NextNav (NN) Financials

$12.44 -0.43 (-3.34%)

Closing price 05/23/2025 04:00 PM Eastern

Extended Trading

$12.57 +0.13 (+1.08%)

As of 05/23/2025 07:57 PM Eastern

Annual Income Statements for NextNav

This table shows NextNav's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Net Income / (Loss) Attributable to Common Shareholders	-102	-72	-40	-158	-170
Consolidated Net Income / (Loss)	-204	-143	-80	-145	-275
Net Income / (Loss) Continuing Operations	-102	-72	-40	-126	-137
Total Pre-Tax Income	-102	-72	-40	-145	-137
Total Operating Income	-60	-64	-66	-42	-29
Total Gross Profit	-5.11	3.86	3.93	0.76	0.57
Total Revenue	5.67	3.86	3.93	0.76	0.57
Operating Revenue	5.67	3.86	3.93	0.76	0.57
Total Cost of Revenue	11	0.00	0.00	0.00	0.00
Operating Cost of Revenue	11	-	-	-	-
Total Operating Expenses	55	67	69	25	30
Selling, General & Admin Expense	34	30	37	14	13
Research & Development Expense	16	20	17	9.47	8.78
Depreciation Expense	5.24	4.82	3.67	1.78	0.24
Total Other Income / (Expense), net	-42	-7.99	25	-102	-108
Interest Expense	9.40	3.66	-0.90	18	10
Other Income / (Expense), net	-32	-4.32	24	-84	-98
Income Tax Expense	0.17	0.22	-0.03	0.05	0.04
Basic Earnings per Share	($0.84)	($0.66)	($0.40)	($6.73)	($23.20)
Weighted Average Basic Shares Outstanding	121.50M	107.97M	101.03M	23.56M	7.35M
Diluted Earnings per Share	($0.84)	($0.66)	($0.40)	($6.73)	($23.20)
Weighted Average Diluted Shares Outstanding	121.50M	107.97M	101.03M	23.56M	7.35M
Weighted Average Basic & Diluted Shares Outstanding	131.45M	111.19M	107.12M	23.56M	7.35M

This table shows NextNav's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-59	-32	-14	-24	-32	-16	-23	-16	-16	-13	-19
Consolidated Net Income / (Loss)	-59	-134	-14	-24	-32	-88	-23	-16	-16	-53	-19
Net Income / (Loss) Continuing Operations	-59	-32	-14	-24	-32	-16	-23	-16	-16	-13	-19
Total Pre-Tax Income	-59	-32	-14	-24	-32	-16	-23	-16	-16	-13	-19
Total Operating Income	-17	-15	-14	-15	-16	-20	-15	-15	-14	-15	-18
Total Gross Profit	-0.99	-0.60	-0.98	-1.82	-1.72	11	-2.21	-2.34	-2.19	0.80	0.50
Total Revenue	1.54	1.91	1.61	1.11	1.05	1.21	1.03	0.80	0.83	0.80	0.50
Operating Revenue	1.54	1.91	1.61	1.11	1.05	1.21	1.03	0.80	0.83	0.80	0.50
Total Cost of Revenue	2.53	2.51	2.59	2.92	2.76	-9.40	3.23	3.14	3.02	-	0.00
Operating Cost of Revenue	2.53	2.51	2.59	2.92	2.76	-	3.23	3.14	3.02	-	-
Total Operating Expenses	16	14	13	14	14	31	12	13	12	15	18
Selling, General & Admin Expense	11	8.94	8.02	8.11	8.45	12	6.15	6.52	6.05	-1.82	13
Research & Development Expense	4.04	3.92	3.55	4.11	4.67	4.92	5.01	4.99	4.58	4.33	4.57
Depreciation Expense	1.45	1.31	1.31	1.30	1.32	1.26	1.26	1.18	1.13	1.01	0.89
Total Other Income / (Expense), net	-42	-17	0.27	-8.99	-15	3.60	-8.58	-0.59	-2.41	1.96	-0.78
Interest Expense	14	2.70	2.22	2.32	2.17	2.05	1.74	0.34	-0.47	-0.46	-0.34
Interest & Investment Income	-2.74	-	-	-	-	-	-	-	-	-	-
Other Income / (Expense), net	-24	-15	2.49	-6.67	-13	5.65	-6.84	-0.25	-2.88	1.51	-1.11
Income Tax Expense	0.06	0.04	0.03	0.07	0.04	0.06	0.02	0.15	-0.01	-0.07	0.02
Basic Earnings per Share	($0.45)	($0.24)	($0.11)	($0.21)	($0.28)	($0.15)	($0.21)	($0.15)	($0.15)	($0.13)	($0.18)
Weighted Average Basic Shares Outstanding	131.10M	121.50M	126.43M	115.21M	111.06M	107.97M	108.05M	106.75M	106.41M	101.03M	101.40M
Diluted Earnings per Share	($0.45)	($0.24)	($0.11)	($0.21)	($0.28)	($0.15)	($0.21)	($0.15)	($0.15)	($0.13)	($0.18)
Weighted Average Diluted Shares Outstanding	131.10M	121.50M	126.43M	115.21M	111.06M	107.97M	108.05M	106.75M	106.41M	101.03M	101.40M
Weighted Average Basic & Diluted Shares Outstanding	132.40M	131.45M	128.86M	126.32M	120.70M	111.19M	110.14M	108.22M	107.72M	107.12M	106.38M

