NextNav Inc. (NN) stock
NNNasdaqSearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends December 31Also trades as NXNVW
$8.73+0.02 (+0.23%)
Close on Nov 13, 2026Market cap $1.47BP/E –Yield –
NextNav r&d expenses
Research and development expenses are spending on new products and technology.
NextNav's R&D Expenses for the twelve months ending Sep 30, 2026 was $21.53M, up 20.1% year over year. For fiscal 2025 it was $18.95M, up 16.7% from the year before. The highest annual figure on record is $19.50M in fiscal 2023.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $18.95M | +16.7% |
| FY2024 | Dec 31, 2024 | $16.24M | -16.7% |
| FY2023 | Dec 31, 2023 | $19.50M | +14.3% |
| FY2022 | Dec 31, 2022 | $17.06M | +80.2% |
| FY2021 | Dec 31, 2021 | $9.47M | +7.8% |
| FY2020 | Dec 31, 2020 | $8.78M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $5.19M | +0.7% |
| Q2 FY2026 | Jun 30, 2026 | $5.46M | +13.2% |
| Q1 FY2026 | Mar 31, 2026 | $5.94M | +47.1% |
| Q4 FY2025 | Dec 31, 2025 | $4.94M | +26.0% |
| Q3 FY2025 | Sep 30, 2025 | $5.15M | +45.4% |
| Q2 FY2025 | Jun 30, 2025 | $4.82M | +17.4% |
| Q1 FY2025 | Mar 31, 2025 | $4.04M | -13.5% |
| Q4 FY2024 | Dec 31, 2024 | $3.92M | -20.5% |
| Q3 FY2024 | Sep 30, 2024 | $3.55M | -29.2% |
| Q2 FY2024 | Jun 30, 2024 | $4.11M | -17.7% |
| Q1 FY2024 | Mar 31, 2024 | $4.67M | +2.0% |
| Q4 FY2023 | Dec 31, 2023 | $4.92M | +13.6% |
| Q3 FY2023 | Sep 30, 2023 | $5.01M | +9.6% |
| Q2 FY2023 | Jun 30, 2023 | $4.99M | +19.8% |
| Q1 FY2023 | Mar 31, 2023 | $4.58M | +14.8% |
| Q4 FY2022 | Dec 31, 2022 | $4.33M | +68.6% |
| Q3 FY2022 | Sep 30, 2022 | $4.57M | +130.7% |
| Q2 FY2022 | Jun 30, 2022 | $4.17M | +64.8% |
| Q1 FY2022 | Mar 31, 2022 | $3.99M | +67.4% |
| Q4 FY2021 | Dec 31, 2021 | $2.57M | – |
| Q3 FY2021 | Sep 30, 2021 | $1.98M | – |
| Q2 FY2021 | Jun 30, 2021 | $2.53M | – |
| Q1 FY2021 | Mar 31, 2021 | $2.38M | – |
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