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Navan, Inc. NAVN Capitalized stock-based compensation for internal-use software development costs

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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$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 navn:ShareBasedPaymentArrangementNoncashExpenseSoftwareDevelopmentCosts.

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 capitalized stock-based compensation for internal-use software development costs?
Navan, Inc. (NAVN) reported capitalized stock-based compensation for internal-use software development costs of $1.07M in Q1 2026.
How has Navan, Inc. 's capitalized stock-based compensation for internal-use software development costs changed year-over-year?
Navan, Inc. 's capitalized stock-based compensation for internal-use software development costs increased by 88.4% year-over-year, from $570K to $1.07M.
What does capitalized stock-based compensation for internal-use software development costs mean?
Represents the portion of stock-based compensation expense that is capitalized as part of the cost of developing internal-use software. By capitalizing these costs rather than expensing them immediately, the company spreads the impact over the useful life of the software. This metric is critical for understanding the true underlying investment in technology infrastructure.