This table details how cash moves in and out of NextNav's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Net Change in Cash & Equivalents	-43	35	-53	86	-0.81
Net Cash From Operating Activities	-38	-35	-37	-48	-28
Net Cash From Continuing Operating Activities	-38	-35	-37	-48	-28
Net Income / (Loss) Continuing Operations	-102	-72	-40	-145	-137
Consolidated Net Income / (Loss)	-102	-72	-40	-145	-137
Depreciation Expense	5.24	4.82	3.67	1.78	0.24
Amortization Expense	6.17	3.15	0.00	9.26	0.75
Non-Cash Adjustments To Reconcile Net Income	45	26	2.04	100	109
Changes in Operating Assets and Liabilities, net	7.03	2.67	-2.69	-14	-0.90
Net Cash From Investing Activities	-39	1.07	-16	-1.28	-7.18
Net Cash From Continuing Investing Activities	-39	1.07	-16	-1.28	-7.18
Purchase of Property, Plant & Equipment	-3.08	-2.75	-2.96	-1.28	-6.42
Purchase of Investments	-82	-37	-14	0.00	-
Sale and/or Maturity of Investments	47	42	5.50	0.00	-
Other Investing Activities, net	-0.44	-0.98	-0.61	-	-0.76
Net Cash From Financing Activities	35	69	0.04	136	35
Net Cash From Continuing Financing Activities	35	69	0.04	136	35
Repayment of Debt	-0.11	-1.97	-0.02	-97	-5.54
Issuance of Debt	0.00	70	0.00	25	40
Other Financing Activities, net	35	0.96	0.06	208	-
Effect of Exchange Rate Changes	-0.18	0.03	-0.06	-0.02	-
Cash Interest Paid	3.50	1.81	0.00	4.94	-
Cash Income Taxes Paid	-0.20	-0.15	0.00	-	-

This table details how cash moves in and out of NextNav's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	111	-29	4.93	-10	-8.56	-8.25	37	8.97	-3.42	-16	-19
Net Cash From Operating Activities	-12	-12	-6.78	-12	-6.99	-11	-8.69	-8.49	-7.43	-12	-8.41
Net Cash From Continuing Operating Activities	-12	-12	-6.78	-12	-6.99	-11	-8.69	-8.49	-7.43	-12	-8.41
Net Income / (Loss) Continuing Operations	-59	-32	-14	-24	-32	-16	-23	-16	-16	-13	-19
Consolidated Net Income / (Loss)	-59	-32	-14	-24	-32	-16	-23	-16	-16	-13	-19
Depreciation Expense	1.45	1.31	1.31	1.29	1.32	1.26	1.26	1.18	1.13	1.01	0.89
Amortization Expense	1.74	1.65	1.58	1.51	1.44	1.38	1.29	0.48	0.00	-	-
Non-Cash Adjustments To Reconcile Net Income	42	17	0.58	10	17	3.50	11	4.48	6.75	4.42	7.79
Changes in Operating Assets and Liabilities, net	1.18	0.05	3.36	-0.82	4.44	-0.58	1.06	1.15	1.05	-4.84	1.64
Net Cash From Investing Activities	3.01	-22	4.66	-20	-2.11	2.57	25	-31	4.02	-4.44	-11
Net Cash From Continuing Investing Activities	3.01	-22	4.66	-20	-2.11	2.57	25	-31	4.02	-4.44	-11
Purchase of Property, Plant & Equipment	-0.03	-0.17	-0.00	-2.88	-0.03	-0.21	-0.21	-1.48	-0.86	-1.24	-1.09
Acquisitions	-0.10	-	-0.09	-0.10	-0.16	-	-0.20	-0.16	-0.34	-2.61	-1.25
Purchase of Investments	-31	-38	-19	-20	-5.92	-3.95	-2.96	-31	0.00	-5.47	-8.17
Sale and/or Maturity of Investments	35	16	24	3.00	4.00	7.00	29	1.50	5.21	5.50	-
Net Cash From Financing Activities	120	5.37	7.07	22	0.52	-0.02	21	48	-0.00	-0.00	-0.00
Net Cash From Continuing Financing Activities	120	5.37	7.07	22	0.52	-0.02	21	48	-0.00	-0.00	-0.00
Repayment of Debt	-71	-0.03	-0.03	-0.03	-0.03	-0.03	-0.05	-1.87	-0.03	-0.02	-
Issuance of Debt	190	-	-	-	-	-	20	-	-	-	-
Other Financing Activities, net	0.75	5.40	7.09	22	0.54	0.01	0.91	0.01	0.03	0.01	-
Effect of Exchange Rate Changes	0.09	-0.19	-0.01	0.00	0.02	0.03	0.01	-0.01	-0.01	-0.01	-0.01

