vs
Side-by-side financial comparison of Intuitive Machines, Inc. (LUNR) and NETSTREIT Corp. (NTST). Click either name above to swap in a different company.
NETSTREIT Corp. is the larger business by last-quarter revenue ($57.1M vs $43.3M, roughly 1.3× Intuitive Machines, Inc.). NETSTREIT Corp. runs the higher net margin — 10.0% vs -92.1%, a 102.1% gap on every dollar of revenue. On growth, NETSTREIT Corp. posted the faster year-over-year revenue change (24.3% vs -20.8%). Over the past eight quarters, NETSTREIT Corp.'s revenue compounded faster (20.1% CAGR vs -23.1%).
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...
NETSTREIT Corp. is a US-headquartered real estate investment trust (REIT) that specializes in acquiring and operating a diversified portfolio of single-tenant net lease commercial properties. Its asset portfolio covers retail, industrial and office categories, primarily catering to investment-grade corporate tenants across the United States market.
LUNR vs NTST — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $43.3M | $57.1M |
| Net Profit | $-39.9M | $5.7M |
| Gross Margin | — | — |
| Operating Margin | -76.4% | 34.1% |
| Net Margin | -92.1% | 10.0% |
| Revenue YoY | -20.8% | 24.3% |
| Net Profit YoY | 73.3% | 235.9% |
| EPS (diluted) | $-0.34 | $0.32 |
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.
| Q1 26 | — | $57.1M | ||
| Q4 25 | $43.3M | $52.5M | ||
| Q3 25 | $51.0M | $48.3M | ||
| Q2 25 | $50.3M | $48.3M | ||
| Q1 25 | $62.5M | $45.9M | ||
| Q4 24 | $54.7M | $44.1M | ||
| Q3 24 | $58.5M | $41.4M | ||
| Q2 24 | $41.6M | $39.6M |
| Q1 26 | — | $5.7M | ||
| Q4 25 | $-39.9M | $1.3M | ||
| Q3 25 | $-6.8M | $618.0K | ||
| Q2 25 | $-25.2M | $3.3M | ||
| Q1 25 | $-11.4M | $1.7M | ||
| Q4 24 | $-149.2M | $-5.4M | ||
| Q3 24 | $-55.4M | $-5.3M | ||
| Q2 24 | $18.7M | $-2.3M |
| Q1 26 | — | 34.1% | ||
| Q4 25 | -76.4% | 2.6% | ||
| Q3 25 | -30.2% | 1.3% | ||
| Q2 25 | -56.9% | 6.8% | ||
| Q1 25 | -16.1% | 3.7% | ||
| Q4 24 | -24.5% | -12.3% | ||
| Q3 24 | -23.5% | -12.8% | ||
| Q2 24 | -66.0% | -5.8% |
| Q1 26 | — | 10.0% | ||
| Q4 25 | -92.1% | 2.5% | ||
| Q3 25 | -13.4% | 1.3% | ||
| Q2 25 | -50.0% | 6.8% | ||
| Q1 25 | -18.2% | 3.7% | ||
| Q4 24 | -272.9% | -12.3% | ||
| Q3 24 | -94.7% | -12.8% | ||
| Q2 24 | 44.8% | -5.8% |
| Q1 26 | — | $0.32 | ||
| Q4 25 | $-0.34 | $0.01 | ||
| Q3 25 | $-0.06 | $0.01 | ||
| Q2 25 | $-0.22 | $0.04 | ||
| Q1 25 | $-0.11 | $0.02 | ||
| Q4 24 | $-1.42 | $-0.07 | ||
| Q3 24 | $-0.83 | $-0.07 | ||
| Q2 24 | $0.30 | $-0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $582.6M | — |
| Total DebtLower is stronger | $335.3M | — |
| Stockholders' EquityBook value | $-755.0M | $1.5B |
| Total Assets | $757.2M | $2.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $582.6M | — | ||
| Q3 25 | $622.0M | — | ||
| Q2 25 | $344.9M | — | ||
| Q1 25 | $373.3M | — | ||
| Q4 24 | $207.6M | — | ||
| Q3 24 | $89.6M | — | ||
| Q2 24 | $31.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | $335.3M | $1.1B | ||
| Q3 25 | $334.8M | $1.1B | ||
| Q2 25 | — | $926.6M | ||
| Q1 25 | — | $913.3M | ||
| Q4 24 | $0 | $868.3M | ||
| Q3 24 | — | $778.7M | ||
| Q2 24 | — | $726.2M |
| Q1 26 | — | $1.5B | ||
| Q4 25 | $-755.0M | $1.4B | ||
| Q3 25 | $-404.2M | $1.3B | ||
| Q2 25 | $-381.2M | $1.3B | ||
| Q1 25 | $-136.9M | $1.3B | ||
| Q4 24 | $-1.0B | $1.3B | ||
| Q3 24 | $-496.8M | $1.3B | ||
| Q2 24 | $-235.0M | $1.3B |
| Q1 26 | — | $2.8B | ||
| Q4 25 | $757.2M | $2.6B | ||
| Q3 25 | $753.5M | $2.5B | ||
| Q2 25 | $475.6M | $2.3B | ||
| Q1 25 | $500.0M | $2.3B | ||
| Q4 24 | $355.4M | $2.3B | ||
| Q3 24 | $224.8M | $2.2B | ||
| Q2 24 | $140.1M | $2.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.76× | ||
| Q3 25 | — | 0.84× | ||
| Q2 25 | — | 0.70× | ||
| Q1 25 | — | 0.70× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | 0.55× |
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 | $-7.3M | — |
| Free Cash FlowOCF − Capex | $-22.9M | — |
| FCF MarginFCF / Revenue | -53.0% | — |
| Capex IntensityCapex / Revenue | 36.1% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-56.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-7.3M | $109.5M | ||
| Q3 25 | $-7.2M | $28.0M | ||
| Q2 25 | $-19.3M | $30.6M | ||
| Q1 25 | $19.4M | $22.1M | ||
| Q4 24 | $-2.0M | $90.2M | ||
| Q3 24 | $-17.9M | $25.1M | ||
| Q2 24 | $-31.3M | $25.4M |
| Q1 26 | — | — | ||
| Q4 25 | $-22.9M | — | ||
| Q3 25 | $-19.0M | — | ||
| Q2 25 | $-27.3M | — | ||
| Q1 25 | $13.3M | — | ||
| Q4 24 | $-6.9M | — | ||
| Q3 24 | $-19.3M | — | ||
| Q2 24 | $-33.5M | — |
| Q1 26 | — | — | ||
| Q4 25 | -53.0% | — | ||
| Q3 25 | -37.2% | — | ||
| Q2 25 | -54.3% | — | ||
| Q1 25 | 21.3% | — | ||
| Q4 24 | -12.6% | — | ||
| Q3 24 | -33.0% | — | ||
| Q2 24 | -80.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | 36.1% | — | ||
| Q3 25 | 23.2% | — | ||
| Q2 25 | 16.0% | — | ||
| Q1 25 | 9.8% | — | ||
| Q4 24 | 9.0% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 5.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 82.46× | ||
| Q3 25 | — | 45.27× | ||
| Q2 25 | — | 9.36× | ||
| Q1 25 | — | 13.06× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -1.67× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LUNR
Segment breakdown not available.
NTST
| Rental revenue (including reimbursable) | $54.0M | 95% |
| Other | $3.0M | 5% |
