NextNav Inc. NN

14.38 (0.07) (0.48%) as of 25 Sep
Market cap
$2.4B
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.69
Total sells 13.26
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — 1 — — — — — — — — — —
Sell — 2 4 — — 10 — — 6 — — 6
Insider Ownership 24.35%

Capital & Financial Ratios

Market Cap 2,420.00
Revenue 3.98
Net Income (111.85)
Free Cash Flow (53.61)
Net Debt (228.84)
Current Ratio 25.63
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 512.10
P/B ratio 6.09
Past 5Y EPS Growth 40.78%
This Y EPS Growth 62.68%
Next Y EPS Growth 7.55%
Next 5Y EPS Growth 32.85%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2026 Powerpack
2025 Powerpack
2024 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 86 80 152 229
Receivables 2 3 2 2
Inventory — — — —
Other 3 3 3 73
91 86 157 304
2023 2024 2025 Q'26
Payables 0 1 1 1
ST’ Debt — — — —
Other — — — —
10 12 12 12
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 51.71% 5.22%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Revenue

Mar Jun Sep Dec Year
’26 1 1 — — —
’25 2 1 1 1 5
’24 1 1 2 2 6
’23 1 1 1 1 4
’22 1 1 1 1 4
’21 0 0 0 0 1
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (10) (18) — — —
’25 (12) (14) (9) (16) (51)
’24 (7) (12) (7) (12) (38)
’23 (7) (8) (9) (11) (35)
’22 (6) (11) (8) (12) (37)
’21 (8) (13) (8) (19) (48)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (10) (18) — — —
’25 (12) (14) (9) (16) (51)
’24 (7) (13) (7) (12) (39)
’23 (9) (10) (9) (11) (39)
’22 (6) (11) (10) (13) (41)
’21 (9) (13) (8) (19) (49)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.07) (0.24) — — —
’25 (0.45) (0.48) 0.00 (0.49) (1.42)
’24 (0.28) (0.21) (0.11) (0.25) (0.84)
’23 (0.15) (0.15) (0.21) (0.15) (0.66)
’22 (0.10) 0.01 (0.18) (0.12) (0.40)
’21 (3.68) (5.31) (4.41) (1.26) (6.73)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — 9.65 6.11 1.85 1.59 3.55 9.05

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — 10.59 15.32 9.30 6.07 18.54 18.25
High Price
— — — — — 61 106 111 96 103
Employees
— — — — 0 0 0 0 0 0
Revenue/Emp
— — — — 1 1 4 4 6 5
Revenue
— — — — (1,265.55%) (2,310.22%) (200.71%) (229.96%) (90.10%) (86.75%)
Gross Margin
— — — — (137) (145) (40) (72) (102) (189)
EBT
— — — — (24,129.70%) (18,953.34%) (1,022.52%) (1,851.73%) (1,794.07%) (4,134.16%)
EBT Margin
— 0 — — (137) (145) (40) (72) (102) (189)
Net Income
— — — — 1 11 4 8 11 17
Depreciation
— — — — 0.08 0.03 0.04 0.04 0.05 0.03
Revenue/Sh
— — — — (0.01) (6.73) (0.40) (0.66) (0.84) (1.42)
Earnings/Sh
— — — — (3.87) (2.03) (0.37) (0.33) (0.31) (0.38)
Cash Flow/Sh
— — — — (0.98) (0.05) (0.04) (0.03) (0.01) 0.00
Capex/Sh
— — — — (4.84) (2.09) (0.40) (0.36) (0.32) (0.39)
Free CF/Sh
— — — — (16.44) 4.24 1.03 0.74 0.41 (0.65)
Book Value/Sh
— — — — 7 24 101 108 122 133
Shares
— — — — 0.00 0.00 0.00 0.00 0.00 0.00
PE Ratio
— — — — 0.00 270.50 78.74 125.81 333.49 483.47
PS Ratio
— — — — 1.44 2.06 2.98 6.07 37.72 0.00
PB Ratio
— — — — 0.00 140.13 65.97 116.13 328.99 510.02
EV/Sales
— — — — 0.00 (2.17) (6.37) (11.45) (48.07) (45.54)
EV/FCF
— — — — (28) (48) (37) (35) (38) (51)
Op' Cash Flow
— — — — (7) (1) (4) (4) (1) 0
Capex
— — — — (36) (49) (41) (39) (39) (51)
FCF
— — — — 14 100 52 81 74 145
Working Cap'
— — — — 59 — 5 48 55 274
Total Debt
— — — — 45 (100) (50) (37) (25) 121
Net Debt
— — — — (121) 100 104 80 50 (86)
Sh' Equity
— — — — (759.02%) (174.44%) (30.79%) (50.17%) (62.91%) (92.60%)
ROA
— — — — 0.00% 0.00% (76.26%) (92.96%) (152.52%) (124.65%)
ROIC
— — — — 87.29% 81.19% (39.36%) (77.99%) (156.48%) 1,048.09%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

