Can NextNav cover its short-term obligations?

Its current ratio is 10.49 — current assets exceed current liabilities.

Where does NextNav's balance sheet data come from?

Every line is extracted from NextNav's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

NextNav NN Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$30.6M-31.6%	$44.76M-50.3%	$89.99M+52.9%	$58.87M-60.9%	$150.42M+282%
Short-term investments	$112.36M+4.6%	$107.38M+38.4%	$77.58M-33.8%	$117.19M+208%	$37.99M-6.9%
Accounts receivable, net	$1.38M-41.2%	$2.35M+63.8%	$1.43M-36.0%	$2.24M+36.0%	$1.65M-50.2%
Prepaid expenses and other current assets	$3.52M+20.4%	$2.93M-9.8%	$3.24M-11.4%	$3.66M+7.3%	$3.41M+29.8%
Total current assets	$147.86M-6.1%	$157.41M-8.6%	$172.25M-5.3%	$181.95M-6.0%	$193.47M+125%
Operating lease right-of-use assets	$14.05M-5.4%	$14.86M-4.6%	$15.57M-5.1%	$16.42M-5.3%	$17.33M-0.2%
Goodwill	$18.7M-2.4%	$19.16M+0.3%	$19.1M0.0%	$19.09M+8.2%	$17.64M+4.0%
Intangible assets, net	$5.45M-87.1%	$42.17M+610%	$5.94M-3.7%	$6.17M+3.1%	$5.99M-37.6%
Other non-current assets	$11.57M-1.6%	$11.76M-7.9%	$12.78M-20.0%	$15.98M-5.8%	$16.97M-5.6%
Accumulated depreciation	$16.97M+3.1%	$16.46M+4.9%	$15.69M-0.3%	$15.74M+6.9%	$14.73M+7.4%
Total assets	$235.64M-4.6%	$247.02M-6.1%	$263.07M+2.5%	$256.74M-4.4%	$268.61M+66.1%
Accounts payable	$1.5M+127%	$661K-21.0%	$837K-48.0%	$1.61M+42.4%	$1.13M+31.8%
Accrued expenses	$2.6M-50.3%	$5.23M+5.3%	$4.96M+21.4%	$4.09M+39.5%	$2.93M-39.4%
Deferred revenue	$633K+28.9%	$491K+16.4%	$422K+19.5%	$353K+13.9%	$310K+7.6%
Operating lease liabilities, current	$2.51M-6.2%	$2.67M-3.4%	$2.77M-2.0%	$2.82M+1.0%	$2.8M+13.5%
Contract liabilities	$633K+28.9%	$491K+16.4%	$422K+19.5%	$353K+13.9%	$310K+7.6%
Accrued interest	$3.17M+300%	$792K-75.0%	$3.17M+300%	$792K+647%	$106K-81.8%
Total current liabilities	$14.1M+13.9%	$12.39M-17.1%	$14.93M+22.8%	$12.16M+5.3%	$11.55M-4.9%
Long-term debt	$267.19M-2.3%	$273.59M+18.9%	$230.12M-6.6%	$246.3M+15.6%	$213.1M+290%
Operating lease liabilities, non-current	$11.77M-4.6%	$12.34M-4.5%	$12.92M-4.2%	$13.48M-5.0%	$14.2M-1.1%
Other non-current liabilities	$2.81M+58.2%	$1.78M+1.3%	$1.75M-0.6%	$1.76M+0.1%	$1.76M-1.9%
Total liabilities	$325.61M-2.3%	$333.25M+16.9%	$285.19M-6.2%	$303.96M+16.0%	$262.03M+135%
Common stock	500M0.0%	500M0.0%	500M0.0%	500M0.0%	500M+3,571,329%
Additional paid-in capital	$969.66M+0.8%	$961.99M+0.4%	$958.22M+2.6%	$933.54M+0.8%	$926.28M+1.5%
Retained earnings	-$1.06B-1.0%	-$1.05B-6.9%	-$983.4M0.0%	-$983.88M-6.9%	-$920.69M-6.8%
Accumulated other comprehensive income (loss)	$3.03M-20.4%	$3.81M+1.9%	$3.74M-1.7%	$3.81M+130%	$1.66M+149%
