.3%	-$721.46M-94.6%	-$370.67M-6.6%	-$347.69M-236%	-$103.41M+89.6%
Treasury stock	$33.53M0.0%	$33.53M0.0%	$33.53M0.0%	$33.53M0.0%	$33.53M+161%
Redeemable noncontrolling interests	$1.06B+11.2%	$951.54M+48.5%	$640.66M-3.5%	$663.73M+45.3%	$456.7M-54.6%
Noncontrolling interests	$860K+66.3%	$517K-42.0%	$892K-57.0%	$2.07M+22.7%	$1.69M+37.6%
Total stockholders' equity	-$334.3M+55.7%	-$754.96M-86.8%	-$404.17M-6.0%	-$381.2M-178%	-$136.91M+86.4%
Total liabilities and stockholders' equity	$1.72B+127%	$757.15M+0.5%	$753.53M+58.4%	$475.64M-4.9%	$500.01M+40.7%
Allowance for Doubtful Accounts	——	——	——	——	$0—
Allowance for Doubtful Accounts Receivable (Current)	——	——	——	——	$0—
Accumulated Goodwill Impairment Losses	——	——	——	——	——
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	——	——	——	——	——
Finite Lived Intangible Assets - Gross	——	——	——	——	——
Net Investment in Lease	$66.03M+79.7%	$36.76M0.0%	$36.74M-2.4%	$37.66M-1.4%	$38.22M-1.4%
Intangible assets — net	——	——	——	——	——
Other intangible assets—net	——	——	——	——	——
Operating lease right-of-use assets	$66.03M+79.7%	$36.76M0.0%	$36.74M-2.4%	$37.66M-1.4%	$38.22M-1.4%
Orbital receivables, non-current	——	——	——	——	——
Other Assets	$843K-33.9%	$1.28M+3.5%	$1.23M—	——	——
Property, plant and equipment at cost	$259.01M+240%	$76.11M+36.0%	$55.96M+20.9%	$46.28M+33.3%	$34.71M+24.5%
Operating Lease Right-of-Use Assets in Other Assets	$66.03M+79.7%	$36.76M0.0%	$36.74M-2.4%	$37.66M-1.4%	$38.22M-1.4%
Long-term Prepaid Supply Agreements	——	——	——	——	——
Accrued Contingent Liabilities	$2.1M0.0%	$2.1M0.0%	$2.1M—	——	——
Current Pension and Postretirement Benefit Liabilities	——	——	——	——	——
Accrued Progress Collections and Price Adjustments	$2.73M-56.9%	$6.34M+288%	$1.64M-49.1%	$3.22M-75.2%	$12.96M-9.6%
Accrued Income Taxes, Current	$143K0.0%	$143K+233%	$43K0.0%	$43K0.0%	$43K0.0%
Other accrued liabilities	$90.42M+174%	$33.03M+111%	$15.62M+51.6%	$10.31M+9.4%	$9.42M-18.0%
Finance Lease Liability Payment Due	——	——	——	——	——
Finance Lease Liability - Undiscounted Excess Amount	——	——	——	——	——
Lease Liability Payments - 2020 (Remaining Three Months)	——	——	——	——	——
Lease Liability Payments - 2021	——	——	——	——	——
Operating Lease Liability Payments - 2024 (Lessee)	——	——	——	——	——
Operating Lease Liability Payments - 2025 (Lessee)	——	——	——	——	——
Lease Liability Payments - Due Year Two	——	——	——	——	——
Lease Liability Payments - Due Year Three	——	——	——	——	——
Lease Liability Payments - Due Year Four	——	——	——	——	——
Lease Liability Payments - Remainder of Fiscal Year	——	——	——	——	——
Operating Lease Liability Payments Due	——	——	——	——	——
Operating Lease Liability - Undiscounted Excess Amount	——	——	——	——	——
Professional Service Fees Payable	$6.33M-44.8%	$11.46M+479%	$1.98M+68.1%	$1.18M+98.5%	$593K-38.2%
Contract Liabilities, Non-Current	$2.73M-56.9%	$6.34M+288%	$1.64M-49.1%	$3.22M-75.2%	$12.96M-9.6%
Debt Maturity - 2027	——	——	——	——	——
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	——	——	——	——	——
Deferred Compensation Liability (Non-Current)	——	——	——	——	——
Defined Benefit Pension Plan Liabilities (Non-Current)	——	——	——	——	——
Operating Lease Liability Payments - 2026 (Lessee)	——	——	——	——	——
Operating Lease Liability Payments - 2027 (Lessee)	——	——	——	——	——
Operating Lease Liability Payments - 2028 (Lessee)	——	——	——	——	——
Deferred revenue, net of current portion	$2.73M-56.9%	$6.34M+288%	$1.64M-49.1%	$3.22M-75.2%	$12.96M-9.6%
