What is Navan, Inc. 's net margin?

Navan, Inc. (NAVN) reported net margin of -46.7% in Q1 2026.

What does net margin mean?

Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

Navan, Inc. NAVN Net margin

Net margin at other companies

Global Business Travel GroupGBTG

3.1%+2.3pp

Other financials

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

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Market cap$5.57B—

Profitability

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Gross margin72.1%—

Operating margin-26%—

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.

net income/total revenue=-46.7%

Based on trailing twelve months.

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 net margin?: Navan, Inc. (NAVN) reported net margin of -46.7% in Q1 2026.
What does net margin mean?: Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.