This table presents NextNav's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Total Assets	162	162	124	137	45
Total Current Assets	86	91	61	106	18
Cash & Equivalents	39	82	47	100	8.67
Short-Term Investments	41	3.95	8.22	0.00	-
Accounts Receivable	3.30	2.33	2.17	1.74	0.08
Other Current Assets	2.63	3.06	3.58	4.52	4.32
Plant, Property, & Equipment, net	18	22	19	22	5.71
Total Noncurrent Assets	58	49	43	8.73	21
Goodwill	17	18	17	0.00	-
Intangible Assets	9.59	11	10	4.10	4.14
Other Noncurrent Operating Assets	31	21	16	4.64	17
Total Liabilities & Shareholders' Equity	162	162	124	137	45
Total Liabilities	112	82	20	37	166
Total Current Liabilities	12	9.80	8.89	6.68	4.24
Accounts Payable	9.39	6.98	6.26	5.05	4.24
Current Deferred Revenue	0.29	0.30	0.10	1.63	0.00
Other Current Liabilities	2.46	2.52	2.53	0.00	-
Total Noncurrent Liabilities	99	72	11	29	161
Long-Term Debt	55	48	0.00	-	60
Other Noncurrent Operating Liabilities	45	24	5.75	29	101
Total Equity & Noncontrolling Interests	50	80	104	100	-490
Total Preferred & Common Equity	50	79	100	100	-478
Total Common Equity	50	79	100	100	-490
Common Stock	912	837	787	748	0.00
Retained Earnings	-862	-760	-688	-648	-490
Treasury Stock	-0.69	-0.67	-0.00	0.00	-
Accumulated Other Comprehensive Income / (Loss)	0.67	2.20	1.37	-0.12	-0.10
Noncontrolling Interest	0.00	1.36	3.85	0.00	358

This table presents NextNav's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	269	172	172	166	173	161	117	114
Total Current Assets	193	104	104	97	102	90	52	75
Cash & Equivalents	150	68	63	73	90	53	44	64
Short-Term Investments	38	19	23	5.92	6.96	32	2.99	8.17
Accounts Receivable	1.65	2.24	2.25	1.50	2.74	1.83	1.19	1.44
Other Current Assets	3.41	15	16	16	2.32	2.93	3.64	1.69
Plant, Property, & Equipment, net	17	17	18	19	21	21	20	19
Total Noncurrent Assets	58	50	50	50	50	51	45	20
Goodwill	18	18	17	18	17	18	18	-
Intangible Assets	9.45	10	10	10	10	11	11	4.15
Other Noncurrent Operating Assets	31	22	23	22	23	22	17	15
Total Liabilities & Shareholders' Equity	269	172	172	166	173	161	117	114
Total Liabilities	262	106	108	108	89	66	24	21
Total Current Liabilities	12	21	18	24	11	9.68	8.15	9.01
Accounts Payable	8.44	18	15	21	0.92	0.88	5.65	6.21
Current Deferred Revenue	0.31	0.30	0.22	0.29	0.07	0.06	0.06	0.04
Other Current Liabilities	2.80	2.54	2.43	2.42	2.63	2.76	2.44	2.76
Total Noncurrent Liabilities	250	85	91	84	78	57	16	12
Long-Term Debt	213	53	51	50	47	34	-	-
Other Noncurrent Operating Liabilities	37	32	40	34	31	23	16	12
Total Equity & Noncontrolling Interests	6.57	66	64	57	84	95	93	92
Total Preferred & Common Equity	6.57	66	64	56	80	91	89	92
Total Common Equity	6.57	66	64	56	80	91	89	92
Common Stock	926	894	879	847	823	810	792	769
Retained Earnings	-921	-830	-816	-792	-744	-721	-705	-676
Treasury Stock	-0.69	-0.69	-0.69	-0.67	-0.00	-0.00	-0.00	-0.00
Accumulated Other Comprehensive Income / (Loss)	1.66	2.50	1.50	1.68	1.15	1.82	1.80	-0.15

