Fundamental analysis · SEC EDGAR · TTM through 30/06/2026

Fundamental analysis of Intuitive Machines, Inc.

LUNR · Nasdaq · Industrial

Fundamental quality

REASONABLE

57

out of 100

Intuitive Machines, Inc. is in full growth mode but not yet profitable: revenue is growing strongly (64.5% 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 -26.6%). 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: 64.5%

II.Profitability
12

Net margin: -26.6%

III.Financial health
64

Net debt/EBITDA: 0.3x · FCF: -38.3%

Source: SEC EDGAR · TTM through 30/06/2026

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

Versus its sector

Percentile against the other 69 Industrial companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 0%
Growthbeats 96%
Cash generationbeats 2%
Less debtbeats 87%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

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

Intuitive Machines, Inc. strengths

  • Revenue growing strongly (64.5% annualized).
  • Low leverage (net debt of 0.3× EBITDA).

Intuitive Machines, Inc. risks and weaknesses

  • No profits over the last twelve months (negative EPS).
  • Losses over the last twelve months (net margin of -26.6%).
  • Negative free cash flow: the business burns cash.
  • Erratic free cash flow, with several years in the red.

Intuitive Machines, Inc. 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.

Latest results

Versus the same period a year earlier

Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):

  • Revenue+248.2%

What changed with the June 30, 2026 results

Compared with the previous close (March 31, 2026), this is what moved in its accounts:

  • Net margin-32.7%-26.6%
  • FCF margin-40.1%-38.3%
  • Revenue growth51.9%64.5%
  • Net debt/EBITDA-1.04×0.3×

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

This company doesn't pay a dividend: it reinvests all its earnings back into the business.

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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 (-26.6%).

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

Not particularly. Its net debt is 0.3 times its EBITDA, a low level.

Is Intuitive Machines, Inc. growing?

Its revenue has grown 64.5% 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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