Treasury stock	$693K0.0%	$693K0.0%	$693K0.0%	$693K0.0%	$693K0.0%
Total stockholders' equity	-$89.97M-4.3%	-$86.24M-290%	-$22.12M+53.2%	-$47.22M-818%	$6.57M-86.9%
Total liabilities and stockholders' equity	$235.64M-4.6%	$247.02M-6.1%	$263.07M+2.5%	$256.74M-4.4%	$268.61M+66.1%
Allowance for Doubtful Accounts	$0—	$0—	$0—	$0—	$0—
Allowance for Doubtful Accounts Receivable (Current)	$0—	$0—	$0—	$0—	$0—
Cash Cash Equivalents And Short Term Investments	$143M—	——	$167.6M-4.8%	$176.1M-6.5%	$188.4M—
Other current assets	$3.52M+20.4%	$2.93M-9.8%	$3.24M-11.4%	$3.66M+7.3%	$3.41M+29.8%
Accumulated Goodwill Impairment Losses	$0—	$0—	$0—	$0—	$0—
Deferred Tax Assets and Other Non-Current Assets	$1.57M-5.7%	$1.66M+68.8%	$984K-92.8%	$13.66M-0.6%	$13.74M-0.4%
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	$529K—	——	$1.13M+1.9%	$1.11M+8.0%	$1.03M—
Finite-Lived Intangible Assets - Expected Amortization Expense (Year Five)	$2.03M—	——	$3.15M-0.1%	$3.16M+8.2%	$2.92M—
Intangible Assets Gross (Excluding Goodwill)	$48.31M-0.1%	$48.33M+0.3%	$48.2M+219%	$15.11M+4.7%	$14.43M+2.6%
Net Investment in Lease	$14.05M-5.4%	$14.86M-4.6%	$15.57M-5.1%	$16.42M-5.3%	$17.33M-0.2%
Intangible assets — net	$5.45M—	——	$5.94M-3.7%	$6.17M+3.1%	$5.99M—
Other intangible assets—net	$41.89M-0.7%	$42.17M-0.5%	$42.38M+340%	$9.64M+1.9%	$9.45M-1.4%
Operating lease right-of-use assets	$14.05M-5.4%	$14.86M-4.6%	$15.57M-5.1%	$16.42M-5.3%	$17.33M-0.2%
Other non-current assets	$1.57M-5.7%	$1.66M+68.8%	$984K-92.8%	$13.66M-0.6%	$13.74M-0.4%
Property, Plant and Equipment, Other, Gross	$11.57M-1.6%	$11.76M-7.9%	$12.78M-20.0%	$15.98M-5.8%	$16.97M-5.6%
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)	$112.36M+4.6%	$107.38M+38.4%	$77.58M-33.8%	$117.19M+208%	$37.99M-6.9%
Operating Lease Right-of-Use Assets in Other Assets	$14.05M-5.4%	$14.86M-4.6%	$15.57M-5.1%	$16.42M-5.3%	$17.33M-0.2%
Software and Technology Licenses, Net	$1.57M-5.7%	$1.66M+68.8%	$984K-92.8%	$13.66M-0.6%	$13.74M-0.4%
Accrued liabilities and other current	$9.46M+10.5%	$8.56M-21.5%	$10.91M+48.0%	$7.37M+0.8%	$7.31M-14.3%
Accrued Manufacturing Costs	$2.6M-50.3%	$5.23M+5.3%	$4.96M+21.4%	$4.09M+39.5%	$2.93M-39.4%
Deferred income	$633K+28.9%	$491K+16.4%	$422K+19.5%	$353K+13.9%	$310K+7.6%
Compensation and benefits	$2.6M-50.3%	$5.23M+5.3%	$4.96M+21.4%	$4.09M+39.5%	$2.93M-39.4%
Professional Service Fees Payable	$874K+135%	$372K-33.2%	$557K-12.7%	$638K-73.3%	$2.39M+88.9%
Total debt	$281.47M-2.5%	$288.6M+17.4%	$245.81M-6.4%	$262.6M+14.1%	$230.09M+222%
Common Stock Shares Issued	136.2M+0.5%	135.5M+0.5%	134.9M+1.3%	133.1M+0.6%	132.4M+0.9%
