Intuitive Machines, Inc. (LUNR)
Nasdaq · Search, Detection, Navigation, Guidance, Aeronautical Sys · Manufacturing · CIK 1844452 · fiscal year ends in Dec
Closing price $11.69 on 29 Oct 2026; 52-week range $8.05 to $45.70.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $490.1M
- Revenue growth
- 116.5%
- Net income, last twelve months
- -$130.5M
- Earnings per share
- -$0.94
- Operating margin
- -27.5%
- Net margin
- -26.6%
- Free cash flow
- -$187.8M
- Market value
- $1.9B
- Cash
- $367.4M
- Debt
- $336.4M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $210.1M | -$87.2M | -$83.3M | -$0.73 | -$56.0M | 10-K filed 19 Mar 2026 |
| FY2024 | 31 Dec 2024 | $228.0M | -$57.4M | -$283.4M | -$4.63 | -$67.7M | 10-K filed 19 Mar 2026 |
| FY2023 | 31 Dec 2023 | $79.5M | -$61.1M | $61.8M | $2.46 | -$75.2M | 10-K filed 25 Mar 2024 |
| FY2022 | 31 Dec 2022 | $85.9M | -$5.5M | $0 | – | -$15.6M | 10-K filed 25 Mar 2024 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $206.2M | -$46.4M | -$0.29 |
| Q1 FY2026 | 31 Mar 2026 | $186.7M | -$37.4M | -$0.25 |
| Q4 FY2025 | 31 Dec 2025 | $44.8M | -$39.9M | -$0.34 |
| Q3 FY2025 | 30 Sep 2025 | $52.4M | -$6.8M | -$0.06 |
| Q2 FY2025 | 30 Jun 2025 | $50.3M | -$25.2M | -$0.22 |
| Q1 FY2025 | 31 Mar 2025 | $62.5M | -$11.4M | -$0.11 |
| Q4 FY2024 | 31 Dec 2024 | $55.0M | -$148.0M | -$1.39 |
| Q3 FY2024 | 30 Sep 2024 | $58.5M | -$55.4M | -$0.83 |
Company events
The newest 8-K filings of 59 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 22 Oct 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 13 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 3 Aug 2026 | 8-K | Material agreement, Investor update, Other events | 1.01, 7.01, 8.01, 9.01 |
| 8 Jun 2026 | 8-K | Shareholder vote | 5.07 |
| 3 Jun 2026 | 8-K | Material agreement | 1.01, 9.01 |
| 14 May 2026 | 8-K | Results | 2.02, 9.01 |
| 19 Mar 2026 | 8-K | Results | 2.02, 9.01 |
| 27 Feb 2026 | 8-K | Material agreement | 1.01, 9.01 |
| 25 Feb 2026 | 8-K | Material agreement, Share sale, Investor update | 1.01, 3.02, 7.01, 9.01 |
| 11 Feb 2026 | 8-K | Leadership change | 5.02 |
| 13 Jan 2026 | 8-K | Deal completed, Material agreement, New debt, Share sale, Investor update | 1.01, 2.01, 2.03, 3.02, 7.01, 9.01 |
| 4 Nov 2025 | 8-K | Results, Material agreement, Share sale, Investor update | 1.01, 2.02, 3.02, 7.01, 9.01 |
Every filing
The newest filings with the SEC of 186 held.
| Filed | Form | Period |
|---|---|---|
| 22 Oct 2026 | 8-K | 21 Oct 2026 |
| 13 Aug 2026 | 10-Q | 30 Jun 2026 |
| 13 Aug 2026 | 8-K | 13 Aug 2026 |
| 3 Aug 2026 | 8-K | 3 Aug 2026 |
| 8 Jun 2026 | 8-K | 8 Jun 2026 |
| 3 Jun 2026 | 8-K | 2 Jun 2026 |
| 3 Jun 2026 | S-3ASR | – |
| 15 May 2026 | 10-Q | 31 Mar 2026 |
| 14 May 2026 | 8-K | 14 May 2026 |
| 24 Apr 2026 | ARS | 31 Dec 2025 |
| 24 Apr 2026 | DEFA14A | – |
| 24 Apr 2026 | DEF 14A | 24 Apr 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 21 Sep 2026 | Crain Timothy Price Ii, SVP & Chief Technology Officer | Sale under a trading plan | 50,000 | $15.05 | $752.5K | 351,279 | 22 Sep 2026 |
| 18 Sep 2026 | Crain Timothy Price Ii, SVP & Chief Technology Officer | Sale under a trading plan | 98,500 | $13.97 | $1.4M | 352,779 | 22 Sep 2026 |
| 18 Sep 2026 | Crain Timothy Price Ii, SVP & Chief Technology Officer | Sale under a trading plan | 1,500 | $14.85 | $22.3K | 351,279 | 22 Sep 2026 |
| 9 Sep 2026 | Ghaffarian Kamal Seyed, Director | Sale under a trading plan | 1,698 | $16.00 | $27.2K | 3,494,768 | 10 Sep 2026 |
| 8 Sep 2026 | Ghaffarian Kamal Seyed, Director | Sale under a trading plan | 93,105 | $15.39 | $1.4M | 3,496,270 | 10 Sep 2026 |
| 8 Sep 2026 | Ghaffarian Kamal Seyed, Director | Sale under a trading plan | 1,501 | $15.76 | $23.7K | 3,494,768 | 10 Sep 2026 |
| 27 Aug 2026 | Vontur Steven, See Remarks | Sale outside a trading plan | 3,050 | $16.13 | $49.2K | 113,997 | 28 Aug 2026 |
