Navan, Inc.(NAVN)Earnings, Financials & Key Ratios
NAVN•NASDAQ
$18.52
$4.32B mkt cap·Price updated May 14, 2026
- Revenue$537M+33.5%
- EBITDA-$83M+62.3%
- Net Income-$181M+45.4%
- EPS (Diluted)-0.73+45.5%
- Gross Margin63.79%+19.7%
- EBITDA Margin-15.41%+71.7%
- Operating Margin-20.05%+67.3%
- Net Margin-33.73%+59.1%
- ROE-108.63%+28.2%
- ROIC-15.96%+54.2%
- Debt/Equity5.89+124.8%
- Interest Coverage-1.42+63.6%
NAVN Key Insights
Navan, Inc. (NAVN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 86 (top 14%)
- ✓Trading near 52-week high
✗Weaknesses
- ✗High debt to equity ratio of 5.9x
- ✗Negative free cash flow
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Expensive at 40.2x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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NAVN Price & Volume
Navan, Inc. (NAVN) stock price & volume — 10-year historical chart
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NAVN Growth Metrics
Navan, Inc. (NAVN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years-21.12%
5 Years-21.12%
3 Years-21.12%
Last Year-14.2%
NAVN Recent Earnings
Navan, Inc. (NAVN) EPS & revenue vs analyst estimates — last 3 quarters
●Beat EPS 2/3 qtrs (100%)●Beat Revenue 2/3 qtrs (100%)
Q2 2026Latest
Mar 25, 2026EPS
$0.02
Est $0.06
+133.3%
Revenue
$178M
Est $162M
+9.7%
Q4 2025
Dec 15, 2025EPS
$0.14
Est $0.08
+281.8%
Revenue
$195M
Est $182M
+7.1%
Q4 2025
Oct 10, 2025EPS
$0.17
Revenue
$172M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 25, 2026 | $0.02vs $0.06+133.3% | $178Mvs $162M+9.7% |
| Q4 2025 | Dec 15, 2025 | $0.14vs $0.08+281.8% | $195Mvs $182M+7.1% |
| Q4 2025 | Oct 10, 2025 | $0.17 | $172M |
Based on last 3 quarters of dataView full earnings history →
NAVN Peer Comparison
Navan, Inc. (NAVN) competitors in industry — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 TRVG | 208.8M | 2.96 | 16.85 | 19.11% | 2.02% | 5.63% | 0.17 | |
 MMYT | 3.87B | 43.25 | 52.11 | 25.02% | 5.46% | 8.18% | 0.20 | |
 SABR | 624.59M | 1.58 | 1.18 | -8.54% | 17.58% | |||
 EXPE | 25.41B | 217.17 | 22.14 | 7.61% | 10.26% | 68.68% | 2.62 | |
 BKNG | 119.72B | 154.50 | 23.34 | 13.39% | 22.23% | |||
 BILL | 3.93B | 39.49 | 171.70 | 13.36% | 0.01% | 0% | 0.45 | |
 CWAN | 7.23B | 24.37 | -174.07 | 61.88% | -5.82% | -2.38% | 0.43 | |
 RAMP | 1.84B | 29.13 | -2407.44 | 13.02% | 8.64% | 7.15% | 0.04 |
Compare NAVN vs Peers
Navan, Inc. (NAVN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NAVN Income Statement
Navan, Inc. (NAVN) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jan'24 | Jan'25 | TTM |
|---|---|---|---|
| Sales/Revenue | 402.26M | 536.84M | - |
| Revenue Growth % | - | 33.46% | - |
| Cost of Goods Sold | 187.99M | 194.4M | - |
| COGS % of Revenue | 46.73% | 36.21% | - |
| Gross Profit | 214.27M▲ 0% | 342.43M▲ 59.8% | -▲ 0% |
| Gross Margin % | 53.27% | 63.79% | - |
| Gross Profit Growth % | - | 59.81% | - |
| Operating Expenses | 460.61M | 450.07M | - |
| OpEx % of Revenue | 114.51% | 83.84% | - |
| Selling, General & Admin | 348.73M | 347.27M | - |
| SG&A % of Revenue | 86.69% | 64.69% | - |
| Research & Development | 111.88M | 102.8M | - |
| R&D % of Revenue | 27.81% | 19.15% | - |
| Other Operating Expenses | 0 | 0 | - |