This table displays calculated financial ratios and metrics derived from NextNav's official financial filings.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Growth Metrics	-	-	-	-	-
Revenue Growth	46.79%	-1.63%	414.55%	34.09%	0.00%
EBITDA Growth	-35.10%	-60.21%	67.71%	8.35%	0.00%
EBIT Growth	-36.04%	-65.31%	67.62%	0.38%	0.00%
NOPAT Growth	5.40%	3.06%	-54.46%	-43.98%	0.00%
Net Income Growth	-42.02%	-78.82%	44.54%	47.33%	0.00%
EPS Growth	-27.27%	-65.00%	94.06%	70.99%	0.00%
Operating Cash Flow Growth	-7.25%	4.46%	22.61%	-68.74%	0.00%
Free Cash Flow Firm Growth	28.35%	65.98%	6.49%	0.00%	0.00%
Invested Capital Growth	-42.34%	-20.48%	4,405.70%	101.60%	0.00%
Revenue Q/Q Growth	14.23%	11.62%	24.91%	0.00%	0.00%
EBITDA Q/Q Growth	-22.65%	0.62%	29.89%	0.00%	0.00%
EBIT Q/Q Growth	-19.80%	-1.89%	37.11%	0.00%	0.00%
NOPAT Q/Q Growth	7.91%	-9.28%	-0.58%	0.00%	0.00%
Net Income Q/Q Growth	-29.17%	-32.90%	-8.69%	0.00%	0.00%
EPS Q/Q Growth	-12.00%	-3.13%	-110.34%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-3.02%	2.95%	15.09%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	44.71%	38.12%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-22.50%	25.33%	159.71%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-
Gross Margin	-90.10%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	-1,426.94%	-1,550.44%	-951.96%	-15,168.15%	-22,192.97%
Operating Margin	-1,060.12%	-1,644.98%	-1,669.28%	-5,560.81%	-5,179.09%
EBIT Margin	-1,628.24%	-1,756.86%	-1,045.47%	-16,614.94%	-22,365.73%
Profit (Net Income) Margin	-3,594.25%	-3,714.91%	-2,043.61%	-18,960.16%	-48,272.76%
Tax Burden Percent	200.34%	200.62%	199.86%	100.04%	200.06%
Interest Burden Percent	110.18%	105.40%	97.80%	114.07%	107.89%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-124.95%	-92.24%	-167.12%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	389.34%	133.94%	-120.98%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-188.00%	-63.74%	88.39%	0.00%	0.00%
Return on Equity (ROE)	-312.95%	-155.98%	-78.73%	74.11%	56.01%
Cash Return on Invested Capital (CROIC)	-71.24%	-69.43%	-358.44%	-8,827.63%	0.00%
Operating Return on Assets (OROA)	-57.00%	-47.46%	-31.50%	-139.52%	-283.42%
Return on Assets (ROA)	-125.82%	-100.35%	-61.57%	-159.21%	-611.71%
Return on Common Equity (ROCE)	-309.68%	-151.56%	-77.24%	74.11%	56.01%
Return on Equity Simple (ROE_SIMPLE)	-406.53%	-182.22%	-80.22%	-144.73%	57.40%
Net Operating Profit after Tax (NOPAT)	-42	-44	-46	-30	-21
NOPAT Margin	-742.08%	-1,151.48%	-1,168.50%	-3,892.57%	-3,625.36%
Net Nonoperating Expense Percent (NNEP)	-514.29%	-226.18%	-46.14%	72.47%	61.06%
Return On Investment Capital (ROIC_SIMPLE)	-40.16%	-34.60%	-	-	-
Cost of Revenue to Revenue	190.10%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	591.11%	785.19%	940.55%	1,776.54%	2,329.70%
R&D to Revenue	286.51%	505.00%	434.51%	1,240.50%	1,542.53%
Operating Expenses to Revenue	970.01%	1,744.98%	1,769.28%	3,250.59%	5,279.09%
Earnings before Interest and Taxes (EBIT)	-92	-68	-41	-127	-127
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-81	-60	-37	-116	-126
Valuation Ratios	-	-	-	-	-
Price to Book Value (P/BV)	40.01	6.22	3.12	0.00	0.00
Price to Tangible Book Value (P/TBV)	85.09	9.78	4.32	0.00	0.00
Price to Revenue (P/Rev)	353.70	126.90	79.40	0.00	0.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	80.39	10.63	4.94	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	349.20	117.58	67.60	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-
Debt to Equity	1.09	0.60	0.05	0.00	-0.12
Long-Term Debt to Equity	1.09	0.60	0.05	0.00	-0.12
Financial Leverage	-0.48	-0.48	-0.73	-0.81	-0.85
Leverage Ratio	2.49	1.55	1.28	-0.47	-0.09
Compound Leverage Factor	2.74	1.64	1.25	-0.53	-0.10
Debt to Total Capital	52.15%	37.69%	4.85%	0.00%	-13.97%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	52.15%	37.69%	4.85%	0.00%	-13.97%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	-2.76%
Noncontrolling Interests to Total Capital	0.00%	1.06%	3.52%	0.00%	-83.14%
Common Equity to Total Capital	47.85%	61.25%	91.63%	100.00%	113.97%
Debt to EBITDA	-0.68	-0.81	-0.14	0.00	-0.48
Net Debt to EBITDA	0.32	0.62	1.34	0.00	-0.37
Long-Term Debt to EBITDA	-0.68	-0.81	-0.14	0.00	-0.48
Debt to NOPAT	-1.30	-1.09	-0.12	0.00	-2.91
Net Debt to NOPAT	0.61	0.84	1.09	0.00	-2.25
Long-Term Debt to NOPAT	-1.30	-1.09	-0.12	0.00	-2.91
Altman Z-Score	2.02	-3.73	1.04	0.00	0.00
Noncontrolling Interest Sharing Ratio	1.05%	2.83%	1.89%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-
Current Ratio	7.09	9.31	6.89	15.92	4.26
Quick Ratio	6.87	8.99	6.48	15.24	2.06
Cash Flow Metrics	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-24	-33	-98	-105	0.00
Operating Cash Flow to CapEx	-1,233.23%	-1,288.26%	-1,251.52%	-3,738.85%	-442.51%
Free Cash Flow to Firm to Interest Expense	-2.55	-9.14	0.00	-5.90	0.00
Operating Cash Flow to Interest Expense	-4.04	-9.67	0.00	-2.69	-2.83
