FY2025 · ended Dec 31, 2025 · Revenue $4.57M, -19.3% YoY · Filed Mar 17, 2026
NextNav Inc. (NN) files with the SEC under industry code 3812, Search, Detection, Navigation, Guidance, Aeronautical Sys. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $4.6 million and a net loss of $189.3 million. Free cash flow was -$50.8 million. As of Jun 30, 2026 it held $228.8 million in cash and investments and $286.8 million in total debt.
Revenue (TTM)
$3.98M
-36.5% vs year-ago TTM
Net income (TTM)
$-111.86M
+33.3% vs year-ago TTM
Operating cash flow (TTM)
$-53.06M
-19.4% vs year-ago TTM
Free cash flow (TTM)
$-53.07M
-18.8% vs year-ago TTM
EPS (TTM)
$-26.43
+8.5% vs year-ago TTM
Dividend per share
None
Shares outstanding
135.60M
+3.2% vs prior year
Net cash
$-57.91M
as of Jun 30, 2026
Operating margin
-1900.4%
FY 2026
Company profile
- Industry
- Search, Detection, Navigation, Guidance, Aeronautical Sys (SIC 3812)
- Listed as
- NN (Nasdaq), NXNVW (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Reston, VA
- SEC filer status
- Non-accelerated filer, Emerging growth company
- SEC CIK
- 1865631
- Former names
- Spartacus Acquisition Shelf Corp. (until Oct 22, 2021)
Other Search, Detection, Navigation, Guidance, Aeronautical Sys companies
- Northrop Grumman Corp /DE/ NOC
- Garmin Ltd GRMN
- L3HARRIS Technologies, Inc. /DE/ LHX
- Teledyne Technologies Inc TDY
- Leonardo DRS, Inc. DRS
- Intuitive Machines, Inc. LUNR
- Lyntris Inc. LYNX
- Applied Energetics, Inc. AERG
All 13 Search, Detection, Navigation, Guidance, Aeronautical Sys companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $4.6M | $5.7M | $3.9M | $3.9M | $763,000 |
| Operating income | -$70.2M | -$60.1M | -$63.5M | -$65.5M | -$42.4M |
| Net income | -$189.3M | -$101.9M | -$71.7M | -$40.1M | -$144.7M |
| Diluted EPS | -$1.42 | -$0.84 | -$0.66 | -$0.40 | — |
| Operating cash flow | -$50.7M | -$38.0M | -$35.4M | -$37.1M | -$47.9M |
| Free cash flow | -$50.8M | -$38.4M | -$38.2M | -$40.1M | -$49.0M |
| Total assets | $247.0M | $161.7M | $162.2M | $123.8M | $136.8M |
| Total liabilities | $333.3M | $111.6M | $82.1M | $19.9M | $36.9M |
| Stockholders' equity | -$86.2M | $50.1M | $78.7M | $100.0M | $100.0M |
| Cash and investments | $152.1M | $80.1M | $85.8M | $55.4M | $100.1M |
| Total debt | $288.6M | $71.4M | $66.1M | $7.8M | — |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Aug 11, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 11, 2026 | Aug 11, 2026 |
| 8-K |
Current report
Regulation FD disclosure, Other events
|
Jun 16, 2026 | Jun 15, 2026 |
| 8-K |
Current report
Shareholder vote results
|
May 27, 2026 | May 21, 2026 |
| 8-K |
Current report
Regulation FD disclosure, Other events
|
May 27, 2026 | May 27, 2026 |
| 10-Q | Quarterly report | May 14, 2026 | Mar 31, 2026 |
All 657 NextNav Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.