NextNav Inc. peers in Software Infrastructure

All 173 Software Infrastructure stocks →

NextNav Inc. (NN) key facts

  • NextNav Inc. (NN) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
  • NextNav Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.6 million, down 19.3% from fiscal 2024.
  • As of September 25, 2026, NN traded at $14.38, a market capitalization of $2.4 billion.
  • Return on equity was 1,048.1% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

NextNav Inc. (NN) Latest News

News by impact score

Fine-tune

22 Sep

4

NextNav Inc. announced two leadership hires: Marissa Mitrovich will be Vice President of Government Affairs and Vijay Venkateswaran will be Chief Business Development Officer. The hires are aimed at advancing the company's 5G-powered 3D PNT and ground-based sensing solutions, acting as a terrestrial complement and backup to GPS. Mitrovich brings more than two decades in government affairs with leadership roles at Fiber Broadband Association, Frontier Communications, Verizon, and the Wireless Infrastructure Association, and will lead policy engagement with Capitol Hill, the Administration, and advocacy partners. Venkateswaran has 25+ years in corporate strategy, product development and business development across telecommunications and IT, with past roles at Charter, Verizon, and Accenture; he will drive ecosystem development, partnerships, and go-to-market efforts. Together, they will broaden NextNav's engagement with policymakers, mobile and satellite operators, and technology partners as the company pursues its vision for a 5G-enabled 3D PNT solution to complement GPS. Two senior hires strengthen policy engagement and ecosystem development, potentially accelerating NextNav's 5G-powered 3D PNT growth and GPS backup initiatives.

15 Sep

4

NextNav Inc. demonstrates the world’s first 5G PNT network achieving single-digit-meter positioning performance. World-first 5G PNT demo with meter-level accuracy advances NextNav's core technology and market position in precision location services.

24 Aug

3

NextNav partners with Tiami Networks to protect against unmanned aircraft system threats. Partnership targets UAS threat protection expanding NextNav operations.

18 Aug

3 transcript

NextNav Inc. (NN) held its Q2 2026 earnings call covering quarterly financial results and operational updates. Earnings call provides financial results and guidance that can moderately shift near-term investor sentiment and valuation.

17 Aug

3

NextNav Inc. (NN) enters new partnerships for expansion but its stock may already reflect full value. New partnerships may boost NextNav operations but full pricing limits stock upside.

12 Aug

3 transcript

NextNav Inc. conducted its Q2 2026 earnings call, covering financial results, operational updates, and future outlook for the company. Earnings call details financial metrics and guidance that can moderately shift near-term investor sentiment and stock performance.

11 Aug

4

NextNav Inc. stock surged 24% after SpaceX endorsed the company's spectrum vision, reflecting strong investor approval of the development. SpaceX endorsement of NextNav spectrum vision signals major strategic validation with direct effects on company trajectory.

3 transcript

NextNav Inc. reported Q2 results with revenue, operational metrics and forward guidance on spectrum and positioning technology initiatives. Quarterly earnings and guidance provide moderate insight into near-term financial trajectory and technology deployment plans.

3

NextNav Inc. posted a Q2 loss while exceeding revenue estimates. Q2 earnings results directly shape near-term investor sentiment and stock movement.

3

NextNav Inc. released second quarter 2026 financial results and operational highlights. Quarterly earnings releases provide key performance data that can shift near-term investor views but rarely redefine long-term strategy.

10 Aug

3

Wall Street analysts project 106.44% upside for NextNav Inc. (NN) after the Spartacus Acquisition. Analyst upside estimates may influence short-term sentiment but are unlikely to shift company fundamentals.

29 Jul

3

NextNav and Safran Electronics & Defense agree to demonstrate 5G-powered PNT interoperability. Demonstration agreement targets core PNT technology advancement with moderate strategic upside for NextNav.

30 Jun

3

NextNav Inc. completed redemption of its warrants and convertible notes. Redemption of warrants and convertible notes reduces potential equity dilution and improves capital structure.