Operating Cash Flow Less CapEx to Interest Expense	-4.37	-10.42	0.00	-2.76	-3.47
Efficiency Ratios	-	-	-	-	-
Asset Turnover	0.04	0.03	0.03	0.01	0.01
Accounts Receivable Turnover	2.01	1.72	2.01	0.84	7.39
Inventory Turnover	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.29	0.19	0.19	0.06	0.10
Accounts Payable Turnover	1.32	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	181.34	212.65	181.66	434.60	49.39
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	277.33	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	-95.99	212.65	181.66	434.60	49.39
Capital & Investment Metrics	-	-	-	-	-
Invested Capital	25	43	54	1.19	-74
Invested Capital Turnover	0.17	0.08	0.14	-0.02	-0.01
Increase / (Decrease) in Invested Capital	-18	-11	53	76	0.00
Enterprise Value (EV)	1,980	454	265	0.00	0.00
Market Capitalization	2,005	490	312	0.00	0.00
Book Value per Share	$0.39	$0.71	$0.94	$4.24	($66.75)
Tangible Book Value per Share	$0.18	$0.46	$0.68	$4.07	($67.32)
Total Capital	105	129	109	100	-430
Total Debt	55	48	5.29	0.00	60
Total Long-Term Debt	55	48	5.29	0.00	60
Net Debt	-25	-37	-50	-100	46
Capital Expenditures (CapEx)	3.08	2.75	2.96	1.28	6.42
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-6.21	-4.42	-3.14	-0.42	0.16
Debt-free Net Working Capital (DFNWC)	74	81	52	100	14
Net Working Capital (NWC)	74	81	52	100	14
Net Nonoperating Expense (NNE)	162	99	34	115	254
Net Nonoperating Obligations (NNO)	-25	-37	-50	-99	416
Total Depreciation and Amortization (D&A)	11	7.97	3.67	11	0.98
Debt-free, Cash-free Net Working Capital to Revenue	-109.61%	-114.32%	-80.06%	-55.57%	28.12%
Debt-free Net Working Capital to Revenue	1,303.60%	2,108.16%	1,332.22%	13,060.55%	2,430.40%
Net Working Capital to Revenue	1,303.60%	2,108.16%	1,332.22%	13,060.55%	2,430.40%
Earnings Adjustments	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.84)	($0.66)	($0.40)	($6.73)	$0.00
Adjusted Weighted Average Basic Shares Outstanding	121.50M	107.97M	101.03M	95.55M	0.00
Adjusted Diluted Earnings per Share	($0.84)	($0.66)	($0.40)	($6.73)	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	121.50M	107.97M	101.03M	95.55M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	($6.73)	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	131.45M	111.19M	107.12M	23.56M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-42	-44	-46	-30	-21
Normalized NOPAT Margin	-742.08%	-1,151.48%	-1,168.50%	-3,892.57%	-3,625.36%
Pre Tax Income Margin	-1,794.07%	-1,851.73%	-1,022.52%	-18,953.34%	-24,129.70%
Debt Service Ratios	-	-	-	-	-
EBIT to Interest Expense	-9.82	-18.52	0.00	-7.11	-12.68
NOPAT to Interest Expense	-4.47	-12.14	0.00	-1.66	-2.06
EBIT Less CapEx to Interest Expense	-10.15	-19.27	0.00	-7.18	-13.32
NOPAT Less CapEx to Interest Expense	-4.80	-12.89	0.00	-1.74	-2.69
Payout Ratios	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	-0.01%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from NextNav's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	47.13%	58.59%	56.48%	38.13%	26.02%	50.06%	104.18%	-43.70%	-30.78%	3,915.00%	82.25%
EBITDA Growth	-43.25%	-128.30%	55.17%	-40.96%	-69.60%	3.09%	-4.12%	-954.52%	-78.58%	57.02%	36.86%
EBIT Growth	-40.65%	-106.80%	47.03%	-44.00%	-74.67%	-9.65%	-12.62%	-2,251.97%	-73.93%	65.02%	35.13%
NOPAT Growth	-5.29%	25.92%	5.25%	-2.01%	-15.77%	-37.11%	18.49%	38.77%	13.07%	-2.68%	-155.29%
Net Income Growth	-85.32%	-52.22%	41.39%	-54.66%	-93.35%	-67.49%	-23.97%	-2,006.89%	-68.36%	-13.89%	42.23%
EPS Growth	-60.71%	-60.00%	47.62%	-40.00%	-86.67%	-15.38%	-16.67%	-1,600.00%	-50.00%	-103.14%	0.00%
Operating Cash Flow Growth	-74.36%	-10.29%	21.95%	-44.77%	5.95%	9.04%	-3.29%	20.46%	-21.81%	35.63%	-8.25%
Free Cash Flow Firm Growth	-334.74%	362.39%	68.71%	113.66%	112.41%	95.29%	28.90%	16.81%	-263.63%	0.00%	0.00%
Invested Capital Growth	11.98%	-42.34%	-6.76%	-34.43%	-38.93%	-20.48%	64.79%	100.32%	1,348.24%	4,405.70%	0.00%
Revenue Q/Q Growth	-19.47%	18.92%	45.43%	5.64%	-13.20%	17.33%	28.38%	-3.61%	3.36%	59.64%	-64.60%
EBITDA Q/Q Growth	-43.56%	-213.54%	55.85%	27.92%	-128.80%	38.43%	-38.82%	13.28%	-30.74%	33.85%	-1,239.27%
EBIT Q/Q Growth	-39.98%	-159.89%	48.34%	25.16%	-105.81%	33.43%	-40.43%	9.22%	-29.20%	31.62%	-2,783.24%
NOPAT Q/Q Growth	-15.17%	-6.58%	9.65%	5.07%	18.96%	-36.31%	2.73%	-7.74%	4.02%	18.97%	26.93%
Net Income Q/Q Growth	56.33%	-885.74%	44.20%	22.84%	64.13%	-279.55%	-47.24%	3.54%	68.93%	-180.93%	-2,364.81%
EPS Q/Q Growth	-87.50%	-118.18%	47.62%	25.00%	-86.67%	28.57%	-40.00%	0.00%	-15.38%	27.78%	-1,900.00%
Operating Cash Flow Q/Q Growth	-1.93%	-76.20%	44.84%	-76.01%	35.52%	-24.69%	-2.31%	-14.34%	37.64%	-41.60%	21.22%
Free Cash Flow Firm Q/Q Growth	-296.78%	204.81%	-265.97%	-31.43%	319.96%	87.50%	27.53%	37.68%	16.53%	-88.62%	15.22%
Invested Capital Q/Q Growth	26.96%	-22.50%	9.87%	3.59%	-34.63%	25.33%	-22.74%	-3.53%	-14.87%	159.71%	-6.08%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	-64.59%	-31.19%	-60.86%	-164.62%	-163.96%	879.83%	-214.70%	-292.75%	-264.22%	100.00%	100.00%
EBITDA Margin	-2,479.40%	-1,390.84%	-527.50%	-1,737.56%	-2,546.56%	-966.14%	-1,841.19%	-1,702.63%	-1,892.29%	-1,496.01%	-3,610.34%
Operating Margin	-1,104.87%	-772.58%	-861.98%	-1,387.51%	-1,543.98%	-1,653.86%	-1,423.56%	-1,878.75%	-1,680.72%	-1,810.09%	-3,566.00%
EBIT Margin	-2,686.74%	-1,545.74%	-707.28%	-1,991.13%	-2,810.52%	-1,185.39%	-2,089.19%	-1,909.88%	-2,027.83%	-1,622.29%	-3,787.48%
Profit (Net Income) Margin	-3,806.30%	-7,019.83%	-846.86%	-2,207.24%	-3,021.99%	-7,313.78%	-2,260.95%	-1,971.25%	-1,969.76%	-6,552.68%	-3,723.66%
Tax Burden Percent	100.10%	416.16%	100.19%	100.28%	100.14%	539.56%	100.10%	100.95%	99.92%	418.57%	100.08%
Interest Burden Percent	141.53%	109.13%	119.51%	110.54%	107.37%	114.35%	108.11%	102.24%	97.21%	96.50%	98.24%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-161.04%	-91.06%	-90.95%	-116.58%	-119.70%	-92.74%	-125.93%	-116.78%	-171.24%	-181.22%	-758.76%
ROIC Less NNEP Spread (ROIC-NNEP)	1,843.95%	302.76%	-81.61%	-84.78%	-66.37%	76.73%	-104.61%	-108.92%	-161.87%	-124.22%	-741.48%
Return on Net Nonoperating Assets (RNNOA)	-134.48%	-146.20%	45.71%	45.83%	33.74%	-36.52%	72.16%	72.84%	120.11%	90.76%	575.08%
Return on Equity (ROE)	-295.52%	-237.25%	-45.24%	-70.76%	-85.96%	-129.26%	-53.77%	-43.94%	-51.13%	-90.46%	-183.68%
Cash Return on Invested Capital (CROIC)	-155.48%	-71.24%	-131.75%	-84.99%	-76.61%	-69.43%	-197.57%	-196.91%	-355.87%	-358.44%	0.00%
Operating Return on Assets (OROA)	-76.25%	-54.11%	-20.36%	-52.29%	-81.10%	-32.02%	-50.37%	-39.29%	-56.99%	-48.88%	-209.07%
Return on Assets (ROA)	-108.03%	-245.73%	-24.38%	-57.96%	-87.20%	-197.56%	-54.52%	-40.56%	-55.35%	-197.43%	-205.55%
Return on Common Equity (ROCE)	-289.22%	-234.77%	-44.08%	-69.05%	-82.97%	-125.60%	-52.60%	-43.10%	-50.09%	-88.75%	-183.68%
Return on Equity Simple (ROE_SIMPLE)	-3,510.22%	0.00%	-240.56%	-262.10%	-283.92%	0.00%	-134.51%	-113.41%	-97.97%	0.00%	-79.85%
Net Operating Profit after Tax (NOPAT)	-12	-10	-9.70	-11	-11	-14	-10	-11	-9.77	-10	-13
NOPAT Margin	-773.41%	-540.81%	-603.39%	-971.26%	-1,080.78%	-1,157.70%	-996.49%	-1,315.13%	-1,176.51%	-1,267.06%	-2,496.20%
Net Nonoperating Expense Percent (NNEP)	-2,004.99%	-393.82%	-9.34%	-31.80%	-53.33%	-169.48%	-21.33%	-7.86%	-9.37%	-57.00%	-17.28%
Return On Investment Capital (ROIC_SIMPLE)	-5.42%	-9.87%	-	-	-	-10.85%	-	-	-	-	-
Cost of Revenue to Revenue	164.59%	131.19%	160.86%	264.62%	263.96%	-779.83%	314.70%	392.75%	364.22%	0.00%	0.00%
SG&A Expenses to Revenue	683.56%	467.82%	498.82%	733.76%	807.46%	962.82%	599.03%	814.50%	729.40%	-226.15%	2,580.91%
R&D to Revenue	262.38%	204.97%	220.60%	371.95%	446.46%	408.63%	487.54%	624.25%	551.57%	539.73%	907.95%
Operating Expenses to Revenue	1,040.29%	741.39%	801.12%	1,222.90%	1,380.02%	2,533.69%	1,208.86%	1,586.00%	1,416.51%	1,910.09%	3,666.00%
Earnings before Interest and Taxes (EBIT)	-41	-30	-11	-22	-29	-14	-21	-15	-17	-13	-19
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-38	-27	-8.48	-19	-27	-12	-19	-14	-16	-12	-18
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	243.38	40.01	14.43	15.33	13.09	6.22	6.93	3.47	2.45	3.12	2.95
Price to Tangible Book Value (P/TBV)	0.00	85.09	25.43	26.99	26.16	9.78	10.56	5.04	3.61	4.32	3.09
Price to Revenue (P/Rev)	259.62	353.70	190.64	223.34	179.41	126.90	160.76	107.87	61.13	79.40	86.78
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	51.96	80.39	28.71	32.64	25.20	10.63	14.97	6.11	3.82	4.94	9.72
Enterprise Value to Revenue (EV/Rev)	263.63	349.20	183.83	215.37	172.55	117.58	147.42	91.82	49.06	67.60	63.94
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	32.42	1.09	0.81	0.81	0.87	0.60	0.56	0.36	0.00	0.05	0.00
Long-Term Debt to Equity	32.42	1.09	0.81	0.81	0.87	0.60	0.56	0.36	0.00	0.05	0.00
Financial Leverage	-0.07	-0.48	-0.56	-0.54	-0.51	-0.48	-0.69	-0.67	-0.74	-0.73	-0.78
Leverage Ratio	6.80	2.49	2.30	2.10	1.89	1.55	1.63	1.43	1.34	1.28	1.24
Compound Leverage Factor	9.63	2.71	2.75	2.32	2.03	1.78	1.76	1.46	1.30	1.23	1.21
Debt to Total Capital	97.01%	52.15%	44.69%	44.60%	46.56%	37.69%	35.88%	26.36%	0.00%	4.85%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	97.01%	52.15%	44.69%	44.60%	46.56%	37.69%	35.88%	26.36%	0.00%	4.85%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	1.27%	1.06%	2.93%	2.98%	4.16%	3.52%	0.00%
Common Equity to Total Capital	2.99%	47.85%	55.31%	55.40%	52.17%	61.25%	61.19%	70.66%	95.84%	91.63%	100.00%
Debt to EBITDA	-2.31	-0.68	-0.80	-0.67	-0.70	-0.81	-0.78	-0.57	0.00	-0.14	0.00
Net Debt to EBITDA	-0.27	0.32	0.51	0.46	0.41	0.62	0.83	0.86	0.00	1.34	0.00
Long-Term Debt to EBITDA	-2.31	-0.68	-0.80	-0.67	-0.70	-0.81	-0.78	-0.57	0.00	-0.14	0.00
Debt to NOPAT	-4.99	-1.30	-1.16	-1.11	-1.08	-1.09	-1.16	-0.79	0.00	-0.12	0.00
Net Debt to NOPAT	-0.58	0.61	0.74	0.76	0.64	0.84	1.23	1.18	0.00	1.09	0.00
Long-Term Debt to NOPAT	-4.99	-1.30	-1.16	-1.11	-1.08	-1.09	-1.16	-0.79	0.00	-0.12	0.00
