NextNav Inc. (NN) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 147.86M | 157.41M | 172.25M | 181.95M | 193.47M | 86.05M | 104.4M | 104.16M | 96.79M | 91.22M | 102.16M | 89.78M | 51.62M | 61.19M | 74.9M | 85.52M | 96.72M | 106.33M | 10.06M | 17.45M |
| Cash & Short-Term Investments | 142.96M | 152.14M | 167.58M | 176.05M | 188.41M | 80.11M | 86.77M | 86.33M | 79.24M | 85.83M | 97.09M | 85.01M | 46.8M | 55.45M | 71.76M | 82.52M | 93.78M | 100.08M | 1.64M | 7.74M |
| Cash Only | 30.6M | 44.76M | 89.99M | 58.87M | 150.42M | 39.33M | 67.91M | 62.97M | 73.32M | 81.88M | 90.13M | 52.78M | 43.81M | 47.23M | 63.59M | 82.52M | 93.78M | 100.08M | 1.64M | 7.74M |
| Short-Term Investments | 112.36M | 107.38M | 77.58M | 117.19M | 37.99M | 40.78M | 18.86M | 23.35M | 5.92M | 3.95M | 6.96M | 32.23M | 2.99M | 8.22M | 8.17M | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.38M | 2.35M | 1.43M | 2.24M | 1.65M | 3.3M | 2.23M | 2.25M | 1.5M | 2.33M | 2.74M | 1.83M | 1.19M | 2.17M | 1.44M | 971K | 37K | 1.74M | 0 | 0 |
| Days Sales Outstanding | 168.51 | 183.9 | 190.28 | 146.95 | 144.62 | 133.26 | 128.32 | 154.16 | 166.51 | 193.54 | 204.6 | 171.71 | 182.01 | 206.8 | 220.67 | 32.28 | 66.69 | 8K | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 3.52M | 2.93M | 3.24M | 3.66M | 3.41M | 2.63M | 15.39M | 15.59M | 16.05M | 3.06M | 2.32M | 2.93M | 3.63M | 3.58M | 1.69M | 2.03M | 2.91M | 4.52M | 7.31M | 5.11M |
| Total Non-Current Assets | 87.78M | 90.68M | 90.82M | 74.79M | 75.14M | 75.69M | 67.27M | 68.17M | 68.84M | 70.94M | 70.97M | 71.69M | 65.39M | 62.6M | 38.98M | 38.42M | 39.41M | 30.49M | 30.12M | 27.09M |
| Property, Plant & Equipment | 25.62M | 26.62M | 28.35M | 32.4M | 34.3M | 35.34M | 37.58M | 39.11M | 39.33M | 40.83M | 41.81M | 41.69M | 35.23M | 29.3M | 32.92M | 33.35M | 34.31M | 21.76M | 22.54M | 22.87M |
| Fixed Asset Turnover | 0.04x | 0.03x | 0.03x | 0.04x | 0.04x | 0.05x | 0.04x | 0.03x | 0.03x | 0.03x | 0.02x | 0.02x | 0.03x | 0.03x | 0.02x | 0.04x | 0.04x | 0.00x | 0.01x | 0.01x |
| Goodwill | 18.7M | 19.16M | 19.1M | 19.09M | 17.64M | 16.97M | 18.18M | 17.45M | 17.58M | 17.98M | 17.24M | 17.74M | 17.82M | 17.49M | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 41.89M | 42.17M | 42.38M | 9.64M | 9.45M | 9.59M | 10.18M | 10.14M | 10.36M | 10.63M | 10.35M | 10.62M | 10.6M | 10.4M | 4.15M | 4.1M | 4.06M | 4.09M | 4.11M | 4.07M |
| Long-Term Investments | 0 | 1.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 900 | 1M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.57M | 561K | 984K | 13.66M | 13.74M | 13.8M | 1.33M | 1.48M | 1.57M | 1.51M | 1.57M | 1.65M | 1.73M | 5.41M | 915K | 976K | 1.04M | 4.64M | 3.47M | 153K |