Retirement and nonpension postretirement benefit obligations	——	——	——	——	——
Total debt	$426.43M+14.6%	$372.21M+0.2%	$371.28M+894%	$37.35M-0.1%	$37.39M0.0%
Common Stock Shares Outstanding	——	——	——	——	——
Cumulative Gross Losses and Impairments	——	——	——	——	——
Number of Exercisable Options	——	——	——	——	——
Share-Based Payment Award Options Outstanding - Number	748.4K0.0%	748.4K-2.2%	765K-8.7%	837.8K-9.2%	923.2K-6.7%
Share Price	——	——	——	——	——
Temporary Equity Attributable to Parent	$6.78M+2.5%	$6.61M+2.5%	$6.45M+2.5%	$6.29M+2.5%	$6.14M+2.5%
Weighted Average Exercise Price of Outstanding Options	$4.090.0%	$4.09+1.2%	$4.04+4.9%	$3.85+5.2%	$3.66+3.4%
Cumulative Cost Basis	$259.01M+240%	$76.11M+36.0%	$55.96M+20.9%	$46.28M+33.3%	$34.71M+24.5%
Employee payroll tax withheld on employee stock transactions	$26.61M+108%	$12.82M+3.3%	$12.41M+39.3%	$8.91M+3.8%	$8.58M-16.5%
Professional service fees	$6.33M-44.8%	$11.46M+479%	$1.98M+68.1%	$1.18M+98.5%	$593K-38.2%
Allowance for doubtful accounts	——	——	——	——	$0—
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable, Entity Shares Issued Per Acquiree Share	——	——	——	——	——
Commercial insurance financing	——	——	——	——	——
Common stock, conversion ratio (in shares)	——	——	——	——	——
Deferred contract costs	$6.7M+83,675%	$8K-99.7%	$3.02M-1.0%	$3.06M-67.7%	$9.47M-42.6%
Contract with Customer, Asset, after Allowance for Credit Loss	$48.02M+292%	$12.24M+20.3%	$10.18M+20.6%	$8.44M-60.8%	$21.52M-37.8%
Unbilled receivables	$41.32M+238%	$12.23M+71.0%	$7.15M+32.9%	$5.38M-55.3%	$12.05M-33.5%
Contract with Customer, Liability	$208.31M+227%	$63.71M-6.0%	$67.79M-5.4%	$71.64M+1.1%	$70.89M-10.8%
Accrued launch costs	$1.55M-66.8%	$4.66M+740%	$555K-53.5%	$1.19M—	$0-100%
Contract loss provision	$5.7M-18.5%	$7M-23.7%	$9.17M-2.5%	$9.4M+70.2%	$5.52M-30.0%
Contract loss provision	$297K—	——	——	——	——
Deferred revenue	$198.33M+334%	$45.71M-19.0%	$56.44M-2.4%	$57.84M+10.4%	$52.41M-4.4%
Deferred revenue	$2.43M—	——	——	——	——
Less: net unamortized discount	——	——	——	——	——
Defined Benefit Pension Plan Current And Noncurrent Liabilities	——	——	——	——	——
Future pension and postretirement benefit obligations	——	——	——	——	——
Less: Fair value of plan assets at end of period	——	——	——	——	——
Earn-out liabilities	——	——	——	——	——
Current maturities of long-term debt	$33K-31.3%	$48K+14.3%	$42K+2.4%	$41K+2.5%	$40K+8.1%
Finance Lease Liability Payments Due	——	——	——	——	——
2027	——	——	——	——	——
Finance Lease Liability Payments Due Year Four	——	——	——	——	——
Finance Lease Liability Payments Due Year Three	——	——	——	——	——
Finance Lease Liability Payments Due Year Two	——	——	——	——	——
Finance Lease Liability Undiscounted Excess Amount	——	——	——	——	——
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$86K-8.5%	$94K-7.8%	$102K-7.3%	$110K-6.8%	$118K+3.5%
Finite-Lived Intangible Assets, Accumulated Amortization	——	——	——	——	——
2028	——	——	——	——	——
2030	——	——	——	——	——
Remainder of 2026	——	——	——	——	——
2027	——	——	——	——	——
2029	——	——	——	——	——
Gross Carrying Amount	——	——	——	——	——
Goodwill, Gross	——	——	——	——	——
Goodwill accumulated impairment losses	——	——	——	——	——
Government assistance, award amount	——	——	——	——	——
Government assistance, award, applied to reimburse costs	——	——	——	——	——
Receivable from credits from ARPA	——	——	——	——	——
Raw materials	——	——	——	——	——
Thereafter	——	——	——	——	——
