NextNav Inc. logo

NextNav Inc.

NN

NASDAQTechnologySoftware - Infrastructure

Previous close

$17.55

+$0.22 · +1.27%

Aug 21, 4:00 PM ET

NN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

7

Overpriced

Momentum

33

Weakening

Sentiment

73

Bullish

Risk resilience

42

Elevated Risk

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Company profile

Company website

NextNav Inc. provides positioning, navigation, and timing (PNT) solutions in the United States. The company offers Pinnacle, an accurate altitude service for public safety applications, including enhanced 911 for Verizon and national cellular network providers. It also provides TerraPoiNT, a 3D PNT system, provides positioning, navigation, and timing services provided by GPS through a land-based GPS satellite constellation. The company serves Wi-Fi, telecom, public safety, location apps, and critical infrastructure industries. The company was founded in 2007 and is headquartered in Reston, Virginia.

Industry
Software - Infrastructure
Sector
Technology
Headquarters
US
CEO
Mariam Sorond
Listed since
Nov 2, 2020
Employees
103

Market position

Day range

Current $17.55

52-week range

Current $17.55

Open
$17.44
Previous close
$17.33
Volume
1.98M
0.69× average
Average volume
2.88M
Average daily volume
Market cap
2.39B USD
Beta
1.11
Market reference 1
50-day average
$16.337
+7.42% above average
200-day average
$16.7475
+4.79% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.45B USD
P/E (TTM)
-21.54×
P/B (TTM)
7.43×
P/S (TTM)
602.08×
EV / EBITDA
-14.54×
Earnings yield
-8.56%
Free cash flow yield
-2.30%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-178.73%
Operating margin
-1900.43%
Net margin
-2812.55%
Return on equity
219.46%
Return on assets
-76.28%
Return on invested capital
-29.46%

Financial health

Debt / equity
0.04×
Current ratio
12.71×
Altman Z-score
22.41
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends1797%-5751%-13299%-20847%Gross margin, FY2021: -2310.22%Gross margin, FY2022: -200.71%Gross margin, FY2023: -229.96%Gross margin, FY2024: -90.10%Gross margin, FY2025: -256.22%Operating margin, FY2021: -5560.81%Operating margin, FY2022: -1669.28%Operating margin, FY2023: -1644.98%Operating margin, FY2024: -1060.12%Operating margin, FY2025: -1535.80%Net margin, FY2021: -18960.16%Net margin, FY2022: -1021.80%Net margin, FY2023: -1857.46%Net margin, FY2024: -1797.12%Net margin, FY2025: -4138.49%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -2310.22%. Gross margin FY2022 -200.71%. Gross margin FY2023 -229.96%. Gross margin FY2024 -90.10%. Gross margin FY2025 -256.22%. Operating margin FY2021 -5560.81%. Operating margin FY2022 -1669.28%. Operating margin FY2023 -1644.98%. Operating margin FY2024 -1060.12%. Operating margin FY2025 -1535.80%. Net margin FY2021 -18960.16%. Net margin FY2022 -1021.80%. Net margin FY2023 -1857.46%. Net margin FY2024 -1797.12%. Net margin FY2025 -4138.49%.

Income trends

Revenue

4.57M USD-19.33%

Operating income

−70.23M USD-16.86%

Net income

−189.25M USD-85.76%
Income trends across reported periods25.16M USD−52.81M USD−130.78M USD−208.75M USDRevenue, FY2021: 763K USDRevenue, FY2022: 3.93M USDRevenue, FY2023: 3.86M USDRevenue, FY2024: 5.67M USDRevenue, FY2025: 4.57M USDOperating income, FY2021: −42.43M USDOperating income, FY2022: −65.54M USDOperating income, FY2023: −63.53M USDOperating income, FY2024: −60.1M USDOperating income, FY2025: −70.23M USDNet income, FY2021: −144.67M USDNet income, FY2022: −40.12M USDNet income, FY2023: −71.74M USDNet income, FY2024: −101.88M USDNet income, FY2025: −189.25M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 763K USD. Revenue FY2022 3.93M USD. Revenue FY2023 3.86M USD. Revenue FY2024 5.67M USD. Revenue FY2025 4.57M USD. Operating income FY2021 −42.43M USD. Operating income FY2022 −65.54M USD. Operating income FY2023 −63.53M USD. Operating income FY2024 −60.1M USD. Operating income FY2025 −70.23M USD. Net income FY2021 −144.67M USD. Net income FY2022 −40.12M USD. Net income FY2023 −71.74M USD. Net income FY2024 −101.88M USD. Net income FY2025 −189.25M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue4.57M USD5.67M USD3.86M USD3.93M USD763K USD
Cost of goods sold16.29M USD10.78M USD12.74M USD11.81M USD18.39M USD
Gross profit−11.72M USD−5.11M USD−8.88M USD−7.88M USD−17.63M USD
Research and development18.95M USD16.24M USD19.5M USD17.06M USD9.47M USD
Selling, general, and administrative39.56M USD13.56M USD
Operating expenses58.52M USD54.99M USD54.65M USD57.66M USD24.8M USD
Interest income222K USD901K USD
Interest expense12.44M USD9.4M USD3.66M USD17.84M USD
Depreciation and amortization7.75M USD4.61M USD4.49M USD3.33M USD1.78M USD
Operating income−70.23M USD−60.1M USD−63.53M USD−65.54M USD−42.43M USD
Net income−189.25M USD−101.88M USD−71.74M USD−40.12M USD−144.67M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 8 misses, 0 met estimates
Average EPS surprise
-78.39%
11 comparable reports
Latest EPS result
-0.24
Estimate -0.16 · Miss by 54.84%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.1-0.24-0.38-0.52Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 12, 2025: actual -0.25, estimate -0.15, surprise -66.67%, Miss. Q2 2025, reported May 9, 2025: actual -0.45, estimate -0.14, surprise -221.43%, Miss. Q3 2025, reported Aug 6, 2025: actual -0.48, estimate -0.14, surprise -242.86%, Miss. Q4 2025, reported Nov 6, 2025: actual -0.12, estimate -0.14, surprise +14.29%, Beat. Q1 2026, reported Mar 17, 2026: actual -0.37, estimate -0.13, surprise -184.62%, Miss. Q2 2026, reported May 14, 2026: actual -0.12, estimate -0.14, surprise +14.29%, Beat. Q3 2026, reported Aug 11, 2026: actual -0.24, estimate -0.155, surprise -54.84%, Miss. Q4 2026, reported Nov 5, 2026: actual —, estimate -0.12, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2M1.59M1.18M772.68KQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 12, 2025: actual 1.91M USD, estimate 1.87M USD, surprise +2.22%, Beat. Q2 2025, reported May 9, 2025: actual 1.54M USD, estimate 1.87M USD, surprise -17.68%, Miss. Q3 2025, reported Aug 6, 2025: actual 1.2M USD, estimate 1.59M USD, surprise -24.50%, Miss. Q4 2025, reported Nov 6, 2025: actual 887K USD, estimate 857K USD, surprise +3.50%, Beat. Q1 2026, reported Mar 17, 2026: actual 943K USD, estimate 857K USD, surprise +10.04%, Beat. Q2 2026, reported May 14, 2026: actual 995K USD, estimate 943.5K USD, surprise +5.46%, Beat. Q3 2026, reported Aug 11, 2026: actual 1.15M USD, estimate 917.5K USD, surprise +25.34%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 986.5K USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

1 institution

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