Intuitive Machines, Inc. (LUNR) quarterly cash flow statement — complete operating, investing & financing history
Intuitive Machines, Inc. (LUNR) cash flow statement — 6-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | -59.8M | -54.77M | -7.29M | -7.18M | -19.26M | 19.42M | -1.97M | -17.92M | -31.26M | -6.44M | -22.35M | -7.16M | 2.89M | -18.67M | 29.14M | -17.22M | 12.9M | -24.04M | -15.64M | -15.74M |
| Operating CF Margin % | -29.01% | -29.33% | -16.29% | -13.69% | -38.29% | 31.06% | -3.57% | -30.64% | -75.49% | -8.82% | -73.12% | -56.23% | 16.07% | -102.36% | 76.72% | -167.64% | 67.15% | -130.17% | -72.97% | -81.57% |
| Operating CF Growth % | -210.45% | -382.03% | -271.25% | 59.94% | 38.38% | 401.44% | 91.21% | -150.31% | -1180.91% | 65.49% | -176.68% | 58.42% | -77.59% | 22.37% | 286.32% | -9.4% | 283.9% | -242.65% | - | - |
| Net Income | -62.84M | -52.53M | -59.66M | -9.96M | -38.21M | 975K | -165.13M | -80.41M | 16.66M | -118.03M | 4.6M | 11.83M | 18.78M | -23.45M | 12.42M | -11.93M | -2.55M | -4.34M | -21.01M | -1.43M |
| Depreciation & Amortization | 14.93M | 13.05M | 1.41M | 815K | 752K | 623K | 540K | 482K | 423K | 414K | 432K | 329K | 319K | 296K | 289K | 276K | 259K | 248K | 236K | 213K |
| Stock-Based Compensation | 10.49M | 8.84M | 1.83M | 1.42M | 2.52M | 2.84M | 1.62M | 1.28M | 1.97M | 3.93M | 1.52M | 1.56M | 985K | 207K | 239K | 145K | 124K | 116K | 0 | 149K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 11.14M | 8.65M | 33.48M | -1.71M | 13.15M | -9.44M | 152.32M | 72.01M | -44.78M | 116.9M | -9.37M | -40.52M | -29.2M | 6.66M | 272K | 261K | -151K | -279K | -16.03M | 1.11M |
| Working Capital Changes | -33.52M | -32.78M | 15.64M | 2.26M | 2.52M | 24.42M | 8.69M | -11.29M | -5.53M | -9.65M | -19.53M | 19.64M | 12.01M | -2.38M | 15.92M | -5.97M | 15.23M | -19.79M | 21.16M | -15.78M |
| Change in Receivables | -14.65M | -3.68M | 7.05M | 11.48M | 5.7M | 28.5M | -6.47M | -27.3M | 10.7M | -33.36M | -18.91M | 3.48M | 6.91M | -5.73M | 19.93M | 4.24M | -18.74M | -8.48M | 0 | -15.64M |
| Change in Inventory | -2.07M | -1.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -26.09M | 27.16M | 1.34M | -6.33M | -5.78M | 7.64M | -6.7M | -4.68M | -26.7M | 33.81M | 9.53M | -5.37M | 6.77M | 7.16M | -2.02M | -8.49M | 13.95M | 212K | 0 | 0 |
| Cash from Investing | -26.35M | -454.65M | -30.59M | -11.81M | -8.05M | -6.12M | -4.93M | -1.39M | -2.21M | -1.59M | -2.24M | -7.47M | -11.63M | -8.56M | -4.25M | -6.75M | -5.03M | -377K | 296.82M | -2.48M |
| Capital Expenditures | -24.07M | -9.88M | -15.65M | -11.81M | -8.05M | -6.12M | -4.93M | -1.39M | -2.21M | -1.59M | -2.24M | -7.47M | -11.63M | -8.56M | -4.25M | -6.75M | -5.03M | -377K | -3.18M | -2.48M |
