vs

Side-by-side financial comparison of Intuitive Machines, Inc. (LUNR) and Viridian Therapeutics, Inc.\DE (VRDN). Click either name above to swap in a different company.

Viridian Therapeutics, Inc.\DE is the larger business by last-quarter revenue ($70.6M vs $43.3M, roughly 1.6× Intuitive Machines, Inc.). Viridian Therapeutics, Inc.\DE runs the higher net margin — -49.0% vs -92.1%, a 43.0% gap on every dollar of revenue. On growth, Viridian Therapeutics, Inc.\DE posted the faster year-over-year revenue change (81958.1% vs -20.8%). Intuitive Machines, Inc. produced more free cash flow last quarter ($-22.9M vs $-84.7M).

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...

Viridian Therapeutics is a clinical-stage biotechnology firm developing novel disease-modifying therapies for rare, serious autoimmune and inflammatory diseases. Its lead pipeline candidate targets thyroid eye disease, a debilitating orbital disorder, with primary market focus on North America and Europe.

LUNR vs VRDN — Head-to-Head

Bigger by revenue
VRDN
VRDN
1.6× larger
VRDN
$70.6M
$43.3M
LUNR
Growing faster (revenue YoY)
VRDN
VRDN
+81978.9% gap
VRDN
81958.1%
-20.8%
LUNR
Higher net margin
VRDN
VRDN
43.0% more per $
VRDN
-49.0%
-92.1%
LUNR
More free cash flow
LUNR
LUNR
$61.8M more FCF
LUNR
$-22.9M
$-84.7M
VRDN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
LUNR
LUNR
VRDN
VRDN
Revenue
$43.3M
$70.6M
Net Profit
$-39.9M
$-34.6M
Gross Margin
Operating Margin
-76.4%
-56.7%
Net Margin
-92.1%
-49.0%
Revenue YoY
-20.8%
81958.1%
Net Profit YoY
73.3%
54.9%
EPS (diluted)
$-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.

Revenue
LUNR
LUNR
VRDN
VRDN
Q4 25
$43.3M
Q3 25
$51.0M
$70.6M
Q2 25
$50.3M
Q1 25
$62.5M
Q4 24
$54.7M
Q3 24
$58.5M
Q2 24
$41.6M
Q1 24
$73.2M
Net Profit
LUNR
LUNR
VRDN
VRDN
Q4 25
$-39.9M
Q3 25
$-6.8M
$-34.6M
Q2 25
$-25.2M
Q1 25
$-11.4M
Q4 24
$-149.2M
Q3 24
$-55.4M
Q2 24
$18.7M
Q1 24
$-97.5M
Operating Margin
LUNR
LUNR
VRDN
VRDN
Q4 25
-76.4%
Q3 25
-30.2%
-56.7%
Q2 25
-56.9%
Q1 25
-16.1%
Q4 24
-24.5%
Q3 24
-23.5%
Q2 24
-66.0%
Q1 24
-3.8%
Net Margin
LUNR
LUNR
VRDN
VRDN
Q4 25
-92.1%
Q3 25
-13.4%
-49.0%
Q2 25
-50.0%
Q1 25
-18.2%
Q4 24
-272.9%
Q3 24
-94.7%
Q2 24
44.8%
Q1 24
-133.1%
EPS (diluted)
LUNR
LUNR
VRDN
VRDN
Q4 25
$-0.34
Q3 25
$-0.06
Q2 25
$-0.22
Q1 25
$-0.11
Q4 24
$-1.42
Q3 24
$-0.83
Q2 24
$0.30
Q1 24
$-2.68

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LUNR
LUNR
VRDN
VRDN
Cash + ST InvestmentsLiquidity on hand
$582.6M
$490.9M
Total DebtLower is stronger
$335.3M
Stockholders' EquityBook value
$-755.0M
$503.0M
Total Assets
$757.2M
$577.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LUNR
LUNR
VRDN
VRDN
Q4 25
$582.6M
Q3 25
$622.0M
$490.9M
Q2 25
$344.9M
Q1 25
$373.3M
Q4 24
$207.6M
Q3 24
$89.6M
Q2 24
$31.6M
Q1 24
$55.2M
Total Debt
LUNR
LUNR
VRDN
VRDN
Q4 25
$335.3M
Q3 25
$334.8M
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Q1 24
Stockholders' Equity
LUNR
LUNR
VRDN
VRDN
Q4 25
$-755.0M
Q3 25
$-404.2M
$503.0M
Q2 25
$-381.2M
Q1 25
$-136.9M
Q4 24
$-1.0B
Q3 24
$-496.8M
Q2 24
$-235.0M
Q1 24
$-493.6M
Total Assets
LUNR
LUNR
VRDN
VRDN
Q4 25
$757.2M
Q3 25
$753.5M
$577.1M
Q2 25
$475.6M
Q1 25
$500.0M
Q4 24
$355.4M
Q3 24
$224.8M
Q2 24
$140.1M
Q1 24
$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
LUNR
LUNR
VRDN
VRDN
Operating Cash FlowLast quarter
$-7.3M
$-84.6M
Free Cash FlowOCF − Capex
$-22.9M
$-84.7M
FCF MarginFCF / Revenue
-53.0%
-120.1%
Capex IntensityCapex / Revenue
36.1%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-56.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LUNR
LUNR
VRDN
VRDN
Q4 25
$-7.3M
Q3 25
$-7.2M
$-84.6M
Q2 25
$-19.3M
Q1 25
$19.4M
Q4 24
$-2.0M
Q3 24
$-17.9M
Q2 24
$-31.3M
Q1 24
$-6.4M
Free Cash Flow
LUNR
LUNR
VRDN
VRDN
Q4 25
$-22.9M
Q3 25
$-19.0M
$-84.7M
Q2 25
$-27.3M
Q1 25
$13.3M
Q4 24
$-6.9M
Q3 24
$-19.3M
Q2 24
$-33.5M
Q1 24
$-8.0M
FCF Margin
LUNR
LUNR
VRDN
VRDN
Q4 25
-53.0%
Q3 25
-37.2%
-120.1%
Q2 25
-54.3%
Q1 25
21.3%
Q4 24
-12.6%
Q3 24
-33.0%
Q2 24
-80.4%
Q1 24
-11.0%
Capex Intensity
LUNR
LUNR
VRDN
VRDN
Q4 25
36.1%
Q3 25
23.2%
0.2%
Q2 25
16.0%
Q1 25
9.8%
Q4 24
9.0%
Q3 24
2.4%
Q2 24
5.3%
Q1 24
2.2%
Cash Conversion
LUNR
LUNR
VRDN
VRDN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-1.67×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons