Intuitive Machines Inc.
NASDAQ: LUNR · INDUSTRIALS · AEROSPACE & DEFENSE
Updated 2026-06-15
Intuitive Machines Inc. (LUNR) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | $38.04M | $43.45M | $67.00M | $85.93M | $355.40M | $757.15M |
| Cash & equivalents | $23.93M | $29.29M | $25.76M | $4.56M | $207.61M | $582.61M |
| Current assets | $32.41M | $35.77M | $40.99M | $30.63M | $293.16M | $618.81M |
| Total liabilities | $53.05M | $95.29M | $124.62M | $137.50M | $351.48M | $553.45M |
| Current liabilities | $47.05M | $68.42M | $95.18M | $81.53M | $98.83M | $124.83M |
| Long-term debt | $586000.00 | — | $3.86M | — | — | $335.33M |
| Shareholder equity | $-16.36M | $-51.84M | $-57.62M | $-233.23M | $-1.00B | $-748.35M |
| Retained earnings | $-30.53M | $-66.18M | $-72.59M | $-248.62M | $-996.45M | $-721.46M |
| Accounts receivable | $7.97M | $3.43M | $1.65M | $23.03M | $62.87M | $24.43M |
| Inventory | $62000.00 | $62000.00 | $6.70M | $-3.62M | — | — |
| Goodwill | — | — | — | — | $0.00 | $18.70M |
Frequently asked questions
What is Intuitive Machines Inc. 's revenue?
Intuitive Machines Inc. 's trailing twelve-month revenue is $334.26M, and consensus projects about $2.31T by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is LUNR?
In its most recent fiscal year, LUNR ran a gross margin of 15.62%, an operating margin of -41.53%, and a net margin of -39.65%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does LUNR generate?
LUNR produced $-56.02M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is LUNR's balance sheet healthy?
LUNR holds $582.61M in cash and equivalents against $335.33M in long-term debt, on $-748.35M of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.