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NNNextNav Inc.
$8.61$1.2B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
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NN logo

NextNav Inc.

NN
NASDAQ · Telecom Carriers
$8.61
At close - Nov 6, 4:00 PM EST - USD
Market Cap$1.17B
P/E-10.9x
52W High$24.42
Volume2.59M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Spectrum Monetization Doubt Amid Deepening Cash Burn

NextNav's fundamental outlook is clouded by persistent revenue contraction and deeply negative margins, with TTM revenue down 19.33% and gross margin at -256.22%, suggesting the spectrum assets may not be monetizable as assumed.

GrowthDecelerating
ProfitabilityNegative
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

NN price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

3/12 Beats

EPS beat 3 of last 12 quarters

02

Valuation risk

-137% Peers

P/E is 137% below peer median

03

Market leadership

RS 12 · Lag

Laggard (Underperforming 88% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 10

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
NN-46.92%
S&P 500 (^GSPC)+7.63%
1-Year Return
NN-27.28%
S&P 500 (^GSPC)+9.69%
3-Year Return
NN+87.58%
S&P 500 (^GSPC)+81.10%
5-Year Return
NN-12.23%
S&P 500 (^GSPC)+66.71%

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$5M-19.3% YoY
Net income FY25
-$189M-85.8% YoY
Free cash flow FY25
-$51M-32.4% YoY
Operating margin FY25
-1535.8%-475.7 pts YoY
ROIC (FY25)-43.9%
Avg ROIC 5Y-83.1%
ROE (TTM)-328.6%
Piotroski Score2 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate3/12 (25%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 11, 2026
-$0.24-54.8%
vs -$0.15
$1M+25.3%
vs $917,500
Q2 2026
May 14, 2026
-$0.12+14.3%
vs -$0.14
$995,000+5.5%
vs $943,500
Q2 2026
Mar 17, 2026
-$0.37-184.6%
vs -$0.13
$943,000+10.0%
vs $857,000
Q4 2025
Nov 6, 2025
-$0.12+14.3%
vs -$0.14
$887,000+3.5%
vs $857,000
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·4d ago
NextNav to Participate in November 2026 Conferences

RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (Nasdaq: NN), a leader in next-generation terrestrial Positioning, Navigation, and Timing (PNT) and 3D geolocation solutions, today announced that Chief Financial Officer, Tim Gray, will participate in the following conferences in November 2026: J.P. Morgan U.S. Opportunities Forum Location: Miami Date: November 12, 2026 Seaport Research's 4th Annual Virtual TMT Conference Location: Virtual Date: November 16, 2026 ROTH 15th Annual Technology Conference.

Business Wire·Oct 27, 2026
NextNav Announces Date for Third Quarter 2026 Earnings Call

RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (“NextNav”) (NASDAQ: NN), a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today announced that it will release its results for the third quarter ended September 30, 2026 after market close on Tuesday, November 10, 2026, and will host a conference call on the same day at 5:00 PM ET to discuss its results. Registration for the conference call can be completed by visiting the following website prior to, or on the.

Zacks Investment Research·Oct 27, 2026
Spartacus Acquisition (NN) Surges 11.9%: Is This an Indication of Further Gains?

Spartacus Acquisition (NN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

GuruFocus·Oct 9, 2026
Is NextNav Inc (NN) Overvalued After 6.5% Rally? GF Value Says Overvalued

On October 09, 2026, NextNav Inc (NN) shares rose 6.5% today, with the current price at $12.35. This price is situated within a 52-week range of $10.77 to $24.4

Filtered for NextNav Inc.More Headlines
04

Compare before deciding

Benchmark NN against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for NextNav Inc. (NN)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
NN logoNNNextNav Inc.Current
$8.61$1.17B-10.90-19.33%-2812.55%-328.55%—
TRMB logoTRMBTrimble Inc.
$54.11$12.61B-80.32-2.61%-4.08%-2.91%—
ACEL logoACELAccel Entertainment, Inc.
$13.72$1.12B17.918.12%4.48%22.28%—
GRMN logoGRMNGarmin Ltd.
$285.57$55.07B27.4115.06%25.58%21.91%1.2%
NOVT logoNOVTNovanta Inc.
$135.15$4.81B90.083.3%6%4.9%—
SATS logoSATSEchoStar Corporation
$94.27$8.53B-34.14-99.96%-3648.31%-22.91%0.05%

Compare NN vs Peers

NextNav Inc. (NN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs TRMB

Most directly comparable listed peer for NN.

Scale Benchmark

vs QCOM

Larger-name benchmark to compare NN against a more recognizable public peer.

Peer Set

Compare Top 5

vs TRMB, ACEL, GRMN, NOVT

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

NN SEC Filings & Documents

NextNav Inc. (NN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 11, 2026·SEC

Material company update

Jun 16, 2026·SEC

Material company update

May 27, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 17, 2026·SEC

FY 2025

Mar 12, 2025·SEC

FY 2024

Mar 13, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 11, 2026·SEC

FY 2026

May 14, 2026·SEC

FY 2025

Nov 6, 2025·SEC

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NN Frequently Asked Questions

NextNav Inc. (NN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is NextNav Inc.'s revenue?

NextNav Inc. (NN) reported $4.0M in revenue over the trailing twelve months. Revenue was $4.6M in fiscal year 2025. That is 2688% more than the $0.2M of fiscal year 2019.

How fast is NextNav Inc. growing?

NextNav Inc. (NN) revenue fell by 36.5% over the trailing twelve months, compared with the twelve months before.

Is NN profitable?

No. NextNav Inc. (NN) reported a net loss of $111.9M over the trailing twelve months.

Dividend & Returns
What is NN's return on equity?

NextNav Inc. (NN) had a return on equity (ROE) of -328.6% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is NextNav Inc.'s free cash flow?

NextNav Inc. (NN) had negative free cash flow of $53.5M over the trailing twelve months.

What if you invested $1,000 in NN back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →