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) Operating margin

Alert me on Operating margin

Navan, Inc.'s operating margin over the twelve months to 31 July 2026 was −25.7%, up 2.3 percentage points from fiscal 2026 (−28.0%). That is below the Software Application industry median of 0.00% and below the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 −28.0% (7.98)
FY2025 −20.1% 41.19
FY2024 −61.2% —

Quarterly newest first

Period Operating margin Change (points)
Jul 2026 −11.0% (2.76)
Apr 2026 −8.22% 42.08
Jan 2026 −50.3% (9.65)
Oct 2025 −40.7% (33.52)
3 more quarters

Operating margin against peers

Company Operating margin
IDCC InterDigital, Inc. compare 45.1%
YOU CLEAR Secure, Inc. compare 26.5%
DUOL Duolingo, Inc. compare 12.4%
RNG Ringcentral, Inc. compare 7.50%
CVLT CommVault Systems, Inc. compare 7.39%
NIQ NIQ Global Intelligence plc compare 1.95%
KVYO Klaviyo, Inc. compare −1.33%
LYFT Lyft, Inc. compare −1.77%
NAVN Navan, Inc. −25.7%
Software Application industry median 0.00%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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