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Navan, Inc. NAVN Related-party nonconvertible note, net of discount (Note 12)

Related-party nonconvertible note, net of discount (Note 12) at other companies

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Ondas, Inc. ONDS
$0-100%
Ondas, Inc.
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Ondas, Inc. ONDS
$3.5M-31.9%
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Knife RiverKNF
$0
Meritage Homes logo
Meritage HomesMTH
$34.99M-0.5%
Extra Space Storage logo
Extra Space StorageEXR
$1.08B+7.7%
Macerich logo
MacerichMAC
$81.96M

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
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×

Where this comes from

Reported directly by Navan, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OtherLongTermNotesPayable.

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 related-party nonconvertible note, net of discount (note 12)?
Navan, Inc. (NAVN) reported related-party nonconvertible note, net of discount (note 12) of $0 in Q1 2026.
What does related-party nonconvertible note, net of discount (note 12) mean?
This captures long-term debt obligations owed to related parties, adjusted for any unamortized discounts or premiums. It highlights the company's reliance on non-traditional or affiliate-based financing sources for long-term capital requirements. Tracking this is essential for understanding governance, potential conflicts of interest, and the cost of capital relative to market-rate debt.