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Navan, Inc. NAVN Operating Income

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Other financials

Income statement

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Revenue$220.2M+39.9%
Gross profit$163.1M+45.9%
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$7.09B+40.8%
Enterprise value$6.61B+50.6%
P/S9.3×+1.6×

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 us-gaap:OperatingIncomeLoss.

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
Sales and marketing91,91561,880
General and administrative49,85134,405
Total operating expenses181,164127,687
Loss from operations(18,109)(15,894)
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)

Item 1. Financial Statements (Unaudited)

FAQ

What is Navan, Inc.'s operating income?
Navan, Inc. (NAVN) reported operating income of -$18.11M in Q1 2026.
How has Navan, Inc.'s operating income changed year-over-year?
Navan, Inc.'s operating income decreased by 13.9% year-over-year, from -$15.89M to -$18.11M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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