Welcome to our dedicated page for Intuitive Machines SEC filings (Ticker: LUNR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Intuitive Machines SEC filings document its space infrastructure business, Nasdaq-listed Class A common stock, operating results, governance and capital structure. Form 8-K reports cover financial results, material definitive agreements, equity issuances, registration rights and completed acquisition matters, including historical and pro forma financial information for Lanteris Space Systems.
Proxy materials describe annual meeting procedures, stockholder voting matters, board governance and executive compensation. The company’s filings also record securities registered under the Exchange Act, compensation arrangements tied to corporate transactions, and disclosure categories related to shareholder approvals, material events and financial reporting.
Johnson Christopher J. reported acquisition or exercise transactions in this Form 4 filing.
Intuitive Machines, Inc. reported that officer Christopher J. Johnson received an award of 21,377 shares of Class A Common Stock in the form of restricted stock units. These RSUs were granted at no cash cost and increase his directly held position to 122,797 shares.
The RSUs represent a contingent right to receive one share of Class A Common Stock per unit and will vest in four equal annual installments beginning on February 5, 2027. This is a compensation-related equity grant rather than an open-market purchase.
Intuitive Machines, Inc. insider entities reported an exercise-and-sell transaction involving Class A Common Stock. Entities associated with Dr. Kamal Ghaffarian redeemed 141,909 Common Units of Intuitive Machines, LLC into 141,909 shares of Class A Common Stock at a conversion price of $0.00 per share, with a corresponding 141,909 shares of Class C Common Stock cancelled for no consideration.
Ghaffarian Enterprises, LLC then sold 102,945 Class A shares at a weighted average price of $23.0251 and 38,964 Class A shares at a weighted average price of $23.6525, both as open‑market sales under a Rule 10b5-1 trading plan adopted on December 4, 2025. Following these transactions, Ghaffarian Enterprises, LLC holds 3,494,768 shares of Class A Common Stock, and affiliated entities hold significant additional Common Units and Class C shares that are exchangeable into Class A on a one‑to‑one basis.
Intuitive Machines, Inc. registers 34,565,097 shares of Class A Common Stock for resale by selling stockholders. The prospectus states the company will not receive any proceeds from these sales and that the shares may be sold from time to time after this Registration Statement becomes effective. The filing lists 159,372,567 shares outstanding as of March 11, 2026 as a reference point and discloses selling holders and plan-of-distribution methods, including block trades, broker-dealers, and privately negotiated transactions.
Intuitive Machines, Inc. filed an amended report to provide full financial details for its $800 million acquisition of Lanteris Space Holdings LLC, completed on January 13, 2026. The deal consideration was $450 million in cash and $350 million in Class A common stock.
The amendment adds Lanteris’s audited 2025 and 2024 consolidated financial statements and unaudited pro forma condensed combined financial information. In 2025, Lanteris generated $601 million in revenue and a net loss of $3 million, with total assets of $919 million and member’s equity of $497 million.
Intuitive Machines Inc — Schedule 13G/A amendment reporting by The Vanguard Group. The filing states The Vanguard Group completed an internal realignment and disaggregated certain subsidiaries' holdings. The submission reports 0 shares beneficially owned and 0% of common stock as of the filing, with no voting or dispositive power.
Intuitive Machines, Inc. reported that entities associated with Dr. Kamal Ghaffarian restructured and partially reduced their stake in Class A Common Stock. On March 24, 2026, they exercised 283,818 Common Units of Intuitive Machines, LLC into 283,818 shares of Class A Common Stock at a conversion price of $0.00 per unit, with an equal number of shares of Class C Common Stock automatically cancelled and returned to the issuer for no consideration.
On the same date, Ghaffarian Enterprises, LLC sold an aggregate of 283,818 Class A shares in multiple open‑market transactions at weighted average prices ranging from roughly $17.06 to $20.75 per share, under a pre‑arranged Rule 10b5‑1 trading plan adopted on December 4, 2025. After these transactions, affiliated entities continued to hold large positions, including more than 33 million Common Units and Class C shares and approximately 3.49 million Class A shares at Ghaffarian Enterprises, LLC, plus additional units and shares at GM Enterprises, LLC and Intuitive Machines KG Parent, LLC.
Dr. Ghaffarian is the sole managing member or trustee of the entities holding these securities and may be deemed to share beneficial ownership, but he disclaims beneficial ownership except to the extent of his pecuniary interest.
LUNR filed a Form 144 notice listing proposed sales of Class A Common Stock and Class C Common Stock.
The excerpt names J.P. Morgan Securities LLC as an intermediary and records entries including 1135272, 23057374, and 159372567, plus a 03/24/2026 date and a note “Received in exchange for Pre-IPO shares.”
Intuitive Machines SVP & Chief Technology Officer Timothy Price Crain II exercised 150,000 Common Units into 150,000 shares of Class A Common Stock and cancelled 150,000 shares of Class C Common Stock in a corresponding issuer disposition. On the same date, he sold a total of 150,000 Class A shares in open-market transactions at weighted average prices ranging from approximately $16.93 to $18.81 per share, executed in multiple trades and reported in three price ranges. These sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on September 16, 2025. Following the transactions, he holds 359,726 shares of Class A Common Stock directly and 8,870,615 Common Units.
Intuitive Machines, Inc. describes itself as a space infrastructure and services company focused on enabling sustained human and robotic activity beyond Earth. It builds spacecraft and landers, connects them through communications and data networks, and operates them as infrastructure across low Earth orbit, geostationary orbit, cislunar space, and deep space.
The company follows a “Build–Connect–Operate” and Moon‑first strategy, leveraging NASA’s Commercial Lunar Payload Services, Near Space Network awards, Lunar Terrain Vehicle work, and national security contracts such as Space Development Agency tracking layers. Recent acquisitions of KinetX and Lanteris expand satellite manufacturing, deep‑space navigation, and GEO communications capabilities.
Intuitive Machines highlights significant risks, including heavy dependence on U.S. government customers, high customer concentration, a history of net operating losses and potential capital needs, integration risks from acquisitions, launch and mission failures, supply‑chain constraints, cybersecurity threats, stringent export controls, and the emerging, uncertain nature of commercial cislunar and lunar markets.
Intuitive Machines reported fourth-quarter and full-year 2025 results showing rapid balance sheet expansion alongside continued losses. Revenue was $44.8M in Q4 and $210.1M for 2025, down from $228.0M in 2024, while Q4 gross margin improved to 19%.
The company posted a 2025 net loss of $106.8M and Adjusted EBITDA of $(64.2M), but ended the year with $582.6M in cash after issuing $335.5M of convertible notes and receiving significant warrant proceeds. Backlog was $213.1M at December 31, 2025. Management highlights a transformational period including the completed acquisition of KinetX, an $800M Lanteris Space Systems deal and a $175M strategic investment in early 2026. For 2026, the company targets revenue of $900M–$1B and positive Adjusted EBITDA.