profit from every $100 of sales.

NextNav
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What NextNav sold, what it kept, and what it did with the cash.
Sales went from $3.93 million in 2022 to $4.57 million in 2025, with -$189 million of profit last year.
NextNav 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 |
|---|---|---|---|
NextNav | No profit yet | ||
Alphabet | 27.3× · Fair price | ||
Meta | 26.6× · Fair price | ||
Tencent Holdings | 13.9× · Cheap | ||
Recruit | 60.2× · Very expensive |
AI analysis
An AI analyst reads NextNav'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 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 4 | 4 | 6 | 5 | |
| -8 | -9 | -5 | -4 | |
| -66 | -64 | -60 | -70 | |
| -62 | -59 | -55 | -62 | |
| -40 | -72 | -102 | -189 | |
| -0.40 | -0.66 | -0.84 | -1.42 | |
| -200.7% | -230.0% | -90.1% | -86.7% | |
| -1,669.3% | -1,645.0% | -1,060.1% | -1,535.8% | |
| -1,021.8% | -1,857.5% | -1,797.1% | -4,138.5% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 124 | 162 | 162 | 247 |
| Cash | 47 | 82 | 39 | 45 |
| Total debt | 8 | 66 | 71 | 289 |
| Total liabilities | 20 | 82 | 112 | 333 |
| 100 | 79 | 50 | -86 | |
| 101 | 108 | 122 | 133 | |
| -48.0% | -34.6% | -39.1% | -27.4% | |
| -40.1% | -91.1% | -203.3% | 219.5% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -37 | -35 | -38 | -51 | |
| 4 | 4 | 1 | 0 | |
| -41 | -39 | -39 | -51 | |
| Dividends paid | – | – | – | – |
| 0 | 0 | – | – | |
| 27 | 22 | 14 | 17 |
Valuation
- –
- –
- –
- -30.4×
- 311.9×
- –
- –
- -3.6%
- -13.3%
- 0.0%
Profitability
- -86.7%
- -1,535.8%
- -4,138.5%
- -1,842.3%
- -29.5%
- -81.8%
- 508.1%
- -76.3%
- -29.8%
- 414.4%
Growth
- +5.2%
- –
- −32.4%
- –
- +7.9%
Financial health
- –
- -3.35
- 116.3%
- -5.6×
- 12.71
- 12.71
- 0.02
How it ranks in Communication Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $26.33
- Range
- $25.00 – $29.00
- 3 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 |
|---|---|---|---|
| May 14, 2026 | -0.12 | -0.15 | +20.0% |
| Mar 17, 2026 | -0.13 | -0.13 | +0.0% |
| Nov 6, 2025 | -0.12 | -0.14 | +14.3% |
| Aug 6, 2025 | -0.30 | -0.14 | −114.3% |
| May 9, 2025 | -0.15 | -0.14 | −7.1% |
| Mar 12, 2025 | -0.25 | -0.15 | −66.7% |
| Nov 13, 2024 | -0.11 | -0.15 | +26.7% |
| Aug 7, 2024 | -0.21 | -0.15 | −40.0% |
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
0/6Passes 0 of 6. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about NextNav
Is NextNav a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 6 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 NextNav AI analysis
What does NextNav do?
NextNav Inc. provides next generation global positioning system (GPS) and 3D geolocation services. The company delivers next generation positioning, navigation, and timing solutions through its network-based Pinnacle and TerraPoiNT solutions. It is in Internet Content & Information, based in Reston, VA, United States, with 103 employees.
Does NextNav pay a dividend?
No. NextNav does not pay a dividend at the moment.
Is NextNav stock halal?
Yes. NextNav passes our halal screen: its business is permitted and its debt is 20% of its market value, under the 30% limit. How we check
How has NextNav stock done over the past year?
Down 32.5% over the past twelve months, to $8.45. It traded between $8.03 and $23.59 and is 64.2% below its high.
Who are NextNav's competitors?
The largest listed companies in the same industry are Alphabet, Meta, Tencent Holdings and Recruit. The peers table on this page compares their profit, growth and price with NextNav's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



