NextNav Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:40:03Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -50.80M | -38.36M | -38.19M | -40.06M | -48.95M | -34.82M |
| EBITDA | -62.48M | -54.86M | -58.71M | -61.87M | -40.65M | -29.23M |
| Working Capital | 145.03M | 73.90M | 81.42M | 52.30M | 99.65M | 13.83M |
| Net Debt | 243.84M | 32.10M | -15.76M | -37.86M | -98.77M | 50.20M |
| Gross Margin | — | 87.14% | 39.98% | 39.15% | 69.59% | -56.94% |
| Operating Margin | -1535.80% | -1060.12% | -1644.98% | -1669.28% | -5560.81% | -5179.09% |
| Net Margin | -4138.49% | -1797.12% | -1857.46% | -1021.80% | -18960.16% | -24136.38% |
| Return on Equity (ROE) | 219.46% | -203.27% | -91.11% | -40.11% | -144.73% | 28.01% |
| Return on Assets (ROA) | -76.61% | -62.99% | -44.24% | -32.41% | -105.73% | -305.86% |
| Current Ratio | 12.71× | 7.09× | 9.31× | 6.89× | 15.92× | 4.26× |
| Debt-to-Equity | -3.35× | 1.43× | 0.84× | 0.09× | 0.01× | -0.12× |
| Effective Tax Rate | -0.10% | -0.17% | -0.31% | 0.07% | -0.04% | -0.03% |
| Cash Conversion Ratio | 0.27× | 0.37× | 0.49× | 0.92× | 0.33× | 0.21× |
| Accruals Ratio | -0.56× | -0.39× | -0.22× | -0.02× | -0.71× | -2.43× |
| SBC % of Revenue | 363.81% | 244.42% | — | — | — | — |
| CapEx Coverage | -1014.90× | -108.59× | -12.88× | -12.52× | -46.90× | -4.43× |
| Free Cash Flow Per Share | $-0.38 | $-0.32 | $-0.35 | $-0.40 | $-2.08 | $-4.74 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenues | 4.57M | 5.67M | 3.86M | 3.93M | 763.00K | 569.00K |
| Cost of Goods and Services Sold | — | 729.00K | 2.32M | 2.39M | 232.00K | 893.00K |
| Research and Development Expense | 18.95M | 16.24M | 19.50M | 17.06M | 9.46M | 8.78M |
| Selling, General and Administrative Expense | 39.56M | 33.51M | 30.32M | 36.93M | 13.55M | 13.26M |
| Operating Expenses | — | 65.77M | 67.39M | 69.46M | 43.19M | 30.04M |
| Operating Income (Loss) | -70.23M | -60.10M | -63.53M | -65.54M | -42.43M | -29.47M |
| Income Tax Expense (Benefit) | 198.00K | 173.00K | 221.00K | -28.00K | 52.00K | 38.00K |
| Net Income (Loss) Attributable to Parent | -189.25M | -101.88M | -71.73M | -40.12M | -144.67M | -137.34M |
| Earnings Per Share, Basic | $-1.42 | $-0.84 | $-0.66 | $-0.40 | $-6.73 | — |
| Weighted Average Number of Shares Outstanding, Basic | 132.87M | 121.50M | 107.97M | 101.03M | 23.56M | — |
| Earnings Per Share, Diluted | $-1.42 | $-0.84 | $-0.66 | $-0.40 | $-6.73 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 132.87M | 121.50M | 107.97M | 101.03M | 23.56M | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 44.76M | 39.33M | 81.88M | 47.23M | 100.08M | — |
| Assets, Current | 157.41M | 86.05M | 91.22M | 61.19M | 106.33M | 18.07M |
| Assets | 247.02M | 161.74M | 162.16M | 123.79M | 136.82M | 44.90M |
| Liabilities, Current | 12.38M | 12.14M | 9.80M | 8.89M | 6.68M | 4.24M |
| Long-term Debt, Excluding Current Maturities | 273.59M | 54.62M | 48.45M | — | — | — |
| Liabilities | 333.25M | 111.62M | 82.06M | 19.92M | 36.87M | 165.68M |
| Stockholders' Equity Attributable to Parent | -86.23M | 50.12M | 78.73M | 100.02M | 99.96M | -490.38M |
| Common Stock, Shares, Outstanding | 135.37M | 131.14M | 111.13M | 106.42M | 96.55M | 7.35M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -50.74M | -38.01M | -35.44M | -37.09M | -47.93M | -28.41M |
| Payments to Acquire Property, Plant, and Equipment | 50.00K | 350.00K | 2.75M | 2.96M | 1.02M | 6.42M |
| Net Cash Provided by (Used in) Investing Activities | -64.55M | -39.47M | 1.07M | -15.74M | -1.28M | -7.18M |
| Payments for Repurchase of Common Stock | — | — | — | 4.00K | — | — |