| Total Assets | 235.64M | 248.09M | 263.07M | 256.74M | 268.61M | 161.74M | 171.67M | 172.34M | 165.63M | 162.16M | 173.12M | 161.47M | 117.01M | 123.79M | 113.88M | 123.95M | 136.14M | 136.82M | 40.18M | 44.53M |
| Asset Turnover | 0.00x | 0.00x | 0.00x | 0.00x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.00x | 0.01x | 0.01x | 0.00x | 0.01x | 0.00x |
| Asset Growth % | -12.27% | 53.39% | 53.24% | 48.98% | 62.17% | -0.26% | -0.84% | 6.73% | 41.55% | 31% | 52.03% | 30.27% | -14.05% | -9.53% | 183.41% | 178.32% | -33.24% | 204.71% | - | - |
| Total Current Liabilities | 14.1M | 12.38M | 14.93M | 12.16M | 11.55M | 12.14M | 20.82M | 17.57M | 24.14M | 9.8M | 11.2M | 9.68M | 8.15M | 8.89M | 9.01M | 7.67M | 9.11M | 6.68M | 6.81M | 7.46M |
| Accounts Payable | 1.5M | 661K | 837K | 1.61M | 1.13M | 858K | 918K | 1.15M | 1.27M | 391K | 916K | 879K | 656K | 1.02M | 1.52M | 437K | 1.14M | 448K | 1.79M | 2.07M |
| Days Payables Outstanding | 26.62 | 20.67 | 55.15 | 36.84 | 35.34 | 32.59 | 36.71 | 37.56 | 27.36 | 17.97 | 25.55 | 22.23 | 24.93 | 39.69 | 31.74 | 23.88 | 23.5 | 15.34 | 85.86 | 85.42 |
| Short-Term Debt | 2.51M | 2.67M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 633K | 491K | 422K | 353K | 310K | 288K | 303K | 215K | 287K | 297K | 71K | 64K | 60K | 95K | 0 | 0 | 0 | 1.63M | 0 | 0 |
| Other Current Liabilities | 9.46M | 3.33M | 0 | 0 | 0 | 0 | 7.57M | 7.91M | 17.28M | 0 | 0 | 0 | 0 | 2.82M | 44K | 10K | 469K | 0 | 0 | 0 |
| Current Ratio | 10.49x | 12.71x | 11.54x | 14.97x | 16.75x | 7.09x | 5.01x | 5.93x | 4.01x | 9.31x | 9.12x | 9.28x | 6.33x | 6.89x | 8.31x | 11.15x | 10.62x | 15.92x | 1.48x | 2.34x |
| Quick Ratio | 10.49x | 12.71x | 11.54x | 14.97x | 16.75x | 7.09x | 5.01x | 5.93x | 4.01x | 9.31x | 9.12x | 9.28x | 6.33x | 6.89x | 8.31x | 11.15x | 10.62x | 15.92x | 1.48x | 2.34x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 311.51M | 321.94M | 270.25M | 291.8M | 250.49M | 99.47M | 85.28M | 90.91M | 84.22M | 72.26M | 77.81M | 56.71M | 16.34M | 11.04M | 12.43M | 11.74M | 30.09M | 30.19M | 251.36M | 222.97M |
| Long-Term Debt | 11.77M | 273.59M | 230.12M | 246.29M | 213.1M | 54.62M | 52.97M | 51.4M | 49.89M | 48.45M | 47.07M | 34.04M | 0 | 0 | 0 | 0 | 0 | 0 | 82.19M | 76.09M |
| Capital Lease Obligations | 0 | 12.34M | 12.92M | 13.48M | 14.2M | 14.35M | 15.38M | 15.99M | 14.97M | 15.14M | 15.08M | 13.76M | 7.74M | 5.29M | 5.61M | 5.9M | 6.63M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 1.07M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 299.74M | 34.94M | 27.21M | 32.02M | 23.19M | 30.5M | 16.93M | 23.53M | 19.36M | 8.67M | 15.67M | 8.91M | 8.6M | 5.75M | 6.82M | 5.84M | 23.46M | 30.19M | 169.17M | 146.88M |
