Intuitive Machines, Inc. (LUNR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q2'21 |
|---|
| Sales/Revenue | 186.73M | 44.78M | 52.44M | 50.31M | 62.52M | 55.05M | 58.48M | 41.41M | 73.07M | 30.56M | 12.73M | 17.99M | 18.24M | 37.99M | 10.27M | 19.22M | 18.47M | 21.43M | 19.29M | 15.91M |
| Revenue Growth % | 198.65% | -18.64% | -10.33% | 21.51% | -14.43% | 80.12% | 359.34% | 130.13% | 300.68% | -19.55% | 23.95% | -6.37% | -1.27% | 77.22% | -46.76% | 20.78% | 16.09% | - | - | - |
| Cost of Goods Sold | 113.91M | 31.24M | 41.03M | 62.16M | 49.58M | 17.59M | 54.36M | 57.1M | 61.33M | 29.1M | 26.49M | 22.48M | 23.13M | 20.82M | 17.29M | 17.66M | 19.74M | 39.87M | 18.11M | 21.28M |
| COGS % of Revenue | 61% | 69.76% | 78.25% | 123.54% | 79.29% | 31.95% | 92.95% | 137.9% | 83.93% | 95.21% | 208.1% | 124.94% | 126.82% | 54.82% | 168.29% | 91.9% | 106.89% | 185.99% | 93.86% | 133.77% |
| Gross Profit | 72.82M | 13.54M | 11.4M | -11.84M | 12.95M | 37.46M | 4.12M | -15.69M | 11.74M | 1.46M | -13.76M | -4.49M | -4.89M | 17.16M | -7.01M | 1.56M | -1.27M | -18.43M | 1.19M | -5.37M |
| Gross Margin % | 39% | 30.24% | 21.75% | -23.54% | 20.71% | 68.05% | 7.05% | -37.9% | 16.07% | 4.79% | -108.1% | -24.94% | -26.82% | 45.18% | -68.29% | 8.1% | -6.89% | -85.99% | 6.14% | -33.77% |
| Gross Profit Growth % | 462.42% | -63.85% | 176.73% | 24.54% | 10.25% | 2458.81% | 129.94% | -249.69% | 340.14% | -91.47% | -96.21% | -388.25% | -284.43% | 193.11% | -691.9% | 128.98% | 76.33% | - | - | - |
| Operating Expenses | 112.02M | 46.64M | 26.82M | 16.8M | 23.02M | 47.56M | 17.84M | 12.48M | 17.14M | 7.34M | 10.24M | 8.7M | 9.07M | 4.15M | 4.78M | 3.78M | 3.23M | 2.98M | 2.51M | 2.2M |
| OpEx % of Revenue | 59.99% | 104.14% | 51.15% | 33.38% | 36.82% | 86.4% | 30.52% | 30.14% | 23.46% | 24% | 80.45% | 48.32% | 49.75% | 10.93% | 46.57% | 19.65% | 17.48% | 13.91% | 13.02% | 13.83% |
| Selling, General & Admin | 50.67M | 40.18M | 20.27M | 16.05M | 16.13M | 11.74M | 12.32M | 12.06M | 17.14M | 5.94M | 9.91M | 8.38M | 8.78M | 3.86M | 4.51M | 3.52M | 2.98M | 2.98M | 2.3M | 2.01M |
| SG&A % of Revenue | 27.14% | 89.71% | 38.66% | 31.89% | 25.8% | 21.33% | 21.07% | 29.12% | 23.46% | 19.44% | 77.87% | 46.55% | 48.13% | 10.17% | 43.88% | 18.3% | 16.13% | 13.91% | 11.92% | 12.6% |
| Research & Development | 5.59M | 0 | 0 | 400K | 0 | 1.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | 2.99% | - | - | 0.8% | - | 2.54% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 352K | 1000K | 1000K | 1000K | 423K | 0 | 1000K | 329K | 319K | 296K | 289K | 276K | 259K | 248K | 0 | 213K | 195.5K |
