What is Navan, Inc. 's gross profit?

Navan, Inc. (NAVN) reported gross profit of $163.06M in Q1 2026.

How has Navan, Inc. 's gross profit changed year-over-year?

Navan, Inc. 's gross profit increased by 45.9% year-over-year, from $111.79M to $163.06M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Navan, Inc. NAVN Gross Profit

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Other financials

Income statement

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Revenue$220.2M+39.9%

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

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Market cap$5.57B—

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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Debt / equity0.1×—

Current ratio4.3×—

Where this comes from

Calculated from Navan, Inc. ’s reported figures.

$220.2Mtotal revenue−$57.2Mtotal cost of revenue=$163.06M

The official record: Navan, Inc. ’s 10-Q, filed June 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Navan, Inc. 's gross profit?: Navan, Inc. (NAVN) reported gross profit of $163.06M in Q1 2026.
How has Navan, Inc. 's gross profit changed year-over-year?: Navan, Inc. 's gross profit increased by 45.9% year-over-year, from $111.79M to $163.06M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.