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Navan, Inc. NAVN Loss on fair value adjustments

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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$7.29B+44.9%
Enterprise value$6.82B+55.3%
P/S9.5×+1.9×

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×

Where this comes from

Reported directly by Navan, Inc. in its filing.

Tagged under the XBRL concept navn:FairValueAdjustmentOfWarrantsAndDerivatives.

The source filing: Navan, Inc.’s 10-Q, filed June 11, 2026.

Filed
Jun 11, 2026, 4:50 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001628280-26-042552
Line itemThree Months Ended April 30, 2026Three Months Ended April 30, 2025
Interest expense(2,822)(16,336)
Other income, net1,2276,119
Loss on extinguishment of debt(20,528)
Loss on fair value adjustments(10,136)
Loss before income tax expense(19,704)(56,775)
Income tax expense8024,482
Net loss$(20,506)$(61,257)
Net loss per share attributable to common stockholders:

Item 1. Financial Statements (Unaudited)

FAQ

What is Navan, Inc.'s loss on fair value adjustments?
Navan, Inc. (NAVN) reported loss on fair value adjustments of $0 in Q1 2026.
How has Navan, Inc.'s loss on fair value adjustments changed year-over-year?
Navan, Inc.'s loss on fair value adjustments increased by 100.0% year-over-year, from -$10.14M to $0.
What does loss on fair value adjustments mean?
Captures the non-cash gains or losses resulting from the periodic revaluation of financial instruments like warrants or derivatives to their current fair market value. These adjustments are driven by changes in the company's stock price or volatility rather than operational performance. Investors monitor this to strip out market-driven noise from core operating cash flows.

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