| Operating Income | -246.34M▲ 0% | -107.64M▲ 56.3% | -▲ 0% |
| Operating Margin % | -61.24% | -20.05% | - |
| Operating Income Growth % | - | 56.31% | - |
| EBITDA | -219.48M | -82.75M | - |
| EBITDA Margin % | -54.56% | -15.41% | - |
| EBITDA Growth % | - | 62.3% | - |
| D&A (Non-Cash Add-back) | 26.86M | 24.89M | - |
| EBIT | -262.84M | -95.51M | - |
| Net Interest Income | -63.28M | -76M | - |
| Interest Income | 0 | 0 | - |
| Interest Expense | 63.28M | 76M | - |
| Other Income/Expense | -79.78M | -63.87M | - |
| Pretax Income | -326.12M▲ 0% | -171.51M▲ 47.4% | -▲ 0% |
| Pretax Margin % | -81.07% | -31.95% | - |
| Income Tax | 5.43M | 9.57M | - |
| Effective Tax Rate % | -1.66% | -5.58% | - |
| Net Income | -331.55M▲ 0% | -181.08M▲ 45.4% | -▲ 0% |
| Net Margin % | -82.42% | -33.73% | - |
| Net Income Growth % | - | 45.38% | - |
| Net Income (Continuing) | -331.55M | -181.08M | - |
| Discontinued Operations | 0 | 0 | - |
| Minority Interest | 0 | 0 | - |
| EPS (Diluted) | -1.34▲ 0% | -0.73▲ 45.5% | -▲ 0% |
| EPS Growth % | - | 45.52% | - |
| EPS (Basic) | -1.34 | -0.73 | - |
| Diluted Shares Outstanding | 248.22M | 248.22M | 248.22M |
| Basic Shares Outstanding | 248.22M | 248.22M | 248.22M |
| Dividend Payout Ratio | - | - | - |
NAVN Balance Sheet
Navan, Inc. (NAVN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jan'24 | Jan'25 | TTM |
|---|---|---|---|
| Total Current Assets | 679.68M | 684.07M | - |
| Cash & Short-Term Investments | 262.38M | 305.83M | 305.83M |
| Cash Only | 262.38M | 305.83M | 305.83M |
| Short-Term Investments | 0 | 0 | - |
| Accounts Receivable | 386.55M | 345.81M | - |
| Days Sales Outstanding | 350.75 | 235.12 | - |
| Inventory | 0 | 0 | - |
| Days Inventory Outstanding | - | - | - |
| Other Current Assets | 18.12M | 15.47M | - |
| Total Non-Current Assets | 386.34M | 399.89M | - |
| Property, Plant & Equipment | 77.06M | 77.54M | - |
| Fixed Asset Turnover | 5.22x | 6.92x | - |
| Goodwill | 220.54M | 219.73M | - |
| Intangible Assets | 61.01M | 55.63M | - |
| Long-Term Investments | 5M | 4.77M | - |
| Other Non-Current Assets | 22.73M | 42.21M | - |
| Total Assets | 1.07B▲ 0% | 1.08B▲ 1.7% | 1.08B▲ 0% |
| Asset Turnover | 0.38x | 0.50x | - |
| Asset Growth % | - | 1.68% | - |
| Total Current Liabilities | 187.68M | 446.03M | - |
| Accounts Payable | 24.32M | 42.83M | - |
| Days Payables Outstanding | 47.22 | 80.41 | - |
| Short-Term Debt | 8.33M | 232.3M | - |
| Deferred Revenue (Current) | 27.79M | 34.1M | - |
| Other Current Liabilities | 92.58M | 103.19M | - |
| Current Ratio | 3.62x | 1.53x | 1.53x |
| Quick Ratio | 3.62x | 1.53x | 1.53x |
| Cash Conversion Cycle | - | - | - |
| Total Non-Current Liabilities | 654.06M | 519.9M | - |
| Long-Term Debt | 520.26M | 397.03M | - |
| Capital Lease Obligations | 45.26M | 43.1M | - |
| Deferred Tax Liabilities | 7.03M | 7.66M | - |
| Other Non-Current Liabilities | 81.19M | 71.31M | - |
| Total Liabilities | 841.75M | 965.93M | - |
| Total Debt | 573.85M | 672.43M | 672.43M |
| Net Debt | 311.46M | 366.6M | 366.6M |
| Debt / Equity | 2.62x | 5.89x | 5.89x |
| Debt / EBITDA | - | - | - |
| Net Debt / EBITDA | - | - | - |
| Interest Coverage | -3.89x | -1.42x | - |
