tradmap

NN Financials Nextnav Inc.

6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 51.7% per year over the past 5 years.
  • Operating margin has expanded, at -1535.8% in the latest year.

Financial health

  • Total debt ($274M) exceeds cash ($45M); net debt is $229M.
  • Total debt has grown faster than revenue (137.6% vs 51.7% per year).
  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-$189M -$92M $6M $0 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-24136% -12025% 87% 0% 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$51M -$25M $0 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $137M $274M 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$65M $36M $136M $0 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $5M -$189M 0.0% -1535.8% -$51M $274M $45M
2024 $6M -$102M 87.1% -1060.1% -$38M $55M $39M
2023 $4M -$72M 40.0% -1645.0% -$38M $48M $82M
2022 $4M -$40M 39.1% -1669.3% -$40M $47M
2021 $763000 -$145M 69.6% -5560.8% -$49M $100M
2020 $569000 -$137M -56.9% -5179.1% -$35M

Valuation over time

How the market has priced NN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 307.5 614.9 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is NN growing its revenue and profit?

Over the past 5 years, Nextnav Inc.'s revenue has grown 51.7% per year. These are computed facts, not advice.

How much debt does NN have?

As of FY2025, Nextnav Inc. reported $274M of total debt against $45M of cash.

What is NN's profit margin?

In FY2025, gross margin was —, operating margin -1535.8%, and net margin -4138.5%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.