Altman Z-Score	-0.81	3.30	-1.02	-1.01	-2.68	-2.64	-2.02	-3.08	-3.10	1.79	-0.51
Noncontrolling Interest Sharing Ratio	2.13%	1.05%	2.57%	2.42%	3.48%	2.83%	2.18%	1.93%	2.03%	1.89%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	16.75	7.09	5.01	5.93	4.01	9.31	9.12	9.28	6.33	6.89	8.31
Quick Ratio	16.46	6.87	4.27	5.04	3.34	8.99	8.91	8.98	5.89	6.48	8.13
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-15	7.75	-7.39	4.45	6.50	-2.95	-24	-33	-52	-63	-33
Operating Cash Flow to CapEx	-40,596.67%	-7,111.90%	-678,100.00%	-426.73%	-21,828.13%	-5,158.57%	-4,176.92%	-574.95%	-867.64%	-957.40%	-774.49%
Free Cash Flow to Firm to Interest Expense	-1.06	2.87	-3.33	1.92	3.00	-1.44	-13.58	-95.07	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	-0.84	-4.43	-3.06	-5.30	-3.22	-5.28	-4.99	-24.76	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	-0.85	-4.49	-3.06	-6.54	-3.24	-5.39	-5.11	-29.06	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.04	0.03	0.03	0.03	0.03	0.02	0.02	0.03	0.03	0.06
Accounts Receivable Turnover	3.92	2.01	2.00	2.15	3.04	1.72	1.66	2.10	5.80	2.01	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.34	0.29	0.26	0.23	0.21	0.19	0.17	0.14	0.17	0.19	0.00
Accounts Payable Turnover	0.71	1.32	0.00	0.00	0.00	0.00	2.64	2.21	0.54	0.00	0.00
Days Sales Outstanding (DSO)	93.03	181.34	182.87	169.80	120.16	212.65	220.48	174.11	62.90	181.66	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	516.81	277.33	0.00	0.00	0.00	0.00	138.39	164.89	674.28	0.00	0.00
Cash Conversion Cycle (CCC)	-423.78	-95.99	182.87	169.80	120.16	212.65	82.08	9.22	-611.38	181.66	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	31	25	32	29	28	43	34	44	46	54	21
Invested Capital Turnover	0.21	0.17	0.15	0.12	0.11	0.08	0.13	0.09	0.15	0.14	0.30
Increase / (Decrease) in Invested Capital	3.35	-18	-2.30	-15	-18	-11	13	22	43	53	21
Enterprise Value (EV)	1,624	1,980	912	944	704	454	510	270	174	265	201
Market Capitalization	1,600	2,005	946	979	732	490	556	317	217	312	273
Book Value per Share	$0.05	$0.39	$0.52	$0.53	$0.50	$0.71	$0.74	$0.85	$0.83	$0.94	$0.91
Tangible Book Value per Share	($0.16)	$0.18	$0.29	$0.30	$0.25	$0.46	$0.49	$0.58	$0.56	$0.68	$0.87
Total Capital	220	105	119	115	107	129	131	129	93	109	92
Total Debt	213	55	53	51	50	48	47	34	0.00	5.29	0.00
Total Long-Term Debt	213	55	53	51	50	48	47	34	0.00	5.29	0.00
Net Debt	25	-25	-34	-35	-29	-37	-50	-51	-47	-50	-72
Capital Expenditures (CapEx)	0.03	0.17	0.00	2.88	0.03	0.21	0.21	1.48	0.86	1.24	1.09
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-6.49	-6.21	-3.19	0.26	-6.59	-4.42	-6.14	-4.91	-3.33	-3.14	-5.87
Debt-free Net Working Capital (DFNWC)	182	74	84	87	73	81	91	80	43	52	66
Net Working Capital (NWC)	182	74	84	87	73	81	91	80	43	52	66
Net Nonoperating Expense (NNE)	47	124	3.91	14	20	74	13	5.25	6.58	42	6.17
Net Nonoperating Obligations (NNO)	25	-25	-34	-35	-29	-37	-50	-51	-47	-50	-72
Total Depreciation and Amortization (D&A)	3.19	2.96	2.89	2.80	2.76	2.64	2.55	1.66	1.13	1.01	0.89
Debt-free, Cash-free Net Working Capital to Revenue	-105.32%	-109.61%	-64.36%	6.02%	-161.62%	-114.32%	-177.49%	-167.34%	-93.48%	-80.06%	-186.89%
Debt-free Net Working Capital to Revenue	2,952.26%	1,303.60%	1,683.98%	1,975.56%	1,781.46%	2,108.16%	2,628.70%	2,728.17%	1,222.21%	1,332.22%	2,096.31%
Net Working Capital to Revenue	2,952.26%	1,303.60%	1,683.98%	1,975.56%	1,781.46%	2,108.16%	2,628.70%	2,728.17%	1,222.21%	1,332.22%	2,096.31%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.45)	($0.24)	($0.11)	($0.21)	($0.28)	($0.15)	($0.21)	($0.15)	($0.15)	($0.13)	($0.18)
Adjusted Weighted Average Basic Shares Outstanding	131.10M	121.50M	126.43M	115.21M	111.06M	107.97M	108.05M	106.75M	106.41M	101.03M	101.40M
Adjusted Diluted Earnings per Share	($0.45)	($0.24)	($0.11)	($0.21)	($0.28)	($0.15)	($0.21)	($0.15)	($0.15)	($0.13)	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	131.10M	121.50M	126.43M	115.21M	111.06M	107.97M	108.05M	106.75M	106.41M	101.03M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	132.40M	131.45M	128.86M	126.32M	120.70M	111.19M	110.14M	108.22M	107.72M	107.12M	106.38M
Normalized Net Operating Profit after Tax (NOPAT)	-12	-10	-9.70	-11	-11	-14	-10	-11	-9.77	-10	-13
Normalized NOPAT Margin	-773.41%	-540.81%	-603.39%	-971.26%	-1,080.78%	-1,157.70%	-996.49%	-1,315.13%	-1,176.51%	-1,267.06%	-2,496.20%
Pre Tax Income Margin	-3,802.53%	-1,686.81%	-845.24%	-2,201.09%	-3,017.78%	-1,355.52%	-2,258.62%	-1,952.75%	-1,971.33%	-1,565.50%	-3,720.68%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-2.86	-10.96	-5.13	-9.48	-13.56	-6.97	-12.33	-44.55	0.00	0.00	0.00
NOPAT to Interest Expense	-0.82	-3.83	-4.37	-4.63	-5.21	-6.81	-5.88	-30.67	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	-2.87	-11.02	-5.13	-10.73	-13.57	-7.07	-12.45	-48.85	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	-0.83	-3.90	-4.37	-5.87	-5.23	-6.91	-6.00	-34.98	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.01%	-0.01%

