NextNav Balance Sheet
NASDAQ: NNIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
NextNav financial position
At the end of fiscal 2025, NextNav reported total assets of $247.0 million, up 52.7% from a year earlier against total liabilities of $333.3 million. Shareholders' equity was negative at -$86.2 million, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $44.8 million in cash and equivalents against $273.6 million of debt, a net debt position of $228.8 million.
The current ratio (current assets divided by current liabilities) was 12.71, meaning short-term assets cover obligations due within a year.
Summary generated from market data by MetaCap's automated system. Methodology
NextNav balance sheet (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 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 44.76M | 39.33M | 81.88M | 47.23M | 100.08M | 8.67M |
| Short-Term Investments | 107.38M | 40.78M | 3.95M | 8.22M | — | — |
| Receivables | 2.35M | 3.30M | 2.33M | 2.17M | 1.74M | 77.00K |
| Inventory | — | — | — | — | 4.60M | — |
| Total Current Assets | 157.41M | 86.05M | 91.22M | 61.19M | 106.33M | 18.07M |
| Property, Plant & Equipment | — | — | — | 19.18M | 21.76M | 1.26M |
| Goodwill | 19.16M | 16.97M | 17.98M | 17.49M | — | — |
| Intangible Assets | 42.17M | 9.59M | 10.63M | 10.40M | 4.09M | 4.14M |
| Total Assets | 247.02M | 161.74M | 162.16M | 123.79M | 136.82M | 44.90M |
| Accounts Payable | 661.00K | 858.00K | 391.00K | 1.02M | 448.00K | 680.00K |
| Total Current Liabilities | 12.38M | 12.14M | 9.80M | 8.89M | 6.68M | 4.24M |
| Long-Term Debt | 273.59M | 54.62M | 48.45M | 1.55M | 1.31M | — |
| Total Liabilities | 333.25M | 111.62M | 82.06M | 19.92M | 36.87M | 165.68M |
| Shareholders' Equity | -86.23M | 50.12M | 78.73M | 100.02M | 99.96M | -490.38M |
| Retained Earnings | -1.05B | -862.11M | -760.23M | -688.49M | -647.86M | -490.28M |
| Total Debt | 273.59M | 54.62M | 48.45M | 1.55M | 1.31M | — |
| Net Cash (Debt) | -121.45M | 25.49M | 37.38M | 53.90M | 98.77M | 8.67M |
| Shares Outstanding | 135.37M | 131.14M | 111.13M | 106.42M | 96.55M | 7.35M |
This table shows 6 annual periods of NextNav's balance sheet, from FY 2025 back to FY 2020, across 18 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow NN's reporting calendar. What is a balance sheet?