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Side-by-side financial comparison of Coda Octopus Group, Inc. (CODA) and Intuitive Machines, Inc. (LUNR). Click either name above to swap in a different company.
Intuitive Machines, Inc. is the larger business by last-quarter revenue ($43.3M vs $7.3M, roughly 6.0× Coda Octopus Group, Inc.). Coda Octopus Group, Inc. runs the higher net margin — 14.1% vs -92.1%, a 106.2% gap on every dollar of revenue. On growth, Coda Octopus Group, Inc. posted the faster year-over-year revenue change (43.8% vs -20.8%). Coda Octopus Group, Inc. produced more free cash flow last quarter ($2.5M vs $-22.9M). Over the past eight quarters, Coda Octopus Group, Inc.'s revenue compounded faster (27.7% CAGR vs -23.1%).
CODA plc was a mid-sized international financial software company based in the United Kingdom. Founded in 1979, it was purchased in 2008 by Unit4, a supplier of enterprise software, based in the Netherlands. CODA creates, markets and implements a range of business software systems designed for finance directors and finance departments. These include:financial management systems like accounting software and procurement software: financial analysis applications like reporting, consolidation and...
Intuitive Machines, Inc. is an American space exploration company headquartered in Houston, Texas. It was founded in 2013 by Stephen Altemus, Kam Ghaffarian, and Tim Crain, to provide commercial and government exploration of the Moon. Today the company offers lunar surface access for transportation and payload delivery, data transmission services, and infrastructure-as-a-service. Intuitive Machines holds three NASA contracts under the space agency's Commercial Lunar Payload Services (CLPS) in...
CODA vs LUNR — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $7.3M | $43.3M |
| Net Profit | $1.0M | $-39.9M |
| Gross Margin | 67.6% | — |
| Operating Margin | 19.3% | -76.4% |
| Net Margin | 14.1% | -92.1% |
| Revenue YoY | 43.8% | -20.8% |
| Net Profit YoY | 214.3% | 73.3% |
| EPS (diluted) | $0.10 | $-0.34 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $7.3M | $43.3M | ||
| Q3 25 | $7.1M | $51.0M | ||
| Q2 25 | $7.0M | $50.3M | ||
| Q1 25 | $5.2M | $62.5M | ||
| Q4 24 | $5.1M | $54.7M | ||
| Q3 24 | $5.5M | $58.5M | ||
| Q2 24 | $5.3M | $41.6M | ||
| Q1 24 | $4.5M | $73.2M |
| Q4 25 | $1.0M | $-39.9M | ||
| Q3 25 | $1.3M | $-6.8M | ||
| Q2 25 | $908.8K | $-25.2M | ||
| Q1 25 | $913.0K | $-11.4M | ||
| Q4 24 | $326.2K | $-149.2M | ||
| Q3 24 | $1.3M | $-55.4M | ||
| Q2 24 | $1.4M | $18.7M | ||
| Q1 24 | $629.9K | $-97.5M |
| Q4 25 | 67.6% | — | ||
| Q3 25 | 68.3% | — | ||
| Q2 25 | 64.1% | — | ||
| Q1 25 | 65.8% | — | ||
| Q4 24 | 65.3% | — | ||
| Q3 24 | 73.9% | — | ||
| Q2 24 | 70.2% | — | ||
| Q1 24 | 69.2% | — |
| Q4 25 | 19.3% | -76.4% | ||
| Q3 25 | 19.5% | -30.2% | ||
| Q2 25 | 15.5% | -56.9% | ||
| Q1 25 | 12.7% | -16.1% | ||
| Q4 24 | 5.7% | -24.5% | ||
| Q3 24 | 25.4% | -23.5% | ||
| Q2 24 | 25.4% | -66.0% | ||
| Q1 24 | 12.4% | -3.8% |
| Q4 25 | 14.1% | -92.1% | ||
| Q3 25 | 18.2% | -13.4% | ||
| Q2 25 | 13.0% | -50.0% | ||
| Q1 25 | 17.5% | -18.2% | ||
| Q4 24 | 6.5% | -272.9% | ||
