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Navan, Inc.
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Navan, Inc.

NAVN

Navan is a global AI-powered business travel and expense platform that unifies travel booking, expense management, and payment solutions.

Market cap
$5.57B+25.7%

Earnings

Next report

Aug 12, 2026 (in 2 months)
Revenue estimate$220.5M
EPS estimate$0.04

Financials

Q1 2027

Income statement

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Revenue$220.2M+39.9%
Gross profit$163.1M+45.9%
Operating income-$18.1M-13.9%
Net income-$20.5M+66.5%
EPS (diluted)-$0.08+94.0%

Balance sheet

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Cash & equivalents$645.0M+70.1%
Total debt$172.5M
Total equity$1.2B+204%
Total assets$1.7B

Cash flow

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Operating cash flow-$6.8M-249%
CapEx$105.0K+16.7%
Free cash flow-$6.9M-255%

Valuation & ratios

Valuation

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Market cap$5.57B
Enterprise value$5.1B
P/S7.3×

Profitability

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Gross margin72.1%
Operating margin-26%
Net margin-46.7%
FCF margin-41.5%

Returns & leverage

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Return on equity-1,572.6%
Debt / equity0.1×
Current ratio4.3×

Competitors

Profile

Navan is a global AI-powered business travel and expense platform that unifies travel booking, expense management, and payment solutions. The company leverages its proprietary AI framework, Navan Cognition, to automate complex tasks and provide real-time visibility and control over corporate spend for organizations of all sizes.

Competitive position

Navan positions itself as a modern, AI-first alternative to legacy travel management companies by unifying travel and expense on a single proprietary cloud infrastructure.

GeographiesGlobal, North America, Europe
Customer segmentsCorporate, Enterprise, Business Travelers
Business modelSubscription SaaS, Transaction-based, B2B
SuppliersAirlines, Hotel chains, Car rental agencies, Global Distribution Systems (GDS), Cloud infrastructure providers
CustomersCorporate travel managers, Finance departments, Individual business travelers, Event planners
Listed2025
CEOAriel Cohen
Websitenavan.com
FilingsSEC EDGAR

Questions, answered.

What is Navan, Inc. 's market cap?
Navan, Inc. (NAVN) has a market capitalization of $5.6B and trades on NASDAQ.
What is Navan, Inc. 's revenue and profitability?
Navan, Inc. generated $765.0M in trailing twelve-month revenue with a net loss of $357.3M, representing a net margin of -46.7%. Gross margin stands at 72.1%, with free cash flow of $23.1M. These figures are based on the Q2 2026 filing.
Who are Navan, Inc. 's competitors?
Navan, Inc. 's key competitors include American Express Global Business Travel, Expensify. These companies compete in similar markets and product categories.
Where is Navan, Inc. headquartered?
Navan, Inc. is headquartered in United States of America. It has been publicly traded since 2025.