Convertible Preferred Stock Authorized Shares	100M—	——	100M0.0%	100M0.0%	100M—
Cumulative Gross Losses and Impairments	$0—	$0—	$0—	$0—	$0—
Additional paid-in capital	$969.66M+0.8%	$961.99M+0.4%	$958.22M+2.6%	$933.54M+0.8%	$926.28M+1.5%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$15K0.0%	$15K0.0%	$15K0.0%	$15K+7.1%	$14K0.0%
Treasury Stock, Value	$693K0.0%	$693K0.0%	$693K0.0%	$693K0.0%	$693K0.0%
Warrants and Rights Outstanding	37.1M—	——	37.2M-0.2%	37.3M-0.1%	37.3M—
Professional service fees	$874K+135%	$372K-33.2%	$557K-12.7%	$638K-73.3%	$2.39M+88.9%
Accounts Receivable, Allowance for Credit Loss	$0—	$0—	$0—	$0—	$0—
Capital Stock Shares Authorized	600M—	——	600M0.0%	600M0.0%	600M—
Class of Warrant or Right, Outstanding	$37.14M—	——	$37.18M-0.2%	$37.27M-0.1%	$37.3M—
Common stock, shares authorized (in shares)	$500M0.0%	$500M0.0%	$500M0.0%	$500M0.0%	$500M0.0%
Common stock, shares issued (in shares)	$136.19M+0.5%	$135.5M+0.5%	$134.86M+1.3%	$133.15M+0.6%	$132.41M+0.9%
Common Stock, Shares, Outstanding	$136.06M+0.5%	$135.37M+0.5%	$134.73M+1.3%	$133.01M+0.6%	$132.28M+0.9%
Contract with Customer, Liability	$633K+28.9%	$491K+16.4%	$422K+19.5%	$353K+13.9%	$310K+7.6%
Finite-Lived Intangible Assets, Accumulated Amortization	$6.42M+4.1%	$6.17M+6.1%	$5.81M+6.2%	$5.47M+9.9%	$4.98M+11.3%
2028	$671K—	——	$743K+5.2%	$706K+11.5%	$633K—
2030	$529K—	——	——	——	——
Remainder of 2026	$857K—	——	$313K-50.6%	$633K-29.7%	$900K—
2027	$821K—	——	$1.13M+1.9%	$1.11M+8.0%	$1.03M—
2029	$542K—	——	$602K+6.4%	$566K+11.2%	$509K—
Finite Lived Intangible Assets Amortization Expense After Year Five	$2.03M—	——	$3.15M-0.1%	$3.16M+8.2%	$2.92M—
Goodwill accumulated impairment losses	$0—	$0—	$0—	$0—	$0—
Indefinite- lived intangible impairment	$48.31M-0.1%	$48.33M+0.3%	$48.2M+219%	$15.11M+4.7%	$14.43M+2.6%
Other accrued liabilities	$2.82M+30.2%	$2.17M-2.3%	$2.22M+19.9%	$1.85M-1.8%	$1.88M+1.8%
Preferred Stock, Shares Authorized	$100M—	——	$100M0.0%	$100M0.0%	$100M—
Treasury stock, shares (in shares)	$132.23K0.0%	$132.23K0.0%	$132.23K0.0%	$132.23K0.0%	$132.23K0.0%
Warrant Liabilities Non Current	$29.74M-10.3%	$33.17M+30.3%	$25.46M-15.9%	$30.26M+41.2%	$21.43M-25.4%
Remainder of Fiscal Year 2024	$857K—	——	$313K-50.6%	$633K-29.7%	$900K—
Remainder of Fiscal Year 2025	$857K—	——	$313K-50.6%	$633K-29.7%	$900K—

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Questions, answered.

Can NextNav cover its short-term obligations?: Its current ratio is 10.49 — current assets exceed current liabilities.
Where does NextNav's balance sheet data come from?: Every line is extracted from NextNav's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.