| Total Liabilities | 325.61M | 334.33M | 285.19M | 303.96M | 262.03M | 111.62M | 106.1M | 108.49M | 108.36M | 82.06M | 89.02M | 66.39M | 24.49M | 19.92M | 21.43M | 19.41M | 39.2M | 36.87M | 258.17M | 230.43M |
| Total Debt | 14.28M | 288.6M | 245.81M | 262.6M | 230.09M | 71.44M | 70.89M | 69.81M | 67.29M | 66.11M | 64.78M | 50.56M | 10.18M | 7.82M | 8.36M | 8.87M | 9.75M | 0 | 82.19M | 76.09M |
| Net Debt | -16.32M | 243.84M | 155.81M | 203.74M | 79.67M | 32.1M | 2.99M | 6.84M | -6.03M | -15.76M | -25.36M | -2.22M | -33.63M | -39.41M | -55.23M | -73.66M | -84.03M | -100.08M | 80.55M | 68.35M |
| Debt / Equity | - | - | - | - | 35.01x | 1.43x | 1.08x | 1.09x | 1.17x | 0.83x | 0.77x | 0.53x | 0.11x | 0.08x | 0.09x | 0.08x | 0.10x | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -4.94x | -4.60x | 1.17x | -5.71x | -6.21x | 0.99x | -5.13x | -9.48x | -7.45x | - | -12.33x | -43.82x | - | - | - | - | - | -0.79x | -2.31x | -2.81x |
| Total Equity | -89.97M | -86.23M | -22.12M | -47.22M | 6.57M | 50.12M | 65.57M | 63.85M | 57.27M | 80.1M | 84.11M | 95.08M | 92.52M | 103.86M | 92.44M | 104.54M | 96.94M | 99.96M | -217.99M | -185.9M |
| Equity Growth % | -1468.74% | -272.05% | -133.73% | -173.95% | -88.52% | -37.42% | -22.04% | -32.85% | -38.1% | -22.88% | -9.02% | -9.05% | -4.56% | 3.91% | 142.41% | 156.24% | -46.13% | 120.38% | - | - |
| Book Value per Share | -0.59 | -0.65 | -0.15 | -0.36 | 0.05 | 0.41 | 0.52 | 0.55 | 0.52 | 0.73 | 0.78 | 0.89 | 0.87 | 0.98 | 0.91 | 1.02 | 0.96 | 1.05 | -2.28 | -1.95 |
| Total Shareholders' Equity | -89.97M | -86.23M | -22.12M | -47.22M | 6.57M | 50.12M | 65.57M | 63.85M | 55.91M | 78.73M | 80.26M | 91.23M | 88.67M | 100.02M | 92.44M | 104.54M | 96.94M | 99.96M | -217.99M | -185.9M |
| Common Stock | 15K | 15K | 15K | 15K | 14K | 14K | 14K | 14K | 12K | 12K | 12K | 12K | 12K | 12K | 11K | 11K | 11K | 11K | 2K | 2K |
| Retained Earnings | -1.06B | -1.05B | -983.4M | -983.88M | -920.68M | -862.11M | -829.84M | -816.23M | -791.84M | -760.23M | -743.83M | -720.61M | -704.84M | -688.49M | -675.99M | -657.26M | -658.09M | -647.86M | -601.66M | -569.24M |
| Treasury Stock | 0 | -693K | -693K | -693K | -693K | -693K | -693K | -693K | -665K | -665K | -4K | -4K | -4K | -4K | -4K | -1K | -1K | 0 | 0 | 0 |
| Accumulated OCI | 3.03M | 3.81M | 3.74M | 3.81M | 1.66M | 665K | 2.5M | 1.5M | 1.68M | 2.2M | 1.15M | 1.82M | 1.8M | 1.37M | -145K | -143K | -134K | -121K | -115K | -96K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.36M | 1.36M | 3.85M | 3.85M | 3.85M | 3.85M | 0 | 0 | 0 | 0 | 0 | 0 |