| 24 Aug 2026 | Ghaffarian Kamal Seyed, Director | Sale under a trading plan | 139,772 | $16.86 | $2.4M | 3,496,905 | 26 Aug 2026 |
| 24 Aug 2026 | Ghaffarian Kamal Seyed, Director | Sale under a trading plan | 2,137 | $17.68 | $37.8K | 3,494,768 | 26 Aug 2026 |
| 10 Aug 2026 | Ghaffarian Kamal Seyed, Director | Sale under a trading plan | 248,784 | $16.13 | $4.0M | 3,513,432 | 12 Aug 2026 |
| 10 Aug 2026 | Ghaffarian Kamal Seyed, Director | Sale under a trading plan | 18,664 | $16.68 | $311.4K | 3,494,768 | 12 Aug 2026 |
| 28 Jul 2026 | Advent International, L.P., 10% owner | Sale outside a trading plan | 11,495,514 | $12.84 | $147.6M | 11,495,514 | 29 Jul 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 18 Sep 2026 | Timothy Price Crain, II, Officer | 150,000 | $2.2M | 18 Sep 2026 |
| 27 Aug 2026 | Vontur Steven, Officer | 3,050 | $49.2K | 27 Aug 2026 |
| 29 Jun 2026 | Ghaffarian Enterprises, LLC, Affiliate | 851,454 | $16.9M | 29 Jun 2026 |
| 18 Jun 2026 | Timothy Price Crain, II, Officer | 150,000 | $3.4M | 18 Jun 2026 |
| 8 Jun 2026 | Liquori William John Jr, Director | 18,321 | $547.3K | 8 Jun 2026 |
| 18 May 2026 | MICHAEL BLITZER, Board Member | 1,608,000 | $54.0M | 18 May 2026 |
| 16 Apr 2026 | McGrath Peter, Officer | 50,095 | $1.0M | 16 Apr 2026 |
| 15 Apr 2026 | Jones Anna Chiara, Officer | 4,911 | $115.9K | 15 Apr 2026 |
| 15 Apr 2026 | Crain Timothy Price II, Officer | 8,447 | $199.4K | 15 Apr 2026 |
| 15 Apr 2026 | Altemus Stephen J, Officer, Director | 13,751 | $324.6K | 15 Apr 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 19 Oct 2026 | BANK OF NOVA SCOTIA | 13G amended | 3.22% | 5.7M |
| 6 Aug 2026 | Voya Financial, Inc. | 13G amended | 4.7% | 7.5M |
| 28 Jul 2026 | BlackRock, Inc. | 13G amended | 6.9% | 11.1M |
| 15 Jul 2026 | BANK OF NOVA SCOTIA | 13G | 5.6% | 9.2M |
| 7 Jul 2026 | Kamal Seyed Ghaffarian | 13D amended | 19.7% | 38.4M |
| 1 Jul 2026 | Kamal Seyed Ghaffarian | 13D amended | 19.7% | 38.4M |
| 15 May 2026 | G1 Execution Services, LLC | 13G amended | 3.1% | 5.0M |
| 5 May 2026 | Voya Financial, Inc. | 13G | 5.4% | 8.7M |
| 27 Apr 2026 | BlackRock, Inc. | 13G amended | 5.9% | 9.4M |
| 27 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 38.0M | +4.51% | 4.39 |
| 30 Sep 2026 | 36.4M | +0.21% | 4.27 |
| 15 Sep 2026 | 36.3M | +2.26% | 6.25 |
| 31 Aug 2026 | 35.5M | -0.03% | 4.43 |
| 14 Aug 2026 | 35.5M | -0.16% | 2.86 |
| 31 Jul 2026 | 35.6M | -5.79% | 4.12 |
| 15 Jul 2026 | 37.8M | +10.98% | 3.83 |
| 30 Jun 2026 | 34.0M | -10.05% | 2.63 |
Funds that hold it
From each fund's latest Form 13F.
373 funds held it at 30 Jun 2026: 208 added and 70 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Advent International, L.P. | 22,991,028 | $491.8M | +22,991,028 |
| BlackRock, Inc. | 12,235,626 | $261.7M | +2,225,738 |
| State Street Corp. | 9,962,216 | $213.1M | +1,974,702 |
| Mirae Asset Global Investments Co., Ltd. | 6,822,991 | $145.9M | +6,822,991 |
| Vanguard Capital Management LLC | 6,180,117 | $132.2M | +943,156 |
| Two Sigma Investments, LP | 5,752,300 | $123.0M | +4,846,745 |
| D. E. Shaw & Co., Inc. | 4,988,251 | $106.7M | -1,174,560 |
| Vanguard Portfolio Management LLC | 4,016,660 | $85.9M | +3,095,183 |
| Van Eck Associates Corp. | 3,845,950 | $82.3M | +1,193,006 |
| Renaissance Technologies LLC | 3,723,200 | $79.6M | +1,789,200 |
Peers
Companies in the same industry.
- Northrop Grumman Corp. (NOC): revenue $43.6B, market value $79.9B
- Garmin Ltd. (GRMN): revenue $7.9B, market value $54.0B
- L3Harris Technologies, Inc. (LHX): revenue $23.3B, market value $51.9B
- Teledyne Technologies Inc. (TDY): revenue $6.5B, market value $31.3B
- Leonardo Drs, Inc. (DRS): revenue $3.9B, market value $10.6B
- Nextnav Inc. (NN): revenue $4.0M, market value $2.0B