| Operating Income | -39.2M | -33.09M | -15.42M | -28.64M | -10.08M | -10.1M | -13.72M | -28.17M | -5.4M | -5.87M | -24M | -13.18M | -13.96M | 13.01M | -11.8M | -2.22M | -4.5M | -21.41M | -1.33M | -7.57M |
| Operating Margin % | -20.99% | -73.9% | -29.4% | -56.92% | -16.12% | -18.34% | -23.47% | -68.04% | -7.39% | -19.21% | -188.55% | -73.27% | -76.57% | 34.25% | -114.86% | -11.55% | -24.36% | -99.9% | -6.88% | -47.6% |
| Operating Income Growth % | -289.01% | -227.74% | -12.35% | -1.65% | -86.61% | -71.97% | 42.83% | -113.71% | 61.33% | -145.14% | -103.48% | -494.1% | -210.29% | 160.75% | -789% | 70.7% | 40.59% | - | - | - |
| EBITDA | -26.15M | -31.69M | -14.6M | -27.89M | -9.45M | -9.56M | -13.24M | -27.75M | -286K | -5.44M | -23.68M | -12.86M | -13.67M | 13.3M | -11.52M | -1.96M | -4.25M | -21.18M | -1.11M | -7.38M |
| EBITDA Margin % | -14.01% | -70.76% | -27.85% | -55.43% | -15.12% | -17.36% | -22.64% | -67.02% | -0.39% | -17.8% | -185.96% | -71.49% | -74.95% | 35.01% | -112.17% | -10.2% | -23.02% | -98.8% | -5.77% | -46.37% |
| EBITDA Growth % | -176.63% | -231.53% | -10.29% | -0.49% | -3205.59% | -75.7% | 44.07% | -115.73% | 97.91% | -140.91% | -105.49% | -556.33% | -221.43% | 162.79% | -934.2% | 73.44% | 42.37% | - | - | - |
| D&A (Non-Cash Add-back) | 13.05M | 1.41M | 815K | 752K | 623K | 540K | 482K | 423K | 5.11M | 432K | 329K | 319K | 296K | 289K | 276K | 259K | 248K | 236K | 213K | 195.5K |
| EBIT | -39.2M | -33.09M | -8.61M | -28.64M | -10.08M | -13.4M | -8.68M | -28.17M | -120.64M | 4.39M | 15.14M | 15.52M | -19.95M | 13.01M | -11.8M | -2.22M | -4.5M | -20.89M | -1.33M | -7.57M |
| Net Interest Income | -3.45M | 2.79M | 3.49M | 3.43M | 1.39M | 149K | 31K | 20K | -20K | -42K | -228K | -274K | -279K | -313K | -270K | -127K | -126K | -129K | -100K | 0 |
| Interest Income | 1.43M | 5.52M | 4.83M | 3.43M | 1.39M | 149K | 31K | 20K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 4.88M | 2.73M | 1.34M | 0 | 0 | 0 | 0 | 0 | 20K | 42K | 228K | 274K | 279K | 313K | 270K | 127K | 126K | 129K | 100K | 0 |
| Other Income/Expense | -13.32M | -22.6M | 5.46M | -9.57M | 11.05M | -155.05M | -66.64M | 44.16M | -115.26M | 10.22M | 38.92M | 28.43M | -6.27M | -584K | -515K | 19K | 159K | 399K | -101K | 972K |
| Pretax Income | -52.53M | -55.7M | -9.96M | -38.21M | 975K | -165.15M | -80.36M | 15.98M | -120.66M | 4.34M | 14.92M | 15.25M | -20.23M | 12.43M | -12.31M | -2.2M | -4.34M | -21.01M | -1.43M | -6.6M |
