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Intuitive Machines (Intuitive Machines) Gross Margin % : 4.79% (As of Dec. 2023)


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What is Intuitive Machines Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Intuitive Machines's Gross Profit for the three months ended in Dec. 2023 was $1.46 Mil. Intuitive Machines's Revenue for the three months ended in Dec. 2023 was $30.56 Mil. Therefore, Intuitive Machines's Gross Margin % for the quarter that ended in Dec. 2023 was 4.79%.


The historical rank and industry rank for Intuitive Machines's Gross Margin % or its related term are showing as below:

LUNR' s Gross Margin % Range Over the Past 10 Years
Min: -38.26   Med: -11.26   Max: 12.14
Current: -26.35


During the past 4 years, the highest Gross Margin % of Intuitive Machines was 12.14%. The lowest was -38.26%. And the median was -11.26%.

LUNR's Gross Margin % is ranked worse than
97.97% of 296 companies
in the Aerospace & Defense industry
Industry Median: 26.025 vs LUNR: -26.35

Intuitive Machines had a gross margin of 4.79% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Intuitive Machines was 0.00% per year.


Intuitive Machines Gross Margin % Historical Data

The historical data trend for Intuitive Machines's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Intuitive Machines Gross Margin % Chart

Intuitive Machines Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
3.84 -38.26 12.14 -26.35

Intuitive Machines Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 45.18 -26.82 -24.94 -102.40 4.79

Competitive Comparison of Intuitive Machines's Gross Margin %

For the Aerospace & Defense subindustry, Intuitive Machines's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intuitive Machines's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Intuitive Machines's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Intuitive Machines's Gross Margin % falls into.



Intuitive Machines Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Intuitive Machines's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-21 / 79.521
=(Revenue - Cost of Goods Sold) / Revenue
=(79.521 - 100.472) / 79.521
=-26.35 %

Intuitive Machines's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1.5 / 30.561
=(Revenue - Cost of Goods Sold) / Revenue
=(30.561 - 29.097) / 30.561
=4.79 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Intuitive Machines  (NAS:LUNR) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Intuitive Machines had a gross margin of 4.79% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Intuitive Machines Gross Margin % Related Terms

Thank you for viewing the detailed overview of Intuitive Machines's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Intuitive Machines (Intuitive Machines) Business Description

Traded in Other Exchanges
N/A
Address
3700 Bay Area Boulevard, Sixth Floor, Suite 600, Houston, TX, USA, 77058
Intuitive Machines Inc is a space exploration, infrastructure, and services company. It is a diversified space company focused on space exploration. It supplies space products and services to support sustained robotic and human exploration to the Moon, Mars, and beyond. Its products and services are offered through four business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure.
Executives
Nicole Seligman director C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Anna Chiara Jones officer: GC & Corporate Secretary C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Masson Robert L. Ii director 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Gm Enterprises, Llc 10 percent owner 801 THOMPSON AVENUE, ROCKVILLE MD 20852
Intuitive Machines Kg Parent, Llc 10 percent owner 801 THOMPSON AVENUE, ROCKVILLE MD 20852
Ghaffarian Enterprises, Llc 10 percent owner 801 THOMPSON AVENUE, ROCKVILLE MD 20852
Steven Vontur officer: Corporate Controller C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Liquori William John Jr director C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Kamal Seyed Ghaffarian director, 10 percent owner, officer: Executive Chairman C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Stephen J Altemus director, 10 percent owner, officer: Chief Executive Officer C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Sallee Erik Robinson Worley officer: Chief Financial Officer C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Crain Timothy Price Ii 10 percent owner, officer: Chief Technology Officer C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Hgc Investment Management Inc. 10 percent owner 1073 YONGE ST, 2ND FLOOR, TORONTO A6 M4W 2L2
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Erin Clift director C/O INFLECTION POINT ACQUISITION CORP., 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022