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NNNextNav Inc.
$16.89$2.3B
Overview & Verdict
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NN logoNextNav Inc.(NN)Earnings, Financials & Key Ratios

NN•NASDAQ
$16.89
Price updated Jul 7, 2026
SectorCommunication ServicesIndustryInternet ServicesSub-IndustryConsumer Apps and Utility Platforms
AboutNextNav Inc. provides next generation global positioning system (GPS) and 3D geolocation services. The company delivers next generation positioning, navigation, and timing solutions through its network-based Pinnacle and TerraPoiNT solutions. Its Pinnacle 3D geolocation service is commercially available in approximately 4,400 cities and towns in the United States; and its TerraPoiNT terrestrial-based encrypted network has deployments in 51 total markets nationally. The company sells its solutions directly to customers or through partners. The company was founded in 2007 and is headquartered in McLean, Virginia.Show more
  • Revenue$5M-19.3%
  • EBITDA-$62M-12.6%
  • Net Income-$189M-85.8%
  • EPS (Diluted)-1.42-69.0%
  • Gross Margin-256.22%-184.4%
  • EBITDA Margin-1366.32%-39.6%
  • Operating Margin-1535.8%-44.9%
  • Net Margin-4138.49%-130.3%

NN Price & Volume

NextNav Inc. (NN) stock price & volume — 10-year historical chart

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Persistent Revenue Contraction Challenges Infrastructure Capital Sustainability

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Decelerating
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Liquidity and regulatory dependency

Key Thesis Takeaways

  • NextNav faces a precarious financial outlook characterized by a 35.3% year-over-year revenue decline as of 2026Q1 and a structural inability to achieve positive gross margins, which recently stood at -2.7%.
  • The company's reliance on high-cost terrestrial beacon infrastructure, coupled with a negative equity position of $90.0 million, suggests significant long-term solvency risks.
  • Investors should monitor the company's ability to secure commercial adoption, as current cash reserves of $30.6 million appear insufficient to support ongoing operational burn without further dilutive financing.

Verdict Logic

the company's rapid depletion of cash reserves from $150.4 million in 2025Q1 to $30.6 million in 2026Q1, combined with a negative equity position, indicates a high probability of future shareholder dilution.

NN Growth Metrics

NextNav Inc. (NN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years51.71%
3 Years5.22%
TTM-34.62%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-9.66%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-4.81%

Return on Capital

10 Years-52.7%
5 Years-45.39%
3 Years-41.27%
Last Year-36.46%

NN Recent Earnings

NextNav Inc. (NN) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 3/12 qtrs (25%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 14, 2026
Metric
Actual
Est
EPS
$0.12+14.3%
$0.14
Rev
$995,000+5.5%
$943,500
Q2 2026
Mar 17, 2026
Metric
Actual
Est
EPS
$0.13+0.0%
$0.13
Rev
$943,000+10.0%
$857,000
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$0.12+14.3%
$0.14
Rev
$887,000+3.5%
$857,000
Q3 2025
Aug 6, 2025
Metric
Actual
Est
EPS
$0.30-114.3%
$0.14
Rev
$1M+6.2%
$1M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 14, 2026
$0.12vs $0.14+14.3%
$995,000vs $943,500+5.5%
Q2 2026Mar 17, 2026
$0.13vs $0.13+0.0%
$943,000vs $857,000+10.0%
Q4 2025Nov 6, 2025
$0.12vs $0.14+14.3%
$887,000vs $857,000+3.5%
Q3 2025Aug 6, 2025
$0.30vs $0.14-114.3%
$1Mvs $1M+6.2%
Based on last 12 quarters of dataView full earnings history →

Latest NN News

Recent stock market news and headlines for NextNav Inc. (NN)

Business Wire·Jun 30, 2026
NextNav Completes Redemption of Warrants and Convertible Notes

RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (NASDAQ: NN) ("NextNav" or the "Company"), a leader in next-generation 3D Positioning, Navigation, and Timing (PNT) solutions, today announced the completion of two significant milestones: (i) the redemption of all outstanding public warrants (NASDAQ: NNAVW) (the “Warrants”); and (ii) the redemption of all outstanding 5.00% Senior Secured Convertible Notes due in 2028 (the “Notes”). Through these transactions, NextNav received approximately $170 millio.

GlobeNewsWire·Jun 22, 2026
NN, Inc. Executive Management to Present at the iAccess Alpha Virtual Best Ideas Summer Investment Conference 2026

CHARLOTTE, N.C., June 22, 2026 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR) a global diversified industrial company that engineers and manufactures high-precision components and assemblies with six sigma quality, announces that senior management will present at the iAccess Alpha Virtual Best Ideas Summer Investment Conference 2026, taking place June 23–24, 2026. Representing the company, Chief Executive Officer Harold Bevis, Chief Financial Officer Chris Bohnert, and Chief Operating Officer Tim French will deliver a company presentation at 9:00 AM ET on June 23, followed by one-on-one meetings with pre-qualified investors on June 24.

Business Wire·Jun 15, 2026
NextNav Announces Redemption of 5.00% Senior Secured Convertible Notes

RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (NASDAQ: NN) (“NextNav or the “Company”) a leader in next-generation 3D positioning, navigation, and timing (PNT) solutions, today announced that it has delivered a notice of redemption for all of its outstanding 5.00% Senior Secured Convertible Notes due 2028 (the “Notes”). The Notes will be redeemed on June 25, 2026 (the “Redemption Date”), at a price equal to 100% of their principal amounts, plus accrued but unpaid interest (the “Redemption Price”),.

Peers Comparison

Key metrics vs top competitors for NextNav Inc. (NN)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
NN logoNNNextNav Inc.Current
$16.89$2.3B-11.89-19.33%-4138.49%——
TRMB logoTRMBTrimble Inc.
$53.73$12.73B30.70-2.61%12.37%7.95%—
ACEL logoACELAccel Entertainment, Inc.
$12.42$1.01B20.708.12%3.79%18.97%—
GRMN logoGRMNGarmin Ltd.
$248.68$47.96B28.9515.06%23.26%19.93%—
NOVT logoNOVTNovanta Inc.
$147.85$5.27B100.583.3%5.35%5.08%—
SATS logoSATSEchoStar Corporation
$97.96$28.23B-1.94-5.18%-157.17%-243.07%—

Compare NN vs Peers

NextNav Inc. (NN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs TRMB

Most directly comparable listed peer for NN.

Scale Benchmark

vs QCOM

Larger-name benchmark to compare NN against a more recognizable public peer.

Peer Set

Compare Top 5

vs TRMB, ACEL, GRMN, NOVT

NN SEC Filings & Documents

NextNav Inc. (NN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 14, 2026·SEC

Material company update

Mar 17, 2026·SEC

Material company update

Feb 27, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 17, 2026·SEC

FY 2025

Mar 12, 2025·SEC

FY 2024

Mar 13, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 14, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 6, 2025·SEC

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NN Frequently Asked Questions

NextNav Inc. (NN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is NextNav Inc.'s revenue?

NextNav Inc. (NN) reported $4.0M in revenue for fiscal year 2025. This represents a 2357% increase from $0.2M in 2019.

How fast is NextNav Inc. growing?

NextNav Inc. (NN) saw revenue decline by 19.3% over the past year.

Is NN profitable?

NextNav Inc. (NN) reported a net loss of $141.3M for fiscal year 2025.

Dividend & Returns
What is NextNav Inc.'s free cash flow?

NextNav Inc. (NN) had negative free cash flow of $48.8M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in NN back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →