NextNav Inc. (NN) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
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NN Revenue Growth
Revenue Breakdown (FY 2025)
NN's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
NN Revenue Analysis (2019–2025)
As of May 8, 2026, NextNav Inc. (NN) generated trailing twelve-month (TTM) revenue of $4.6 million, reflecting significant decline in growth of -50.5% year-over-year. The most recent quarter (Q4 2025) recorded $945,000 in revenue, up 6.5% sequentially.
Looking at the longer-term picture, NN's 5-year compound annual growth rate (CAGR) stands at +51.7%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $5.7 million in 2024.
Revenue diversification analysis shows NN's business is primarily driven by Commercial Services (100%). With over half of revenue concentrated in Commercial Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Communication Services sector peers including TRMB (+3.2% YoY), ACEL (+8.4% YoY), and GRMN (+15.7% YoY), NN has underperformed the peer group in terms of revenue growth. Compare NN vs TRMB →
NN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NNCurrent | $5M | -50.5% | +51.7% | -1535.8% | |
 TRMB | $3.6B | +3.2% | +2.6% | 16.9% | |
 ACEL | $1.3B | +8.4% | +33.3% | 8.2% | |
 GRMN | $7.2B | +15.7% | +11.6% | 25.9% | |
 NOVT | $981M | +3.3% | +10.7% | 11.9% | |
 SATS | $15.0B | -5.2% | +51.4% | -118.1% |
NN Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.6M | -19.3% | $-11,717,000 | -256.2% | $-70,232,000 | -1535.8% |
| 2024 | $5.7M | +46.8% | $-5,108,000 | -90.1% | $-60,098,000 | -1060.1% |
| 2023 | $3.9M | -1.6% | $-8,881,000 | -230.0% | $-63,529,000 | -1645.0% |
| 2022 | $3.9M | +414.5% | $-7,880,000 | -200.7% | $-65,536,000 | -1669.3% |
| 2021 | $763K | +34.1% | $-17,627,000 | -2310.2% | $-42,429,000 | -5560.8% |
| 2020 | $569K | +247.0% | $-7,201,000 | -1265.6% | $-29,469,000 | -5179.1% |
| 2019 | $164K | - | $-5,523,000 | -3367.7% | $-17,281,000 | -10537.2% |
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Start ComparisonNN — Frequently Asked Questions
Quick answers to the most common questions about buying NN stock.
Is NN's revenue growth accelerating or slowing?
NN revenue declined -50.5% year-over-year, contrasting with the 5-year CAGR of +51.7%. TTM revenue fell to $5M. This reverses the prior growth trend.
What is NN's long-term revenue growth rate?
NextNav Inc.'s 5-year revenue CAGR of +51.7% reflects the variable expansion pattern. Current YoY growth of -50.5% is below this long-term average.
How is NN's revenue distributed by segment?
NN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.