NextNav Inc. income statement NN

Annual Quarterly

In fiscal 2025, which ended Dec 31, 2025, NextNav Inc. reported revenue of $4.6 million, down 19.3% from the year before. It recorded a net loss of $189.3 million. The operating loss came to $70.2 million, an operating margin of -1535.8%. Diluted earnings per share were -$1.42. Over the twelve months ended Jun 30, 2026, revenue was $4.0 million and the net loss was $111.9 million. Across the 5 fiscal years shown, revenue grew from $763,000 in fiscal 2021 to $4.6 million in fiscal 2025, about 56.5% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

FY 2026
Jun 30, 2026
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
-36.5%
5
-19.3%
6
+46.8%
4
-1.6%
4
+414.5%
1
Cost of revenue
—
—
1
-68.6%
2
-3.0%
2
+929.7%
0
Gross profit
—
—
5
+219.9%
2
+0.5%
2
+189.5%
1
Research and development
21
+31.7%
19
+16.7%
16
-16.7%
20
+14.3%
17
+80.2%
9
Selling, general and administrative
42
+11.7%
40
+18.1%
34
+10.5%
30
-17.9%
37
+172.4%
14
Operating income
-76
-20.2%
-70
-16.9%
-60
+5.4%
-64
+3.1%
-66
-54.5%
-42
Pretax income
-112
+33.3%
-189
-85.9%
-102
-42.2%
-72
-78.1%
-40
+72.2%
-145
Equity in earnings of affiliates
-0
+97.0%
0
+133.1%
-0
+8.4%
-0
+17.0%
-0
—
Income tax
0
+32.9%
0
+14.5%
0
-21.7%
0
+889.3%
-0
-153.8%
0
Net income
-112
+33.3%
-189
-85.8%
-102
-42.0%
-72
-78.8%
-40
+72.3%
-145
Basic EPS
-31.18
-7.9%
-1.42
-69.0%
-0.84
-27.3%
-0.66
-65.0%
-0.40
—
Diluted EPS
-26.43
+8.5%
-1.42
-69.0%
-0.84
-27.3%
-0.66
-65.0%
-0.40
—
Weighted average shares, basic
4
-38.2%
0
+9.4%
0
-99.9%
108
+6.9%
101
—
Weighted average shares, diluted
4
-27.0%
0
+9.4%
0
-99.9%
108
+6.9%
101
—
Other measures
Depreciation and amortization
8
+43.8%
8
+48.0%
5
+8.6%
5
+31.3%
4
+106.0%
2
EBITDA
-68
-18.0%
-62
-13.9%
-55
+6.6%
-59
+5.1%
-62
-52.2%
-41
Interest coverage
—
—
—
—
—
-2.38x
Margins
Gross margin
—
—
87.14%
39.98%
39.15%
69.59%
Operating margin
-1,900.43%
-1,535.80%
-1,060.12%
-1,644.98%
-1,669.28%
-5,560.81%
Pretax margin
-2,807.17%
-4,134.16%
-1,794.07%
-1,851.73%
-1,022.52%
-18,953.34%
Profit margin
-2,812.55%
-4,138.49%
-1,797.12%
-1,857.46%
-1,021.80%
-18,960.16%
EBITDA margin
-1,704.25%
-1,366.32%
-967.72%
-1,520.15%
-1,575.78%
-5,327.26%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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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)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.