Navan, Inc.

NAVN Technology Software Application

Navan, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $702.3 million, up 30.8% from fiscal 2025.

Revenue
+35.4%
EPS
+86.7%
Free cash flow
+618.7%
Total debt
−70.2%

Quarter to July 2026, against a year earlier

25.48 1.58 −5.84%
Market cap
$7.1B
P/E
0.0×
Fwd P/E
−62.6×
Dividend yield
—
F-score
n/a
Altman Z
0.42
Beneish M
−3.45
Dividend safety
n/a

Navan, Inc. (NAVN) Gross margin

Alert me on Gross margin

Navan, Inc.'s gross margin over the twelve months to 31 July 2026 was 72.6%, up 1.3 percentage points from fiscal 2026 (71.3%). That is above the Software Application industry median of 66.9% and above the Technology sector median of 46.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 71.3% 2.90
FY2025 68.4% 8.80
FY2024 59.6% —

Quarterly newest first

Period Gross margin Change (points)
Jul 2026 74.1% 0.05
Apr 2026 74.0% 3.34
Jan 2026 70.7% (0.02)
Oct 2025 70.7% (2.00)
3 more quarters

Gross margin against peers

Company Gross margin
IDCC InterDigital, Inc. compare 100.0%
CVLT CommVault Systems, Inc. compare 81.3%
KVYO Klaviyo, Inc. compare 73.5%
DUOL Duolingo, Inc. compare 72.8%
NAVN Navan, Inc. 72.6%
RNG Ringcentral, Inc. compare 72.2%
YOU CLEAR Secure, Inc. compare 67.5%
NIQ NIQ Global Intelligence plc compare 55.4%
LYFT Lyft, Inc. compare 45.5%
Software Application industry median 66.9%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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