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Segments

By segment

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Reportable Segment$13.05M+1,994%

Other financials

Income statement

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Revenue$186.7M+199%
Gross profit-$15.5M-244%
Operating income-$39.2M-289%
Net income-$37.4M-228%
EPS (diluted)-$0.25-127%

Balance sheet

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Cash & equivalents$243.4M-35.2%
Total debt$426.4M+1,041%
Total equity-$334.3M-144%
Total assets$1.7B+244%

Cash flow

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Operating cash flow-$54.8M-382%
CapEx$9.9M+61.3%
Free cash flow-$64.6M-586%

Valuation

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Market cap$2.4B+94.4%
Enterprise value$2.58B+180%
P/S7.2×+1.7×

Profitability

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Gross margin-10.2%-12.5pp
Operating margin-34.8%+7.1pp
Net margin-32.7%-12.8pp
FCF margin-40.1%+286pp

Returns & leverage

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Return on equity46.4%
Debt / equity-1.3×
Current ratio1.2×-3.2×

Where this comes from

Reported directly by Intuitive Machines, Inc. in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: Intuitive Machines, Inc.’s 10-Q, filed May 15, 2026.

Filed
May 14, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-035236
Line itemThree Months Ended March 31, 20262025
Cost of service revenue (excluding depreciation and amortization)33,66048,925
Cost of grant revenue (excluding depreciation and amortization)3,101
Cost of service revenue (excluding depreciation and amortization) - affiliated companies5,9496,922
Depreciation and amortization13,048623
Research and development5,589911
General and administrative expense (excluding depreciation and amortization)50,67115,220
Total operating expenses225,93172,601
Operating loss(39,201)(10,077)

Item 1. Financial Statements

FAQ

What is Intuitive Machines, Inc.'s D&A?
Intuitive Machines, Inc. (LUNR) reported D&A of $13.05M in Q1 2026.
How has Intuitive Machines, Inc.'s D&A changed year-over-year?
Intuitive Machines, Inc.'s D&A increased by 1994.4% year-over-year, from $623K to $13.05M.
What is the long-term trend for Intuitive Machines, Inc.'s D&A?
Over 3 years (2022 to 2025), Intuitive Machines, Inc.'s D&A has grown at a 49.7% compound annual growth rate (CAGR), from $1.07M to $3.6M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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