Intuitive Machines Inc. Class A Common Stock (LUNR)

FairStock Score: 24/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn consistent profits, generate cash, and trade at sensible prices. Intuitive Machines does not yet fit that profile. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $203.4M and net income was -$46.4M. In fiscal Q1 2026, the quarter ended 2026-03-31, revenue was $183.6M and net income was -$37.4M. For FY2025, filed figures show revenue of $207.1M and net income of -$83.3M; FY2024 revenue was $228.0M with net income of -$283.4M; FY2023 revenue was $79.6M with net income of $61.8M. So the top line has expanded at times, but losses remain and the latest year turned negative after an earlier profit. FairStock classifies it as a TURNAROUND, meaning a loss in the latest year after earlier profits. Financial health is not fortress-like: trailing free cash flow is -$187.8M, FCF yield is -9.5%, Altman Z-Score is 1.22, Piotroski F-Score is 4/9, and debt-to-equity is 0.53. At the 2026-10-13 close, market cap was $2.0B and FairStock's P/E was -12.96; ROE was -30.77% and ROCE was -5.52%. There is no dividend, and beta is 1.85. Space infrastructure may have a future, but I see no proven durable moat or pricing power in these numbers. Growth without profits and cash flow is speculation, not value. I would want sustained positive earnings, free cash flow, and a more sensible price before calling this a bargain.

In plain English: Intuitive Machines is a space company that delivers payloads and data services to space and the moon. It is growing sales quickly but is still losing money and using more cash than it brings in. At its recent $12.18 close on October 13, 2026, the stock looks expensive compared with those losses, not cheap.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer