Intuitive Machines annual operating expenses
2021
2022
2023
2024
2025
Intuitive Machines Operating Expenses Growth & History (LUNR)
Intuitive Machines's operating expenses was $93.3M for fiscal 2025.
View full Intuitive Machines company overviewIntuitive Machines annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $93.3M | −$192.1M | −67.31% |
| 2024 | 2024-12-31 | $285.4M | $144.7M | +102.88% |
| 2023 | 2023-12-31 | $140.7M | $49.2M | +53.82% |
| 2022 | 2022-12-31 | $91.5M | $91.0M | +18512.94% |
| 2021 | 2021-12-31 | $491,341 | — | — |
Intuitive Machines quarterly operating expenses
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $80.2M | $1.3M | +1.64% |
| Q1 2026 | 2026-03-31 | $66.2M | −$6.4M | −8.81% |
| Q4 2025 | 2025-12-31 | $40.1M | −$28.0M | −41.07% |
| Q3 2025 | 2025-09-30 | $19.6M | −$52.6M | −72.80% |
| Q2 2025 | 2025-06-30 | $79.0M | $9.8M | +14.19% |
| Q1 2025 | 2025-03-31 | $72.6M | −$3.4M | −4.46% |
| Q4 2024 | 2024-12-31 | $68.1M | $30.0M | +78.72% |
| Q3 2024 | 2024-09-30 | $72.2M | $35.5M | +96.55% |
| Q2 2024 | 2024-06-30 | $69.1M | $37.0M | +114.98% |
| Q1 2024 | 2024-03-31 | $76.0M | $42.3M | +125.56% |
| Q4 2023 | 2023-12-31 | $38.1M | $13.1M | +52.46% |
| Q3 2023 | 2023-09-30 | $36.7M | $14.7M | +66.46% |
| Q2 2023 | 2023-06-30 | $32.2M | $10.7M | +50.03% |
| Q1 2023 | 2023-03-31 | $33.7M | $10.7M | +46.67% |
| Q4 2022 | 2022-12-31 | $25.0M | $24.5M | +5454.17% |
| Q3 2022 | 2022-09-30 | $22.1M | $22.0M | +101422.75% |
| Q2 2022 | 2022-06-30 | $21.4M | $21.4M | +567891.52% |
| Q1 2022 | 2022-03-31 | $23.0M | $23.0M | +142453.06% |
| Q4 2021 | 2021-12-31 | $449,716 | — | — |
| Q3 2021 | 2021-09-30 | $21,737 | — | — |
| Q2 2021 | 2021-06-30 | $3,774 | — | — |
| Q1 2021 | 2021-03-31 | $16,114 | — | — |
Intuitive Machines operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Intuitive Machines's operating expenses increased from $491,341 to $93.3M, a change of $92.8M. The latest reported quarter, Q2 2026, shows $80.2M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Intuitive Machines source filings ↗