Frequently Asked Questions About NextNav's Financials

When does NextNav's financial year end?

According to the most recent income statement we have on file, NextNav's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has NextNav's net income changed over the last 4 years?

NextNav's net income appears to be on a downward trend, with a most recent value of -$203.76 million in 2024, falling from -$274.67 million in 2020. The previous period was -$143.47 million in 2023. See where experts think NextNav is headed by visiting NextNav's forecast page.

What is NextNav's operating income?

NextNav's total operating income in 2024 was -$60.10 million, based on the following breakdown:

Total Gross Profit: -$5.11 million
Total Operating Expenses: $54.99 million

How has NextNav revenue changed over the last 4 years?

Over the last 4 years, NextNav's total revenue changed from $569 thousand in 2020 to $5.67 million in 2024, a change of 896.3%.

How much debt does NextNav have?

NextNav's total liabilities were at $111.62 million at the end of 2024, a 36.0% increase from 2023, and a 32.6% decrease since 2020.

How much cash does NextNav have?

In the past 4 years, NextNav's cash and equivalents has ranged from $8.67 million in 2020 to $100.08 million in 2021, and is currently $39.33 million as of their latest financial filing in 2024.

How has NextNav's book value per share changed over the last 4 years?

Over the last 4 years, NextNav's book value per share changed from -66.75 in 2020 to 0.39 in 2024, a change of -100.6%.

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This page (NASDAQ:NN) was last updated on 5/25/2025 by MarketBeat.com Staff

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NextNav (NN) Financials

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NextNav (NN) Financials

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