| Net Cash Provided by (Used in) Financing Activities | 120.48M | 35.10M | 68.98M | 43.00K | 135.64M | 34.77M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -10.05M | -16.06M | -34.73M | -25.76M | -12.21M | -12.12M |
| EBITDA | -17.81M | -14.72M | -16.32M | -15.89M | -15.55M | -13.45M |
| Working Capital | 133.76M | 145.03M | 157.32M | 169.80M | 181.92M | 73.90M |
| Net Debt | 250.87M | 243.84M | 155.81M | 203.74M | 79.67M | 32.10M |
| Operating Margin | -1944.02% | -1706.14% | -2239.57% | -1434.28% | -1104.87% | -772.63% |
| Net Margin | -1067.44% | -7191.75% | 54.45% | -5257.49% | -3806.30% | -1688.64% |
| Return on Equity (ROE) | 11.81% | 78.81% | -2.18% | 133.85% | -891.21% | -64.38% |
| Return on Assets (ROA) | -4.51% | -27.51% | 0.18% | -24.61% | -21.81% | -19.95% |
| Current Ratio | 10.49× | 12.71× | 11.54× | 14.97× | 16.75× | 7.09× |
| Debt-to-Equity | -3.13× | -3.35× | -11.11× | -5.56× | 35.01× | 1.43× |
| Effective Tax Rate | -0.53% | -0.08% | 8.70% | -0.07% | -0.10% | -0.11% |
| Cash Conversion Ratio | 0.95× | 0.24× | -71.78× | 0.41× | 0.21× | 0.37× |
| Accruals Ratio | -0.00× | -0.21× | 0.13× | -0.15× | -0.17× | -0.13× |
| SBC % of Revenue | 511.46% | 433.65% | 1413.64% | 663.39% | 280.96% | 140.97% |
| CapEx Coverage | -1004.10× | 1071.80× | -533.35× | -450.93× | -405.97× | -71.12× |
| Free Cash Flow Per Share | $-0.07 | $-0.12 | $-0.23 | $-0.19 | $-0.09 | $-0.10 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 995.00K | 945.00K | 887.00K | 1.20M | 1.54M | 1.91M |
| Research and Development Expense | 5.94M | 4.94M | 5.15M | 4.82M | 4.04M | 3.92M |
| Selling, General and Administrative Expense | 10.74M | 8.80M | 10.01M | 10.23M | 10.52M | 8.94M |
| Operating Income (Loss) | -19.34M | -16.12M | -19.86M | -17.24M | -17.00M | -14.77M |
| Income Tax Expense (Benefit) | 56.00K | 52.00K | 46.00K | 42.00K | 58.00K | 35.00K |
| Net Income (Loss) Attributable to Parent | -10.62M | -67.96M | 483.00K | -63.20M | -58.58M | -32.27M |
| Earnings Per Share, Basic | $-0.08 | $-0.50 | $0.00 | $-0.48 | $-0.45 | $-0.25 |
| Weighted Average Number of Shares Outstanding, Basic | 135.33M | 132.87M | 133.34M | 132.32M | 131.10M | 121.50M |
| Earnings Per Share, Diluted | $-0.12 | $-0.49 | $-0.12 | $-0.48 | $-0.45 | $-0.25 |
| Weighted Average Number of Shares Outstanding, Diluted | 151.62M | 132.87M | 149.56M | 132.32M | 131.10M | 121.50M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 30.60M | 44.76M | 89.99M | 58.87M | 150.42M | 39.33M |
| Assets, Current | 147.86M | 157.41M | 172.25M | 181.95M | 193.47M | 86.05M |
| Assets | 235.64M | 247.02M | 263.07M | 256.74M | 268.61M | 161.74M |
| Liabilities, Current | 14.10M | 12.38M | 14.93M | 12.16M | 11.55M | 12.14M |
| Long-term Debt, Excluding Current Maturities | 267.19M | 273.59M | 230.12M | 246.29M | 213.10M | 54.62M |
| Liabilities | 325.61M | 333.25M | 285.19M | 303.96M | 262.03M | 111.62M |
| Stockholders' Equity Attributable to Parent | -89.97M | -86.23M | -22.12M | -47.22M | 6.57M | 50.12M |
| Common Stock, Shares, Outstanding | 136.06M | 135.37M | 134.73M | 133.01M | 132.28M | 131.14M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -10.04M | -16.08M | -34.67M | -25.70M | -12.18M | -11.95M |
| Payments to Acquire Property, Plant, and Equipment | 10.00K | -15.00K | 65.00K | 57.00K | 30.00K | 168.00K |
| Net Cash Provided by (Used in) Investing Activities | -4.16M | -29.59M | -34.97M | -75.50M | 3.01M | -21.80M |
| Net Cash Provided by (Used in) Financing Activities | 233.00K | 405.00K | 120.08M | 120.43M | 120.17M | 5.37M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (NN CIK 0001865631),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.