NextNav Financial Statements
NASDAQ: NNIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
NextNav revenue and earnings
In fiscal 2025, NextNav generated $4.6 million in revenue, down 19.3% from fiscal 2024, its first annual decline since 2023. NextNav reported a net loss of $189.3 million, compared with a loss of $101.9 million a year earlier. Gross margin was -86.7% (down from 87.1%) and operating margin -1535.8%.
Diluted earnings per share came in at -$1.42. Over the last 5 fiscal years, NN's revenue has grown at a 51.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
NextNav income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 4.57M | 5.67M | 3.86M | 3.93M | 763.00K | 569.00K |
| Revenue growth (YoY) | -19.33% | +46.79% | -1.63% | +414.55% | +34.09% | — |
| Cost of Revenue | 8.54M | 729.00K | 2.32M | 2.39M | 232.00K | 893.00K |
| Gross Profit | -3.97M | 4.94M | 1.54M | 1.54M | 531.00K | -324.00K |
| Operating Expenses | 66.27M | 65.77M | 67.39M | 69.46M | 43.19M | 30.04M |
| Research & Development | 18.95M | 16.24M | 19.50M | 17.06M | 9.46M | 8.78M |
| Selling, General & Admin | 39.56M | 33.51M | 30.32M | 36.93M | 13.55M | 13.26M |
| Operating Income | -70.23M | -60.10M | -63.53M | -65.54M | -42.43M | -29.47M |
| Interest Expense | — | — | — | — | 17.84M | 10.04M |
| Other Income (Expense) | -9.06M | 970.00K | -220.00K | -184.00K | -26.00K | -188.00K |
| Pretax Income | -189.06M | -101.71M | -71.51M | -40.14M | -144.61M | -137.30M |
| Income Tax | 198.00K | 173.00K | 221.00K | -28.00K | 52.00K | 38.00K |
| Net Income | -189.25M | -101.88M | -71.73M | -40.12M | -144.67M | -137.34M |
| Net Income growth (YoY) | — | — | — | — | — | — |
| EPS (Basic) | -1.42 | -0.84 | -0.66 | -0.40 | -6.73 | -23.20 |
| EPS (Diluted) | -1.42 | -0.84 | -0.66 | -0.40 | -6.73 | -23.20 |
| Shares Outstanding (Basic) | 132.87K | 121.50K | 107.97M | 101.03M | 23.56K | 7.35M |
| Shares Outstanding (Diluted) | 132.87K | 121.50K | 107.97M | 101.03M | 23.56K | 7.35M |
| EBITDA | -62.48M | -54.86M | -58.71M | -61.87M | -40.65M | -29.23M |
| Gross Margin | -86.75% | 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% |
This table shows 6 annual periods of NextNav's income statement, from FY 2025 back to FY 2020, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow NN's reporting calendar. What is a income statement?