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Companies / Industrials / Intuitive Machines, Inc.
LUNR

Intuitive Machines, Inc.

IndustrialsMedical Instruments
Ticker LUNRHOUSTON, TXFiscal year ends DecemberBook value per share $-1.87Diluted shares 155.1M

Intuitive Machines, Inc. (Nasdaq: LUNR) is a space infrastructure and services company focused on enabling sustained infrastructure and human activity beyond Earth. The company operates through an integrated Build-Connect-Operate business model designed to transition space activity from episodic missions to… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$210.06M
−7.9% year over year
Last 12 mo $490.12M
-41.53%
−16.4 percentage points
Last 12 mo -27.51%
$-106.85M
+69.2% year over year
Last 12 mo $-184.98M
11.03%
−16.5 percentage points
Last 12 mo 44.92%
Cash & financing
$-14.32M
+75.1% year over year
Last 12 mo $-126.35M
$-55.95M
+17.4% year over year
Last 12 mo $-187.75M
-0.44
Was -0.00× a year earlier
Last 12 mo -1.16
115.4M
+88.0% year over year
Last 12 mo 155.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Intuitive Machines, Inc. does

In the company’s own words

Intuitive Machines, Inc. (Nasdaq: LUNR) is a space infrastructure and services company focused on enabling sustained infrastructure and human activity beyond Earth. The company operates through an integrated Build-Connect-Operate business model designed to transition space activity from episodic missions to long-duration operations and persistent presence across civil, national security, and commercial markets.

The Build segment encompasses the design, manufacture, integration, testing, and delivery of spacecraft, satellites, landers, surface systems, and related technologies operating in low Earth orbit, geostationary orbit, cislunar space, and deep space. The Connect segment integrates deployed spacecraft and systems into command, control, communications, navigation, and data relay networks enabling persistent connectivity. The Operate segment provides mission operations and infrastructure-as-a-service offerings including spacecraft operations, navigation and timing services, hosted payload data services, and autonomous system management.

Intuitive Machines was founded in 2013 and completed a business combination with Inflection Point Acquisition Corp. in February 2023. The company significantly expanded its capabilities through two major acquisitions: KinetX, Inc. in October 2025 and Lanteris Space Holdings LLC in January 2026. Lanteris, a world leader in commercial geostationary communication satellites with over three decades of on-orbit performance, substantially broadened the company's satellite manufacturing and commercial customer base.

As of December 31, 2025, the company employed 525 people, expanding to approximately 1,695 employees following the Lanteris acquisition. Operations span multiple U.S. locations including Houston, Texas; Glen Burnie, Maryland; Phoenix, Arizona; and California, with additional facilities in Colorado. The company serves U.S. government customers including NASA and the Department of Defense, commercial customers including Columbia Sportswear and Nokia, and international space agencies across Europe and Asia.

The company's total addressable market spans the full space value chain from Earth-based ground stations to deep-space missions. Intuitive Machines pursues a moon-first strategy, leveraging its flight-proven capability in precision landing, deep-space communications, navigation, and surface operations to establish a foundation for scalable space infrastructure. More information is available at www.intuitivemachines.com.

Company details
Sector
Industrials
Industry (SIC)
Medical Instruments
Headquarters
HOUSTON, TX
Fiscal year end
December
CIK
1844452
SIC
3812

Financial performance, year by year

Fiscal 2022–2025 · USD
$-430.63M$-179.51M$71.60M$322.71M$573.82M2022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Intuitive Machines, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

184
funds hold it
0 of 35
superinvestors hold it
$1.02B
held by funds, at market
22.6%
of shares held by funds
1
bond issues held by funds

Largest fund holders · Intuitive Machines, Inc.’s weight in each

Tema Space Innovators ETF
NASA · Tema ETF Trust
6.54%of fund net assets
2.08%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.09%of fund net assets
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Intuitive Machines, Inc.’s bonds, as funds hold them

Funds report holding 1 issues of Intuitive Machines, Inc.’s debt, $70.74M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 2.50%, maturing 2030 to 2030.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Intuitive Machines, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Intuitive Machines, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Intuitive Machines, Inc.'s last four quarterly filings that the numbers alone won't show?”
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