What are NextNav's profit margins?

Gross margin is -101.8% and operating margin is -1801.2%, with a -3506.9% net margin.

Where does NextNav's income statement 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 Income 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
Gross profit	-$1.13M-14.3%	-$986K+14.6%	-$1.15M-38.5%	-$833K+16.2%	-$994K-111%
General and administrative	$6.46M+22.9%	$5.26M-10.0%	$5.84M+2.5%	$5.7M-11.7%	$6.46M+15.0%
Compensation and benefits	$5.09M+24.2%	$4.1M-10.2%	$4.57M+25.1%	$3.65M-15.6%	$4.32M+60.5%
Depreciation and amortization	$1.53M+9.4%	$1.4M-60.5%	$3.55M+163%	$1.35M-7.0%	$1.45M+10.7%
Impairment charges	$0—	$0—	——	——	$0—
Other income (expense), net	$86K—	$0+100%	-$2K+99.9%	-$3.4M+42.0%	-$5.86M—
Income from equity method investments	-$67K-138%	$177K+493%	-$45K-28.6%	-$35K+10.3%	-$39K+31.6%
Gain (loss) on extinguishment of debt	——	——	——	——	-$13.73M—
Gain (loss) on disposal of assets	$960K+11.4%	$862K-17.4%	$1.04M+27.0%	$822K+143%	$338K-8.9%
Net income	-$10.62M+84.4%	-$67.96M-14,171%	$483K+101%	-$63.2M-7.9%	-$58.58M-81.5%
Interest Income (Expense), Nonoperating	-$3.91M-11.6%	-$3.51M-10.3%	-$3.18M-5.3%	-$3.02M-10.3%	-$2.74M-1.6%
Adjustment Of Warrants Granted For Services	——	——	——	$3.24M-43.8%	$5.77M—
Amortization Of Debt Discount Premium	$2.78M—	——	$2.6M+2.6%	$2.54M+2,569%	$95K—
Amortization Of Financing Costs And Discounts	$2.78M+3.3%	$2.69M+3.3%	$2.6M+2.6%	$2.54M+45.8%	$1.74M+5.5%
Amortization of capitalized software and acquired intangible assets	$300K-25.0%	$400K+33.3%	$300K0.0%	$300K-25.0%	$400K+33.3%
Asset Retirement Obligation Accretion Expense	$50K+92.3%	$26K0.0%	$26K0.0%	$26K0.0%	$26K+4.0%
Business Operation Expenses	$4.29M+12.5%	$3.81M-5.9%	$4.05M+4.2%	$3.89M-3.5%	$4.02M-7.6%
Capital Stock Par Or Stated Value Per Share	$0.00—	——	——	——	$0.00—
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	-$14.16M—	——	$31.13M—	——	$111.09M+489%
Change In Value Of Class A Common Stock Subject To Possible Redemption	——	-$310.25K0.0%	-$310.25K0.0%	-$310.25K0.0%	-$310.25K+89.2%
Costs Incurred, Asset Retirement Obligation Incurred	——	$13.5K0.0%	$13.5K0.0%	$13.5K0.0%	$13.5K—
Redemption price percentage	——	——	——	——	100%—
Depreciation Nonproduction	$300K-52.0%	$625K0.0%	$625K0.0%	$625K0.0%	$625K—
Dilutive Securities Effect On Basic Earnings Per Share Reversal Of Interest Expense And Amortization Of Debt Discount	-$5.15M—	——	-$4.88M—	——	——
Interest expense attributable to convertible notes	-$12.61M—	——	-$23.58M—	——	——
Effect of exchange rate changes on cash, cash equivalents and restricted cash	-$195K-1,075%	$20K—	——	$213K+129%	$93K+149%
Effective Income Tax Rate Reconciliation Fair Value Adjustment Percent	——	-1.6%—	——	——	——
Other	——	-$00.0%	-$00.0%	-$00.0%	-$0+56.7%
Gains (losses) - FVO: changes in fair value	$9.18M+123%	-$40.78M-317%	$18.77M+161%	-$30.66M-25.0%	-$24.52M—
Gain Loss On Change In Fair Value Of Warrants And Derivative Liabilities	$12.61M+126%	-$48.48M-306%	$23.58M+160%	-$39.49M-114%	-$18.48M-35.4%
Foreign Currency Translation and Other Adjustments	-$458K-839%	$62K+1,140%	$5K-99.7%	$1.45M+115%	$675K+155%
Income Loss From Continuing Operations Before Income Taxes Domestic	——	-$47.55M0.0%	-$47.55M0.0%	-$47.55M0.0%	-$47.55M-86.0%
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	——	$8.62M0.0%	$8.62M0.0%	$8.62M0.0%	$8.62M+196%
Income Tax Reconciliation Fair Value Adjustment	——	$772K0.0%	$772K0.0%	$772K0.0%	$772K-54.3%
Income Tax Reconciliation Foreign Income Tax Rate Differential	——	-$17.75K0.0%	-$17.75K0.0%	-$17.75K0.0%	-$17.75K-222%
