Intuitive Machines (LUNR) Operating Expenses (2021 - 2026)

Intuitive Machines has disclosed Operating Expenses across 6 years of filings, most recently posting $225.9 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 211.2% year-over-year to $225.9 million; the TTM figure through Mar 2026 stood at $450.6 million (up 59.79% YoY), while the FY2025 annual figure was $297.3 million, up 4.17% from the prior year.
• Operating Expenses grew to $225.9 million in Q1 2026, from $77.9 million in the prior quarter.
• Over the last five years, Operating Expenses for LUNR reached as high as $225.9 million in Q1 2026 and fell as low as $21.4 million in Q2 2022.
• The 5-year median for Operating Expenses is $67.9 million (2025), against an average of $61.4 million.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 101422.75% — and 2025, when it decreased 6.02%.
• A 5-year view of Operating Expenses shows it stood at $27.4 million in 2022, then soared by 39.21% to $38.1 million in 2023, then jumped by 78.72% to $68.1 million in 2024, then advanced by 14.43% to $77.9 million in 2025, then surged by 190.1% to $225.9 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $225.9 million, $77.9 million, and $67.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.