NextNav Inc. (NN) stock
NNNasdaqSearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends December 31Also trades as NXNVW
$8.71+0.26 (+3.08%)
Close on Nov 12, 2026Market cap $1.47BP/E –Yield –
NextNav gross margin
Gross margin is gross profit as a percentage of revenue.
NextNav's gross margin for the twelve months ending Sep 30, 2026 was -71.8%. For fiscal 2025 it was -86.7%, against -90.1% the year before. The highest annual figure on record is 69.6% in fiscal 2021.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | -86.7% | +3.4 |
| FY2024 | Dec 31, 2024 | -90.1% | −130.1 |
| FY2023 | Dec 31, 2023 | 40.0% | +0.8 |
| FY2022 | Dec 31, 2022 | 39.1% | −30.4 |
| FY2021 | Dec 31, 2021 | 69.6% | +126.5 |
| FY2020 | Dec 31, 2020 | -56.9% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | -21.2% | +108.9 |
| Q2 FY2026 | Jun 30, 2026 | -78.7% | −9.4 |
| Q1 FY2026 | Mar 31, 2026 | -113.3% | −48.7 |
| Q4 FY2025 | Dec 31, 2025 | -104.3% | −73.2 |
| Q3 FY2025 | Sep 30, 2025 | -130.1% | −69.2 |
| Q2 FY2025 | Jun 30, 2025 | -69.3% | +95.3 |
| Q1 FY2025 | Mar 31, 2025 | -64.6% | +99.4 |
| Q4 FY2024 | Dec 31, 2024 | -31.2% | +183.5 |
| Q3 FY2024 | Sep 30, 2024 | -60.9% | +231.9 |
| Q2 FY2024 | Jun 30, 2024 | -164.6% | +99.6 |
| Q1 FY2024 | Mar 31, 2024 | -164.0% | −210.2 |
| Q3 FY2023 | Sep 30, 2023 | -214.7% | −306.3 |
| Q2 FY2023 | Jun 30, 2023 | -292.8% | – |
| Q1 FY2023 | Mar 31, 2023 | -264.2% | – |
| Q1 FY2022 | Mar 31, 2022 | 46.3% | – |
| Q1 FY2021 | Mar 31, 2021 | 91.6% | – |
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