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Intuitive Machines vs Northrop Grumman: revenue, profit, margins and growth compared

Intuitive Machines brought in $210.1M of revenue in fiscal 2025, Northrop Grumman $42B in fiscal 2025. Revenue changed by -7.9% at Intuitive Machines and +2.2% at Northrop Grumman on the year before, so Northrop Grumman grew faster. Intuitive Machines kept -39.7% of its revenue as net profit, Northrop Grumman 10.0%. Free cash flow was -$56M at Intuitive Machines and $3.3B at Northrop Grumman.

Side by side, latest fiscal year

LUNRNOC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$210.1M$42B
Revenue growth-7.9%+2.2%
Net income-$83.3M$4.2B
Net margin-39.7%10.0%
Free cash flow-$56M$3.3B
Free cash flow margin-26.6%7.9%
Earnings per share (diluted)-$0.73$29.08
Cash$582.6M$4.4B
Debt$335.3M$15.7B
Price to earningsn/a17.6
Market value$3.6B$72.5B
Dividend yieldn/a1.76%
Rank by revenue in sector#355 of 451 · Industrials#13 of 451 · Industrials

Over the years

Revenue
LUNR FY2022: $85.9MLUNR FY2023: $79.6MLUNR FY2024: $228MLUNR FY2025: $210.1MNOC FY2018: $30.1BNOC FY2019: $33.8BNOC FY2020: $36.8BNOC FY2021: $35.7BNOC FY2022: $36.6BNOC FY2023: $39.3BNOC FY2024: $41BNOC FY2025: $42BFY18FY19FY20FY21FY22FY23FY24FY25
LUNR $210.1MNOC $42B
Net income
LUNR FY2022: -$190.4KLUNR FY2023: $61.8MLUNR FY2024: -$283.4MLUNR FY2025: -$83.3MNOC FY2018: $3.2BNOC FY2019: $2.2BNOC FY2020: $3.2BNOC FY2021: $7BNOC FY2022: $4.9BNOC FY2023: $2.1BNOC FY2024: $4.2BNOC FY2025: $4.2BFY18FY19FY20FY21FY22FY23FY24FY25
LUNR -$83.3MNOC $4.2B
Net margin
LUNR FY2022: -0.2%LUNR FY2023: 77.6%LUNR FY2024: -124.3%LUNR FY2025: -39.7%NOC FY2018: 10.7%NOC FY2019: 6.6%NOC FY2020: 8.7%NOC FY2021: 19.6%NOC FY2022: 13.4%NOC FY2023: 5.2%NOC FY2024: 10.2%NOC FY2025: 10.0%FY18FY19FY20FY21FY22FY23FY24FY25
LUNR -39.7%NOC 10.0%
Revenue growth
LUNR FY2023: -7.4%LUNR FY2024: +186.6%LUNR FY2025: -7.9%NOC FY2019: +12.4%NOC FY2020: +8.7%NOC FY2021: -3.1%NOC FY2022: +2.6%NOC FY2023: +7.3%NOC FY2024: +4.4%NOC FY2025: +2.2%FY19FY20FY21FY22FY23FY24FY25
LUNR -7.9%NOC +2.2%
Free cash flow
LUNR FY2022: -$15.6MLUNR FY2023: -$75.2MLUNR FY2024: -$67.7MLUNR FY2025: -$56MNOC FY2018: $2.6BNOC FY2019: $3BNOC FY2020: $2.9BNOC FY2021: $2.2BNOC FY2022: $1.5BNOC FY2023: $2.1BNOC FY2024: $2.6BNOC FY2025: $3.3BFY18FY19FY20FY21FY22FY23FY24FY25
LUNR -$56MNOC $3.3B

Fiscal years as each company reports them; the two may end in different months.

Questions about Intuitive Machines and Northrop Grumman

Which is bigger by revenue, Intuitive Machines or Northrop Grumman?

Northrop Grumman is bigger by revenue: $42B in fiscal 2025, against $210.1M for Intuitive Machines in fiscal 2025.

Which keeps more of its revenue as profit, Intuitive Machines or Northrop Grumman?

Intuitive Machines had a net margin of -39.7% in fiscal 2025; Northrop Grumman had 10.0% in fiscal 2025.

Which grew revenue faster, Intuitive Machines or Northrop Grumman?

In their latest fiscal years revenue changed by -7.9% at Intuitive Machines and +2.2% at Northrop Grumman.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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