SequelSEC

NEXTNAV INC. NN

Search, Detection, Navigation, Guidance, Aeronautical Sys · CIK 0001865631 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$4.57M
Fiscal year ended 2025-12-31
Operating income
-$70.23M
Fiscal year ended 2025-12-31
Free cash flow
-$50.80M
Fiscal year ended 2025-12-31

NEXTNAV INC. (NN) reported revenue of $4.57M and net income of -$189.25M for the fiscal year ended 2025-12-31. This page shows 6 annual periods of income statement, balance sheet and cash flow figures normalized from NEXTNAV INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Search, Detection, Navigation, Guidance, Aeronautical Sys.

Income

NEXTNAV INC. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Revenue$4.57M$5.67M$3.86M$3.93M$763.00K$569.00K
Cost of revenueUnavailable$729.00K$2.32M$2.39M$232.00K$893.00K
Gross profitUnavailableUnavailable$1.54M$1.54M$531.00K-$324.00K
Operating income-$70.23M-$60.10M-$63.53M-$65.54M-$42.43M-$29.47M
Net income-$189.25M-$101.88M-$71.74M-$40.12M-$144.67M-$137.34M
Research & development$18.95M$16.24M$19.50M$17.06M$9.46M$8.78M
Weighted-average diluted sharesUnavailableUnavailableshares 107.97Mshares 101.03MUnavailableUnavailable
Pretax income-$189.06M-$101.71M-$71.51M-$40.14M-$144.61M-$137.30M
Income tax expense$198.00K$173.00K$221.00K-$28.00K$52.00K$38.00K
Diluted EPS$-1.42$-0.84$-0.66$-0.40$-6.73Unavailable
Selling, general & administrative$39.56M$33.51M$30.32M$36.93M$13.56M$13.26M
General & administrative$23.78M$20.13MUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

NEXTNAV INC. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Cash & equivalents$44.76M$39.33M$81.88M$47.23M$100.08MUnavailable
Total assets$247.02M$161.74M$162.16M$123.79M$136.82M$44.90M
Current assets$157.41M$86.04M$91.22M$61.19M$106.33M$18.07M
Total liabilities$333.25M$111.62M$82.06M$19.92M$36.87M$165.68M
Current liabilities$12.38M$12.14M$9.80M$8.89M$6.68M$4.24M
Total equity incl. NCI-$86.24M$50.12M$80.10M$103.86M$99.44M-$490.38M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailable$4.60MUnavailable
Accounts receivable$2.35M$3.30M$2.33M$2.17M$1.74M$77.00K
Goodwill$19.16M$16.97M$17.98M$17.49MUnavailableUnavailable
Long-term debt$273.59M$54.62M$48.45MUnavailableUnavailableUnavailable
Accounts payable$661.00K$858.00K$391.00K$1.02M$448.00K$680.00K

Cash flow

NEXTNAV INC. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Operating cash flow-$50.74M-$38.01M-$35.44M-$37.10M-$47.93M-$28.40M
Capital expenditures$50.00K$350.00K$2.75M$2.96M$1.02M$6.42M
Investing cash flow-$64.55M-$39.47M$1.07M-$15.74M-$1.28M-$7.18M
Financing cash flow$120.48M$35.10M$68.98M$43.00K$135.64M$34.77M
Net change in cash$5.43M-$42.55M$34.65M-$52.85M$86.41M-$812.00K
Stock-based compensation$16.64M$13.86MUnavailableUnavailableUnavailableUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailable$4.00KUnavailableUnavailable
Depreciation & amortization$7.75M$5.24M$4.82M$3.67M$1.78M$235.00K

Derived

NEXTNAV INC. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Free cash flow-$50.80M-$38.36M-$38.19M-$40.06M-$48.95M-$34.82M
Gross marginUnavailableUnavailable40.0%39.1%69.6%-56.9%
Operating margin-1535.8%-1060.1%-1645.0%-1669.3%-5560.8%-5179.1%
FCF margin-1110.8%-676.6%-988.9%-1020.4%-6416.0%-6120.2%
SBC / revenue363.8%244.4%UnavailableUnavailableUnavailableUnavailable
Current ratio12.71x7.09x9.31x6.89x15.92x4.26x
Revenue YoY growth-19.3%46.8%-1.6%414.5%34.1%Unavailable
Net margin-4138.5%-1797.1%-1857.5%-1021.8%-18960.2%-24136.4%
R&D / revenue414.4%286.5%505.0%434.5%1240.5%1542.5%
CapEx / revenue1.1%6.2%71.2%75.5%133.9%1128.1%
Long-term debt / equityUnavailable1.09xUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open NN in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-11View SEC filing
10-Q · Filed 2026-05-14View SEC filing
10-K · Filed 2026-03-17View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-06View SEC filing
10-Q · Filed 2025-05-09View SEC filing

Companies in the same industry

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Reconciliation checks needing review

2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

gross profit bridgeinconsistent2024-12-31

Withheld: gross profit could not be reconciled with the rest of this filer’s statement.

balance equationreview2020-12-31

Difference 369604000 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.