10 Jun

4

NextNav partners with GSMA and industry players to advance technologies enabling safe drone operations in future airspace. Drone safety partnership targets strategic expansion into high-growth autonomous systems market.

5 Jun

4

NextNav achieved a 5G timing milestone and enacted governance changes, lifting its stock 5.8%. 5G timing milestone advances core technology while governance moves improve oversight and execution.

19 May

4

NextNav demonstrates first-ever wireless indoor timing solution for critical infrastructure. Pioneering wireless indoor timing technology demonstration expands NextNav opportunities in critical infrastructure markets.

15 May

4

NextNav Inc. (NN) reported strategic advances in Q1 2026 earnings call amid persistent regulatory challenges. Strategic advances alongside regulatory hurdles signal major shifts in trajectory and investor sentiment.

14 May

4

NextNav Inc. reported first quarter 2026 financial results and operational highlights. Quarterly earnings reports with operational highlights directly affect financial performance and investor sentiment.

4

NextNav Inc. joins the OCUDU Ecosystem Foundation to advance open-source 5G and 6G integrated sensing and Positioning, Navigation, and Timing (PNT) technologies. NextNav's entry into OCUDU bolsters its strategic role in 5G/6G sensing and PNT innovation, potentially driving competitive advantages and market growth.

3

NextNav Inc. reported Q1 revenue of $1.2 million, up 28% year-over-year, with net loss narrowing to $22.4 million. Highlights include progress in NextGen 911 services, wins in z-axis location tech, participation in 900 MHz spectrum auction, and new partnerships. Management affirmed full-year revenue guidance of $6-7 million and path toward profitability. Q1 results demonstrate revenue growth and operational progress in core 911 and PNT services but represent standard quarterly updates without transformative shifts.

3

NextNav Inc. (NN) reported a Q1 net loss but beat revenue estimates. Revenue beat despite Q1 loss moderately influences financial performance and market sentiment.

28 Apr

4

White House review spotlights NextNav's progress and risks in developing terrestrial GPS as a backup to satellite systems. White House scrutiny of NextNav's core terrestrial GPS technology signals potential regulatory shifts impacting competitive positioning and investor sentiment.

19 Apr

4

NextNav Inc. (NN) shares surged 49% amid speculation positioning the company as an attractive acquisition target. 49% stock surge from acquisition target speculation signals potential major strategic shift and heightened investor interest.

17 Apr

4

Spartacus Acquisition (NN), now NextNav Inc., stock surges 26.6% amid speculation on remaining upside potential. 26.6% stock surge reflects major shift in investor sentiment and market dynamics for NextNav Inc.

16 Apr

4

Oppenheimer identifies NextNav Inc. (NN) as a potential acquisition target due to its valuable Sub-GHz spectrum holdings. Oppenheimer's view of NextNav as an acquisition target due to Sub-GHz spectrum could significantly enhance investor sentiment and stock performance.

6 Apr

4

NextNav (NN) valuation appears attractive amid building regulatory momentum for its next-generation positioning services and a broader rally in risk assets fueling positive investor sentiment. Regulatory momentum advances NextNav's core PNT technology approvals while risk asset rally amplifies positive market sentiment and valuation potential.

21 Mar

4

NextNav Inc. (NN) lands $9 million solar investment amid 82% stock surge and $3 billion revenue year. 82% stock surge and $3 billion revenue year demonstrate significant growth and market enthusiasm, enhanced by strategic $9 million solar bet.

19 Mar

4

NextNav Inc. (NN) valuation reviewed after FCC progress and 5G PNT network launch, highlighting potential growth in next-gen positioning tech amid regulatory wins. FCC progress and 5G PNT network launch mark major regulatory and technological advancements poised to enhance NextNav's competitive edge and investor interest.

18 Mar

4 transcript

NextNav (NN) released Q4 2025 earnings call transcript detailing financial results, operational updates, and future guidance. Earnings call transcripts disclose quarterly financials, strategic plans, and outlook, significantly influencing stock trajectory and investor sentiment.

3

NextNav Inc. (NN) shared Q4 earnings call highlights, detailing financial results, operational progress in vertical positioning and spectrum services, partnership updates, and outlook for 2024 growth amid 911 modernization efforts. Q4 earnings highlights provide insights into financials and guidance that moderately influence investor sentiment and stock trajectory.

stockrow.com/NN · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com