Why Intuitive Machines Stock Dropped Today
Key Points
Intuitive Machines missed on earnings this morning.
Management forecast 2026 revenue to more than quadruple after buying Lanteris.
- 10 stocks we like better than Intuitive Machines ›
Intuitive Machines (NASDAQ: LUNR) stock, the space company that returned America to the moon in 2024, tumbled nearly 10% in early trading Thursday before recovering most of its losses in the afternoon.
As of 1:05 p.m., Intuitive Machines stock is down only 1.6%.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Image source: NASA.
Intuitive Machines Q4 earnings
What caused the slump in the first place? Earnings.
Analysts expected Intuitive Machines to report a $0.06 per share loss in its Q4 report this morning, bringing full-year losses to $0.40 under generally accepted accounting principles (GAAP). The company actually reported a Q4 loss of $59.7 million and a 2025 loss of $106.8 million. On 180.2 million in implied shares outstanding, that works out to a quarterly loss of $0.33 and an annual loss of $0.59.
Ouch.
Free cash flow for the year was negative $56 million. Revenues slumped 18% for the quarter ($44.8 million), and 8% for the year ($210 million).
What it means for Intuitive
With numbers this bad, Intuitive Machines emphasized non-numerical news, reminding investors it landed on the moon for a second time in 2025 (but not mentioning its spacecraft fell over), rehashing its $800 million purchase of Lanteris, and speaking of plans to establish space communications between not just the moon and Earth, but the moon and Mars.
Best of all was the company's promise to deliver 2026 revenue growth to $900 million to $1 billion. At the midpoint, that's well ahead of analyst forecasts for $907 million in 2026 sales. Management notably did not promise to earn a profit, however, and Wall Street wants to see $0.16 per share this year.
That'll be a giant leap for Intuitive. Now we just need to wait and see if they can make it.
Should you buy stock in Intuitive Machines right now?
Before you buy stock in Intuitive Machines, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Intuitive Machines wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $510,710!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,105,949!*
Now, it’s worth noting Stock Advisor’s total average return is 929% — a market-crushing outperformance compared to 186% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of March 19, 2026.
Rich Smith has positions in Intuitive Machines. The Motley Fool has positions in and recommends Intuitive Machines. The Motley Fool has a disclosure policy.
