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NNNextNav Inc.
$14.39$2.0B
Overview & Tools
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Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
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Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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NN logo

NextNav Inc.

NN
NASDAQ · Internet Services
$14.39
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$1.96B
P/E-10.1x
52W High$24.42
Volume1.44M
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. The company's growth narrative ...

GrowthDecelerating
ProfitabilityNegative
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

NN price & volume

Price trend, volume and key moving averages

Launch Terminal
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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

-126% Peers

P/E is 126% below peer median

03

Market leadership

RS 39 · Lag

Laggard (Underperforming 61% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 11

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
NN-11.28%
S&P 500 (^GSPC)+12.39%
1-Year Return
NN-15.05%
S&P 500 (^GSPC)+15.77%
3-Year Return
NN+165.99%
S&P 500 (^GSPC)+68.23%
5-Year Return
NN+42.26%
S&P 500 (^GSPC)+62.82%

Growth & profitability

Annual revenue & EPS trend
Revenue
$5M-19.3% YoY
Net income
-$189M-85.8% YoY
Free cash flow
-$51M-32.4% YoY
Operating margin
-1535.8%-475.7 pts YoY
ROIC (TTM)-43.9%
Avg ROIC 5Y-
ROE (TTM)-
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

5 Stories
Business Wire·1d ago
NextNav Expands Leadership Team with Two Key Hires

RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (NASDAQ: NN), a leader in next-generation positioning, navigation, and timing (PNT) and 3D geolocation, announced today that Marissa Mitrovich has joined the company as Vice President of Government Affairs, and Vijay Venkateswaran has been appointed Chief Business Development Officer. Together, the hires bring decades of policy and commercial business development and strategy expertise necessary to advance the company's 5G-powered 3D PNT and sensing so.

GuruFocus·5d ago
NextNav Inc (NN) Stock Down 4.6% but Still Overvalued -- GF Score: 47/100

On September 18, 2026, NextNav Inc (NN) shares fell 4.6%, bringing the current price to $14.22. The stock has experienced significant volatility, with a 52-week

Business Wire·Sep 15, 2026
World's First 5G PNT Network Demonstrates Single-Digit-Meter Positioning Performance

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 initial real-world field validation of single-digit-meter positioning performance using standards-based 5G Positioning Reference Signals (PRS). The company conducted field testing over the air in both outdoor and indoor environments, achieving single-digit-meter horizontal accuracy using PRS signals transmitted f.

Business Wire·Aug 25, 2026
NextNav to Participate in HC Wainwright Global Investor Conference

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 HC Wainwright Global Investor Conference on September 14, 2026. To schedule a meeting with NextNav, please reach out to your H.C. Wainwright representative. About NextNav NextNav Inc. (Nasdaq: NN) is a leader in next-generation 3D Positioning, Naviga.

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
$14.39$1.96B-10.13-19.33%-4138.49%——
TRMB logoTRMBTrimble Inc.
$59.32$13.83B33.90-2.61%-2.77%-1.87%—
ACEL logoACELAccel Entertainment, Inc.
$11.08$901.83M18.478.12%4.08%20.44%—
GRMN logoGRMNGarmin Ltd.
$287.63$55.47B33.4815.06%24.47%21%—
NOVT logoNOVTNovanta Inc.
$144.43$5.14B98.253.3%6%4.9%—
SATS logoSATSEchoStar Corporation
$85.32$24.59B-1.69-5.18%-38.71%-69.3%—

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 for fiscal year 2025. This represents a 2325% increase from $0.2M in 2019.

How fast is NextNav Inc. growing?

NextNav Inc. (NN) saw revenue decline by 19.3% over the past year.

Is NN profitable?

NextNav Inc. (NN) reported a net loss of $111.9M for fiscal year 2025.

Dividend & Returns
What is NextNav Inc.'s free cash flow?

NextNav Inc. (NN) had negative free cash flow of $53.5M in fiscal year 2025, likely due to heavy capital investments.

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

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

See returns →