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NextNav Inc. NN R2K

Technology · Software - Infrastructure · United States
https://nextnav.com

NextNav Inc. provides positioning, navigation, and timing (PNT) solutions in the United States. The company offers Pinnacle, an accurate altitude service for public safety applications, including enhanced 911 for Verizon and national cellular network providers. It also provides TerraPoiNT, a 3D PNT system, provides positioning, navigation, and timing services provided by GPS through a land-based GPS satellite constellation. The company serves Wi-Fi, telecom, public safety, location apps, and critical infrastructure industries. The company was founded in 2007 and is headquartered in Reston, Virginia.

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$20.62
+64.30% 1Y

Market & Price

Market Cap
$2.81B
Current Price
$20.62
High / Low (52W)
$23.20 / $11.37
Beta
1.03

Valuation

Stock P/E
-
Industry PE
32.74
Forward P/E
-
PEG Ratio
-
Book Value
$-0.66
Price to Book
-31.20
P/S
698.27
EV/EBITDA
-45.09
Dividend Yield
-

Profitability & Returns

ROCE
-29.93%
ROE
-
ROA
-17.30%
Profit Margin
0.00%
Op Margin
-
EPS (Latest Qtr)
$-0.12
EPS (TTM)
$-1.09

Balance Sheet & Liquidity

Debt/Equity
-
Quick Ratio
10.23
Current Ratio
10.48
Debt
$281.47M
Total Assets
$247.02M
Current Assets
$157.41M
Working Capital
$145.03M

Ownership

Promoter Holding
28.23%
Chg in Prom Hold
0.01%
FII / Inst Holding
70.41%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$2.95B
Total Revenue (TTM)
$4.03M
EBITDA
$-65.41M
Free Cash Flow
$-19.81M
Operating Cash Flow
$-48.61M
Shares Outstanding
136.44M
Gross Margin
-
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
5.22%
Profit 5Y
-123.92%
Revenue (YoY)
-35.30%
Earnings (YoY)
-

PROS

  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Earnings shrank at -123.9% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 NN NextNav Inc. R2K 20.62 - $2.81B - -29.93% - 5.22% -123.92%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
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Quarterly Results

Figures in USD.

Metric Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 251.00K216.00K276.00K1.20M1.42M503.00K830.00K800.00K1.03M1.05M1.10M-1.54M1.20M887.00K945.00K995.00K
Cost of Revenue ------------2.53M2.04M2.04M1.93M2.12M
Gross Profit -------------994.00K-833.00K-1.15M-986.00K-1.13M
Operating Expenses ------------16.01M16.41M18.71M15.14M18.22M
Operating Income -12.61M-8.64M-7.03M-16.05M-17.02M-17.94M-13.95M-15.03M-14.62M-16.15M-15.33M--17.00M-17.24M-19.86M-16.12M-19.34M
EBITDA -------------15.55M-58.78M7.25M43.38M-17.81M
Interest Expense -----------2.22M-3.02M3.18M--
Pretax Income -------------58.52M-63.15M529.00K-67.91M-10.56M
Tax Provision ------------58.00K42.00K46.00K52.00K56.00K
Net Income -27.07M-38.98M-32.42M-9.71M827.00K-18.73M-16.35M-15.77M-23.22M-31.61M-24.39M--58.58M-63.20M483.00K-67.96M-10.62M
Diluted EPS --6.07--0.100.01-0.18-0.15-0.15-0.21-0.28-0.21-0.11-0.45-0.48-0.12--0.12
R&D Expense 2.38M2.53M1.98M3.99M4.17M4.57M4.58M4.99M5.01M4.67M4.11M3.54M4.04M4.82M5.15M-5.94M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 569.00K-3.93M3.86M5.67M4.57M
Cost of Revenue --11.81M12.74M10.78M8.54M
Gross Profit ---7.88M-8.88M-5.11M-3.97M
Operating Expenses --57.66M54.65M54.99M66.27M
Operating Income -29.47M--65.54M-63.53M-60.10M-70.23M
EBITDA ---61.87M-58.71M-54.86M-62.48M
Interest Expense -17.84M----
Pretax Income ---40.14M-71.51M-101.71M-189.06M
Tax Provision ---28.00K221.00K173.00K198.00K
Net Income -137.34M--40.12M-71.73M-101.88M-189.25M
Diluted EPS ---0.40-0.66-0.84-1.42
R&D Expense 8.78M9.46M17.06M19.50M16.24M18.95M

Compounded Sales Growth

5 Years:5.22%
1 Year:-35.30%

Compounded Profit Growth

5 Years:-123.92%
1 Year:-

Stock Price Performance

1 Year:+64.30%
6 Months:+48.99%
3 Months:+28.15%
1 Month:+15.00%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -44.90M-123.79M162.16M161.74M247.02M
Current Assets ---61.19M91.22M86.05M157.41M
Cash & Equivalents ---47.23M81.88M39.33M44.76M
Inventory -------
Receivables ---2.17M2.33M3.30M2.35M
Total Liabilities -165.68M-19.92M82.06M111.62M333.25M
Current Liabilities -4.24M-8.89M9.80M12.14M12.38M
Long Term Debt ----48.45M54.62M273.59M
Total Debt ---7.82M66.11M71.44M288.60M
Total Equity -327.36M-490.38M-100.02M78.73M50.12M-86.23M
Shares Outstanding ---106.42M111.26M131.27M135.50M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -28.41M--37.09M-35.44M-38.01M-50.74M
Investing Cash Flow -7.18M--15.74M1.07M-39.47M-64.55M
Financing Cash Flow 34.77M-43.00K68.98M35.10M120.48M
Capital Expenditure -6.42M--3.58M-3.73M-792.00K-474.00K
Free Cash Flow -34.82M--40.67M-39.17M-38.80M-51.22M
Net Change in Cash ---52.79M34.62M-42.37M5.18M
Share Buybacks --4.00K---

Ratios (Annual)

Figures in %.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ---200.7%-230.0%-90.1%-86.7%
Operating Margin % -5,179.1%--1,669.3%-1,645.0%-1,060.1%-1,535.8%
Net Margin % -24,136.4%--1,021.8%-1,857.5%-1,797.1%-4,138.5%
ROE % 28.0%--40.1%-91.1%-203.3%219.5%
ROCE % -72.5%--57.0%-41.7%-40.2%-29.9%

Shareholding Pattern

Insiders
28.23%
Institutions
70.41%
Public Float
98.11%

Top Institutional Holders

#Holder% HeldSharesValue
1 Fortress Investment Group LLC 10.39% 14.18M $292.35M
2 Clutterbuck Capital Management LLC 6.82% 9.30M $191.78M
3 Blackrock Inc. 5.48% 7.48M $154.19M
4 Wolf Hill Capital Management, LP 5.16% 7.04M $145.17M
5 Susquehanna Advisors Group, Inc 4.07% 5.55M $114.44M
6 Vanguard Capital Management LLC 2.86% 3.90M $80.47M
7 UBS Group AG 1.92% 2.62M $54.08M
8 Milfam LLC 1.84% 2.52M $51.86M
9 Vanguard Portfolio Management LLC 1.72% 2.35M $48.51M
10 Geode Capital Management, LLC 1.72% 2.34M $48.30M

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