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	——	-$9.93M0.0%	-$9.93M0.0%	-$9.93M0.0%	-$9.93M-85.9%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount	——	$594.5K0.0%	$594.5K0.0%	$594.5K0.0%	$594.5K-22.4%
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	——	-$3.75K0.0%	-$3.75K0.0%	-$3.75K0.0%	-$3.75K—
Income Taxes Paid, Net	$74K—	——	——	——	$64K+231%
Accounts payable	$841K+578%	-$176K+77.2%	-$773K-261%	$479K+75.5%	$273K—
Increase (Decrease) in Accounts Receivable	-$966K—	——	-$805K—	——	-$1.66M-255%
Increase in accrued expenses and other liabilities	$3.2M—	——	$3.6M—	——	-$254K-130%
Deferred revenue	$142K+106%	$69K0.0%	$69K+60.5%	$43K+95.5%	$22K+247%
Short- and long-term operating lease liabilities	$77K+83.3%	$42K-81.0%	$221K+2.3%	$216K+1.9%	$212K+19.1%
Increase (Decrease) in Other Current Assets	$622K—	——	——	$169K-77.4%	$749K+729%
Increase (decrease) in other assets	-$22K+52.2%	-$46K+14.8%	-$54K-5.9%	-$51K-219%	-$16K+68.0%
Data processing and equipment	$3.02M+14.4%	$2.64M-2.7%	$2.72M-15.7%	$3.22M+30.2%	$2.47M+25.1%
Interest expense, net of amounts capitalized	$2.38M—	——	$2.38M0.0%	$2.38M+2,141%	$106K—
Interest Paid, Excluding Capitalized Interest, Operating Activity	——	$4.45M—	$0-100%	$1.99M-11.9%	$2.26M+28.8%
Issuance Of Warrants	——	-$2.25M0.0%	-$2.25M0.0%	-$2.25M0.0%	-$2.25M—
Loss On Extinguishment Of Debt	——	——	——	——	$14.43M—
Marketable security, gain (loss)	$1.2M-14.3%	$1.4M-12.5%	$1.6M-23.8%	$2.1M+600%	$300K-25.0%
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	$233K-42.5%	$405K—	$0-100%	$259K-99.8%	$120.17M+2,139%
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$4.16M+86.0%	-$29.59M—	——	-$78.5M-2,712%	$3.01M+114%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	-$10.04M+37.5%	-$16.08M-79.3%	-$8.97M+33.7%	-$13.52M-11.0%	-$12.18M-1.9%
Number of operating segments	1—	——	——	——	1+300%
Number of reporting units	1—	——	——	——	1+300%
Number Of Segment	1+300%	0.30.0%	0.30.0%	0.30.0%	0.30.0%
Payments of Debt Issuance Costs	——	——	——	$967K+75.8%	$550K—
Payments to Acquire Property, Plant, and Equipment	$10K—	——	$8K-70.4%	$27K-10.0%	$30K-82.1%
Payments To Acquire Software	$126K+10.5%	$114K+3.6%	$110K+11.1%	$99K-2.0%	$101K+14.8%
Net Proceeds from Issuance of Long-Term Debt	——	——	——	——	$190M—
Proceeds from maturities of marketable securities	$84M+44.6%	$58.1M-43.6%	$103M+362%	$22.3M-35.5%	$34.6M+116%
Cash received from option exercises	$250K-27.1%	$343K+78.6%	$192K-83.9%	$1.19M+413%	$232K-87.8%
Proceeds From Warrant Exercises	$13K-85.9%	$92K-50.0%	$184K+183%	$65K-87.4%	$517K-85.2%
Repayments Of Other Long Term Debt	$30K—	——	$30K+3.4%	$29K+7.4%	$27K—
Repayments of Secured Debt	——	——	$700K—	——	$70M+241,279%
Payments on debt	——	$17.68M0.0%	$17.68M0.0%	$17.68M0.0%	$17.68M—
Stock-based compensation	$5.09M+24.2%	$4.1M-10.2%	$4.57M+25.1%	$3.65M-15.6%	$4.32M+60.5%
Options canceled (in dollars per share)	——	$6.87—	——	——	——
Granted (in shares)	——	$13.30—	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	——	621K—	——	——	——
Add: dilutive effect of potential common shares (in shares)	$16.3M—	——	$16.22M—	——	——
EBITDA	-$17.81M-21.0%	-$14.72M+9.8%	-$16.32M-2.7%	-$15.89M-2.2%	-$15.55M-15.6%
EBIT	-$19.34M-20.0%	-$16.12M+18.8%	-$19.87M-15.2%	-$17.24M-1.4%	-$17M-15.2%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are NextNav's profit margins?: Gross margin is -101.8% and operating margin is -1801.2%, with a -3506.9% net margin.
Where does NextNav's income statement 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.