Intuitive Machines vs Planet Labs
Planet Labs reported revenue of $308 million in fiscal 2026, 1.5 times Intuitive Machines' $210 million in fiscal 2025. Intuitive Machines' revenue fell 7.9% in its latest year, and Planet Labs' grew 25.9%. Intuitive Machines had an operating margin of -41.5%, against -30.9% at Planet Labs. Free cash flow was −$56 million at Intuitive Machines and $58 million at Planet Labs. Their fiscal years end in different months (December 31 and January 31), so the periods don't line up exactly.
Side by side
| Intuitive Machines | Planet Labs | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2026, Jan 31, 2026 |
| Revenue | $210M | $308M |
| Revenue growth | −7.9% | 25.9% |
| Revenue growth a year, last 5 years | — | 22.1% |
| Gross margin | — | 56.0% |
| Operating margin | −41.5% | −30.9% |
| Net margin | −39.6% | −80.2% |
| Free cash flow | −$56M | $58M |
| Free cash flow margin | −26.6% | 18.7% |
| Return on capital | — | −70.0% |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $21M | $0M |
| Change in diluted share count | 88.0% | 5.4% |
| Last close | $10.48 | $13.76 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | bought $2.2 million, sold $263.8 million | sold $43.0 million |
| Piotroski F-score | 3 of 8 | 3 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Intuitive MachinesPlanet Labs
Operating margin
Percent of revenue
Intuitive MachinesPlanet Labs
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Intuitive MachinesPlanet Labs
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Intuitive Machines and Planet Labs pages.