| Pretax Margin % | -28.13% | -124.37% | -18.98% | -75.94% | 1.56% | -300.02% | -137.42% | 38.59% | -165.13% | 14.21% | 117.16% | 84.75% | -110.95% | 32.71% | -119.87% | -11.45% | -23.5% | -98.04% | -7.4% | -41.49% |
| Income Tax | -2K | 3.96M | -5K | 0 | 0 | -13K | 50K | 0 | 0 | -252K | 605K | -3.53M | 3.21M | 2K | -380K | 354K | 1K | -8K | 6K | 2K |
| Effective Tax Rate % | 0% | -7.1% | 0.05% | 0% | 0% | 0.01% | -0.06% | 0% | 0% | -5.8% | 4.06% | -23.14% | -15.89% | 0.02% | 3.09% | -16.09% | -0.02% | 0.04% | -0.42% | -0.03% |
| Net Income | -37.55M | -40.03M | -6.84M | -38.59M | -11.4M | -148.71M | -55.54M | 18.28M | -98.34M | 8.99M | 33.3M | 29.52M | -9.36M | 12.42M | -11.93M | -2.55M | -4.34M | -21.01M | -1.43M | -6.6M |
| Net Margin % | -20.11% | -89.39% | -13.05% | -76.7% | -18.23% | -270.15% | -94.98% | 44.15% | -134.58% | 29.42% | 261.59% | 164.07% | -51.33% | 32.7% | -116.17% | -13.29% | -23.51% | -98% | -7.43% | -41.51% |
| Net Income Growth % | -229.49% | 73.08% | 87.68% | -311.1% | 88.41% | -1753.79% | -266.78% | -38.08% | -950.61% | -27.62% | 379.11% | 1255.87% | -115.57% | 159.14% | -732.08% | 61.33% | 34.25% | - | - | - |
| Net Income (Continuing) | -52.52M | -59.66M | -9.95M | -38.21M | 975K | -165.13M | -80.41M | 15.98M | -120.66M | 4.6M | 14.31M | 18.78M | -23.45M | 12.42M | -11.93M | -2.55M | -4.34M | -21.01M | -1.43M | -6.6M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 346K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.06B | 951.54M | 641.55M | 665.8M | 458.39M | 1.01B | 486.43M | 218.95M | 444.15M | 181.66M | 258.73M | 578.63M | 736.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.25 | -0.34 | -0.06 | -0.24 | -0.11 | -1.72 | -0.69 | 0.29 | -2.70 | 0.39 | 1.26 | 1.49 | -0.64 | -0.35 | 0.01 | -0.02 | -0.24 | -0.17 | -0.00 | -0.00 |
| EPS Growth % | -127.27% | 80.23% | 91.39% | -182.76% | 95.93% | -541.03% | -154.76% | -80.54% | -321.88% | 211.43% | - | 7263.46% | -166.67% | -105.88% | - | - | - | - | - | - |
| EPS (Basic) | -0.25 | -0.34 | -0.06 | -0.24 | -0.11 | -1.72 | -0.69 | 0.33 | -2.70 | 0.39 | 1.89 | 1.84 | -0.64 | -0.35 | 0.01 | -0.02 | -0.24 | -0.17 | -0.00 | -0.00 |
| Diluted Shares Outstanding | 147.88M | 119.33M | 117.82M | 107.08M | 107.08M | 61.41M | 80.1M | 62.28M | 36.61M | 21.03M | 26.13M | 19.38M | 15.22M | 18.07M | 18.07M | 18.07M | 18.07M | 18.07M | 18.07M | 18.07M |
| Basic Shares Outstanding | 147.88M | 119.33M | 117.82M | 107.08M | 107.08M | 61.41M | 80.1M | 55.09M | 36.61M | 21.03M | 17.41M | 15.71M | 15.22M | 18.07M | 18.07M | 18.07M | 18.07M | 18.07M | 18.07M | 18.07M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | 11.08% | - | - | - | - | - | - | - | - | - |