| CapEx % of Revenue | 11.67% | 5.29% | 34.94% | 22.52% | 16.01% | 9.79% | 8.95% | 2.38% | 5.33% | 2.17% | 7.34% | 58.66% | 64.66% | 46.97% | 11.2% | 65.67% | 26.16% | 2.04% | 14.82% | 12.88% |
| Acquisitions | -2.28M | -444.78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | -14.95M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 221.81M | 167.45M | -790K | 296.06M | -1.03M | 152.35M | 124.89M | 77.29M | 9.85M | 60.75M | -11.56M | 16.19M | 1.03M | 48.27M | -8.07M | 12.32M | 3.67M | 4.19M | -276.46M | 20.05M |
| Debt Issued (Net) | 0 | 0 | 0 | 335.51M | 0 | 0 | 0 | -3M | -5M | 0 | -12M | 0 | 0 | 0 | -8.08M | 12.32M | 3.67M | -64K | 25.3M | 0 |
| Equity Issued (Net) | 238.77M | 167.45M | 0 | 0 | 0 | -20.7M | -238K | 0 | 18.39M | 10M | 0 | 0 | 0 | 26.02M | 0 | 0 | 0 | 0 | -301.75M | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.69M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -20.7M | -238K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -16.96M | -1K | -790K | -39.45M | -1.03M | 173.05M | 125.13M | 80.29M | -3.53M | 50.75M | 435K | 19.88M | 1.03M | 22.25M | 6K | 0 | 0 | 4.25M | 0 | 20.05M |
| Net Change in Cash | 135.66M | -341.97M | -38.68M | 277.07M | -28.35M | 165.65M | 118M | 57.97M | -23.61M | 52.72M | -36.15M | 1.56M | -7.71M | 21.04M | 16.81M | -11.64M | 11.54M | -20.23M | 28.71M | 1.83M |
| Free Cash Flow | -83.87M | -64.64M | -23M | -18.99M | -27.32M | 13.3M | -6.89M | -19.31M | -33.47M | -8.03M | -24.59M | -14.63M | -8.74M | -27.23M | 24.89M | -23.96M | 7.88M | -24.42M | -18.82M | -18.22M |
| FCF Margin % | -40.68% | -34.62% | -51.37% | -36.21% | -54.29% | 21.27% | -12.52% | -33.02% | -80.82% | -10.99% | -80.46% | -114.89% | -48.59% | -149.33% | 65.51% | -233.31% | 40.98% | -132.21% | -87.78% | -94.45% |
| FCF Growth % | -207.01% | -586.15% | -233.84% | 1.67% | 18.37% | 265.59% | 71.98% | -32.03% | -282.76% | 70.51% | -198.8% | 38.96% | -211.01% | -11.51% | 232.26% | -31.5% | 210.62% | -242.99% | - | - |
| FCF per Share | -0.52 | -0.44 | -0.19 | -0.16 | -0.26 | 0.12 | -0.11 | -0.24 | -0.54 | -0.22 | -1.17 | -0.56 | -0.45 | -1.79 | 1.38 | -1.33 | 0.44 | -1.35 | -1.04 | -1.01 |
| FCF Conversion (FCF/Net Income) | 1.29x | 1.46x | 0.18x | 1.05x | 0.50x | -1.70x | 0.01x | 0.32x | -1.71x | 0.07x | -2.49x | -0.21x | 0.10x | 1.99x | 2.35x | 1.44x | -5.05x | 5.54x | 0.74x | 10.97x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 408K | 37K | 0 | 212K | 496K | 451K | 508K | 464K | 407K | 353K | 0 | 158K | 0 | 0 |
| Taxes Paid | 0 | 0 | 30K | 5K | -66K | 66K | 0 | 3K | 0 | 0 | -1K | 2K | 25K | 9K | -355K | 0 | 0 | 8K | 0 | 0 |