Filing Flows › Intuitive Machines (LUNR) › Q4 2024
Intuitive Machines (LUNR) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 25, 2025
Intuitive Machines (LUNR) reported revenue of $54.7M for the fourth quarter 2024 (Q4 2024), +79% from a year earlier and -7% from the quarter before. Operating margin was -24.5%, net loss $165M (302.1% of revenue).
Intuitive Machines, Q4 2024: revenue $54.7M (+79% year over year), operating margin -24.5%, net loss $165M, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $54.7M | -7% | +79% |
| Operating profit | −$13.4M | — | — |
| Net earnings | −$165M | — | — |
| Operating cash flow | −$2.0M | — | — |
What changed
Revenue was $54.7M in Q4 2024, up 79% year over year and down 7% from the previous quarter.
Operating costs exceeded revenue by $13.4M, an operating margin of -24.5%. Total costs grew 79% against revenue growth of 79%. The fastest-growing cost line was Other operating costs (+1994%). The quarter ended with a net loss of $165.1M, wider than the previous quarter's $80.4M loss. Minority interests bore $15.9M of it: to shareholders the quarter was a loss of $149.2M. Net interest and other expense of $151.8M was the main reason.
Operating cash flow was −$2.0M. Non-cash charges added back $540K of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $161.0M. Capital expenditures of $4.9M exceeded it, leaving free cash flow of −$6.9M.
Questions
What was Intuitive Machines' revenue in the fourth quarter 2024?
Intuitive Machines (LUNR) reported revenue of $54.7M for the fourth quarter 2024 (Q4 2024), +79% from a year earlier and -7% from the quarter before.
Was Intuitive Machines profitable in the fourth quarter 2024?
Operating loss was $13.4M (-24.5% of revenue) and net loss $165M.
Source: Intuitive Machines 10-K on SEC EDGAR.