| Q3 24 | 23.3% | -94.7% | ||
| Q2 24 | 26.6% | 44.8% | ||
| Q1 24 | 14.1% | -133.1% |
| Q4 25 | $0.10 | $-0.34 | ||
| Q3 25 | $0.11 | $-0.06 | ||
| Q2 25 | $0.08 | $-0.22 | ||
| Q1 25 | $0.08 | $-0.11 | ||
| Q4 24 | $0.02 | $-1.42 | ||
| Q3 24 | $0.11 | $-0.83 | ||
| Q2 24 | $0.13 | $0.30 | ||
| Q1 24 | $0.06 | $-2.68 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $28.7M | $582.6M |
| Total DebtLower is stronger | — | $335.3M |
| Stockholders' EquityBook value | $58.1M | $-755.0M |
| Total Assets | $64.5M | $757.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.7M | $582.6M | ||
| Q3 25 | $26.2M | $622.0M | ||
| Q2 25 | $24.5M | $344.9M | ||
| Q1 25 | $22.5M | $373.3M | ||
| Q4 24 | $22.5M | $207.6M | ||
| Q3 24 | $25.2M | $89.6M | ||
| Q2 24 | $23.7M | $31.6M | ||
| Q1 24 | $25.0M | $55.2M |
| Q4 25 | — | $335.3M | ||
| Q3 25 | — | $334.8M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $58.1M | $-755.0M | ||
| Q3 25 | $57.3M | $-404.2M | ||
| Q2 25 | $55.9M | $-381.2M | ||
| Q1 25 | $53.1M | $-136.9M | ||
| Q4 24 | $53.1M | $-1.0B | ||
| Q3 24 | $52.8M | $-496.8M | ||
| Q2 24 | $51.1M | $-235.0M | ||
| Q1 24 | $50.1M | $-493.6M |
| Q4 25 | $64.5M | $757.2M | ||
| Q3 25 | $61.9M | $753.5M | ||
| Q2 25 | $60.6M | $475.6M | ||
| Q1 25 | $56.9M | $500.0M | ||
| Q4 24 | $57.5M | $355.4M | ||
| Q3 24 | $55.9M | $224.8M | ||
| Q2 24 | $54.0M | $140.1M | ||
| Q1 24 | $53.0M | $170.8M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.9M | $-7.3M |
| Free Cash FlowOCF − Capex | $2.5M | $-22.9M |
| FCF MarginFCF / Revenue | 34.9% | -53.0% |
| Capex IntensityCapex / Revenue | 5.0% | 36.1% |
| Cash ConversionOCF / Net Profit | 2.83× | — |
| TTM Free Cash FlowTrailing 4 quarters | $6.0M | $-56.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.9M | $-7.3M | ||
| Q3 25 | $2.2M | $-7.2M | ||
| Q2 25 | $1.5M | $-19.3M | ||
| Q1 25 | $641.5K | $19.4M | ||
| Q4 24 | $2.0M | $-2.0M | ||
| Q3 24 | $1.7M | $-17.9M | ||
| Q2 24 | $-955.8K | $-31.3M | ||
| Q1 24 | $-298.0K | $-6.4M |
| Q4 25 | $2.5M | $-22.9M | ||
| Q3 25 | $1.6M | $-19.0M | ||
| Q2 25 | $1.4M | $-27.3M | ||
| Q1 25 | $513.4K | $13.3M | ||
| Q4 24 | $1.9M | $-6.9M | ||
| Q3 24 | $1.5M | $-19.3M | ||
| Q2 24 | $-1.1M | $-33.5M | ||
| Q1 24 | $-433.6K | $-8.0M |
| Q4 25 | 34.9% | -53.0% | ||
| Q3 25 | 22.6% | -37.2% | ||
| Q2 25 | 19.9% | -54.3% | ||
| Q1 25 | 9.9% | 21.3% | ||
| Q4 24 | 38.5% | -12.6% | ||
| Q3 24 | 28.2% | -33.0% | ||
| Q2 24 | -20.9% | -80.4% | ||
| Q1 24 | -9.7% | -11.0% |
| Q4 25 | 5.0% | 36.1% | ||
| Q3 25 | 8.6% | 23.2% | ||
| Q2 25 | 1.0% | 16.0% | ||
| Q1 25 | 2.5% | 9.8% | ||
| Q4 24 | 0.9% | 9.0% | ||
| Q3 24 | 3.0% | 2.4% | ||
| Q2 24 | 2.9% | 5.3% | ||
| Q1 24 | 3.0% | 2.2% |
| Q4 25 | 2.83× | — | ||
| Q3 25 | 1.72× | — | ||
| Q2 25 | 1.61× | — | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 6.11× | — | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | -0.68× | -1.67× | ||
| Q1 24 | -0.47× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CODA
| Segment Reporting | $3.1M | 42% |
| Transferred At Point In Time | $1.8M | 24% |
| Precision Acoustics Limited | $1.3M | 18% |
| Other | $1.1M | 15% |
LUNR
Segment breakdown not available.