| Total Equity | 219.15M▲ 0% | 114.22M▼ 47.9% | 114.22M▲ 0% |
| Equity Growth % | - | -47.88% | - |
| Book Value per Share | 0.88 | 0.46 | 0.46 |
| Total Shareholders' Equity | 219.15M | 114.22M | 114.22M |
| Common Stock | 1K | 1K | - |
| Retained Earnings | -1.44B | -1.62B | - |
| Treasury Stock | 0 | 0 | - |
| Accumulated OCI | -28.29M | -37.62M | - |
| Minority Interest | 0 | 0 | - |
NAVN Cash Flow Statement
Navan, Inc. (NAVN) cash flow — operating, investing & free cash flow history
| Line item | Jan'24 | Jan'25 | TTM |
|---|---|---|---|
| Cash from Operations | -166.36M | -50.41M | -50.41M |
| Operating CF Margin % | -41.36% | -9.39% | - |
| Operating CF Growth % | - | 69.7% | - |
| Net Income | -331.55M | -181.08M | - |
| Depreciation & Amortization | 26.86M | 24.89M | - |
| Stock-Based Compensation | 0 | 0 | - |
| Deferred Taxes | -3.22M | 1K | - |
| Other Non-Cash Items | 162.98M | 123.16M | - |
| Working Capital Changes | -21.43M | -17.37M | - |
| Change in Receivables | -21.15M | -24.61M | - |
| Change in Inventory | 0 | 0 | - |
| Change in Payables | -9.63M | 17.09M | - |
| Cash from Investing | -108.78M | 44.87M | - |
| Capital Expenditures | -17.3M | -16.3M | - |
| CapEx % of Revenue | 4.3% | 3.04% | - |
| Acquisitions | -7.03M | -3.88M | - |
| Investments | - | - | - |
| Other Investing | -84.45M | 65.05M | - |
| Cash from Financing | 212.62M | 52.55M | - |
| Debt Issued (Net) | 205.69M | 48.92M | - |
| Equity Issued (Net) | 1000K | 1000K | - |
| Dividends Paid | 0 | 0 | - |
| Share Repurchases | 0 | 0 | - |
| Other Financing | -2.13M | -903K | - |
| Net Change in Cash | 262.38M▲ 0% | 43.45M▼ 83.4% | -▲ 0% |
| Free Cash Flow | -166.92M▲ 0% | -51.4M▲ 69.2% | -▲ 0% |
| FCF Margin % | -41.5% | -9.57% | - |
| FCF Growth % | - | 69.21% | - |
| FCF per Share | -0.67 | -0.21 | -0.21 |
| FCF Conversion (FCF/Net Income) | 0.50x | 0.28x | - |
| Interest Paid | 0 | 0 | - |
| Taxes Paid | 0 | 0 | - |
NAVN Key Ratios
Navan, Inc. (NAVN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2024 | TTM |
|---|---|---|
| Return on Equity (ROE) | -108.63% | - |
| Return on Invested Capital (ROIC) | -15.96% | -15.96% |
| Gross Margin | 63.79% | - |
| Net Margin | -33.73% | - |
| Debt / Equity | 5.89x | 5.89x |
| Interest Coverage | -1.42x | - |
| FCF Conversion | 0.28x | - |
| Revenue Growth | 33.46% | - |
NAVN Frequently Asked Questions
Navan, Inc. (NAVN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Navan, Inc. (NAVN) reported $536.8M in revenue for fiscal year 2024. This represents a 33% increase from $402.3M in 2023.
Navan, Inc. (NAVN) grew revenue by 33.5% over the past year. This is strong growth.
Navan, Inc. (NAVN) reported a net loss of $181.1M for fiscal year 2024.
Dividend & Returns
Navan, Inc. (NAVN) has a return on equity (ROE) of -108.6%. Negative ROE indicates the company is unprofitable.
Navan, Inc. (NAVN) had negative free cash flow of $51.4M in fiscal year 2024, likely due to heavy capital investments.
Explore More NAVN
Navan, Inc. (NAVN) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
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Dividend History
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Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates