Nextnav Inc (NN) financials
Nextnav revenue and earnings by year
Nextnav's revenue was $4.57 million in the fiscal year to December 31, 2025, down 19.3% from the year before. Net income was -$189 million, -4138.5% of revenue. Since the fiscal year to December 31, 2019, revenue has grown 74.1% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 7 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 5 | 6 | 4 | 4 | 1 | 1 | 0 |
| Revenue growth | -19.3% | 46.8% | -1.6% | 414.5% | 34.1% | 247.0% | — |
| Gross profit | -4 | -5 | -9 | -8 | -18 | -7 | -6 |
| Gross margin | -86.7% | -90.1% | -230.0% | -200.7% | -2310.2% | -1265.6% | -3367.7% |
| Operating income | -70 | -60 | -64 | -66 | -42 | -29 | -17 |
| Operating margin | -1535.8% | -1060.1% | -1645.0% | -1669.3% | -5560.8% | -5179.1% | -10537.2% |
| Net income | -189 | -102 | -72 | -40 | -145 | -137 | -18 |
| Net margin | -4138.5% | -1797.1% | -1857.5% | -1021.8% | -18960.2% | -24136.4% | -11159.8% |
| Diluted EPS | -$1.42 | -$0.84 | -$0.66 | -$0.40 | — | — | — |
| Free cash flow | -51 | -38 | -38 | -40 | -49 | -35 | -16 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open NN in Markets.
How Nextnav makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Commercial Services | $1.12M | 97.4% |
| Government Contract Services | $30.0K | 2.6% |
See also: NN returns
No forecast, no recommendation. This page describes Nextnav Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.