Lessee Operating Lease Liability Payments Due	——	——	——	——	——
Thereafter	——	——	——	——	——
Lessee Operating Lease Liability Undiscounted Excess Amount	——	——	——	——	——
Loss Contingency Accrual	$2.1M0.0%	$2.1M0.0%	$2.1M—	——	——
Noncontrolling interests in subsidiaries	$860K+66.3%	$517K-42.0%	$892K-57.0%	$2.07M+22.7%	$1.69M+37.6%
Number of core pillars	——	——	——	——	——
Number of customers with orbital receivables	——	——	——	——	——
Operating Lease Weighted Average Discount Rate Percent	——	——	——	——	——
Orbital receivables, current	——	——	——	——	——
Other accrued liabilities	$10.47M+14,854%	$70K-57.6%	$165K-6.3%	$176K-11.6%	$199K-6.1%
Current pension and PRB liabilities (included in Accrued employee compensation)	——	——	——	——	——
Purchase Obligation	——	——	——	——	——
Redeemable noncontrolling interests in subsidiaries	$1.06B+11.2%	$951.54M+48.5%	$640.66M-3.5%	$663.73M+45.3%	$456.7M-54.6%
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	——	——	——	——	——
Securitization Liability	——	——	——	——	——
Current portion	——	——	——	——	——
Non-current portion	——	——	——	——	——
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number	——	——	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	$748.36K0.0%	$748.36K-2.2%	$765.04K-8.7%	$837.79K-9.2%	$923.17K-6.7%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$4.090.0%	$4.09+1.2%	$4.04+4.9%	$3.85+5.2%	$3.66+3.4%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value	——	——	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price	——	——	——	——	——
Share price (in dollars per share)	——	——	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Option, Nonvested, Weighted Average Exercise Price	$3.170.0%	$3.170.0%	$3.17-11.9%	$3.60+51.9%	$2.37+6.3%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value	——	——	——	——	——
Tax receivable agreement, percent of cash tax savings required to be paid	——	——	——	——	——
Temporary Equity Par Or Stated Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Temporary Equity Shares Authorized	25M0.0%	25M0.0%	25M0.0%	25M0.0%	25M0.0%
Temporary Equity Shares Issued	5K0.0%	5K0.0%	5K0.0%	5K0.0%	5K0.0%
Temporary Equity Shares Outstanding	5K0.0%	5K0.0%	5K0.0%	5K0.0%	5K0.0%
Total Shares Authorized	——	——	——	——	——
Total Shares Issued	——	——	——	——	——
Total Shares Outstanding	——	——	——	——	——
Treasury stock, shares (in shares)	$2.19M0.0%	$2.19M0.0%	$2.19M0.0%	$2.19M0.0%	$2.19M0.0%
Warrant liabilities	$69.82M+15.6%	$60.39M+63.9%	$36.86M-5.0%	$38.81M+50.6%	$25.78M-62.5%
Warranty and after-sale service cost, liability	——	——	——	——	——
Warranty and after-sale service liabilities	——	——	——	——	——
Working capital surplus (deficit)	——	——	——	——	——
Purchase Commitments - Due Next Year	——	——	——	——	——
Purchase Obligation	——	——	——	——	——
Remainder of Fiscal Year 2024	——	——	——	——	——
Remainder of Fiscal Year 2025	——	——	——	——	——
Unrecorded Unconditional Purchase Obligation	——	——	——	——	——
Weighted-Average Discount Rate	——	——	——	——	——
Weighted-Average Discount Rate - Finance Leases	——	——	——	——	——

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Questions, answered.

Can Intuitive Machines, Inc. cover its short-term obligations?: Its current ratio is 1.22 — current assets exceed current liabilities.
Where does Intuitive Machines, Inc.'s balance sheet data come from?: Every line is extracted from Intuitive Machines, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.