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Segments

By segment

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Reportable Segment$186.73M+199%

By product

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Service revenue$42.08M-32.7%

Other financials

Income statement

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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:Revenues.

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
Product revenue$141,554
Service revenue42,07662,524
Grant revenue3,100
Total revenues186,73062,524
Operating expenses:
Cost of product revenue (excluding depreciation and amortization)113,913
Cost of service revenue (excluding depreciation and amortization)33,66048,925
Cost of grant revenue (excluding depreciation and amortization)3,101

Item 1. Financial Statements

FAQ

What is Intuitive Machines, Inc.'s total revenue?
Intuitive Machines, Inc. (LUNR) reported total revenue of $186.73M in Q1 2026.
How has Intuitive Machines, Inc.'s total revenue changed year-over-year?
Intuitive Machines, Inc.'s total revenue increased by 198.7% year-over-year, from $62.52M to $186.73M.
What is the long-term trend for Intuitive Machines, Inc.'s total revenue?
Over 3 years (2022 to 2025), Intuitive Machines, Inc.'s total revenue has grown at a 34.1% compound annual growth rate (CAGR), from $87.11M to $210.06M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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