Intuitive Machines, Inc. (LUNR) Revenue History
Annual and quarterly revenue from 2020 to present
LUNR Revenue Over Time (2020–2025)
LUNR Revenue Growth History
3 of 5 years with positive growth- FY2020 revenue growth
- N/A
- FY2021 revenue growth
- +63.9%
- FY2022 revenue growth
- +18.5%
- FY2023 revenue growth
- -7.5%
- FY2024 revenue growth
- +186.7%
- FY2025 revenue growth
- -7.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $186.7M | +198.7% |
| Q4 2025 | $44.8M | -18.6% |
| Q3 2025 | $52.4M | -10.3% |
| Q2 2025 | $50.3M | +21.5% |
| Q1 2025 | $62.5M | -14.4% |
| Q4 2024 | $55.0M | +80.1% |
| Q3 2024 | $58.5M | +359.3% |
| Q2 2024 | $41.4M | +130.1% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
LUNR's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
LUNR Revenue Analysis (2020–2025)
Current Revenue & Growth
As of June 21, 2026, Intuitive Machines, Inc. (LUNR) generated trailing twelve-month (TTM) revenue of $334.3 million, reflecting explosive growth of +198.7% year-over-year. The most recent quarter (Q1 2026) recorded $186.7 million in revenue, up 316.9% sequentially.
Historical Growth Trajectory
LUNR's 5-year compound annual growth rate (CAGR) stands at +36.5%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +34.7% is below the 5-year average, signalling a growth deceleration in recent years. Intuitive Machines, Inc.'s highest annual revenue of $228.0 million was recorded in 2024.
Revenue by Segment
LUNR's revenue is primarily driven by Reportable Segment (100%). With over half of revenue concentrated in Reportable Segment, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Industrials sector peers — including RDW (+33.6% YoY), MNTS (+108.2% YoY), and ASTS (+1732.1% YoY) — LUNR has underperformed the peer group in revenue growth. Compare LUNR vs RDW →
LUNR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LUNRCurrent | $334M | +198.7% | +36.5% | -41.5% | |
 RDW | $335M | +33.6% | +42.3% | -68.5% | |
 MNTS | $1M | +108.2% | +24.9% | -2455.4% | |
 ASTS | $71M | +1732.1% | +64.1% | -405.7% | |
 SPIR | $72M | -36.2% | +20.2% | -121.4% | |
 RKLB | $602M | +45.8% | +76.5% | -38.0% |
LUNR Historical Revenue Data (2020–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $210.1M | -7.9% | $32.8M | 15.6% | $-87,231,000 | -41.5% |
| 2024 | $228.0M | +186.7% | $37.6M | 16.5% | $-57,396,000 | -25.2% |
| 2023 | $79.5M | -7.5% | $-20,951,000 | -26.3% | $-56,237,000 | -70.7% |
| 2022 | $85.9M | +18.5% | $10.4M | 12.1% | $-5,507,000 | -6.4% |
| 2021 | $72.5M | +63.9% | $-27,757,000 | -38.3% | $-37,888,000 | -52.2% |
| 2020 | $44.3M | - | $1.7M | 3.8% | $-4,393,000 | -9.9% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
6+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
LUNR — Frequently Asked Questions
Quick answers to the most common questions about buying LUNR stock.
Is LUNR's revenue growth accelerating or slowing?
LUNR revenue growth is accelerating. TTM revenue reached $334M, up +198.7% year-over-year — ahead of the 5-year CAGR of +36.5%. This indicates the business is expanding faster than its historical baseline.
What is LUNR's revenue history from 2020 to 2026?
Intuitive Machines, Inc. (LUNR) revenue history spans 2020 to 2026. TTM revenue as of 2026 is $334M, growing at +198.7% YoY. The 5-year CAGR is +36.5%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is LUNR's long-term revenue growth rate (CAGR)?
Intuitive Machines, Inc.'s 5-year revenue CAGR of +36.5% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +198.7% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for LUNR.
Why does LUNR's quarterly revenue fluctuate?
LUNR quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Intuitive Machines, Inc.'s revenue data from 2020 to 2026 shows full historical quarterly detail on this page.
How is LUNR's revenue distributed by segment?
LUNR reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does LUNR's revenue compare to industry peers?
Intuitive Machines, Inc. (LUNR) with TTM revenue of $334M and +198.7% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.