profit from every $100 of sales.
$0$100
Navan
$26.40+6.97% today
+57.0% in 1 year
1-year low $8.511-year high $30.58
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2024 to 2026.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Navan sold, what it kept, and what it did with the cash.
Sales went from $402 million in 2024 to $702 million in 2026, with -$398 million of profit last year.
SalesProfit
Navan vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Navan | No profit yet | ||
 SAP | 34.0× · Expensive | ||
 Quhuo | No profit yet | ||
 Shopify | 156.0× · Very expensive | ||
 Salesforce | 24.1× · Fair price |
AI analysis
An AI analyst reads Navan's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2024 | 2025 | 2026 |
|---|---|---|---|
| 402 | 537 | 702 | |
| 240 | 367 | 500 | |
| -246 | -108 | -197 | |
| -236 | -71 | -284 | |
| -332 | -181 | -398 | |
| -7.44 | -4.00 | -4.07 | |
| 59.6% | 68.4% | 71.3% | |
| -61.2% | -20.1% | -28.0% | |
| -82.4% | -33.7% | -56.7% |
Balance sheet
| In millions of USD | 2024 | 2025 | 2026 |
|---|---|---|---|
| Total assets | – | 1,084 | 1,709 |
| Cash | 166 | 158 | 584 |
| Total debt | – | 618 | 174 |
| Total liabilities | – | 970 | 501 |
| -1,082 | -1,187 | 1,208 | |
| 45 | 45 | 98 | |
| – | – | -19.7% | |
| 30.6% | 15.3% | -32.9% |
Cash flow
| In millions of USD | 2024 | 2025 | 2026 |
|---|---|---|---|
| -166 | -50 | 34 | |
| – | – | 19 | |
| – | – | 15 | |
| Dividends paid | – | – | – |
| – | – | – | |
| 76 | 77 | 182 |
Valuation
- –
- 150.8×
- –
- 4.0×
- 9.8×
- 465.6×
- –
- 0.2%
- -5.8%
- 0.0%
Profitability
- 71.3%
- -28.0%
- -56.7%
- -34.9%
- -13.9%
- -31.2%
- -38.0%
- -20.8%
- -14.1%
- 20.8%
Growth
- +32.1%
- –
- +128.7%
- –
- −37.2%
Financial health
- -1.4×
- 0.14
- 10.1%
- -5.3×
- 4.27
- 4.27
- 0.45
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 6%of 974
Bottom 5%of 975
Top 13%of 982
Bottom 33%of 985
What analysts expect
- Average price target
- $22.30
- Range
- $15.00 – $26.00
- 4 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 25, 2026 | 0.02 | -0.06 | +133.3% |
| Dec 15, 2025 | 0.14 | -0.08 | +281.8% |
| Oct 10, 2025 | -0.18 | – | – |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
36No pass
Benjamin Graham
41No pass
Philip Fisher
54No pass
Peter Lynch
72Pass
Joel Greenblatt
2No pass
Charlie Munger
42No pass
Terry Smith
37No pass
Questions about Navan
Is Navan a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Navan AI analysis
What does Navan do?
Navan, Inc. delivers an innovative, AI-powered software platform engineered to simplify the complex landscape of corporate travel and expense management. It is in Software - Application, based in Palo Alto, CA, United States, with 3,700 employees.
Does Navan pay a dividend?
No. Navan does not pay a dividend at the moment.
Is Navan stock halal?
Yes. Navan passes our halal screen: its business is permitted and its debt is 3% of its market value, under the 30% limit. How we check
How has Navan stock done over the past year?
Up 57.0% over the past twelve months, to $26.40. It traded between $8.51 and $30.58 and is 13.7% below its high.
Who are Navan's competitors?
The largest listed companies in the same industry are SAP, Quhuo, Shopify and Salesforce. The peers table on this page compares their profit, growth and price with Navan's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.