NextNav NN Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | -101.8%-194pp | -86.7%-174pp | 116.8%+40.8pp | 106.2%+48.1pp | 91.9%+42.3pp | |
| Operating margin | -1,801.2%-812pp | -1,535.8%-476pp | -1,243.4%+71.6pp | -1,004.3%+502pp | -989.2%+623pp | |
| Net margin | -3,506.9%-1,416pp | -4,138.5%-2,341pp | -2,772.4%-1,039pp | -2,678.6%-497pp | -2,091%+42.3pp | |
| EBITDA margin | -1,606.8%-705pp | -1,366.3%-399pp | -1,105.1%+105pp | -917.6%+472pp | -902%+587pp | |
| Free cash flow margin | -1,207.2%-500pp | -1,110.8%-434pp | -845.8%-94.5pp | -713.5%+185pp | -706.8%+199pp | |
| Returns | ||||||
| Return on assets | -56%+3.3pp | -92.6%-29.7pp | -70.6%-20.8pp | -78.1%-20.9pp | -59.3%+2.2pp | |
| Return on invested capital | -58.7%+30.8pp | -58.6%+24.2pp | -68.1%+37.6pp | -55.3%+27.4pp | -89.6%+35.7pp | |
| Efficiency | ||||||
| Asset turnover | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Liquidity | ||||||
| Current ratio | 10.5×-6.3× | 12.7×+5.6× | 11.5×+6.5× | 15×+9.0× | 16.8×+12.7× | |
| Quick ratio | 10.5×-6.3× | 12.7×+5.6× | 11.5×+6.5× | 15×+9.0× | 16.8×+12.7× | |
| Cash ratio | 2.2×-10.9× | 3.6×+0.4× | 6×+2.8× | 4.8×+1.3× | 13×+10.0× | |
| Leverage | ||||||
| Debt-to-assets | 1.2×+0.3× | 1.2×+0.7× | 0.9×+0.5× | 1×+0.6× | 0.9×+0.5× | |
| Per Share | ||||||
| Book value per share | -$0.59-1,284% | -$0.65-257% | -$0.15-129% | -$0.36-164% | $0.05-90.0% | |
| Valuation | ||||||
| Market capitalization | $2.17B+35.8% | $2.24B+10.4% | $1.93B+123% | $1.98B+119% | $1.6B+122% | |
| Enterprise value | $2.42B+44.3% | $2.49B+20.5% | $2.08B+140% | $2.18B+140% | $1.68B+135% | |
| Price / sales | 539.2×+280× | 490.6×+132× | 347.6×+174× | 315.8×+110× | 259.6×+82.8× | |
| EV / sales | 601.4×+329× | 543.9×+180× | 375.8×+201× | 348.4×+141× | 272.5×+97.2× | |
| Free cash flow yield | -2.2%+0.5pp | -2.3%-0.4pp | -2.4%+1.9pp | -2.3%+2.1pp | -2.7%+2.4pp | |
| Earnings yield | -6.5%+1.5pp | -8.4%-3.4pp | -8%+2.0pp | -8.5%+2.1pp | -8.1%+4.0pp |
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?
- NextNav (NN) runs a -101.8% gross margin and a -1801.2% operating margin, with a -3506.9% net margin.
- Where do NextNav's ratios come from?
- Every ratio is computed from NextNav'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.
