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Navan, Inc. NAVN Ratios & Valuation

Q1 '27Q4 '26Q3 '26Q2 '26Q1 '26
Profitability
Gross margin72.1%+0.9pp71.3%+0.6pp70.7%0.0pp70.6%
Operating margin-26%+2.0pp-28%-6.7pp-21.4%-8.2pp-13.1%
Net margin-46.7%+10.0pp-56.7%0.0pp-56.7%-25.9pp-30.8%
Liquidity
Current ratio4.3×+0.2×4.1×-0.4×4.5×
Leverage
Debt-to-equity0.1×0.0×0.1×-0.1×0.2×
Per Share
Book value per share$4.94-60.0%$12.35-50.1%$24.74-$25.81+1.5%
Valuation
Market capitalization$4.39B+53.6%$2.85B-43.3%$5.03B
Price / sales5.7×+1.7×4.1×-3.6×7.7×
Price / book3.5×+1.2×2.4×-1.8×4.1×

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Questions, answered.

What are Navan, Inc. 's profit margins?
Navan, Inc. (NAVN) runs a 72.1% gross margin and a -26.0% operating margin, with a -46.7% net margin.
Where do Navan, Inc. 's ratios come from?
Every ratio is computed from Navan, Inc. 's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.