Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Intuitive Machines, Inc.

LUNR · Nasdaq · Search, Detection, Navigation, Guidance, Aeronautical Sys

Fundamental quality

REASONABLE

57

out of 100

Intuitive Machines, Inc. is in full growth mode but not yet profitable: revenue is growing strongly (51.9% a year), but it doesn't translate into earnings yet. On fundamental quality it scores 57 out of 100, profiling it as a company of reasonable quality. Its weakest area is its profitability (net margin -32.7%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Intuitive Machines builds lunar landers and space services, with NASA as its dominant customer: it was the first private company to land on the Moon. Its business lives on U.S. lunar-program contracts.

What will shape its future

  • NASA contracts, on which it depends almost entirely: every award moves the stock.
  • The technical success of its missions: failed or partial lunar landings take a toll.
  • Budget continuity of the U.S. lunar program, its underlying political risk.

Breakdown by area

I.Growth
95

Revenue growth: 51.9%

II.Profitability
12

Net margin: -32.7%

III.Financial health
64

Net debt/EBITDA: -1.04x · FCF: -40.1%

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Strengths

  • Revenue growing strongly (51.9% annualized).
  • Net cash position: more cash than debt.

Risks and weaknesses

  • No profits over the last twelve months (negative EPS).
  • Losses over the last twelve months (net margin of -32.7%).
  • Negative free cash flow: the business burns cash.
  • Erratic free cash flow, with several years in the red.

Historical evolution

YearRevenueNet incomeFree cash flowNet debt
2022860-16-6
20238062-754
2024228-283-68-208
2025210-83-56-247

Between 2022 and 2025, revenue went from $86M to $210M (+144%) and net income went from $0M to -$83M (-43645%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

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Is Intuitive Machines, Inc. cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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Frequently asked questions

Is Intuitive Machines, Inc. a good company to invest in?

In terms of business quality, Intuitive Machines, Inc. scores 57 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Intuitive Machines, Inc. a profitable company?

Over the last twelve months, no: Intuitive Machines, Inc. posts a negative net margin (-32.7%).

Does Intuitive Machines, Inc. have a lot of debt?

No. Intuitive Machines, Inc. has a net cash position: more cash than debt.

Is Intuitive Machines, Inc. growing?

Its revenue has grown 51.9% annualized in recent years.

Does Intuitive Machines, Inc. generate cash?

Over the last twelve months its free cash flow was negative.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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