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NextNav NN Invested capital

Discontinued — last reported Q1 '26

Invested capital at other companies

Oneok logo
OneokOKE
8.6%-0.2pp
Rithm Capital logo
Rithm CapitalRITM
3.2%0.0pp
Citigroup logo
CitigroupC
32.6%+2.0pp
Morgan Stanley logo
Morgan StanleyMS
16.9%+0.4pp
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
20.5%-0.7pp
American Express logo
American ExpressAXP
49.1%-10.0pp

Other financials

Income statement

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Revenue$995.0K-35.3%
Gross profit-$1.1M-13.4%
Operating income-$19.3M-13.8%
Net income-$10.6M+81.9%
EPS (diluted)-$0.12+73.3%

Balance sheet

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Cash & equivalents$30.6M-79.7%
Total debt$281.5M+22.3%
Total equity-$90.0M-1,469%
Total assets$235.6M-12.3%

Cash flow

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Operating cash flow-$10.0M+17.6%
CapEx$10.0K-66.7%
Free cash flow-$10.1M+17.7%

Valuation

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Market cap$2.05B-1.1%
Enterprise value$2.3B+1.1%
P/S508×+177×

Profitability

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Gross margin-101.8%-194pp
Operating margin-1,801.2%+8,257pp
Net margin-3,506.9%+7,356pp
FCF margin-1,207.2%+2,928pp

Returns & leverage

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Return on equity-412.4%-701pp
Debt / equity35×+33.8×
Current ratio10.5×-6.3×

Where this comes from

Calculated from NextNav’s reported figures.

The source filing: NextNav’s 10-Q, filed May 14, 2026. Open the filing →

Filed
May 14, 2026, 4:13 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001554855-26-001046

FAQ

What is NextNav's invested capital?
NextNav (NN) reported invested capital of $160.9M in Q1 2026.
How has NextNav's invested capital changed year-over-year?
NextNav's invested capital increased by 86.6% year-over-year, from $86.25M to $160.9M.
What is the long-term trend for NextNav's invested capital?
Over 4 years (2021 to 2025), NextNav's invested capital has grown at a 174.6% compound annual growth rate (CAGR), from $2.77M to $157.61M.
What does invested capital mean?
Total debt plus shareholders' equity minus cash, at the quarter end. The capital actually put to work in the operating business — the denominator of return on invested capital (ROIC).

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